US trade balance for March -$69.4 billion versus -$69.1 billion estimate

• Prior month $-68.9 billion revised to $-69.5B
• good trade balance for March $-91.54 billion versus $-91.838 billion
• US exports who are $57.6 billion which was $-5.3 billion less than February exports
• US imports were $327 billion which was 5.4 billion less than February imports
• US goods deficit $-92.5 billion
• Services surplus $23.1 billion
• Capital goods imports $75.73 billion versus February imports of $75.67 billion
• China’s market-rate deficit was $-17.17 billion versus February’s deficit of $-19.88 billion.
• US March oil import price was $69.39 versus February’s $66.97. That was 3% higher from March 2023 $67.38 per barrel.

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This article was written by Greg Michalowski at www.forexlive.com.