The US trade deficit declined 4.7% in September

The US trade deficit narrowed in September by 4.7%, with exports rising by more than imports.

And data issued by the US Bureau of Economic Analysis, yesterday, Wednesday, showed that the trade balance deficit of the United States decreased to 63.9 billion dollars last September, compared to a deficit of 67 billion dollars. In August 2020.

Analysts had forecast that the trade balance deficit in the United States would rise to $ 64.2 billion.

The data revealed that US exports rose by 2.6%, to reach $ 176.4 billion, last September, while US imports rose 0.5% during the month to 240.2 One billion dollars.

The decline reflects the US trade balance deficit, a drop in the commodity deficit by about $ 3.1 billion to $ 80.7 billion, with an increase in the services surplus by about $ 100 million, to record 16.8 billion Dollar.