US exports in August of $177.6 billion and imports of $223.2 billion resulted in a goods and services deficit of $45.6 billion in August, virtually unchanged from July, and up $0.1 billion from August 2010, according to data released Thursday by the US Census Bureau of the Department of Commerce.
The goods deficit rose $0.1 billion from July in August to $61.4 billion and the services surplus rose $0.2 billion to $15.8 billion. Imports of goods were little changed at $188.1 billion.
Exports of steelmaking materials totaled $1.4 billion in August compared to $1.2 billion in July. Meanwhile, iron and steel mill products exports fell from $1.04 billion in July to $1.02 billion in August. Metallurgical coal exports were valued at $1.2 billion compared to $999 million in July.
As for imports, steelmaking materials imports were $781 million in August, up from $633 million in July. Iron and steel mill products imports fell in August to $1.6 billion compared to $1.8 billion in July.