US trade deficit falls to $73.8B in October

ISTANBUL

The US trade deficit fell 11.9% to $73.8 billion in October, down from $83.8 billion in September, according to the US Bureau of Economic Analysis (BEA) on Thursday.

Exports dropped 1.6% to $265.7 billion during the previous month and imports also declined 4% to $339.6 billion.

The goods deficit, meanwhile, decreased $10.4 billion to $98.7 billion versus September.

The services surplus fell $400 million to $24.8 billion.