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March 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) March 2021 February 2021 Percent Change from Prior Month -74.4 -70.5 5.6 7.9 October 2020 - November 2020 Exports 200.0 187.6 6.6 7.9 June 2020 - July 2020 Imports 274.5 258.1 6.3 10.9 June 2020 - July 2020 -91.6 -87.9 4.1 6.0 October 2020 - November 2020 Exports 142.9 131.2 8.9 12.2 June 2020 - July 2020 Imports 234.4 219.2 7.0 12.3 June 2020 - July 2020 March 2021 February 2021 Dollar Change from Prior Month -74.4 -70.5 -3.9 -5.1 October 2020 - November 2020 Exports 200.0 187.6 12.4 13.8 May 2020 - June 2020 Imports 274.5 258.1 16.4 22.8 June 2020 - July 2020 -91.6 -87.9 -3.6 -4.9 October 2020 - November 2020 Exports 142.9 131.2 11.7 12.5 June 2020 - July 2020 Imports 234.4 219.2 15.3 21.6 June 2020 - July 2020 Goods and Services Balance Goods (BOP Basis) Balance Goods and Services Balance Goods (BOP Basis) Balance Larger Increase or Decrease by Percent Change / When it Occurred Larger Increase or Decrease by Dollar Change / When it Occurred * The March goods and services deficit ($74.4 billion) was the highest on record. * The March goods deficit ($91.6 billion) was the highest on record. * The March services surplus ($17.1 billion) was the lowest since August 2012 ($17.1 billion). * March imports of goods and services ($274.5 billion) were the highest on record. * March imports of goods ($234.4 billion) were the highest on record. Goods (Census Basis, seasonally adjusted) Balance * The March goods deficit ($90.6 billion) was the highest on record. * The March non-petroleum deficit ($88.8 billion) was the highest on record. Exports * March exports of goods ($142.4 billion) were the highest since May 2018 ($142.7 billion). * March exports of industrial supplies and materials ($51.5 billion) were the highest on record. * March non-petroleum exports ($128.9 billion) were the highest on record. Imports * March imports of goods ($233.0 billion) were the highest on record. * March imports of consumer goods ($65.1 billion) were the highest on record. * March imports of foods, feeds, and beverages ($14.0 billion) were the highest on record. * March imports of capital goods ($63.0 billion) were the highest on record. * March non-petroleum imports ($217.7 billion) were the highest on record. Real Dollar Basis (Chained 2012 Dollars, seasonally adjusted) * The March real dollar goods deficit ($103.1 billion) was the highest on record * March real dollar imports of goods ($251.8 billion) were the highest on record Country and Other Highlights (Census Basis, not seasonally adjusted) Exports * March exports to CAFTA-DR ($3.4 billion) were the highest on record. * March exports to Singapore ($3.5 billion) were the highest on record. * March exports to South Korea ($5.9 billion) were the highest on record. * March exports to Taiwan ($3.4 billion) were the highest on record. Imports * March imports from Mexico ($33.4 billion) were the highest on record. * March imports from South Korea ($8.0 billion) were the highest on record. NOTE: Based on the May 4, 2021, U.S. International Trade in Goods and Services, March 2021 report, released by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.