US trade balance for January $-45.3 billion versus $-46.1 billion estimate

US trade balance for January 2020 highlights:

• US trade balance for January 2020
• Prior month $-48.6 billion versus $-48.9 billion previously reported
• US China trade deficit $26.07 billion versus $24.79 billion in December
• January exports -0.4% versus December +0.9%
• imports -1.6% in January versus +2.6% in December
• January goods deficit $67.01 billion. Services surplus plus $21.67 billion
• January exports $208.57 billion versus December $209.48 billion. Imports $253.91 billion versus Decembers $258.09 billion
• OPEC January trade surplus $560 million versus December surplus of $1.33 billion