Businesses brought in more cars, cellphones and supplies while bringing in less oil. Automotive vehicles, parts and engines increased by $2.0 billion and industrial supplies increased $1.9 billion. Imports of services, including transportation and travel, decreased slightly. Industrial supplies and materials shipments decreased $6.1 billion, including a $2.1 billion drop in crude oil. Consumer-goods exports decreased $1.7 billion, including less shipments of pharmaceutical preparations, diamonds and jewelry.

Source: Wall Street Journal June 07, 2023 13:08 UTC