US foreign trade deficit climbs to $56.8B in November

​​​​​​​By Mucahithan Avcioglu

ISTANBUL (AA) - The US trade deficit rose to $56.8 billion in November, climbing above expectations, the US Commerce Department announced Thursday.

The trade deficit soared 94.6% compared to the previous month; according to the data; the expectation for the deficit was $43.4 billion.

The US foreign trade deficit in October was upwardly revised to $29.2 billion, the lowest since June 2009.

Exports fell 3.6% in November to $292.1 billion, while imports climbed 5% to $348.9 billion.

Trade partners with which the US had the largest goods trade deficits were Mexico at$17.8 billion), Vietnam at $16.2 billion, Taiwan had $15.6 billion, China had $14.7 billion, and the EU with $14.5 billion.

The trade partners with the biggest surpluses were Switzerland with $7.8 billion, the Netherlands at $5.6 billion, South and Central America came in with $5.1 billion, the UK at $4.2 billion, and Hong Kong with $2.2 billion.