The U.S. international trade deficit during the month of June was $41.5 billion. That is down from a $44.7 billion deficit in May, and is the lowest the deficit has been since January.
Exports for the month totaled $195.9 billion, up from $195.6 billion. Exports of goods increased to $136.9 billion from $136.7 billion and exports of services increased to $59.0 billion from $58.9 billion.
Imports for the month totaled $37.4 billion, down from $240.3 billion. Imports of goods decreased to $197.2 billion from $200.1 billion and imports of services increased marginally to $40.2 billion.
The chart below shows the rolling 12-month trade balance as a percentage of exports (during the same period) to provide better perspective of the relative size of the deficit over time.