International Trade Deficit $86.4 Billion in July, Down $5.7 Billion from June

Advance International Trade in Goods

The international trade deficit was $86.4 billion in July, down $5.7 billion from $92.1 billion in June. Exports of goods for July were $147.6 billion, $2.2 billion more than June exports. Imports of goods for July were $233.9 billion, $3.4 billion less than June imports.

Advance Wholesale Inventories

Wholesale inventories for July, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $722.5 billion, up 0.6% (±0.4%) from June 2021, and were up 11.5% (±1.4%) from July 2020. The May 2021 to June 2021 percentage change was revised from up 1.1 percent (±0.2%) to up 1.2% (±0.2%).

Advance Retail Inventories

Retail inventories for July, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $603.2 billion, up 0.4% (±0.2%) from June 2021, and were up 3.3% (±0.7%) from July 2020. The May 2021 to June 2021 percentage change was revised from up 0.3% (±0.2%) to up 0.5% (±0.2%)