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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.