WASHINGTON (Reuters) – The U.S. trade deficit narrowed in February against all expectations, because both exports at record levels and a decline in imports from China and other key suppliers of U.S , according to figures released Thursday by the Commerce Department.
In February, the deficit fell by 12.4% to $ 46.0 billion, compared to January. This is the largest percent decline since May 2009.
Analysts had expected a trade deficit of 52.0 billion or slightly less than in January.
U.S. exports rose slightly, to 181.2 billion dollars.