Containers can be seen stacked behind imported Buick cars, covered in dust, made by American car maker General Motors, in this picture taken March 2, 2011, at the Binhai docks area in the Chinese coastal city of Tianjin.
Goods and services trade deficit in the U.S. edged up to $46.3 billion in January from the revised figure of $40.3 billion in December. REUTERS

Goods and services trade deficit in the U.S. edged up to $46.3 billion in January from the revised figure of $40.3 billion in December.

The deficit beat the Wall Street estimate of $41.4 billion and was the widest since June 2010 despite a boom in exports. January exports were $4.4 billion more than December exports of $163.3 billion, the U.S. Bureau of Economic Analysis said in a report on Thursday. Imports were worth $214.1 billion, $10.5 billion more than December imports of $203.6 billion.

Exports were boosted by increases in industrial supplies and materials ($3.7 billion), automotive vehicles, parts, and engines ($1.3 billion), and and foods, feeds, and beverages ($0.1 billion). Consumer goods, capital goods and other goods witnessed a decrease.

Increases in industrial supplies and materials, automotive vehicles, parts, and engines, capital goods and consumer goods accounted for the rise in imports in January.