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, MARCH 11, 2008 For information on goods contact: For information on services contact: U.S. Census Bureau: U.S. Bureau of Economic Analysis: Nick Orsini Technical: Christopher Bach Maria Iseman Media: Ralph Stewart CB08-42, BEA08-08, FT-900 (08-01) U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES January 2008 Goods and Services The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total January exports of $148.2 billion and imports of $206.4 billion resulted in a goods and services deficit of $58.2 billion, up from $57.9 billion in December, revised. January exports were $2.4 billion more than December exports of $145.9 billion. January imports were $2.7 billion more than December imports of $203.7 billion. In January, the goods deficit increased $0.7 billion from December to $68.7 billion, and the services surplus increased $0.4 billion to $10.5 billion. Exports of goods increased $1.6 billion to $104.5 billion, and imports of goods increased $2.4 billion to $173.3 billion. Exports of services increased $0.8 billion to $43.7 billion, and imports of services increased $0.4 billion to $33.1 billion. In January, the goods and services deficit was up $0.8 billion from January Exports were up $21.1 billion, or 16.6 percent, and imports were up $21.9 billion, or 11.9 percent. Goods The December to January change in exports of goods reflected increases in industrial supplies and materials ($0.8 billion); foods, feeds, and beverages ($0.6 billion); and consumer goods ($0.5 billion). A decrease occurred in capital goods ($0.5 billion). Other goods and automotive vehicles, parts, and engines were virtually unchanged. The December to January change in imports of goods reflected increases in industrial supplies and materials ($3.8 billion); foods, feeds, and beverages ($0.3 billion); and automotive vehicles, parts, and engines ($0.2 billion). Decreases occurred in consumer goods ($1.7 billion) and capital goods ($0.2 billion). Other goods were virtually unchanged. NOTE: Total goods data are reported on a Balance of Payments basis; commodity and country detail data for goods are on a Census basis. For information on data sources and definitions, see the information section on page 29 of this release, or at or The next FT-900 release is April 10, 2008.

2 2 The January 2007 to January 2008 change in exports of goods reflected increases in industrial supplies and materials ($5.9 billion); capital goods ($2.8 billion); foods, feeds, and beverages ($2.6 billion); consumer goods ($1.5 billion); and automotive vehicles, parts, and engines ($1.2 billion). A decrease occurred in other goods ($0.1 billion). The January 2007 to January 2008 change in imports of goods reflected increases in industrial supplies and materials ($15.6 billion); capital goods ($1.1 billion); foods, feeds, and beverages ($0.5 billion); other goods ($0.3 billion); consumer goods ($0.3 billion); and automotive vehicles, parts, and engines ($0.2 billion). Services Services exports increased $0.8 billion from December to January. The largest increases were in other private services (which includes items such as business, professional, and technical services, insurance services, and financial services) and transfers under U.S. military sales contracts. Changes in other categories of services exports were small. Services imports increased $0.4 billion from December to January. The largest increases were in other private services, other transportation (which includes freight and port services), and passenger fares. Changes in other categories of services imports were small. From January 2007 to January 2008, services exports increased $6.7 billion. The largest increases were in other private services ($2.8 billion), travel ($1.9 billion), and royalties and license fees ($0.8 billion). From January 2007 to January 2008, services imports increased $3.7 billion. The largest increases were in other private services ($2.0 billion) and passenger fares ($0.5 billion). Goods and Services Moving Average For the three months ending in January, exports of goods and services averaged $145.9 billion, while imports of goods and services averaged $205.4 billion, resulting in an average trade deficit of $59.5 billion. For the three months ending in December, the average trade deficit was $59.3 billion, reflecting average exports of $144.1 billion and average imports of $203.4 billion. Selected Not Seasonally Adjusted Goods Details The January figures showed surpluses, in billions of dollars, with Hong Kong $0.9 ($1.1 for December), Australia $0.6 ($0.9), Singapore $0.5 ($1.0), and Egypt $0.3 ($0.3). Deficits were recorded, in billions of dollars, with China $20.3 ($18.8), OPEC $15.5 ($12.6), Europe $7.4 ($9.2), Japan $6.6 ($6.6), the European Union $6.1 ($7.8), Canada $5.9 ($4.7), Mexico $5.1 ($6.5), Venezuela $3.4 ($3.7), Nigeria $3.4 ($3.4), Korea $1.2 ($0.4), and Taiwan $1.0 ($0.3). Advanced technology products (ATP) exports were $22.1 billion in January and imports were $25.6 billion, resulting in a deficit of $3.5 billion. January exports were $2.7 billion less than the $24.8 billion in December, while imports were $2.0 billion less than the $27.6 billion in December. Revisions Goods carry-over in January was $0.2 billion (0.2 percent) for exports and 0.8 billion (0.5 percent) for imports. For December, revised export carry-over was $0.3 billion (0.3 percent). For December, revised import carry-over was $0.3 billion (0.2 percent), revised down from $1.1 billion (0.7 percent). Goods and services exports and imports for all months in 2007 were revised in order to align the seasonally adjusted monthly estimates with the annual totals. Services exports and imports for July through December 2007 reflect the incorporation of more comprehensive and revised quarterly and monthly data. For services exports, the largest revisions over the entire period were in other private services and royalties and license fees. For services imports, the largest revisions over the entire period were in other private services and other transportation. Services exports for December were revised up $1.7 billion to $42.9 billion. The revision was mostly accounted for by an upward revision in other private services. Services imports for December were revised up $1.0 billion to $32.8 billion. The revision was mostly accounted for by an upward revision in other private services. Scheduled release dates through February 2009 are located on page 33

3 TABLE OF CONTENTS Seasonally Adjusted Exhibit 1 U.S. International Trade in Goods and Services Exhibit 2 U.S. International Trade in Goods and Services Three-month Moving Averages Exhibit 3 U.S. Services by Major Category Exports Exhibit 4 U.S. Services by Major Category Imports Exhibit 5 U.S. Trade in Goods Exhibit 6 Exports and Imports of Goods by Principal End-Use Category Exhibit 7 Exports of Goods by End-Use Category and Commodity Exhibit 8 Imports of Goods by End-Use Category and Commodity Exhibit 9 Exhibit 10 Exhibit 11 Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use Category Totals Real Exports and Imports of Goods by Principal End-Use Category (2000 Chainweighted dollars) Real Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use Commodity Category Totals (2000 Chain-weighted dollars) Not Seasonally Adjusted Exhibit 12 U.S. Trade in Goods Exhibit 13 Exports and Imports of Goods by Principal End-Use Category Exhibit 14 Exports, Imports, and Balance of Goods by Selected Countries and Areas Exhibit 15 Exports and Imports of Goods by Principal SITC Commodities Exhibit 16 Exports, Imports, and Balance of Advanced Technology Products Exhibit 16a Exports, Imports, and Balance of Advanced Technology Products by Technology Group and Selected Countries and Areas Exhibit 17 Imports of Energy-Related Petroleum Products, Including Crude Oil Exhibit 18 Exports and Imports of Motor Vehicles and Parts by Selected Countries Information on Goods and Services

4 Notice Change to FT-900 Exhibit 18 Effective with this release, Exhibit 18 Exports and Imports of Motor Vehicles and Parts by Selected Countries is revised. The composition of the three product groups is aligned to better match the Bureau of Economic Analysis End-Use classification. New headings read: Passenger Cars; Trucks, Buses, Special Purpose Vehicles; and Parts. Changes to Country Groupings and Areas Effective with this release, country groupings and areas are revised to reflect changes for the Euro area and OPEC as specified below. Euro Area Cyprus and Malta are added to the Euro area in exhibit 14 of the FT-900 report and exhibit 6 of the FT-900 supplement. These changes are reflected in the January 2008 statistics. The statistics for prior time periods remain unchanged. OPEC In December 2007, Ecuador was reinstated as a member of OPEC. Ecuador is added to OPEC in exhibit 14 of the FT-900 report and exhibits 3 and 6 of the FT-900 supplement. These changes are reflected in the December 2007 and the January 2008 statistics. The statistics for prior time periods remain unchanged.

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6 6 Part A: Seasonally Adjusted 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 2006 Jan.- Dec. -758, ,271 79,749 1,445,703 1,023, ,594 2,204,225 1,861, ,845 Jan.- -65,158-71,564 6, ,578 80,598 33, , ,162 27,574 January -65,158-71,564 6, ,578 80,598 33, , ,162 27,574 February -62,377-67,900 5, ,551 80,913 33, , ,813 28,115 March -62,178-68,293 6, ,507 82,369 34, , ,662 28,023 April -62,336-68,598 6, ,733 82,317 34, , ,915 28,154 May -65,714-72,035 6, ,816 83,882 34, , ,917 28,613 June -64,527-70,643 6, ,026 86,259 34, , ,902 28,651 July -67,554-73,733 6, ,903 85,061 34, , ,794 28,663 August -67,606-74,272 6, ,612 87,375 35, , ,647 28,571 September -64,149-70,894 6, ,353 87,849 35, , ,743 28,759 October -58,165-65,492 7, ,611 88,203 36, , ,696 29,081 November -58,455-66,256 7, ,920 88,788 37, , ,044 29,331 December -60,306-68,590 8, ,092 89,495 37, , ,085 29, Jan.- Dec. (R) -708, , ,854 1,628,358 1,149, ,150 2,336,873 1,964, ,296 Jan.- (R) -57,356-64,906 7, ,173 90,215 36, , ,122 29,408 January (R) -57,356-64,906 7, ,173 90,215 36, , ,122 29,408 February (R) -58,228-65,782 7, ,266 88,293 36, , ,075 29,419 March (R) -63,035-71,024 7, ,556 90,780 37, , ,804 29,787 April (R) -59,213-67,627 8, ,077 90,658 38, , ,285 30,005 May (R) -60,274-68,765 8, ,306 93,168 39, , ,934 30,647 June (R) -59,983-68,667 8, ,981 94,685 39, , ,352 30,612 July (R) -58,895-68,051 9, ,512 98,335 40, , ,386 31,021 August (R) -56,729-66,365 9, ,944 98,700 41, , ,065 31,608 September (R) -56,945-66,131 9, , ,083 41, , ,214 31,977 October (R) -57,586-67,223 9, , ,574 42, , ,797 32,543 November (R) -62,409-72,829 10, , ,772 42, , ,602 32,494 December (R) -57,856-67,999 10, , ,943 42, , ,942 32, Jan.- -58,200-68,744 10, , ,550 43, , ,294 33,139 January -58,200-68,744 10, , ,550 43, , ,294 33,139 February March April May June July August September October November December December data as published last month: -58,759-68,227 9, , ,078 41, , ,305 31,778 NOTE: (1) Data presented on a Balance of Payments (BOP) basis. For information on data sources and methodology, see the information section on page 29 of this release, or at or

7 7 Part A: Seasonally Adjusted Exhibit 2. U.S. International Trade in Goods and Services Three-month Moving Averages (R) - Revised. Month of Balance Exports Imports Moving Average Total Goods (1) Services Total Goods (1) Services Total Goods (1) Services 2006 January -64,729-71,026 6, ,871 79,181 33, , ,207 27,394 February -63,961-70,086 6, ,189 80,363 33, , ,449 27,701 March -63,237-69,252 6, ,212 81,293 33, , ,546 27,904 April -62,297-68,264 5, ,930 81,866 34, , ,130 28,097 May -63,409-69,642 6, ,352 82,856 34, , ,498 28,263 June -64,192-70,425 6, ,858 84,153 34, , ,578 28,473 July -65,932-72,137 6, ,915 85,067 34, , ,205 28,642 August -66,563-72,883 6, ,180 86,232 34, , ,114 28,628 September -66,436-72,966 6, ,956 86,762 35, , ,728 28,664 October -63,307-70,219 6, ,525 87,809 35, , ,028 28,804 November -60,256-67,547 7, ,628 88,280 36, , ,828 29,057 December -58,975-66,779 7, ,874 88,829 37, , ,608 29, January (R) -58,706-66,584 7, ,728 89,499 37, , ,084 29,351 February (R) -58,630-66,426 7, ,510 89,334 37, , ,761 29,380 March (R) -59,540-67,237 7, ,999 89,763 37, , ,000 29,538 April (R) -60,158-68,144 7, ,633 89,910 37, , ,054 29,737 May (R) -60,841-69,139 8, ,980 91,535 38, , ,674 30,146 June (R) -59,823-68,353 8, ,788 92,837 38, , ,190 30,421 July (R) -59,717-68,494 8, ,933 95,396 39, , ,891 30,760 August (R) -58,536-67,694 9, ,479 97,240 40, , ,934 31,080 September (R) -57,523-66,849 9, ,901 99,039 40, , ,888 31,535 October (R) -57,086-66,573 9, ,315 99,786 41, , ,358 32,043 November (R) -58,980-68,728 9, , ,477 42, , ,204 32,338 December (R) -59,284-69,350 10, , ,430 42, , ,780 32, January -59,489-69,858 10, , ,755 43, , ,613 32,802 February March April May June July August September October November December (1) Data presented on a Balance of Payments (BOP) basis. For information on data sources and methodology, see the information section on page 29 of this release, or at or NOTE: The three-month moving averages shown in this exhibit are computed by summing the subject month, 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.

8 8 Part A: Seasonally Adjusted Period Total Services Travel 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. Passenger Fares Other Transportation Royalties and License Fees Other Private Services Transfers Under U.S. Military Sales Contracts U.S. Government Misc. Services 2006 Jan. - Dec. 422,594 85,694 22,187 46,297 62, ,771 17,112 1,155 Jan.- 33,980 7,091 1,867 3,650 4,980 14,756 1, January 33,980 7,091 1,867 3,650 4,980 14,756 1, February 33,638 6,836 1,739 3,611 4,967 14,853 1, March 34,138 6,918 1,791 3,777 4,976 15,136 1, April 34,416 7,035 1,769 3,928 5,017 15,172 1, May 34,934 7,169 1,790 3,898 5,061 15,485 1, June 34,767 7,008 1,769 3,928 5,117 15,497 1, July 34,842 7,194 1,893 3,820 5,201 15,277 1, August 35,237 7,155 1,887 4,024 5,272 15,427 1, September 35,504 7,178 1,916 3,872 5,342 15,729 1, October 36,408 7,247 1,898 3,857 5,437 16,532 1, November 37,132 7,378 1,927 3,956 5,488 16,853 1, December 37,597 7,485 1,940 3,976 5,519 17,056 1, Jan.- Dec. (R) 479,150 97,097 25,329 51,854 71, ,609 15,706 1,210 Jan.- (R) 36,958 7,210 1,893 4,008 5,526 16,757 1, January (R) 36,958 7,210 1,893 4,008 5,526 16,757 1, February (R) 36,973 7,200 1,907 3,978 5,547 16,812 1, March (R) 37,776 7,467 1,972 4,158 5,572 17,145 1, April (R) 38,419 7,559 2,013 4,181 5,779 17,505 1, May (R) 39,138 7,753 2,058 4,250 5,866 17,718 1, June (R) 39,296 7,852 2,061 4,246 5,924 17,850 1, July (R) 40,177 8,175 2,128 4,326 6,061 18,077 1, August (R) 41,244 8,549 2,176 4,391 6,133 18,618 1, September (R) 41,163 8,487 2,246 4,367 6,190 18,514 1, October (R) 42,180 8,852 2,251 4,531 6,208 19,054 1, November (R) 42,914 8,980 2,265 4,746 6,236 19,255 1, December (R) 42,916 9,013 2,358 4,672 6,303 19,307 1, Jan.- 43,683 9,083 2,415 4,740 6,374 19,598 1, January 43,683 9,083 2,415 4,740 6,374 19,598 1, February March April May June July August September October November December NOTE: For information on data sources, methodology, and details of what is included in each service category, see the information section on page 29 of this release, or at or

9 9 Part A: Seasonally Adjusted 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 2006 Jan.-Dec. 342,845 72,029 27,503 65,282 26, ,524 31,054 4,021 Jan.- 27,574 5,847 2,211 5,374 2,067 9,183 2, January 27,574 5,847 2,211 5,374 2,067 9,183 2, February 28,115 5,796 2,269 5,234 2,619 9,287 2, March 28,023 5,939 2,268 5,417 2,081 9,398 2, April 28,154 6,008 2,287 5,364 2,109 9,483 2, May 28,613 6,097 2,325 5,544 2,119 9,613 2, June 28,651 5,972 2,315 5,493 2,304 9,632 2, July 28,663 6,062 2,308 5,450 2,254 9,580 2, August 28,571 5,938 2,286 5,541 2,111 9,683 2, September 28,759 6,015 2,295 5,500 2,133 9,825 2, October 29,081 6,069 2,277 5,511 2,189 10,163 2, November 29,331 6,113 2,323 5,522 2,214 10,306 2, December 29,313 6,173 2,339 5,332 2,233 10,373 2, Jan.- Dec. (R) 372,296 76,426 28,574 67,094 27, ,285 32,811 4,182 Jan.- (R) 29,408 6,168 2,213 5,506 2,260 10,307 2, January (R) 29,408 6,168 2,213 5,506 2,260 10,307 2, February (R) 29,419 6,147 2,244 5,418 2,271 10,356 2, March (R) 29,787 6,288 2,312 5,457 2,279 10,448 2, April (R) 30,005 6,152 2,239 5,421 2,284 10,884 2, May (R) 30,647 6,294 2,333 5,648 2,300 11,035 2, June (R) 30,612 6,343 2,349 5,503 2,314 11,056 2, July (R) 31,021 6,297 2,376 5,572 2,322 11,450 2, August (R) 31,608 6,432 2,452 5,670 2,338 11,667 2, September (R) 31,977 6,615 2,470 5,632 2,355 11,753 2, October (R) 32,543 6,698 2,488 5,743 2,382 12,007 2, November (R) 32,494 6,434 2,490 5,793 2,401 12,122 2, December (R) 32,773 6,558 2,608 5,731 2,418 12,198 2, Jan.- 33,139 6,600 2,678 5,814 2,433 12,321 2, January 33,139 6,600 2,678 5,814 2,433 12,321 2, February March April May June July August September October November December NOTE: For information on data sources, methodology, and details of what is included in each service category, see the information section on page 29 of this release, or at or

10 10 Part A: Seasonally Adjusted 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 Ajustments Total Census Basis Total Balance of Payments Basis Net Ajustments Total Census Basis 2006 Jan.- Dec. -838, ,304 1,023,109-13,525 1,036,635 1,861,380 7,442 1,853,938 Jan.- -71,564-70,035 80, , , ,464 January -71,564-70,035 80, , , ,464 February -67,900-66,434 80, , , ,246 March -68,293-66,714 82, , , ,989 April -68,598-67,106 82, , , ,353 May -72,035-70,421 83,882-1,025 84, , ,328 June -70,643-69,103 86, , , ,335 July -73,733-72,002 85,061-1,102 86, , ,165 August -74,272-72,359 87,375-1,213 88, , ,947 September -70,894-69,005 87,849-1,284 89, , ,137 October -65,492-63,552 88,203-1,283 89, , ,038 November -66,256-64,019 88,788-1,610 90, , ,417 December -68,590-66,555 89,495-1,470 90, , , Jan.- Dec. (R) -815, ,114 1,149,208-13,976 1,163,183 1,964,577 11,280 1,953,297 Jan.- (R) -64,906-63,079 90,215-1,248 91, , ,542 January (R) -64,906-63,079 90,215-1,248 91, , ,542 February (R) -65,782-64,235 88,293-1,014 89, , ,542 March (R) -71,024-68,171 90,780-1,372 92, ,804 1, ,323 April (R) -67,627-65,130 90,658-1,299 91, ,285 1, ,087 May (R) -68,765-66,321 93,168-1,246 94, ,934 1, ,736 June (R) -68,667-66,895 94,685-1,097 95, , ,676 July (R) -68,051-65,770 98,335-1,173 99, ,386 1, ,278 August (R) -66,365-64,268 98,700-1,078 99, ,065 1, ,046 September (R) -66,131-64, , , ,214 1, ,111 October (R) -67,223-65, ,574-1, , , ,852 November (R) -72,829-70, ,772-1, , , ,960 December (R) -67,999-66, ,943-1, , , , Jan.- -68,744-67, , , , ,484 January -68,744-67, , , , ,484 February March April May June July August September October November December December data as published last month: -68,227-66, ,078-1, , , ,506 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 29 of this release, or at or

11 11 Part A: Seasonally Adjusted Exhibit 6. Exports and Imports of Goods by Principal End-Use Category In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised. Period Total Balance of Payments Basis Net Adjustments Total Census Basis (1) Foods, Feeds, & Beverages Industrial Supplies (2) End-Use Commodity Category Capital Goods Automotive Vehicles, etc. Consumer Goods Other Goods Exports 2007 Jan.- Dec. (R) 1,149,208-13,976 1,163,183 84, , , , ,389 50,166 Jan.- (R) 90,215-1,248 91,463 5,981 23,699 36,834 8,903 11,858 4,188 January (R) 90,215-1,248 91,463 5,981 23,699 36,834 8,903 11,858 4,188 February (R) 88,293-1,014 89,308 6,304 23,581 34,718 9,071 11,495 4,138 March (R) 90,780-1,372 92,152 5,958 24,671 35,140 9,882 11,813 4,688 April (R) 90,658-1,299 91,957 6,543 24,998 34,511 9,815 11,952 4,138 May (R) 93,168-1,246 94,415 6,577 25,712 36,427 9,777 12,024 3,899 June (R) 94,685-1,097 95,781 6,567 26,869 36,523 9,894 11,849 4,079 July (R) 98,335-1,173 99,508 6,887 26,420 38,412 11,333 12,356 4,100 August (R) 98,700-1,078 99,778 7,435 27,181 38,186 10,380 12,521 4,075 September (R) 100, ,987 8,280 27,891 37,788 10,450 12,848 3,729 October (R) 100,574-1, ,620 7,676 27,698 39,070 10,451 12,447 4,278 November 100,772-1, ,205 8,067 27,958 38,205 10,921 12,331 4,723 December (R) 102,943-1, ,009 7,954 28,838 40,131 10,062 12,894 4, Jan.- 104, ,346 8,555 29,643 39,617 10,054 13,384 4,094 January 104, ,346 8,555 29,643 39,617 10,054 13,384 4,094 February March April May June July August September October November December Imports 2007 Jan.- Dec. (R) 1,964,577 11,280 1,953,297 81, , , , ,866 62,409 Jan.- (R) 155, ,542 6,582 47,997 36,443 20,412 38,198 4,910 January (R) 155, ,542 6,582 47,997 36,443 20,412 38,198 4,910 February (R) 154, ,542 6,598 44,530 36,690 20,833 39,712 5,180 March (R) 161,804 1, ,323 6,836 49,712 36,175 22,126 40,441 5,033 April (R) 158,285 1, ,087 6,584 50,163 35,680 21,079 38,778 4,802 May (R) 161,934 1, ,736 6,758 52,525 36,576 20,508 39,258 5,111 June (R) 163, ,676 6,726 52,815 37,162 21,503 39,275 5,195 July (R) 166,386 1, ,278 6,933 53,839 37,143 22,595 39,495 5,273 August (R) 165,065 1, ,046 6,991 52,855 37,412 22,140 39,259 5,390 September (R) 166,214 1, ,111 6,984 52,725 38,188 22,330 39,535 5,350 October (R) 167, ,852 6,853 54,506 37,671 22,484 40,001 5,337 November (R) 173, ,960 7,038 59,213 37,885 22,522 40,705 5,597 December (R) 170, ,144 6,803 59,793 37,708 20,400 40,209 5, Jan.- 173, ,484 7,127 63,586 37,518 20,587 38,468 5,196 January 173, ,484 7,127 63,586 37,518 20,587 38,468 5,196 February March 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 29 of this release, or at or

12 12 Part A: Seasonally Adjusted 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 month-tomonth change within each major commodity grouping. (-) Represents zero or less than one half of measurement shown. (R) - Revised. Item (1) January December Monthly Year-to-Date Year-to-Date Year-to-Date (R) Change Change Total, Balance of Payments Basis 104, ,943 1, ,550 90,215 14,334 Net Adjustments , , Total, Census Basis 105, ,009 1, ,346 91,463 13,882 Foods, feeds, and beverages 8,555 7, ,555 5,981 2,574 Corn 1, , Sorghum, barley, oats Wheat Meat, poultry, etc Fruits, frozen juices Animal feeds, n.e.c Bakery products Other foods Nonagricultural foods, etc Dairy products and eggs Rice Fish and shellfish Wine, beer, and related products Vegetables Alcoholic beverages, excluding wine Nuts Soybeans 1,181 1, , Oilseeds, food oils Industrial supplies and materials 29,643 28, ,643 23,699 5,944 Petroleum products, other 2,357 1, ,357 1, Nonmonetary gold 1,489 1, , Chemicals-other 1,937 1, ,937 1, Iron and steel mill products Chemicals-inorganic Finished metal shapes 1,351 1, ,351 1, Precious metals, other Agric. farming-unmanufactured Cotton, raw Shingles, molding, wallboard Manmade cloth Other industrial supplies 1,651 1, ,651 1, Newsprint Iron and steel products, other Gas-natural Copper Agriculture-manufactured, other Logs and lumber Metallurgical grade coal Industrial rubber products Glass-plate, sheet, etc Nuclear fuel materials Nontextile floor tiles Synthetic rubber-primary Cotton fiber cloth Tapes, audio and visual Finished textile supplies Wood supplies, manufactured Mineral supplies-manufactured (-) Electric energy Plastic materials 2,598 2, ,598 2, Nonmetallic minerals Leather and furs Pulpwood and woodpulp Chemicals-fertilizers Hair, waste materials Hides and skins Crude oil Agric. industry-unmanufactured Steelmaking materials Nonferrous metals, other Coal and fuels, other Tobacco, unmanufactured Natural gas liquids Aluminum and alumina Chemicals-organic 2,711 2, ,711 2, Fuel oil 1,764 2, ,

13 13 Part A: Seasonally Adjusted Exhibit 7. Exports of Goods by End-Use Category and Commodity--continued Item (1) January December Monthly Year-to-Date Year-to-Date Year-to-Date (R) Change Change Capital goods, except automotive 39,617 40, ,617 36,834 2,782 Civilian aircraft 4,719 5, ,719 4, Industrial engines 1,639 1, ,639 1, Telecommunications equipment 2,763 2, ,763 2, Semiconductors 4,539 4, ,539 4, Drilling & oilfield equipment 1,030 1, ,030 1, Railway transportation equipment Engines-civilian aircraft 1,717 1, ,717 1, Business machines and equipment Specialized mining Generators, accessories Industrial machines, other 3,354 3, ,354 3, Textile, sewing machines (-) Marine engines, parts Commercial vessels, other Wood, glass, plastic Parts-civilian aircraft 1,644 1, ,644 1, Vessels, excluding scrap Spacecraft, excluding military 1 1 (-) 1 1 (-) Excavating machinery 1,120 1, , Pulp and paper machinery Photo, service industry machinery Food, tobacco machinery Agricultural machinery, equipment Laboratory testing instruments Metalworking machine tools Computers 1,177 1, ,177 1, Materials handling equipment 1,190 1, , Electric apparatus 2,571 2, ,571 2, Nonfarm tractors and parts Medicinal equipment 2,152 2, ,152 1, Measuring, testing, control instruments 1,891 1, ,891 1, Computer accessories 2,491 2, ,491 2, Automotive vehicles, parts, and engines 10,054 10, ,054 8,903 1,151 Consumer goods 13,384 12, ,384 11,858 1,526 Pharmaceutical preparations 2,996 2, ,996 2, Records, tapes, and disks Pleasure boats and motors Toys, games, and sporting goods Numismatic coins Other household goods 1,349 1, ,349 1,354-5 Tobacco, manufactured Jewelry, etc Artwork, antiques, stamps, etc Musical instruments Toiletries and cosmetics Apparel,household goods-nontextile Writing and art supplies Furniture, household goods, etc Apparel, household goods - textile Books, printed matter Glassware, chinaware Rugs Nursery stock, etc Sports apparel and gear Stereo equipment, etc Household appliances (-) Cookware, cutlery, tools TV's, VCR's, etc Gem diamonds 1,232 1, , Other goods 4,094 4, ,094 4, (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 29 of this release, or at or

14 14 Part A: Seasonally Adjusted 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 month-tomonth change within each major commodity grouping. (-) Represents zero or less than one half of measurement shown. (R) - Revised. Item (1) January December Monthly Year-to-Date Year-to-Date Year-to-Date (R) Change Change Total, Balance of Payments Basis 173, ,942 2, , ,122 18,172 Net Adjustments Total, Census Basis 172, ,144 2, , ,542 17,942 Foods, feeds, and beverages 7,127 6, ,127 6, Fruits, frozen juices Fish and shellfish 1,163 1, ,163 1, Food oils, oilseeds Feedstuff and foodgrains Vegetables Green coffee Bakery products Meat products Dairy products and eggs Nuts Tea, spices, etc Nonagricultural foods, etc Cane and beet sugar Cocoa beans Wine, beer, and related products Other foods Alcoholic beverages, excluding wine Industrial supplies and materials 63,586 59,793 3,793 63,586 47,997 15,589 Crude oil 29,469 26,697 2,772 29,469 18,148 11,321 Fuel oil 4,159 2,971 1,188 4,159 2,098 2,060 Nonmonetary gold Gas-natural 1,728 1, ,728 1, Liquefied petroleum gases 1,898 1, ,898 1, Iron and steel mill products 1,473 1, ,473 1, Chemicals-fertilizers Nickel Nuclear fuel materials Pulpwood and woodpulp Iron and steel products, n.e.c Chemicals-inorganic Tin Tobacco, waxes, etc Chemicals-other, n.e.c Blank tapes, audio & visual Zinc Plywood and veneers Newsprint Paper and paper products Hair, waste materials Hides and skins Cotton, natural fibers Wool, silk, etc Leather and furs (-) Finished textile supplies Farming materials, livestock Glass-plate, sheet, etc Materials, excluding chemicals Iron and steel, advanced Coal and related fuels Nonferrous metals, other Synthetic rubber--primary Sulfur, nonmetallic minerals Nontextile floor tiles Electric energy Finished metal shapes 1,404 1, ,404 1, Steelmaking materials Synthetic cloth Cotton cloth, fabrics Natural rubber Lumber Stone, sand, cement, etc Bauxite and aluminum , Shingles, wallboard Plastic materials 1,066 1, ,066 1, Copper Industrial supplies, other 1,925 2, ,925 1, Other precious metals Chemicals-organic 1,675 1, ,675 1, Petroleum products, other 3,978 4, ,978 3,

15 15 Part A: Seasonally Adjusted Exhibit 8. Imports of Goods by End-Use Category and Commodity--continued Item (1) January December Monthly Year-to-Date Year-to-Date Year-to-Date (R) Change Change Capital goods, except automotive 37,518 37, ,518 36,443 1,075 Industrial machines, other 2,836 3, ,836 2, Business machines and equipment Generators, accessories 1,483 1, ,483 1, Electric apparatus 2,942 3, ,942 2, Computer accessories 5,049 5, ,049 5, Computers 3,782 3, ,782 3, Agricultural machinery, equipment Wood, glass, plastic Semiconductors 2,198 2, ,198 2, Textile, sewing machines Materials handling equipment Food, tobacco machinery Spacecraft, excluding military (-) (-) (-) (-) Marine engines, parts Nonfarm tractors and parts Telecommunications equipment 3,862 3, ,862 3, Vessels, except scrap (-) (-) (-) (-) (-) 0 Commercial vessels, other Railway transportation equipment Specialized mining Civilian aircraft 1,083 1, ,083 1, Industrial engines 1,387 1, ,387 1, Metalworking machine tools Engines-civilian aircraft 1,065 1, , Pulp and paper machinery Medicinal equipment 2,150 2, ,150 2, Laboratory testing instruments Photo, service industry machinery 1,176 1, ,176 1, Measuring, testing, control instruments 1,281 1, ,281 1, Parts-civilian aircraft Excavating machinery Drilling & oilfield equipment Automotive vehicles, parts, and engines 20,587 20, ,587 20, Consumer goods 38,468 40,209-1,741 38,468 38, TV's, VCR's, etc 3,414 3, ,414 3, Apparel, household goods - cotton 3,921 4, ,921 4, Apparel, textiles, nonwool or cotton 2,394 2, ,394 2, Gem diamonds 1,593 1, ,593 1, Household appliances 1,429 1, ,429 1, Toys, games, and sporting goods 2,968 3, ,968 2, Jewelry 1,056 1, ,056 1, Furniture, household goods, etc. 2,042 2, ,042 2, Photo equipment Cookware, cutlery, tools Camping apparel and gear Footwear 1,240 1, ,240 1,240 0 Artwork, antiques, stamps, etc Writing and art supplies 1,103 1, ,103 1, Apparel, household goods - wool Glassware, chinaware Apparel,household goods-nontextile Musical instruments (-) Nursery stock, etc Gem stones, other Toiletries and cosmetics Records, tapes, and disks Rugs Motorcycles and parts Other household goods 4,823 4, ,823 4, Numismatic coins Books, printed matter Pleasure boats and motors Stereo equipment, etc Pharmaceutical preparations 5,802 5, ,802 5, Other goods 5,196 5, ,196 4, (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 29 of this release, or at or

16 16 Part A: Seasonally Adjusted Exhibit 9. Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use Category Totals In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised. Balance Exports Imports Period Total Net Adjustments Petroleum (1) Total Net Adjustments Petroleum (1) Total Net Adjustments Petroleum (1) Nonpetroleum Nonpetroleum Nonpetroleum 2007 Jan.- Dec. (R) -815,369-25, , ,735 1,149,208-13,976 37,641 1,125,542 1,964,577 11, ,020 1,622,277 Jan.- (R) -64,906-1,828-22,216-40,862 90,215-1,248 2,624 88, , , ,702 January (R) -64,906-1,828-22,216-40,862 90,215-1,248 2,624 88, , , ,702 February (R) -65,782-1,548-18,662-45,573 88,293-1,014 2,453 86, , , ,428 March (R) -71,024-2,852-22,414-45,757 90,780-1,372 2,571 89, ,804 1,480 24, ,338 April (R) -67,627-2,497-22,462-42,669 90,658-1,299 2,569 89, ,285 1,197 25, ,057 May (R) -68,765-2,444-23,874-42,447 93,168-1,246 2,718 91, ,934 1,198 26, ,144 June (R) -68,667-1,773-23,522-43,372 94,685-1,097 3,083 92, , , ,071 July (R) -68,051-2,281-24,038-41,732 98,335-1,173 3,250 96, ,386 1,108 27, ,990 August (R) -66,365-2,096-24,190-40,078 98,700-1,078 3,123 96, ,065 1,019 27, ,733 September (R) -66,131-2,007-24,229-39, , ,138 97, ,214 1,103 27, ,743 October (R) -67,223-1,991-26,384-38, ,574-1,046 3,272 98, , , ,196 November (R) -72,829-2,075-30,035-40, ,772-1,433 4,461 97, , , ,464 December (R) -67,999-1,864-31,352-34, ,943-1,066 4,380 99, , , , Jan.- -68,744-1,607-35,086-32, , , , , , ,980 January -68,744-1,607-35,086-32, , , , , , ,980 February March 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 SITC. The end-use petroleum products, however, include some products such as ethane, butane, benzene, and toluene which are included in "Manufactured Goods". 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 29 of this release, or at or

17 17 Part A: Seasonally Adjusted Exhibit 10. Real Exports and Imports of Goods by Principal End-Use Category 2000 Chain-weighted Dollars In millions of dollars. The values in this exhibit are subject to periodic change, reflecting revisions to the source information for monthly deflators. (-) Represents zero or less than one half of measurement shown. (R) - Revised. End-Use Commodity Category Period Total Census Basis (1) Foods, Feeds, & Beverages Industrial Supplies (2) Capital Goods Automotive Vehicles etc. Consumer Goods Other Goods Residual (3) 2007 Exports Jan.- Dec. (R) 998,858 54, , , , ,405 40,418-9,199 Jan.- (R) 80,261 4,229 16,981 36,737 8,485 11,157 3, January (R) 80,261 4,229 16,981 36,737 8,485 11,157 3, February (R) 78,069 4,312 16,617 34,909 8,638 10,819 3, March (R) 80,181 3,979 17,106 35,500 9,399 11,113 3, April (R) 79,622 4,406 17,101 34,810 9,330 11,167 3, May (R) 81,628 4,451 17,482 36,777 9,291 11,199 3, June (R) 82,439 4,329 18,170 36,782 9,398 11,041 3, July (R) 85,540 4,519 17,805 38,723 10,758 11,497 3,302-1,062 August (R) 85,717 4,816 18,322 38,539 9,855 11,636 3, September (R) 86,299 5,131 18,719 38,096 9,917 11,944 2, October (R) 86,125 4,568 18,378 39,281 9,896 11,543 3, November (R) 85,873 4,747 17,999 38,543 10,341 11,403 3, December (R) 87,105 4,545 18,596 40,410 9,512 11,885 3,223-1, Jan.- 87,355 4,630 18,699 40,013 9,494 12,338 3, January 87,355 4,630 18,699 40,013 9,494 12,338 3, February March April May June July August September October November December Imports 2007 Jan.- Dec. (R) 1,648,757 65, , , , ,718 55,802-26,580 Jan.- (R) 136,286 5,444 30,613 39,935 19,572 37,633 4,446-1,358 January (R) 136,286 5,444 30,613 39,935 19,572 37,633 4,446-1,358 February (R) 135,597 5,461 28,478 40,339 19,951 39,122 4,689-2,442 March (R) 140,195 5,671 30,738 39,834 21,187 39,824 4,542-1,602 April (R) 135,224 5,372 29,540 39,367 20,176 38,197 4,320-1,748 May (R) 136,750 5,464 29,937 40,283 19,618 38,644 4,574-1,769 June (R) 137,739 5,444 29,728 40,855 20,555 38,631 4,638-2,112 July (R) 138,659 5,547 29,604 40,754 21,581 38,755 4,709-2,291 August (R) 137,284 5,566 28,994 40,940 21,126 38,395 4,818-2,554 September (R) 138,034 5,459 28,957 41,756 21,267 38,631 4,783-2,820 October (R) 137,543 5,288 28,782 41,161 21,368 39,062 4,741-2,858 November (R) 139,339 5,449 29,310 41,300 21,360 39,669 4,937-2,686 December (R) 136,107 5,258 29,080 41,057 19,292 39,156 4,604-2, Jan.- 136,789 5,352 30,334 40,902 19,491 37,346 4,536-1,172 January 136,789 5,352 30,334 40,902 19,491 37,346 4,536-1,172 February March 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. (3) The "residual" represents the difference between total exports or imports, and the sum of the components in the table. NOTE: For information on data sources, nonsampling errors and definitions, see the information section on page 29 of this release, or at or

18 18 Part A: Seasonally Adjusted Exhibit 11. Real Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use Commodity Category Totals 2000 Chain-weighted Dollars In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. The values in this exhibit are subject to periodic change, reflecting revisions to the source information for the monthly deflators. (-) Represents zero or less than one half of measurement shown. (R) - Revised. Trade Balance Exports Imports Period Total Census Basis (1) Petroleum Residual (2) Total Census Basis (1) Petroleum Residual (2) Total Census Basis (1) Petroleum Nonpetroleum Nonpetroleum Nonpetroleum Residual (2) 2006 Jan.- Dec. -697, , ,497 4, ,486 13, , ,622, ,484 1,489,512-5,887 Jan.- -60,589-11,736-47, , , ,711 12, , January -60,589-11,736-47, , , ,711 12, , February -57,921-11,450-45, , , ,304 12, , March -58,831-10,409-48, ,575 1,106 74, ,406 11, , April -57,659-9,734-48, ,973 1,157 73, ,632 10, , May -58,640-10,776-47, , , ,346 11, , June -57,594-10,305-47, ,483 1,023 76, ,077 11, , July -59,279-10,299-49, ,193 1,085 75, ,472 11, , August -59,180-10,496-49, , , ,169 11, , September -57,864-9,896-49,061 1,093 78,726 1,453 76, ,591 11, , October -55,737-9,269-48,089 1,621 79,428 1,381 77, ,164 10, ,941-1,426 November -56,459-10,053-47, ,872 1,283 78, ,331 11, , December -57,871-10,593-47, ,036 1,085 79, ,907 11, , Jan.- Dec. (R) -649, , ,366 12, ,858 14, , ,648, ,928 1,524,988-12,160 Jan.- (R) -56,025-11,592-44, ,261 1,235 78, ,286 12, , January (R) -56,025-11,592-44, ,261 1,235 78, ,286 12, , February (R) -57,528-9,842-48,737 1,051 78,069 1,126 76, ,597 10, ,709-1,080 March (R) -60,014-11,155-49, ,181 1,109 79, ,195 12, , April (R) -55,602-10,205-46, ,622 1,041 78, ,224 11, , May (R) -55,123-10,293-45, ,628 1,100 80, ,750 11, , June (R) -55,300-9,963-46,593 1,256 82,439 1,217 81, ,739 11, ,798-1,239 July (R) -53,119-9,584-45,331 1,796 85,540 1,250 84, ,659 10, ,618-1,793 August (R) -51,567-9,398-44,053 1,884 85,717 1,249 84, ,284 10, ,524-1,886 September (R) -51,735-9,373-44,369 2,007 86,299 1,222 85, ,034 10, ,490-2,052 October (R) -51,418-9,610-43,393 1,585 86,125 1,261 84, ,543 10, ,251-1,579 November (R) -53,467-10,003-44,587 1,124 85,873 1,509 84, ,339 11, , December (R) -49,002-10,060-39, ,105 1,532 85, ,107 11, , Jan.- -49,435-11,151-36,854-1,430 87,355 1,462 85, ,789 12, ,493 1,683 January -49,435-11,151-36,854-1,430 87,355 1,462 85, ,789 12, ,493 1,683 February March April May June July August September October November December (1) Detailed data presented on a Census Basis. The information to convert to a BOP basis is not available. (2) The "residual" represents the difference between total exports or imports, and the sum of the components in the table. NOTE: For information on data sources, nonsampling errors and definitions, see the information section on page 29 of this release, or at or