FXstreet.com (Barcelona) - US deficit in goods and services trade has narrowed somewhat in March, as imports decreased more than exports, according to data released by the US Commerce Department.

In March, the US trade gap has decreased to $52.21 billion, down from revised $61.7 billion deficit in February, as exports decreased by $2.6 billion compared to February, and imports fell by $6.1 billion.

The goods deficit has declined in March by $ 3.5 billion to a total amount of $68.6 billion, while the services surplus has remained virtually unchanged at $10.4 billion. The main reason for the decrease on imports has been the $2.1 billion cut on cars and parts import and the $2.0 billion decrease in industrial supplies and materials.