Domestic wholesale sales decreased 3.5% in 4Q 2023 compared to 4Q 2022, largely driven by declines in the Transport Equipment and Petroleum & Petroleum Products industries while most other wholesale trade industries registered an increase in domestic sales. Excluding petroleum, domestic wholesale sales rose 16.2%. Foreign wholesale sales declined 4.7% over the same period, with most wholesale trade industries registering a decrease in foreign sales. Excluding petroleum, foreign wholesale sales dropped 3.4%.
