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April 2022 Press Highlights All values in billions of dollars. Goods and services monthly BOP series began with January 1992 statistics. Goods and Services (BOP Basis, seasonally adjusted) Goods and Services Balance April 2022 March 2022 Percent Change from Prior Month Larger Increase or Decrease by Percent Change / When it Occurred -87.1 -107.7 -19.1 -19.9 November 2012 - December 2012 Exports 252.6 244.1 3.5 4.9 February 2022 - March 2022 Imports 339.7 351.8 -3.4 -13.2 March 2020 - April 2020 Goods (BOP Basis) Balance -107.7 -126.8 -15.0 -20.8 January 2009 - February 2009 Exports 176.1 170.0 3.6 6.0 February 2022 - March 2022 Imports 283.8 296.9 -4.4 -12.8 March 2020 - April 2020 April 2022 March 2022 Dollar Change from Prior Month Goods and Services Balance Larger Increase or Decrease by Dollar Change / When it Occurred -87.1 -107.7 20.6 n/a No larger increase on record. Exports 252.6 244.1 8.5 11.4 February 2022 - March 2022 Imports 339.7 351.8 -12.1 -30.8 March 2020 - April 2020 Goods (BOP Basis) Balance -107.7 -126.8 19.1 n/a No larger increase on record. Exports 176.1 170.0 6.1 9.6 February 2022 - March 2022 Imports 283.8 296.9 -13.0 -24.9 March 2020 - April 2020 n/a Not available * April exports of goods and services ($252.6 billion) were the highest on record. * April exports of goods ($176.1 billion) were the highest on record. * April exports of services ($76.5 billion) were the highest on record. * April imports of services ($55.9 billion) were the highest on record. Goods (Census Basis, seasonally adjusted) Exports * April exports of goods ($174.6 billion) were the highest on record. * April exports of industrial supplies and materials ($69.6 billion) were the highest on record. * April exports of foods, feeds, and beverages ($17.5 billion) were the highest on record. * April exports of capital goods ($47.5 billion) were the highest since March 2019 ($48.0 billion). * April petroleum exports ($27.2 billion) were the highest on record. * April non-petroleum exports ($147.4 billion) were the highest on record. Imports * April imports of foods, feeds, and beverages ($18.3 billion) were the highest on record. * April imports of automotive vehicles, parts, and engines ($33.7 billion) were the highest on record. * April petroleum imports ($25.2 billion) were the highest since October 2014 ($25.7 billion). Real Dollar Basis (Chained 2012 Dollars, seasonally adjusted) Exports * April real dollar exports of goods ($155.0 billion) were the highest on record. Imports * April real dollar imports of foods, feeds, and beverages ($14.7 billion) were the highest on record. Country and Other Highlights (Census Basis, not seasonally adjusted) Balance * The April surplus with South and Central America ($7.6 billion) was the highest on record. * The April deficit with South Korea ($4.1 billion) was the highest on record. Exports * April exports to South and Central America ($20.0 billion) were the highest on record. * April exports to the United Kingdom ($6.6 billion) were the highest since March 2018 ($6.8 billion). Imports * April imports from South Korea ($9.9 billion) were the highest on record. * April imports from India ($7.7 billion) were the highest on record. * The April import average price per barrel of crude oil ($94.99) was the highest since August 2014 ($96.34). NOTE: Based on the June 7, 2022, U.S. International Trade in Goods and Services, April 2022 report, released by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.