From the Department of Commerce reported: The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $71.2 billion in May, up $2.2 billion from $69.1 billion in April, revised. May exports were $206.0 billion, $1.3 billion more than April exports. May imports were $277.3 billion, $3.5 billion more than April imports. emphasis added Exports and imports increased in May. Exports are up 41% compared to May 2020; imports are up 38% compared to May 2020. Both imports and exports decreased sharply due to COVID-19, and have now bounced back (imports more than exports), The second graph shows the U.S. trade deficit, with and without petroleum.