U.S. Census Bureau: U.S. Bureau of Economic Analysis:

Transcription

1 U.S. Census Bureau U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce Washington, DC FOR IMMEDIATE RELEASE 8:30 A.M. EDT TUESDAY, MAY 6, For information on goods contact: For information on services contact: U.S. Census Bureau: U.S. Bureau of Economic Analysis: Matthew Przybocki Technical: Jeffrey Bogen Maria Iseman Media: Jeannine Aversa Goods and Services CB 14-80, BEA 14-20, FT-900 (14-03) U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES March The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total March exports of $193.9 billion and imports of $234.3 billion resulted in a goods and services deficit of $40.4 billion, down from $41.9 billion in February, revised. March exports were $3.9 billion more than February exports of $190.0 billion. March imports were $2.5 billion more than February imports of $231.8 billion. In March, the goods deficit decreased $0.6 billion from February to $60.7 billion, and the services surplus increased $0.9 billion from February to $20.4 billion. Exports of goods increased $3.7 billion to $135.1 billion, and imports of goods increased $3.1 billion to $195.8 billion. Exports of services increased $0.2 billion to $58.8 billion, and imports of services decreased $0.7 billion to $38.4 billion. The goods and services deficit increased $3.8 billion from March to March. Exports were up $9.2 billion, or 5.0 percent, and imports were up $13.0 billion, or 5.9 percent. Goods (Census Basis) The February to March increase in exports of goods reflected increases in capital goods ($2.1 billion); industrial supplies and materials ($0.9 billion); automotive vehicles, parts, and engines ($0.6 billion); other goods ($0.3 billion); and foods, feeds, and beverages ($0.1 billion). A decrease occurred in consumer goods ($0.3 billion). The February to March increase in imports of goods reflected increases in consumer goods ($1.2 billion); foods, feeds, and beverages ($1.0 billion); capital goods ($0.9 billion); and other goods ($0.8 billion). A decrease occurred in industrial supplies and materials ($0.5 billion). Automotive vehicles, parts, and engines were virtually unchanged. The March to March increase in exports of goods reflected increases in capital goods ($2.8 billion); consumer goods ($1.5 billion); foods, feeds, and beverages ($1.5 billion); and automotive vehicles, parts, and engines ($0.6 billion). Decreases occurred in industrial supplies and materials ($0.6 billion) and other goods ($0.2 billion). NOTE: Total goods data are reported on a balance of payments basis unless otherwise specified. Commodity and country data for goods are on a Census basis. Monthly statistics are seasonally adjusted unless otherwise specified. For information on data sources and definitions, see the information section on page A-1 of this release or at or The next FT-900 release is June 4,.

2 The March to March increase in imports of goods reflected increases in consumer goods ($4.1 billion); capital goods ($3.2 billion); automotive vehicles, parts, and engines ($1.6 billion); foods, feeds, and beverages ($1.0 billion); industrial supplies and materials ($0.8 billion); and other goods ($0.1 billion). Services Exports of services increased $0.2 billion from February to March. Increases in other private services ($0.2 billion), which includes items such as business, professional, and technical services, insurance services, and financial services, and in passenger fares ($0.1 billion) were partly offset by a decrease in travel ($0.1 billion). Changes in the other categories of services exports were relatively small. Imports of services decreased $0.7 billion from February to March. The decrease was more than accounted for by a decrease in royalties and license fees ($0.7 billion), which in February included payments for the rights to broadcast the Winter Olympic Games. Decreases in travel ($0.1 billion) and in passenger fares ($0.1 billion) also contributed. Partly offsetting these decreases were increases in other transportation ($0.2 billion), which includes freight and port services, and in other private services ($0.1 billion). Changes in the other categories of services imports were relatively small. The March to March increase in exports of services was $3.3 billion or 6.0 percent. The largest increases were in other private services ($2.0 billion), in travel ($0.7 billion), and in royalties and license fees ($0.6 billion). Within other private services, the largest increase was in business, professional, and technical services. The March to March increase in imports of services was $1.8 billion or 4.8 percent. The largest increases were in other private services ($1.5 billion) and in other transportation ($0.2 billion). Within other private services, the largest increase was in business, professional, and technical services. Goods and Services Moving Average For the three months ending in March, exports of goods and services averaged $192.1 billion, while imports of goods and services averaged $232.6 billion, resulting in an average trade deficit of $40.5 billion. For the three months ending in February, the average trade deficit was $40.0 billion, reflecting average exports of $191.2 billion and average imports of $231.3 billion. Selected Not Seasonally Adjusted Goods Details The March figures show surpluses, in billions of dollars, with Hong Kong $2.4 ($2.9 for February), Brazil $1.8 ($1.2), Australia $1.3 ($1.4), and Singapore $1.3 ($1.3). Deficits were recorded, in billions of dollars, with China $20.4 ($20.9), European Union $11.5 ($9.1), Japan $5.9 ($5.3), Germany $5.9 ($4.5), OPEC $5.2 ($5.7), Mexico $5.1 ($4.0), Saudi Arabia $3.3 ($3.2), Canada $2.2 ($2.1), India $2.2 ($1.7), Venezuela $1.8 ($1.8), Ireland $1.8 ($1.9), and South Korea $1.3 ($1.0). Advanced technology products exports were $29.3 billion in March and imports were $33.2 billion, resulting in a deficit of $3.9 billion. March exports were $5.0 billion more than the $24.3 billion in February, while March imports were $5.6 billion more than the $27.6 billion in February. Revisions Census Basis (not seasonally adjusted) For February, exports of goods were revised down $0.2 billion, and imports of goods were revised down $0.6 billion. Goods carry-over in March was $0.1 billion (0.1 percent) for exports and $1.1 billion (0.5 percent) for imports. For February, revised export carry-over was $0.1 billion (0.1 percent), while revised import carry-over was $0.3 billion (0.2 percent). Balance of Payments Basis (seasonally adjusted) For February, exports of goods were revised down $0.3 billion, and imports of goods were revised down $0.7 billion. For February, exports of services were revised down $0.1 billion, mainly reflecting a downward revision in travel. For February, imports of services were revised down $0.2 billion, mainly reflecting a downward revision in travel. Scheduled release dates through December are located on page A-5

3 NOTICE Seasonally Adjusted Countries and Areas for Goods and Services With the release of April statistics on June 4,, the U.S. International Trade in Goods and Services report will include a new exhibit (Exhibit 20) that presents quarterly seasonally adjusted trade in goods and services on a balance of payments basis for selected major trading partner countries and areas. A template of this exhibit is available at Upcoming Revisions to Goods and Services and Comprehensive Restructuring of the International Economic Accounts On June 4,, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis (BEA) will release U.S. International Trade in Goods and Services: April and U.S. International Trade in Goods and Services: Annual Revision for. With these releases, statistics on trade in goods on a Census basis will be revised beginning with 2011, and statistics on trade in goods on a balance of payments (BOP) basis and on trade in services will be revised beginning with The revised statistics on trade in goods on a Census basis will reflect corrections and adjustments to previously published not seasonally adjusted statistics, minor reclassifications of commodities to end-use categories, and recalculated seasonal and trading-day adjustments. The revised statistics on trade in goods on a BOP basis and on trade in services will reflect newly available and revised source data, changes in estimation methods, and changes in definitions and classifications. The revised statistics will also be included in the report U.S. International Transactions: First Quarter and Annual Revisions and in the annual revision of the U.S. International Transactions Accounts (ITAs), both to be released by BEA on June 18,. With this year s annual revision, BEA will also introduce a new presentation of the ITAs, including a new presentation of services, as part of a comprehensive restructuring of BEA s international economic accounts. This change in presentation, combined with the changes in definitions and classifications, will bring the statistics into closer alignment with international guidelines. Table templates of the new presentation are available on BEA s Web site. Additional information on BEA s comprehensive restructuring of the international accounts was presented in the March Survey of Current Business. Changes that will impact the U.S. International Trade in Goods and Services release are discussed below. Goods on a BOP Basis Net exports of goods under merchanting, which are currently included in trade in services under other private services, will be reclassified to goods through a new BOP adjustment. These net exports reflect the net value of goods that are purchased and subsequently sold abroad without entering the United States. Because these goods do not cross the U.S. customs frontier, their value is not recorded in the data for goods on a Census basis. BOP adjustments adjustments that BEA applies to goods on a Census basis to convert them to a BOP basis are combined and presented as net adjustments in this release. Services The services categories shown in Exhibits 3 and 4 will change, and the number of categories will increase from seven to nine. The new categories will be: maintenance and repair services n.i.e. (not included elsewhere); transport; travel (for all purposes including education); insurance services; financial services; charges for the use of intellectual property n.i.e.; telecommunications, computer, and information services; other business services; and government goods and services n.i.e. Templates of the new presentation for Exhibits 3 and 4 are available at The current category other transportation will be renamed transport and will include passenger fares, which will no longer be shown as a separate category. Royalties and license fees will be renamed charges for the use of intellectual property n.i.e. Transfers under U.S. military agency sales contracts (for exports), direct defense expenditures (for imports), and U.S. government miscellaneous services (for exports and imports) will become

4 part of government goods and services n.i.e. The definition of travel will be broadened to include health-related and education-related travel and the expenditures on goods and services by border, seasonal, and other short-term workers, all of which are currently included in other private services. To distinguish it from the current measure, the new measure will be called travel (for all purposes including education). Maintenance and repair services n.i.e., financial services, and insurance services, all of which are currently included in other private services, will be shown as separate categories. Other business services will consist of the remaining components of other private services. If you have questions or need additional information, please contact BEA s Balance of Payments Division at InternationalAccounts@bea.gov.

5 Table of Contents Part A: Seasonally Adjusted (by Commodity/Service) Exhibit 1 U.S. International Trade in Goods and Services 1 Exhibit 2 U.S. International Trade in Goods and Services Three-Month Moving Averages 2 Exhibit 3 U.S. Services by Major Category Exports 3 Exhibit 4 U.S. Services by Major Category Imports 4 Exhibit 5 U.S. Trade in Goods 5 Exhibit 6 Exports and Imports of Goods by Principal End-Use Category 6 Exhibit 7 Exports of Goods by End-Use Category and Commodity 7 Exhibit 8 Imports of Goods by End-Use Category and Commodity 9 Exhibit 9 Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use Category Totals 11 Exhibit 10 Real Exports and Imports of Goods by Principal End-Use Category - Chained (2009) Dollars 12 Exhibit 11 Real Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use Commodity Category Totals - Chained (2009) Dollars 13 Part B: Not Seasonally Adjusted Exhibit 12 U.S. Trade in Goods 14 Exhibit 13 Exports and Imports of Goods by Principal End-Use Category 15 Exhibit 14 Exports, Imports, and Balance of Goods by Selected Countries and Areas: 16 Exhibit 14a Exports, Imports, and Balance of Goods by Selected Countries and Areas: 17 Exhibit 15 Exports and Imports of Goods by Principal Commodities 18 Exhibit 16 Exports, Imports, and Balance of Advanced Technology Products 20 Exhibit 16a Exports, Imports, and Balance of Advanced Technology Products by Technology Group and Selected Countries and Areas 21 Exhibit 17 Imports of Energy-Related Petroleum Products, Including Crude Oil 22 Exhibit 18 Exports and Imports of Motor Vehicles and Parts by Selected Countries: 23 Part C: Seasonally Adjusted (by Geography) Exhibit 19 U.S. Trade in Goods by Selected Countries and Areas Census Basis 24 Information on Goods and Services A-1

6 - 1 - Part A: Seasonally Adjusted (by Commodity/Service) Period Exhibit 1. U.S. International Trade in Goods and Services In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised. Balance Exports Imports Total Goods (1) Services Total Goods (1) Services Total Goods (1) Services 2012 Jan. - Dec. -534, , ,819 2,210,585 1,561, ,346 2,745,240 2,302, ,527 Jan. - Mar. -142, ,604 50, , , , , , ,830 January -51,393-67,134 15, , ,311 52, , ,445 36,426 February -43,763-60,966 17, , ,383 53, , ,349 36,478 March -47,790-65,504 17, , ,865 54, , ,369 36,926 April -46,625-63,689 17, , ,246 54, , ,935 36,957 May -46,247-63,386 17, , ,175 54, , ,562 36,902 June -42,430-59,412 16, , ,446 53, , ,858 36,790 July -43,451-59,464 16, , ,276 53, , ,741 37,085 August -44,007-60,619 16, , ,446 53, , ,064 37,014 September -41,570-58,897 17, , ,752 54, , ,649 36,751 October -42,650-60,360 17, , ,987 54, , ,346 36,958 November -46,422-64,862 18, , ,667 55, , ,529 37,112 December -38,307-57,182 18, , ,685 56, , ,866 37,127 Jan. - Dec. -474, , ,046 2,271,385 1,589, ,721 2,746,249 2,293, ,675 Jan. - Mar. -121, ,698 56, , , , , , ,394 January -42,139-61,216 19, , ,806 55, , ,022 36,906 February -43,257-62,130 18, , ,198 55, , ,328 36,808 March -36,562-55,352 18, , ,289 55, , ,641 36,680 April -39,374-58,341 18, , ,042 56, , ,383 37,299 May -43,661-62,868 19, , ,180 56, , ,049 37,522 June -34,414-53,769 19, , ,018 57, , ,787 37,682 July -38,900-57,903 19, , ,905 56, , ,808 37,844 August -39,207-58,091 18, , ,579 57, , ,670 38,172 September -43,434-62,407 18, , ,291 56, , ,698 37,988 October -39,770-58,781 19, , ,642 57, , ,423 38,458 November -35,171-54,362 19, , ,978 57, , ,340 38,475 December -38,975-58,689 19, , ,737 58, , ,426 38,840 Jan. - Mar. -121, ,593 60, , , , , , ,042 January -39,280-59,501 20, , ,751 58, , ,253 38,487 February (R) -41,874-61,344 19, , ,384 58, , ,728 39,110 March -40,378-60,748 20, , ,096 58, , ,843 38,445 April May June July August September October November December February data as published last month: -42,300-61,733 19, , ,715 58, , ,448 39,286 (1) Data are presented on a balance of payments (BOP) basis. NOTE: For information on data sources and methodology, see the information section on page A-1 of this release or at or

7 - 2 - Part A: Seasonally Adjusted (by Commodity/Service) Month of Moving Average Exhibit 2. U.S. International Trade in Goods and Services Three-Month Moving Averages In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised. Balance Exports Imports Total Goods (1) Services Total Goods (1) Services Total Goods (1) Services 2012 January -50,175-65,503 15, , ,202 51, , ,706 36,424 February -48,835-64,824 15, , ,769 52, , ,593 36,462 March -47,649-64,535 16, , ,186 53, , ,721 36,610 April -46,060-63,386 17, , ,165 54, , ,551 36,787 May -46,887-64,193 17, , ,762 54, , ,955 36,928 June -45,101-62,162 17, , ,622 53, , ,785 36,883 July -44,043-60,754 16, , ,633 53, , ,387 36,926 August -43,296-59,832 16, , ,056 53, , ,888 36,963 September -43,010-59,660 16, , ,491 53, , ,151 36,950 October -42,742-59,959 17, , ,728 54, , ,687 36,907 November -43,547-61,373 17, , ,135 54, , ,508 36,940 December -42,459-60,801 18, , ,113 55, , ,914 37,066 January -42,289-61,087 18, , ,053 55, , ,139 37,048 February -41,234-60,176 18, , ,563 55, , ,739 36,947 March -40,653-59,566 18, , ,431 55, , ,997 36,798 April -39,731-58,608 18, , ,510 55, , ,117 36,929 May -39,866-58,854 18, , ,170 56, , ,024 37,167 June -39,150-58,326 19, , ,747 56, , ,073 37,501 July -38,992-58,180 19, , ,368 56, , ,548 37,683 August -37,507-56,588 19, , ,167 56, , ,755 37,900 September -40,514-59,467 18, , ,592 56, , ,059 38,001 October -40,804-59,760 18, , ,504 57, , ,264 38,206 November -39,458-58,517 19, , ,970 57, , ,487 38,307 December -37,972-57,278 19, , ,119 57, , ,396 38,591 January -37,809-57,518 19, , ,488 58, , ,006 38,600 February (R) -40,043-59,845 19, , ,624 58, , ,469 38,812 March -40,511-60,531 20, , ,410 58, , ,941 38,681 April May June July August September October November December (1) Data are presented on a BOP basis. NOTES: * The three-month moving averages shown in this exhibit are computed by summing the subject month and the two prior months, dividing by three, and showing the average at the end month of the period. A moving average is useful in smoothing the volatile trade data so that trends can better be discerned. * For information on data sources and methodology, see the information section on page A-1 of this release or at or

8 - 3 - Part A: Seasonally Adjusted (by Commodity/Service) Exhibit 3. U.S. Services by Major Category - Exports In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised. Period Total Services Travel Passenger Fares Other Transportation Royalties and License Fees Other Private Services Transfers Under U.S. Military Sales Contracts U.S. Government Misc. Services 2012 Jan. - Dec. 649, ,214 39,360 43, , ,527 18,520 2,688 Jan. - Mar. 160,487 30,243 9,649 11,031 31,293 73,059 4, January 52,167 9,590 3,082 3,580 10,317 23,861 1, February 53,680 10,153 3,232 3,675 10,494 24,386 1, March 54,640 10,500 3,335 3,776 10,482 24,811 1, April 54,021 10,433 3,306 3,678 10,347 24,553 1, May 54,042 10,370 3,390 3,697 10,211 24,680 1, June 53,773 10,566 3,373 3,733 10,168 24,225 1, July 53,099 10,440 3,283 3,631 10,206 23,825 1, August 53,625 10,801 3,321 3,630 10,278 23,859 1, September 54,078 10,838 3,242 3,595 10,343 24,285 1, October 54,668 10,597 3,202 3,555 10,397 25,052 1, November 55,552 10,972 3,314 3,552 10,446 25,374 1, December 56,002 10,954 3,280 3,753 10,493 25,614 1, Jan. - Dec. 681, ,569 41,145 45, , ,440 18,977 2,845 Jan. - Mar. 167,135 33,903 10,218 11,499 31,645 74,340 4, January 55,983 11,338 3,410 3,783 10,512 25,060 1, February 55,682 11,347 3,404 3,891 10,546 24,672 1, March 55,469 11,218 3,404 3,824 10,586 24,608 1, April 56,266 11,522 3,397 3,781 10,681 25,059 1, May 56,729 11,478 3,447 3,782 10,751 25,439 1, June 57,037 11,624 3,456 3,816 10,803 25,482 1, July 56,848 11,648 3,403 3,644 10,851 25,520 1, August 57,056 11,861 3,419 3,646 10,878 25,494 1, September 56,960 11,647 3,348 3,778 10,891 25,537 1, October 57,470 11,819 3,366 3,782 10,906 25,806 1, November 57,667 11,804 3,429 3,792 10,935 25,858 1, December 58,554 12,263 3,662 3,894 10,990 25,905 1, Jan. - Mar. 176,102 36,078 10,544 11,473 33,359 79,110 4, January 58,708 12,178 3,569 3,845 11,059 26,215 1, February (R) 58,580 12,024 3,439 3,827 11,124 26,323 1, March 58,814 11,876 3,536 3,801 11,176 26,571 1, April May June July August September October November December February data as published last month: 58,719 12,169 3,411 3,842 11,124 26,330 1, NOTE: For information on data sources, methodology, and details of what is included in each service category, see the information section on page A-1 of this release or at or

9 - 4 - Part A: Seasonally Adjusted (by Commodity/Service) Exhibit 4. U.S. Services by Major Category - Imports In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised. Period Total Services Travel Passenger Fares Other Transportation Royalties and License Fees Other Private Services Direct Defense Expenditures U.S. Government Misc. Services 2012 Jan. - Dec. 442,527 83,451 34,654 55,445 39, ,227 24,734 3,127 Jan. - Mar. 109,830 20,960 8,466 13,614 9,742 49,769 6, January 36,426 6,777 2,715 4,646 3,198 16,633 2, February 36,478 7,005 2,848 4,394 3,238 16,568 2, March 36,926 7,178 2,903 4,574 3,306 16,568 2, April 36,957 7,055 2,947 4,645 3,364 16,573 2, May 36,902 7,057 2,910 4,611 3,356 16,618 2, June 36,790 7,027 2,927 4,608 3,259 16,641 2, July 37,085 6,988 2,946 4,740 3,432 16,669 2, August 37,014 6,772 2,857 4,576 3,783 16,737 2, September 36,751 6,949 2,932 4,662 3,098 16,843 2, October 36,958 6,935 2,877 4,642 3,206 17,052 1, November 37,112 6,909 2,882 4,674 3,305 17,120 1, December 37,127 6,799 2,910 4,673 3,343 17,206 1, Jan. - Dec. 452,675 86,243 37,344 58,679 41, ,973 22,313 2,832 Jan. - Mar. 110,394 21,100 9,108 14,420 10,445 48,966 5, January 36,906 6,993 3,010 4,825 3,446 16,491 1, February 36,808 7,016 3,023 4,931 3,487 16,236 1, March 36,680 7,091 3,075 4,665 3,513 16,238 1, April 37,299 7,171 3,032 4,892 3,430 16,637 1, May 37,522 7,125 3,060 4,897 3,399 16,898 1, June 37,682 7,213 3,119 4,851 3,411 16,956 1, July 37,844 7,122 3,070 4,910 3,389 17,268 1, August 38,172 7,320 3,061 4,955 3,401 17,372 1, September 37,988 7,083 3,024 4,942 3,418 17,464 1, October 38,458 7,341 3,199 4,947 3,439 17,467 1, November 38,475 7,252 3,211 5,018 3,464 17,468 1, December 38,840 7,516 3,460 4,848 3,495 17,477 1, Jan. - Mar. 116,042 21,685 9,686 14,434 11,450 52,850 5, January 38,487 7,351 3,253 4,809 3,528 17,532 1, February (R) 39,110 7,210 3,257 4,736 4,334 17,594 1, March 38,445 7,124 3,176 4,889 3,588 17,725 1, April May June July August September October November December February data as published last month: 39,286 7,340 3,294 4,744 4,334 17,594 1, NOTE: For information on data sources, methodology, and details of what is included in each service category, see the information section on page A-1 of this release or at or

10 - 5 - Part A: Seasonally Adjusted (by Commodity/Service) Period Total Balance of Payments Basis Exhibit 5. U.S. Trade in Goods In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised. Balance Exports Imports Total Census Basis Total Balance of Payments Basis Net Adjustments Total Census Basis Total Balance of Payments Basis Net Adjustments Total Census Basis 2012 Jan. - Dec. -741, ,611 1,561,239 15,530 1,545,709 2,302,714 27,394 2,275,320 Jan. - Mar. -193, , ,559 4, , ,163 7, ,955 January -67,134-65, ,311 1, , ,445 2, ,923 February -60,966-60, ,383 1, , ,349 2, ,070 March -65,504-64, ,865 1, , ,369 2, ,962 April -63,689-62, ,246 1, , ,935 2, ,675 May -63,386-62, ,175 1, , ,562 2, ,298 June -59,412-58, ,446 1, , ,858 2, ,572 July -59,464-58, ,276 1, , ,741 2, ,512 August -60,619-59, ,446 1, , ,064 2, ,807 September -58,897-57, ,752 1, , ,649 2, ,359 October -60,360-59, ,987 1, , ,346 2, ,067 November -64,862-63, ,667 1, , ,529 2, ,364 December -57,182-56, ,685 1, , ,866 2, ,711 Jan. - Dec. -703, ,450 1,589,664 10,693 1,578,972 2,293,574 26,153 2,267,421 Jan. - Mar. -178, , ,293 2, , ,991 6, ,282 January -61,216-60, ,806 1, , ,022 2, ,896 February -62,130-60, , , ,328 2, ,948 March -55,352-53, , , ,641 2, ,437 April -58,341-57, , , ,383 2, ,287 May -62,868-61, , , ,049 2, ,035 June -53,769-52, , , ,787 2, ,553 July -57,903-56, , , ,808 2, ,663 August -58,091-56, ,579 1, , ,670 2, ,468 September -62,407-61, ,291 1, , ,698 2, ,598 October -58,781-57, , , ,423 2, ,295 November -54,362-53, ,978 1, , ,340 2, ,104 December -58,689-57, ,737 1, , ,426 2, ,136 Jan. - Mar. -181, , ,231 3, , ,824 7, ,041 January -59,501-58, ,751 1, , ,253 2, ,913 February (R) -61,344-59, , , ,728 2, ,865 March -60,748-59, ,096 1, , ,843 2, ,264 April May June July August September October November December February data as published last month: -61,733-59, ,715 1, , ,448 2, ,582 NOTE: For information on data sources, nonsampling errors, definitions and details concerning what is included in the Net Adjustments, see the information section on page A-1 of this release or at or

11 - 6 - Part A: Seasonally Adjusted (by Commodity/Service) Period Exhibit 6. Exports and Imports of Goods by Principal End-Use Category Total Balance of Payments Basis In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised. Net Adjustments Total Census Basis (1) Foods, Feeds, & Beverages Industrial Supplies (2) Exports End-Use Commodity Category Capital Goods Automotive Vehicles, etc. Consumer Goods Other Goods Jan. - Dec. 1,589,664 10,693 1,578, , , , , ,518 60,002 Jan. - Mar. 391,293 2, ,871 34, , ,735 36,648 45,637 15,160 January 130,806 1, ,639 11,681 41,295 44,291 12,054 15,649 4,669 February 131, ,717 11,769 42,837 43,388 12,406 15,129 5,188 March 129, ,516 10,625 42,485 43,056 12,188 14,859 5,303 April 131, ,242 10,265 41,677 43,906 12,741 16,810 4,842 May 130, ,251 10,126 40,729 44,721 13,061 15,576 5,038 June 134, ,360 10,458 42,275 46,186 12,621 16,624 5,196 July 132, ,957 10,861 43,914 44,579 12,454 15,263 4,886 August 132,579 1, ,533 10,478 42,622 44,784 13,133 15,607 4,909 September 132,291 1, ,184 11,931 41,330 44,695 13,138 15,403 4,687 October 135, ,011 12,536 43,030 44,979 12,951 16,446 5,069 November 136,978 1, ,839 12,448 43,548 45,296 13,059 15,932 5,556 December 132,737 1, ,724 12,766 42,543 44,233 12,302 15,220 4,661 Jan. - Mar. 400,231 3, ,856 36, , ,234 37,132 48,465 14,441 January 133,751 1, ,329 11,989 43,655 44,629 12,135 15,465 4,456 February (R) 131, ,435 12,000 40,977 43,746 12,201 16,652 4,860 March 135,096 1, ,091 12,098 41,865 45,859 12,796 16,348 5,126 April May June July August September October November December Imports Jan. - Dec. 2,293,574 26,153 2,267, , , , , ,820 75,166 Jan. - Mar. 569,991 6, ,282 28, , ,424 72, ,934 18,428 January 192,022 2, ,896 9,212 61,006 45,993 23,613 44,017 6,055 February 193,328 2, ,948 9,621 58,802 46,212 24,940 45,561 5,812 March 184,641 2, ,437 9,605 56,521 44,218 24,176 41,356 6,562 April 189,383 2, ,287 9,546 56,150 45,312 25,155 44,457 6,667 May 193,049 2, ,035 9,892 57,150 45,539 25,927 45,356 7,172 June 187,787 2, ,553 9,561 54,786 45,725 25,655 43,803 6,023 July 190,808 2, ,663 9,613 56,605 45,296 26,458 44,412 6,280 August 190,670 2, ,468 9,637 56,460 46,234 26,213 43,591 6,334 September 194,698 2, ,598 9,574 57,543 47,197 27,125 45,009 6,151 October 194,423 2, ,295 9,824 58,115 46,887 26,139 44,873 6,457 November 191,340 2, ,104 9,590 53,874 47,788 27,167 45,040 5,645 December 191,426 2, ,136 9,467 54,387 47,610 26,317 45,346 6,010 Jan. - Mar. 581,824 7, ,041 29, , ,719 76, ,291 18,357 January 193,253 2, ,913 9,661 58,201 47,772 24,882 44,571 5,826 February (R) 192,728 2, ,865 9,590 57,798 46,548 25,791 44,282 5,855 March 195,843 2, ,264 10,622 57,318 47,399 25,811 45,439 6,675 April May June July August September October November December (1) Detailed data are presented on a Census basis. The information needed to convert to a BOP basis is not available. (2) Includes petroleum and petroleum products. NOTE: For information on data sources, nonsampling errors and definitions, see the information section on page A-1 of this release or at or

12 - 7 - Part A: Seasonally Adjusted (by Commodity/Service) Exhibit 7. Exports of Goods by End-Use Category and Commodity In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. The commodities in this exhibit are ranked on the monthly change within each major commodity grouping. (-) Represents zero or less than one-half of measurement shown. (R) - Revised. Item (1) March February Monthly Year-to-Date Year-to-Date Year-to-Date (R) Change Change Total, Balance of Payments Basis 135, ,384 3, , ,293 8,938 Net Adjustments 1, ,375 2, Total, Census Basis 134, ,435 3, , ,871 7,984 Foods, feeds, and beverages 12,098 12, ,087 34,075 2,012 Corn 1, ,804 1,800 1,004 Dairy products and eggs ,661 1, Animal feeds, n.e.c ,356 2, Meat, poultry, etc. 1,670 1, ,868 4, Nuts ,029 2, Fish and shellfish ,482 1, Wine, beer, and related products Nonagricultural foods, etc Other foods 1,147 1, ,350 3, Alcoholic beverages, excluding wine Bakery products ,635 1, Vegetables ,737 1, Fruits, frozen juices ,306 2, Oilseeds, food oils Rice Sorghum, barley, oats Wheat ,029 2, Soybeans 1,812 2, ,671 6, Industrial supplies and materials 41,865 40, , , Fuel oil 4,955 4, ,311 12,391 1,920 Gas-natural 1, ,147 1, Chemicals-organic 2,618 2, ,596 9,137-1,542 Plastic materials 3,105 2, ,295 9, Chemicals-other 2,565 2, ,526 7, Crude oil ,149 1,052 1,097 Agric. industry-unmanufactured ,411 1, Other industrial supplies 2,165 2, ,336 6, Metallurgical grade coal ,789 2, Iron and steel mill products ,749 2, Manmade cloth ,813 1, Aluminum and alumina ,146 2, Finished metal shapes 1,738 1, ,137 5, Steelmaking materials ,267 3,305-1,038 Shingles, molding, wallboard ,173 1, Natural gas liquids ,504 1,108 1,396 Agriculture-manufactured, other Copper ,053 2,057-4 Mineral supplies-manufactured ,481 1, Newsprint 1,127 1, ,353 3,359-6 Coal and fuels, other ,921 1, Tobacco, unmanufactured Iron and steel products, other ,858 1, Finished textile supplies Glass-plate, sheet, etc Nontextile floor tiles Synthetic rubber-primary ,028 1,037-9 Wood supplies, manufactured Cotton fiber cloth Hair, waste materials Nonmetallic minerals Tapes, audio and visual Industrial rubber products ,268 1, Leather and furs Pulpwood and woodpulp ,237 2, Chemicals-inorganic ,274 2, Precious metals, other ,953 2, Electric energy Agric. farming-unmanufactured Hides and skins Chemicals-fertilizers ,399 2, Cotton, raw ,236 1, Logs and lumber ,771 1, Nonferrous metals, other ,024 1, Nuclear fuel materials Petroleum products, other 4,849 5, ,854 15, Nonmonetary gold 1,504 2, ,052 11,131-4,080

13 - 8 - Part A: Seasonally Adjusted (by Commodity/Service) Exhibit 7. Exports of Goods by End-Use Category and Commodity In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. The commodities in this exhibit are ranked on the monthly change within each major commodity grouping. (-) Represents zero or less than one-half of measurement shown. (R) - Revised. Item (1) March February Monthly Year-to-Date Year-to-Date Year-to-Date (R) Change Change Capital goods, except automotive 45,859 43,746 2, , ,735 3,500 Civilian aircraft 4,693 3,431 1,261 12,461 11, Engines-civilian aircraft 2,706 2, ,748 7, Generators, accessories 1,253 1, ,418 3, Industrial engines 2,444 2, ,967 7, Industrial machines, other 4,648 4, ,673 11,600 2,073 Drilling & oilfield equipment 1, ,012 3, Semiconductors 3,707 3, ,891 10, Vessels, excluding scrap Marine engines, parts Parts-civilian aircraft 1,801 1, ,387 5, Materials handling equipment 1,319 1, ,786 4, Computer accessories 2,703 2, ,257 7, Agricultural machinery, equipment ,146 2, Business machines and equipment Medicinal equipment 2,907 2, ,663 8, Metalworking machine tools ,739 1, Food, tobacco machinery Specialized mining Railway transportation equipment , Spacecraft, excluding military Textile, sewing machines Telecommunications equipment 3,406 3, ,238 9, Nonfarm tractors and parts Commercial vessels, other Laboratory testing instruments ,722 2, Excavating machinery 1,098 1, ,260 3, Photo, service industry machinery ,643 2, Wood, glass, plastic , Pulp and paper machinery Electric apparatus 3,405 3, ,248 10, Measuring, testing, control instruments 2,069 2, ,364 6, Computers 1,394 1, ,371 4, Automotive vehicles, parts, and engines 12,796 12, ,132 36, Consumer goods 16,348 16, ,465 45,637 2,828 Pharmaceutical preparations 4,002 4, ,269 11, Cell phones and other household goods, n.e.c. 1,829 1, ,999 5, Other consumer nondurables ,892 1, Televisions and video equipment ,084 1, Musical instruments Books, printed matter ,274 1, Toys, games, and sporting goods ,546 2, Artwork, antiques, stamps, etc ,532 1, Sports apparel and gear Nursery stock, etc Numismatic coins Cookware, cutlery, tools Glassware, chinaware Apparel, household goods-textile ,695 1, Tobacco, manufactured Stereo equipment, etc Pleasure boats and motors Apparel, household goods-nontextile Rugs Recorded media Furniture, household goods, etc ,209 1, Household appliances ,898 1, Gem diamonds 2,042 1, ,556 4, Jewelry, etc. 1,257 1, ,266 2, Toiletries and cosmetics 1, ,860 2, Other goods 5,126 4, ,441 15, (1) Detailed data are presented on a Census basis. The information needed to convert to a BOP basis is not available. NOTE: For information on data sources, nonsampling errors and definitions, see the information section on page A-1 of this release or at or

14 - 9 - Part A: Seasonally Adjusted (by Commodity/Service) Exhibit 8. Imports of Goods by End-Use Category and Commodity In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. The commodities in this exhibit are ranked on the monthly change within each major commodity grouping. (-) Represents zero or less than one-half of measurement shown. (R) - Revised. Item (1) March February Monthly Year-to-Date Year-to-Date Year-to-Date (R) Change Change Total, Balance of Payments Basis 195, ,728 3, , ,991 11,833 Net Adjustments 2,580 2, ,782 6,709 1,073 Total, Census Basis 193, ,865 3, , ,282 10,760 Foods, feeds, and beverages 10,622 9,590 1,032 29,873 28,438 1,435 Fish and shellfish 1,886 1, ,259 4,185 1,074 Food oils, oilseeds ,619 1, Feedstuff and foodgrains ,575 1, Other foods 1, ,150 3,145 4 Green coffee , Alcoholic beverages, excluding wine ,624 1, Meat products ,410 2, Cane and beet sugar Wine, beer, and related products ,351 2, Bakery products ,271 2,269 2 Tea, spices, etc Vegetables ,630 2, Nuts Dairy products and eggs Nonagricultural foods, etc Cocoa beans Fruits, frozen juices 1,182 1, ,527 3, Industrial supplies and materials 57,318 57, , ,329-3,012 Crude oil 21,467 23,603-2,135 69,460 70, Liquefied petroleum gases ,500 1, Steelmaking materials ,251 1, Iron and steel mill products 1,866 1, ,745 4,497 1,247 Chemicals-organic 2,308 2, ,066 6, Electric energy Tobacco, waxes, etc ,185 2, Gas-natural 1,268 1, ,556 2, Nuclear fuel materials Iron and steel products, n.e.c ,371 2, Stone, sand, cement, etc ,266 1, Plywood and veneers Glass-plate, sheet, etc Blank tapes, audio & visual Tin Sulfur, nonmetallic minerals Finished textile supplies ,180 1, Nontextile floor tiles Chemicals-inorganic ,848 1, Iron and steel, advanced ,449 2, Zinc (-) Materials, excluding chemicals (-) Cotton cloth, fabrics Natural rubber Newsprint Leather and furs Farming materials, livestock Wool, silk, etc Cotton, natural fibers Lumber ,401 1, Pulpwood and woodpulp Hides and skins Synthetic cloth ,537 1, Hair, waste materials Nonferrous metals, other ,098 1, Bauxite and aluminum ,512 2, Shingles, wallboard ,267 2, Synthetic rubber-primary Nickel Copper ,116 2,122-1,006 Paper and paper products ,832 1, Coal and related fuels Plastic materials 1,416 1, ,217 3, Industrial supplies, other 2,546 2, ,476 7, Chemicals-other, n.e.c. 1, ,970 2, Finished metal shapes 1,592 1, ,550 4, Other precious metals ,689 3, Nonmonetary gold 1,267 1, ,521 4, Chemicals-fertilizers 1,317 1, ,404 4, Fuel oil 4,134 3, ,173 11, Petroleum products, other 3,996 3, ,636 13,376-2,740

15 Part A: Seasonally Adjusted (by Commodity/Service) Exhibit 8. Imports of Goods by End-Use Category and Commodity In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. The commodities in this exhibit are ranked on the monthly change within each major commodity grouping. (-) Represents zero or less than one-half of measurement shown. (R) - Revised. Item (1) March February Monthly Year-to-Date Year-to-Date Year-to-Date (R) Change Change Capital goods, except automotive 47,399 46, , ,424 5,295 Semiconductors 3,692 3, ,206 9, Civilian aircraft 1,663 1, ,893 2, Industrial machines, other 4,394 4, ,770 11,672 1,098 Electric apparatus 4,023 3, ,801 11, Medicinal equipment 2,864 2, ,295 8, Parts-civilian aircraft 1,496 1, ,353 3, Engines-civilian aircraft 1,655 1, ,433 4, Computer accessories 4,613 4, ,087 13, Measuring, testing, control instruments 1,674 1, ,949 4, Generators, accessories 1,918 1, ,765 5, Metalworking machine tools ,734 2, Railway transportation equipment Food, tobacco machinery Agricultural machinery, equipment ,649 2, Industrial engines 1,927 1, ,751 5, Textile, sewing machines Marine engines, parts Commercial vessels, other Materials handling equipment 1,171 1, ,664 3, Spacecraft, excluding military Nonfarm tractors and parts (-) Vessels, except scrap (-) (-) Pulp and paper machinery ,170 1, Business machines and equipment ,230 1, Specialized mining Drilling & oilfield equipment ,009 2, Photo, service industry machinery 1,437 1, ,343 4, Excavating machinery ,627 2, Laboratory testing instruments ,382 1, Wood, glass, plastic ,858 1, Telecommunications equipment 4,551 4, ,080 13, Computers 4,283 4, ,779 16,524-1,744 Automotive vehicles, parts, and engines 25,811 25, ,485 72,729 3,756 Consumer goods 45,439 44,282 1, , ,934 3,357 Cell phones and other household goods, n.e.c. 7,460 6,383 1,076 20,348 20, Pharmaceutical preparations 7,470 7, ,490 21, Gem diamonds 2,064 1, ,864 5, Gem stones, other Motorcycles and parts Apparel, textiles, nonwool or cotton 3,788 3, ,111 10, Other consumer nondurables 1,210 1, ,487 3, Toiletries and cosmetics ,512 2, Jewelry 1,133 1, ,464 3, Camping apparel and gear ,551 2, Books, printed matter Televisions and video equipment 2,313 2, ,080 7, Rugs Recorded media Furniture, household goods, etc. 2,329 2, ,144 6, Pleasure boats and motors Musical instruments Glassware, chinaware Apparel, household goods-cotton 4,153 4, ,307 12, Apparel, household goods-wool Nursery stock, etc Apparel, household goods-nontextile ,367 2, Numismatic coins Stereo equipment, etc ,693 1, Artwork, antiques, stamps, etc ,730 2, Cookware, cutlery, tools ,148 2, Photo equipment , Household appliances 1,953 2, ,121 5, Toys, games, and sporting goods 2,867 3, ,989 8, Footwear 1,589 1, ,117 5, Other goods 6,675 5, ,357 18, (1) Detailed data are presented on a Census basis. The information needed to convert to a BOP basis is not available. NOTE: For information on data sources, nonsampling errors and definitions, see the information section on page A-1 of this release or at or

16 Part A: Seasonally Adjusted (by Commodity/Service) Exhibit 9. Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use Category Totals Period Total In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised. Net Adjustments Balance Exports Imports Petroleum (1) Total Net Adjustments Petroleum (1) Total Net Adjustments Petroleum (1) Nonpetroleum Nonpetroleum Nonpetroleum Jan. - Dec. -703,910-15, , ,234 1,589,664 10, ,153 1,441,819 2,293,574 26, ,369 1,898,052 Jan. - Mar. -178,698-4,288-66, , ,293 2,422 29, , ,991 6,709 96, ,969 January -61, ,318-35, ,806 1,167 9, , ,022 2,126 34, ,884 February -62,130-1,899-21,653-38, , , , ,328 2,380 32, ,752 March -55,352-1,430-20,500-33, , , , ,641 2,203 30, ,334 April -58,341-1,296-19,769-37, , , , ,383 2,096 29, ,643 May -62,868-1,084-20,817-40, , , , ,049 2,013 30, ,105 June -53,769-1,575-17,507-34, , , , ,787 2,234 29, ,496 July -57,903-1,197-18,693-38, , , , ,808 2,145 31, ,517 August -58,091-1,156-18,679-38, ,579 1,046 12, , ,670 2,202 30, ,608 September -62, ,919-41, ,291 1,107 11, , ,698 2,100 31, ,890 October -58,781-1,498-19,516-37, , , , ,423 2,129 32, ,193 November -54,362-1,097-15,321-37, ,978 1,139 13, , ,340 2,236 28, ,597 December -58,689-1,278-15,524-41, ,737 1,013 13, , ,426 2,290 29, ,033 Jan. - Mar. -181,593-4,407-57, , ,231 3,375 34, , ,824 7,782 92, ,274 January -59, ,339-39, ,751 1,423 12, , ,253 2,340 31, ,234 February (R) -61,344-1,915-20,008-39, , , , ,728 2,863 31, ,786 March -60,748-1,575-18,603-40, ,096 1,004 11, , ,843 2,580 30, ,254 April May June July August September October November December (1) The petroleum products aggregated in the end-use commodity classification system include virtually the same energy-related petroleum products as those aggregated in the Standard International Trade Classification (SITC). The end-use petroleum products, however, include some products such as ethane, butane, benzene, and toluene which are included in "Manufactured Goods" in the SITC. NOTE: For information on data sources, nonsampling errors, definitions and details concerning what is included in the Net Adjustments, see the information section on page A-1 of this release or at or