The December 2011 to December 2012 increase in exports of goods reflected increases in capital goods ($1.4 billion); industrial supplies and materials ($1.2 billion); other goods ($0.8 billion); foods, feeds, and beverages ($0.5 billion); consumer goods ($0.3 billion); and automotive vehicles, parts, and engines ($0.2 billion).
The December 2011 to December 2012 decrease in imports of goods reflected decreases in industrial supplies and materials ($7.7 billion) and other goods ($0.2 billion). Increases occurred in consumer goods ($1.9 billion); automotive vehicles, parts, and engines ($1.3 billion); capital goods ($0.4 billion); and foods, feeds, and beverages ($0.1 billion).
For 2012, exports of $2,195.9 billion and imports of $2,736.3 billion resulted in a goods and services deficit of $540.4 billion, $19.5 billion less than the 2011 deficit of $559.9 billion. For goods, exports were $1,563.6 billion and imports were $2,299.3 billion, resulting in a goods deficit of $735.7 billion, $2.7 billion less than the 2011 deficit of $738.4 billion. For services, exports were $632.3 billion and imports were $437.0 billion, resulting in a services surplus of $195.3 billion, $16.8 billion more than the 2011 surplus of $178.5 billion.