January U.S. Exports, Imports Increase - Modern Distribution Management

Log In

January U.S. Exports, Imports Increase

Goods and services deficit up 11.8 percent year over year.

Total January exports were $192.1 billion and imports were $240.6 billion, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce. This resulted in a goods and services deficit of $48.5 billion, up from $44.3 billion in December. January exports were up $1.1 billion from December, and January imports were up $5.3 billion from December.

The January increase in the goods and services deficit reflected an increase in the goods deficit of $4 billion to $69.7 billion and a decrease in the services surplus of $0.3 billion to $21.2 billion.
Year-over-year, the goods and services deficit increased $5.1 billion, or 11.8 percent, from January 2016. Exports increased $13.3 billion or 7.4 percent. Imports increased $18.4 billion or 8.3 percent.
Exports of goods increased $1.1 billion and exports of services decreased less than $0.1 billion. The increase in exports of goods mostly reflected an increase of $2.1 billion in industrial supplies and materials and a decrease in capital goods of $1.9 billion. Exports of services decreased less than $0.1 billion to $64.1 billion.
Imports of goods increased $5.1 billion and imports of services increased $0.2 billion. The increase in imports of goods mostly reflected an increase in consumer goods ($2.4 billion). The increase in imports of services mainly reflected an increase in transport ($0.2 billion).


Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.