Trade gaps widens in Nov to $63.1 billion
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Record imports and surging oil prices helped widen the U.S. trade deficit much more than expected in November to $63.1 billion, despite a ninth consecutive month of record exports, a U.S. Commerce Department report on Friday showed.
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The deficit jumped by 9.3 percent, to $63.1 billion, the government said, reflecting record oil imports. The deficit with China declined while the weak dollar lifted exports to a record high.
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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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Bulgaria's 11-month trade deficit widened by 24.7 % on the year to leva (BGN) 4.615 billion, the National Statistical Institute said Wednesday.
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The U.S. trade deficit widened   sharply in July to a record $68 billion, as oil import prices,   and demand for foreign goods and services rose to new highs, a   government report showed on Tuesday.
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America's trade deficit swelled to a record high of $55.5 billion in October as imports -- including those from China -- surged to the loftiest levels ever. Skyrocketing crude oil prices also contributed to the yawning trade gap.
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WASHINGTON -- The U.S. trade deficit in November surged to the highest level in 14 months, reflecting record foreign crude oil prices. The deficit with China declined slightly while the weak dollar boosted exports to another record high.
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The US trade deficit widened to a new high of $55.5 billion in October, boosted by high oil prices and record imports from China as retailers geared up for Christmas.
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The U.S. trade deficit widened  nearly 9 percent in October to a record $55.5 billion as  sky-high oil prices helped propel imports into new territory,  the government said on Tuesday.
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The $60.3 billion deficit for November reflected record levels for imports of everything from oil and consumer goods to farm products, the government reported.
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A record jump in the price of imported oil pushed the trade deficit to &#36;63.8 billion in May, offsetting robust overseas sales gains by American companies.
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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.
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The US trade deficit widened in the first three months of 2007, official data shows, following higher oil prices.
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The UK&#39;s global trade deficit in goods widened to a nine-month high in October as imports rose to a record and exports to countries outside of the European Union declined.
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Trade data shows that rising prices for imported oil widened the US trade deficit in October.
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The U.S. trade deficit grew 2.3 percent in May, pushed up by higher oil prices, but the year-to-date gap remains lower than in 2006.
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The U.S. trade deficit widened more than expected in December and grew 6.5 percent during all of 2006 to a record $763.6 billion, a U.S. Commerce Department report showed on Tuesday.