5 June
US exports and imports fell sharply in April, marking the largest monthly percentage drops since record-keeping began in 1992.The US Department of Commerce said on Thursday that US exports in goods and services fell 20.5 percent in April from the previous month to 151.3 billion dollars. Imports stood at 200.7 billion dollars, down 13.7 percent.
Exports to the European Union, excluding services, declined by 32.4 percent from March. Trade with Canada and Mexico fell by a total of 37.4 percent.
The figures indicate that global economic activity sharply slowed down in April, especially in the developed countries, due to the coronavirus pandemic.
nhk
