US trade gap widens in January

Written By Unknown on Kamis, 07 Maret 2013 | 22.34

THE US trade deficit grew sharply in January after a plunge in December, government figures show.

The Commerce Department reported the trade gap rose to $US44.4 billion ($A43.5 billion), up from a revised $US38.1 billion in December.

Exports fell by $US2.2 billion to $US184.5 billion, led by declines in exports of industrial supplies and materials as the United States beefed up its imports of those goods.

Total imports rose about $US4.1 billion to $US228.9 billion.

The increase in the trade shortfall came in larger than the average analyst estimate of $US43.0 billion.


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