Trade deficit narrows in April
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Britain&#39;s trade deficit has dropped in April to the lowest level for nearly two years, official data showed on Tuesday.
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WASHINGTON (CBS.MW) - The US trade deficit narrowed in July as imports fell for the first time in almost a year, the Commerce Department reported Friday.
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Canadaâs trade surplus narrowed in October, as exports to the United States fell to the lowest level in two years because of falling energy prices. The surplus narrowed to 3.8 billion Canadian dollars ($3.3 billion) from a revised 4.5 billion Canadian dollars in September, Statistics Canada said. Exports fell 1.7 percent, to 37.3 billion Canadian dollars. Imports increased for the first time since July, advancing 0.4 percent, to 33.5 billion Canadian dollars.
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The United States trade deficit shrank by the most in almost five years in October as the price of imported oil fell and faster growth abroad propelled exports to a record, the Commerce Department said yesterday.
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The trade deficit shrank much more than expected in April, raising hopes for stronger economic growth as the weakening dollar helped trim imports and boost exports to a record.
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WASHINGTON - The US trade deficit unexpectedly narrowed in July as Boeing Co., General Electric Co. , and Deere &amp; Co. shipped more airplanes, engines, and tractors overseas.
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After years of deterioration, the United States trade deficit appears to have finally peaked and started to decline.
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The countryÂs trade surplus narrowed more than expected as American demand cooled, signaling the impetus exports contributed to economic growth last quarter is fading. The trade surplus fell 24.8 percent, to 614.7 billion yen ($5.2 billion) in October from a year earlier, the Ministry of Finance said. Demand for Japanese exports is cooling after the American market, JapanÂs largest grew at the slowest pace in more than three years.
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A record drop in oil import prices pushed the U.S. trade deficit in October to its lowest level in more than a year, while U.S. exports rose to a new high, a Commerce Department report showed on Tuesday.
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The U.S. trade gap narrowed slightly  in June as exports boomed, but surging oil prices and rising  imports from China still kept the deficit on track for a record  this year, a U.S. Commerce Department report showed on  Thursday.
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WASHINGTON -- Helped by a record plunge in oil prices, America's trade deficit dropped dramatically in October, falling to the lowest level in 14 months.
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The U.S. trade gap narrowed in  December as the declining dollar gave exports a boost, while  first-time claims for jobless benefits fell to their lowest  level in more than 4 years last week.
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The trade deficit narrowed slightly  in July as exports continued to outpace imports, the government  said on Tuesday, suggesting trade could offer a welcome lift to  third-quarter economic growth.
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The U.S. trade deficit declined slightly in July, helped by record exports that offset the biggest foreign oil bill in nearly a year. But even a spate of recalls did not stop the deficit with China from climbing to the second-highest level on record.
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The deficit in trade in goods shrank to 6.2 billion pounds in January from 6.9 billion in December, official data showed Tuesday.
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The gap between how much the US exports and imports has narrowed to its lowest level in more than a year.
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The U.S. trade deficit narrowed more than expected in September as a rise in exports to unprecedented levels offset the impact of record-high prices for imported oil, a government report showed on Wednesday.