(MENAFN) According to the US Commerce Department data, the US trade deficit shrank in June while exports hit the highest level in two years and a half.
Data showed also that trade gap had went down by 5.9% in June to USD43.6bln (AUS55.1bln).
In details, exports of goods and services increased to USD194.4bln, by 1.2%, posting the highest amount since December 2014 on higher foreign demand for American soybeans and other products.
Overall, exports of US had a lift from picking up in global economic growth and a drop in the value of the US dollar against other currencies.
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