THE US trade deficit shrank by an unexpectedly large margin in June as imports fell and exports grew, according to data released on Tuesday.
The trade gap fell to $US34.2 billion ($A38.42 billion) in June, down from a revised $US44.1 billion in May, according to the US Commerce Department. Analysts had expected a deficit of $US43.4 billion, according to Briefing.com.
The United States exported $US191.2 billion in goods and services in June and had imports of $US225.4 billion.
June's imports came in at $US5.8 billion lower than May and exports were $US4.1 billion higher.
Large export gains over May came in industrial supplies and materials ($US1.5 billion) and capital goods ($US1.5 billion).
Meanwhile, imports of industrial supplies and materials fell $US2.5 billion and consumer goods imports lost $US1.6 billion.
For the first six months of the year, the total US trade deficit was $US242.1 billion, compared to $US278.2 billion for January-June 2012.
Underpinning that improvement was a 2.1 per cent rise in exports to $US1.12 trillion, and a 1.0 per cent fall in imports to $US1.37 trillion.
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