The US Census Bureau and the US Bureau of Economic Analysis reported Wednesday that total March exports of $186.8 billion and imports of $238.6 billion resulted in a goods and services deficit of $51.8 billion, up from $45.4 billion in February. March exports were $5.3 billion more than February exports of $181.5 billion, and March imports were $11.7 billion more than February imports of $226.9 billion.
In March, the goods deficit increased $6.5 billion from February to $67.6 billion, and the services surplus increased $0.1 billion from February to $15.8 billion. The goods and services deficit increased $5.8 billion from March 2011 to March 2012. Exports were up $12.8 billion, or 7.3 percent, and imports were up $18.5 billion, or 8.4 percent.