The U.S. goods deficit may have increased for a sixth month in April compared to a year earlier. Export data from seven major seaports shows exports expanded by 4%, whereas Panjiva data for imports across all ports increased by 9%. The growth in imports has been driven especially by shipments of consumer goods from China. A similar pattern has occurred in prices, with import prices increasing 4% and exports by 3%. Assuming no other changes that would mean imports may have increased as much as 14%, and exports by 8%. Economists currently see the deficit rising 8% on a year earlier to r...
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