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US trade deficit jumps 4.8% to $71.1 billion in February

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SILVER SPRING, Md. – The U.S. trade deficit grew to $71.1 billion in February, as a decline in exports more than offset a slight dip in imports.

The February gap between what America buys from abroad compared to what it sells abroad jumped 4.8% the revised January deficit of $67.8 billion, the Commerce Department said Wednesday.

The increase reflected a 2.6% decline in exports of goods and services to $187.3 billion on a seasonally adjusted basis. That wiped out a 0.7% decline in imports, which ticked down 0.7% from January's record high of $260.1 billion.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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