Sina Finance and Economics on the 30th, due to an increase in exports and a decline in imports, the US merchandise trade deficit unexpectedly narrowed for the third consecutive month in November, falling to its lowest level in three years.

The trade deficit fell to $63.2 billion from $66.8 billion in the previous month, according to data released by the Commerce Department on Monday. It is expected to expand to $68.7 billion. Exports increased by 0.7%, while imports fell by 1.3%.

A further narrowing of the trade deficit will help boost growth in the fourth quarter. Imports were a slight drag on GDP growth in the first two quarters, while exports were up and down, dragging down in the second quarter and slightly boosting economic growth in the third quarter.

Exports of automotive products increased by 3.4%, while exports of consumer goods increased by 2.6%, while imports of industrial goods, consumer goods and capital goods declined one after another.