US trade deficit fell to its lowest level in 8 years last year

Source: Internet
Author: User
Keywords Trade deficit dropped to last year
Tags compared compared to the data economic economic recession exports financial financial crisis
Xinhua Washington, February 10 (reporter Lina Liu Hong) The United States Department of Commerce released 10th data showed that the financial crisis and economic recession, the 2009 U.S. trade deficit fell to 380.7 billion U.S. dollars, significantly lower than 2008 of 6959 U.S. dollars, a 8-year minimum level.  Relevant data show that in 2009, the U.S. imports of 1.934 trillion U.S. dollars, exports of 1.553 trillion U.S. dollars. In addition, the U.S. trade deficit increased to $40.2 billion trillion in the year to the highest level in December 2009, up 10% from the previous one months, as a third consecutive month of the US trade deficit, affected by factors such as rising oil prices.  Analysts had expected the US trade deficit to fall to $35.8 billion trillion in December.  Last December, U.S. imports were $182.9 billion trillion, the chain increased 4.8%, exports to 142.7 billion U.S. dollars, the chain increased by 3.3%, the largest increase since March 2007. Some economists point out that the 2010 trade deficit is expected to rise as the U.S. economy continues to recover.
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