Exports increase, imports decrease month-on-month in April
The US trade deficit was at $87.1 billion in March,down $20.6 billion from April, according to the Bureau of Economic Analysis (BEA).
The deficit hit a record $107.7 billion in March.
Exports rose 3.5% to $252.6 billion while imports fell 3.4% to $339.7 billion month-on-month in April.
Natural gas exports increased $0.9 billion over the same period, while other petroleum products rose $0.7 billion.
The US goods imports fell $13 billion to $283.8 billion.