<h1>Export growth led by services partially offsets larger import-driven trade deficits in the recent trade period.</h1> Combined exports in August 2022 and April-August 2022 rose year-on-year, led by services growth and modest merchandise export gains, while imports-especially merchandise and non-petroleum/non-gems categories-expanded more sharply, enlarging the merchandise and overall trade deficits; commodity-level patterns varied with strong export growth in select agricultural, chemical and electronic groups and sizable import increases in crude petroleum, coal and industrial inputs. Services data for August are provisional and some prior-period data have been revised.