WASHINGTON — The U.S. May balance narrowed to a $59.8 billion deficit as imports rose $700 million and exports advanced $1.4 billion. The revised April trade balance was a $60.5 billion deficit.

In imports, oil and related items fell $1.2 billion and autos posted a $842 million decline. Exports printed their gain as oil and related products advanced $1.3 billion, evidently as the U.S. re-exported more high-margin refined petroleum products, and civilian aircraft rose $312 million.

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