The negative balance in November exceeded the calculations of analysts who expected a decrease of US $ 62.5 billion, and the accumulated deficit contribution from January to November reached US $ 604.823 billion. This amount was 532.289 billion dollars in the same period in 2019.
In November, the value of US exports rose 1.2% to US $ 184.2 billion, driven by sales of supplies and industrial materials, especially natural gas, food, drinks, travel and transportation.
According to the government report, the import value of US $ 252.3 billion rose 2.9% in November, mainly due to the purchase of cell phones and other home appliances and industrial materials, capital goods and transportation.
The US goods trade deficit with China fell to $ 26.333 billion in November, after $ 31.264 billion in October, and has accumulated a negative balance of $ 320.442 billion since January. EFE
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