February 17, 2014

2013 Oil Imports Total $272.5 Billion

The Nation’s international trade deficit in goods and services decreased to $471.5 billion in 2013 from $534.7 billion in 2012, as exports increased and imports decreased.

Like the overall trade deficit, oil imports showed improvement over 2012 numbers.

Oil imports for 2013 totaled $272.5 billion, down from $312.8 billion in 2012.

Source : U.S. Census Bureau

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