- Prior was +5.05B
Details:
- Exports 68.25B vs 69.9B prior
- Imports 64.20B vs 64.9B prior
- Exports -2.8%, imports -1.8%
- Exports down in 6 of 11 product sections
- Surplus with the USA +13.3B vs +13.2B prior
A better trade surplus is good news for a currency but when it comes on imports and exports falling, it's not a great sign for the economy. That said, this is the first decline in exports in seven months and came on a drop in global oil prices and other exported goods.
