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economists believe that the U.S. trade deficit this year will continue to expand, but the U.S. manufacturing sector will benefit from the weak dollar, because of the depreciation of the dollar will increase the competitiveness of U.S. products in international markets.
U.S. Commerce Department announced on the 11th, the report shows that rapid growth in imports in December 2010, the U World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor .S. trade deficit widened to $ 40.6 billion, an increase of 5.9 percent from November's revised $ 38.3 billion.
affected by financial crisis and a dramatic drop in the trade of the United States in 2009, as the economy recovers from the foreign trade of the United States in 2010, rebounded significantly.
data show that U.S. exports in December last year, an increase of 1.8% to $ 163 billion, the highest level since July 2008. This is mainly due to industrial machinery, civilian aircraft, motor vehicles and parts export growth promoting.
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However, in December last year, U.S. imports grew by a faster ring of imports increased by 2.6 percent to $ 203.5 billion, the highest level since October 2008. This is mainly because the rise in oil prices led to a significant increase in imports, the month the average price per barrel of U.S. crude oil imports rose to $ 79.78.
From the year 2010, U world pie network information .S. exports to 1.8318 trillion U.S. dollars, imports amounted to 2.3297 trillion U.S. dollars, the trade deficit was $ 497.8 billion, an increase of 32.8% compared to 2009.