Standing at $40.4 billion for November, the trade deficit fell by 28.7%, the Commerce Department reported on Jan. 13.
Analysts had expected a much smaller drop in the deficit in the international trade in goods and services to $51 billion after a revised $56.7 billion chalked up in October.
The November deficit resulted from exports of $142.8 billion and imports of $183.2 billion, the department said.
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