July 28, 2008

In the first five months of 2008, the U.S. trade balance in manufactured goods moved from a deficit to a surplus as compared to the same period last year. Our trade balance in manufactured goods improved significantly with FTA partners Singapore (up $3.0 billion year-to-date), Chile (up $2.0 billion), and Australia (up $1.3 billion).

Source: Prepared by the International Trade Administration