US October trade balance $-64.3 billion versus $-64.2 billion estimate

<ul><li><a href="https://www.forexlive.com/news/us-sept-trade-balance-615b-vs-599b-expected-20231107/" target="_blank" rel="follow">Prior month</a> $-61.5 billion</li><li>US trade balance -64.3 during dollars versus $-64.2 billion estimate. Preliminary was at $-61.5 billion</li></ul><ul><li><p>US Goods Deficit and Services Surplus (October)</p><ul><li>Goods Deficit: -$89.80 billion versus -89.84 billion preliminary</li><li>Services Surplus: $25.54 billion</li></ul></li><li><p>US Exports and Imports (October)</p><ul><li>Exports: $258.79 billion (October) vs. $261.41 billion (September)</li><li>Imports: $323.05 billion (October) vs. $322.56 billion (September)</li><li>Export Change: -1.0% from September</li><li>Import Change: +0.2% from September</li><li>Year-to-date goods and services deficit decreased -$161.4 billion or -19.8% from the same period in 2022. Exports increased $28 billion or 1.1%. Imports decreased $133.4 billion or -4.0%</li></ul></li><li><p>US Capital Goods Imports (October)</p><ul><li>October: $73.25 billion</li><li>September: $71.47 billion</li></ul></li><li><p>U.S.-China Trade Deficit (October)</p><ul><li>October: $25.52 billion</li><li>September: $28.45 billion</li></ul></li><li><p>US Oil Import Price (October)</p><ul><li>October: $78.60/barrel</li><li>September: $76.54/barrel</li><li>Year-on-Year Change: -4.2% from October 2022's $82.05/barrel</li></ul></li></ul>

This article was written by Greg Michalowski at www.forexlive.com.