U.S. trade deficit rises 16.3% in July, up 32,000 million

Washington, Sept 10 (Thomson Financial) .- The U.S. trade deficit rose 16.3 percent in July and was placed at 32,000 million dollars, the highest level of the last six months, reported the Commerce Department today.

Most analysts expect the figure is located about 28,000 million dollars.

The upturn was largely due to increased oil imports and vehicles.

Total imports rose by 4.7 percent, while exports rebounded a slight 2.2 percent.

For countries and regions, the trade imbalance with China, the second largest U.S. trading partner after Canada, reached 20,420 million in July compared to 25,010 million for the same month last year.