International Trade Deficit $87.6 Billion in August; up $0.8 Billion From July

The U.S. Census Bureau announced the following international trade, wholesale inventories, and retail inventories advance statistics for August 2021:

Advance International Trade in Goods

The international trade deficit was $87.6 billion in August, up $0.8 billion from $86.8 billion in July. Exports of goods for August were $149.0 billion, $1.1 billion more than July exports. Imports of goods for August were $236.6 billion, $1.9 billion more than July imports.

Advance Wholesale Inventories

Wholesale inventories for August, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $731.0 billion, up 1.2% (±0.2%) from July 2021, and were up 12.3% (±1.2%) from August 2020. The June 2021 to July 2021 percentage change was unrevised from the preliminary estimate of up 0.6 percent (±0.4%).

Advance Retail Inventories

Retail inventories for August, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $603.3 billion, up 0.1% (±0.2%)* from July 2021, and were up 2.3% (±0.7%) from August 2020. The June 2021 to July 2021 percentage change was unrevised from the preliminary estimate of up 0.4% (±0.2%).

The September 2021 Advance report is scheduled for release on October 27, 2021.