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July 2021 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) July 2021 Goods and Services Balance June 2021 Percent Change from Prior Month Larger Increase or Decrease by Percent Change / When it Occurred -70.1 -73.2 -4.3 -7.7 March 2021 - April 2021 Exports 212.8 210.1 1.3 7.6 February 2021 - March 2021 Imports 282.9 283.3 -0.2 -1.3 March 2021 - April 2021 Goods (BOP Basis) Balance -87.7 -93.3 -5.9 -6.4 March 2021 - April 2021 Exports 148.6 145.9 1.8 10.2 February 2021 - March 2021 Imports 236.3 239.2 -1.2 -1.9 March 2021 - April 2021 July 2021 June 2021 Dollar Change from Prior Month Goods and Services Balance Larger Increase or Decrease by Dollar Change / When it Occurred -70.1 -73.2 3.2 5.6 March 2021 - April 2021 Exports 212.8 210.1 2.8 14.5 February 2021 - March 2021 Imports 282.9 283.3 -0.4 -3.7 March 2021 - April 2021 Balance -87.7 -93.3 5.5 5.9 March 2021 - April 2021 Exports 148.6 145.9 2.7 13.3 February 2021 - March 2021 Imports 236.3 239.2 -2.9 -4.5 March 2021 - April 2021 Goods (BOP Basis) * The July services surplus ($17.7 billion) was the lowest since August 2012 ($17.1 billion). * July exports of goods and services ($212.8 billion) were the highest since May 2019 ($214.0 billion). * July exports of goods ($148.6 billion) were the highest on record. Goods (Census Basis, seasonally adjusted) Exports * July exports of goods ($147.9 billion) were the highest on record. * July exports of industrial supplies and materials ($53.7 billion) were the highest on record. * July exports of consumer goods ($18.8 billion) were the highest on record. * July non-petroleum exports ($130.8 billion) were the highest on record. Real Dollar Basis (Chained 2012 Dollars, seasonally adjusted) * July real dollar exports of consumer goods ($19.6 billion) were the highest on record. Country and Other Highlights (Census Basis, not seasonally adjusted) Balance * The July deficit with the European Union ($20.8 billion) was the highest on record. * The July deficit with Taiwan ($3.6 billion) was the highest on record. Exports * July exports to Ireland ($1.3 billion) were the highest on record. Imports * July imports from India ($6.1 billion) were the highest on record. * July imports from Taiwan ($6.7 billion) were the highest on record. * The July import average price per barrel of crude oil ($65.24) was the highest since December 2014 ($73.60). NOTE: Based on the September 2, 2021, U.S. International Trade in Goods and Services, July 2021 report, released by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.