Americas
US foreign trade gap hits highest since April 2022
Trade deficit at $84.4B with exports hitting $267.9B in September, imports at $352.3B
Gokhan Ergocun |
06.11.2024 - Update : 06.11.2024
US Dollars
ISTANBUL
The US trade deficit hit $84.4 billion in September, soaring 19.2% from August, hitting its highest since April 2022, the US Bureau of Economic Analysis said Tuesday.
The country's exports totaled $267.9 billion, down 1.2% month-on-month.
Imports amounted to $352.3 billion, up 3%.
The expectation for the deficit was to come in at $83.8 billion.
Canada also posted a foreign trade deficit Tuesday of CAN$1.26 billion ($911 million), exceeding expectations.
The country's exports were at CAN$63.88 billion and imports totaled CAN$65.15 billion.
