u.s. international trade in goods and services july 2019july 2019 the u.s. census bureau and the...

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EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, WEDNESDAY, SEPTEMBER 4, 2019 CB 19-127, BEA 19-43 Goods Data Inquiries Goods Media Inquiries Services Data and Media Inquiries U.S. Census Bureau U.S. Census Bureau U.S. Bureau of Economic Analysis Economic Indicators Division, International Trade Public Information Office Balance of Payments Division (301) 763-2311 (301) 763-3030 Data: (301) 278-9559 [email protected] [email protected] Media: (301) 278-9003 [email protected] U.S. International Trade in Goods and Services July 2019 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $54.0 billion in July, down $1.5 billion from $55.5 billion in June, revised. U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES DEFICIT Deficit: $54.0 Billion -2.7%° Exports: $207.4 Billion +0.6%° Imports: $261.4 Billion -0.1%° Next release: October 4, 2019 (°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, September 4, 2019 Exports, Imports, and Balance (exhibit 1) July exports were $207.4 billion, $1.2 billion more than June exports. July imports were $261.4 billion, $0.4 billion less than June imports. The July decrease in the goods and services deficit reflected a decrease in the goods deficit of $1.6 billion to $73.7 billion and a decrease in the services surplus of $0.1 billion to $19.7 billion. Year-to-date, the goods and services deficit increased $28.2 billion, or 8.2 percent, from the same period in 2018. Exports decreased $3.4 billion or 0.2 percent. Imports increased $24.9 billion or 1.4 percent. Monthly deficit Three-month moving average 40 45 50 55 60 65 July 2017 July 2018 July 2019 Billion $ Goods and Services Trade Deficit Seasonally adjusted 0 U.S. International Trade in Goods and Services September 4, 2019 U.S. Bureau of Economic Analysis U.S. Census Bureau

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  • EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, WEDNESDAY, SEPTEMBER 4, 2019 CB 19-127, BEA 19-43

    Goods Data Inquiries Goods Media Inquiries Services Data and Media Inquiries U.S. Census Bureau U.S. Census Bureau U.S. Bureau of Economic Analysis Economic Indicators Division, International Trade Public Information Office Balance of Payments Division (301) 763-2311 (301) 763-3030 Data: (301) 278-9559 [email protected] [email protected] Media: (301) 278-9003

    [email protected]

    U.S. International Trade in Goods and Services

    July 2019

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $54.0 billion in July, down $1.5 billion from $55.5 billion in June, revised.

    U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES DEFICIT

    Deficit: $54.0 Billion -2.7%°

    Exports: $207.4 Billion +0.6%°

    Imports: $261.4 Billion -0.1%°

    Next release: October 4, 2019

    (°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes

    Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, September 4, 2019

    Exports, Imports, and Balance (exhibit 1)

    July exports were $207.4 billion, $1.2 billion more than June exports. July imports were $261.4 billion, $0.4 billion less than June imports.

    The July decrease in the goods and services deficit reflected a decrease in the goods deficit of $1.6 billion to $73.7 billion and a decrease in the services surplus of $0.1 billion to $19.7 billion.

    Year-to-date, the goods and services deficit increased $28.2 billion, or 8.2 percent, from the same period in 2018. Exports decreased $3.4 billion or 0.2 percent. Imports increased $24.9 billion or 1.4 percent.

    Monthly deficit

    Three-month moving average

    35

    40

    45

    50

    55

    60

    65

    July 2017 July 2018 July 2019

    Billion $Goods and Services Trade Deficit

    Seasonally adjusted

    0

    U.S. International Trade in Goods and ServicesSeptember 4, 2019

    U.S. Bureau of Economic AnalysisU.S. Census Bureau

    mailto:[email protected]:[email protected]:[email protected]

  • Three-Month Moving Averages (exhibit 2)

    The average goods and services deficit increased $0.7 billion to $55.1 billion for the three months ending in July.

    • Average exports increased $0.5 billion to $208.0 billion in July. • Average imports increased $1.2 billion to $263.1 billion in July.

    Year-over-year, the average goods and services deficit increased $7.0 billion from the three months ending in July 2018.

    • Average exports decreased $3.0 billion from July 2018. • Average imports increased $4.0 billion from July 2018.

    Exports (exhibits 3, 6, and 7)

    Exports of goods increased $1.2 billion to $138.2 billion in July.

    Exports of goods on a Census basis increased $1.2 billion.

    • Consumer goods increased $1.5 billion. o Pharmaceutical preparations increased $1.2 billion.

    • Capital goods increased $0.8 billion. • Automotive vehicles, parts, and engines increased $0.6 billion. • Industrial supplies and materials decreased $1.7 billion.

    o Crude oil decreased $0.5 billion. o Metallurgical grade coal decreased $0.2 billion. o Fuel oil decreased $0.2 billion. o Other petroleum products decreased $0.2 billion.

    Net balance of payments adjustments increased $0.1 billion.

    Exports of services decreased $0.1 billion to $69.2 billion in July.

    • Transport decreased $0.1 billion. • Charges for the use of intellectual property decreased $0.1 billion. • Other business services, which includes research and development services; professional and

    management services; and technical, trade-related, and other services, increased $0.1 billion.

    Imports (exhibits 4, 6, and 8) Imports of goods decreased $0.4 billion to $211.8 billion in July.

    Imports of goods on a Census basis decreased $0.6 billion.

    • Capital goods decreased $1.5 billion. o Computers decreased $1.4 billion.

    – 2 –

  • • Industrial supplies and materials increased $0.9 billion. o Other petroleum products increased $1.0 billion.

    Net balance of payments adjustments increased $0.1 billion.

    Imports of services increased $0.1 billion to $49.6 billion in July.

    • Insurance services increased $0.1 billion. • Other business services increased $0.1 billion. • Transport decreased $0.1 billion.

    Real Goods in 2012 Dollars – Census Basis (exhibit 11)

    The real goods deficit decreased $0.7 billion to $85.5 billion in July.

    • Real exports of goods increased $0.6 billion to $148.7 billion. • Real imports of goods decreased $0.1 billion to $234.2 billion.

    Revisions

    Exports and imports of goods and services were revised for January through June 2019 to incorporate more comprehensive and updated quarterly and monthly data. Revisions to June exports

    • Exports of goods were revised down $0.2 billion. • Exports of services were revised up $0.1 billion.

    Revisions to June imports

    • Imports of goods were revised down less than $0.1 billion. • Imports of services were revised up $0.3 billion.

    Goods by Selected Countries and Areas: Monthly – Census Basis (exhibit 19)

    The July figures show surpluses, in billions of dollars, with South and Central America ($3.7), Hong Kong ($2.4), Brazil ($0.7), United Kingdom ($0.3), OPEC ($0.3), and Singapore ($0.1). Deficits were recorded, in billions of dollars, with China ($29.6), European Union ($15.9), Mexico ($8.9), Germany ($6.2), Japan ($5.9), Italy ($3.1), Canada ($3.1), India ($2.1), Taiwan ($2.0), France ($1.9), South Korea ($1.5), and Saudi Arabia (less than $0.1).

    • The balance with members of OPEC shifted from a deficit of $0.3 billion to a surplus of $0.3 billion in July. Exports decreased $0.3 billion to $3.6 billion and imports decreased $0.8 billion to $3.3 billion.

    • The deficit with China decreased $0.5 billion to $29.6 billion in July. Exports decreased $0.3 billion to $9.3 billion and imports decreased $0.8 billion to $39.0 billion.

    • The surplus with South and Central America decreased $1.1 billion to $3.7 billion in July. Exports decreased $0.9 billion to $13.0 billion and imports increased $0.2 billion to $9.3 billion.

    – 3 –

  • Goods and Services by Selected Countries and Areas: Quarterly – Balance of Payments Basis (exhibit 20)

    Statistics on trade in goods and services by country and area are only available quarterly, with a one-month lag. With this release, second-quarter figures are now available. The second-quarter figures show surpluses, in billions of dollars, with South and Central America ($20.4), Hong Kong ($8.1), Brazil ($7.5), Singapore ($4.6), OPEC ($3.9), United Kingdom ($3.2), and Saudi Arabia ($1.4). Deficits were recorded, in billions of dollars, with China ($80.6), European Union ($35.1), Mexico ($26.1), Germany ($16.8), Japan ($16.3), Italy ($9.3), India ($5.8), France ($5.2), Taiwan ($4.7), Canada ($3.3), and South Korea ($2.0).

    • The deficit with the European Union increased $7.6 billion to $35.1 billion in the second quarter. Exports decreased $5.6 billion to $146.5 billion and imports increased $2.0 billion to $181.6 billion.

    • The balance with Canada shifted from a surplus of $3.9 billion to a deficit of $3.3 billion in the second quarter. Exports decreased $1.4 billion to $89.3 billion and imports increased $5.7 billion to $92.6 billion.

    • The deficit with South Korea decreased $2.5 billion to $2.0 billion in the second quarter. Exports increased $0.5 billion to $19.9 billion and imports decreased $2.0 billion to $21.9 billion.

    * * * All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not seasonally adjusted statistics and details for goods on a Census basis, are available in exhibits 1-20b of this release. For information on data sources, definitions, and revision procedures, see the explanatory notes in this release. The full release can be found at www.census.gov/foreign-trade/Press-Release/current_press_release/index.html or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services. The full schedule is available in the Census Bureau’s Economic Briefing Room at www.census.gov/economic-indicators/ or on BEA’s website at www.bea.gov/news/schedule.

    * * *

    Next release: October 4, 2019, at 8:30 A.M. EDT U.S. International Trade in Goods and Services, August 2019

    * * *

    – 4 –

    https://www.census.gov/foreign-trade/Press-Release/current_press_release/index.htmlhttps://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-serviceshttps://www.census.gov/economic-indicators/https://www.bea.gov/news/schedule

  • Explanatory Notes Goods (Census basis) Data for goods on a Census basis are compiled from the documents collected by U.S. Customs and Border Protection (CBP) and reflect the movement of goods between foreign countries and the 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, and U.S. Foreign Trade Zones. They include government and non-government shipments of goods and exclude shipments between the United States and its territories and possessions; transactions with U.S. military, diplomatic, and consular installations abroad; U.S. goods returned to the United States by its Armed Forces; personal and household effects of travelers; and in-transit shipments. The General Imports value reflects the total arrival of merchandise from foreign countries that immediately enters consumption channels, warehouses, or Foreign Trade Zones. For imports, the value reported is the CBP-appraised value of merchandise—generally, the price paid for merchandise for export to the United States. Import duties, freight, insurance, and other charges incurred in bringing merchandise to the United States are excluded. The exception is exhibit 17a, which shows CIF import value. The CIF (cost, insurance, and freight) value represents the landed value of the merchandise at the first port of arrival in the United States. It is computed by adding import charges to the customs value and therefore excludes U.S. import duties. Exports are valued at the f.a.s. (free alongside ship) value of merchandise at the U.S. port of export, based on the transaction price including inland freight, insurance, and other charges incurred in placing the merchandise alongside the carrier at the U.S. port of exportation.

    Revision procedure (Census basis) Monthly revisions: Monthly data include actual month's transactions as well as a small number of transactions for previous months. Each month, the U.S. Census Bureau revises the aggregate seasonally adjusted (current and real, or chained-dollar) and unadjusted export, import, and trade balance figures, as well as the end-use totals for the prior month. Country detail data and commodity detail data, based on the Standard International Trade Classification (SITC) Revision 4 and the North American Industry Classification System (NAICS), are not revised monthly. The timing adjustment shown in exhibit 14 is the difference between monthly data as originally reported and as recompiled. For June, unadjusted exports of goods were revised down less than $0.1 billion and unadjusted imports of goods were revised up less than $0.1 billion. Goods carry-over in July

    was $0.1 billion (0.1 percent) for exports and $0.1 billion (less than 0.1 percent) for imports. For June, revised export carry-over was less than $0.1 billion (less than 0.1 percent) and revised import carry-over was $0.1 billion (less than 0.1 percent). Quarterly revisions to chain-weighted dollar series: For March, June, September, and December statistical month releases, revisions are made to the real, or chained-dollar, series presented in exhibits 10 and 11: the previous five months are revised to incorporate the U.S. Bureau of Labor Statistics’ (BLS) revisions to price indexes, which are used to produce the real series and to align Census data with data published by the U.S. Bureau of Economic Analysis (BEA) in the national income and product accounts (NIPAs). Annual revisions: Each June, not seasonally adjusted goods data are revised to redistribute monthly data that arrived too late for inclusion in the month of transaction. In addition, revisions are made to reflect corrections received subsequent to the monthly revisions. Seasonally adjusted data are also revised to reflect recalculated seasonal and trading-day adjustments. These revisions are reflected in totals, end-use, commodity, and country summary data. Other revisions: For December and January statistical month releases, each prior month of the most recent full year is revised so that the totals of the seasonally adjusted months equal the annual totals.

    U.S./Canada data exchange and substitution Data for U.S. exports to Canada are derived from import data compiled by Canada. The use of Canada's import data to produce U.S. export data requires several alignments in order to compare the two series. 1. Coverage - Canadian imports are based on country of

    origin. U.S. goods shipped from a third country are included. U.S. exports exclude these foreign shipments. For July 2019, these shipments totaled $150.1 million. U.S. export coverage also excludes U.S. postal shipments to Canada. For July 2019, these shipments totaled $23.6 million. U.S. import coverage includes shipments of railcars and locomotives from Canada. Effective with January 2004 statistics, Canada excludes these shipments from its goods exports to the United States, therefore creating coverage differences between the two countries for these goods.

    2. Valuation - Canadian imports are valued at the point of origin in the United States. However, U.S. exports are valued at the port of exit in the United States and include inland freight charges, making the U.S. export

    – 5 –

  • value slightly larger than the Canadian import value. Canada requires inland freight to be reported separately from the value of the goods. Combining the inland freight and the Canadian reported import value provides a consistent valuation for all U.S. exports. Inland freight charges for July 2019 accounted for 2.1 percent of the value of U.S. exports to Canada.

    3. Re-exports - Unlike Canadian imports, which are based on country of origin, U.S. exports include re-exports of foreign goods. Therefore, the aggregate U.S. export figure is slightly larger than the Canadian import figure. For July 2019, re-exports to Canada were $4,263.4 million.

    4. Exchange Rate - Average monthly exchange rates are applied to convert the published data to U.S. currency. For July 2019, the average exchange rate was 1.3105 Canadian dollars per U.S. dollar.

    5. Other - There are other minor differences, such as rounding error, that are statistically insignificant.

    Canadian estimates: Effective with January 2001 statistics, the current month data for exports to Canada contain an estimate for late arrivals and corrections. In the following month, this estimate is replaced, in the news release exhibits only, with the actual value of late receipts and corrections. This estimate improves the current month data for exports to Canada and treats late receipts for exports to Canada in a manner that is more consistent with the treatment of late receipts for exports to other countries.

    Nonsampling errors The goods data are a complete enumeration of documents collected by CBP and are not subject to sampling errors. Quality assurance procedures are performed at every stage of collection, processing, and tabulation. However, the data are still subject to several types of nonsampling errors. The most significant of these include reporting errors, undocumented shipments, timeliness, data capture errors, and errors in the estimation of low-valued transactions. Reporting errors: Reporting errors are mistakes or omissions made by importers, exporters, or their agents in their import or export declarations. Most errors involve missing or invalid commodity classification codes and missing or incorrect quantities or shipping weights. They have a negligible effect on aggregate import, export, and balance of trade statistics. However, they can affect the detailed commodity statistics. Undocumented shipments: Federal regulations require importers, exporters, or their agents to report all merchandise shipments above established exemption levels. The Census Bureau has determined that not all required documents are filed, particularly for exports. Timeliness and data capture errors: The Census Bureau captures import and export information from

    administrative documents and through various automated collection programs. Documents may be lost, and data may be incorrectly keyed, coded, or recorded. Transactions may be included in a subsequent month’s statistics if received late. Low-valued transactions: The total values of transactions valued as much as or below $2,500 for exports and $2,000 ($250 for certain quota items) for imports are estimated for each country, using factors based on the ratios of low-valued shipments to individual country totals for past periods. The Census Bureau recommends that data users incorporate this information into their analyses, as nonsampling errors could impact the conclusion drawn from the results. See “U.S. Merchandise Trade Statistics: A Quality Profile” (October 2014) for a detailed discussion of errors affecting the goods data.

    Area groupings North America: Canada, Mexico. Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR): Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua. Europe: Albania, Andorra, Armenia, Austria, Azerbaijan, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Georgia, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Italy, Kazakhstan, Kosovo, Kyrgyzstan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Moldova, Monaco, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, Russia, San Marino, Serbia, Slovakia, Slovenia, Spain, Svalbard-Jan Mayen Island, Sweden, Switzerland, Tajikistan, Turkey, Turkmenistan, Ukraine, United Kingdom, Uzbekistan, Vatican City. European Union: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom. Euro Area: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Spain. Pacific Rim: Australia, Brunei, China, Hong Kong, Indonesia, Japan, Korea (South), Macau, Malaysia, New Zealand, Papua New Guinea, Philippines, Singapore, Taiwan.

    – 6 –

    https://www.census.gov/foreign-trade/aip/quality_profile10032014.pdfhttps://www.census.gov/foreign-trade/aip/quality_profile10032014.pdf

  • South/Central America: Anguilla, Antigua and Barbuda, Argentina, Aruba, Bahamas, Barbados, Belize, Bermuda, Bolivia, Brazil, British Virgin Islands, Cayman Islands, Chile, Colombia, Costa Rica, Cuba, Curacao, Dominica, Dominican Republic, Ecuador, El Salvador, Falkland Islands (Islas Malvinas), French Guiana, Grenada, Guadeloupe, Guatemala, Guyana, Haiti, Honduras, Jamaica, Martinique, Montserrat, Netherlands Antilles, Nicaragua, Panama, Paraguay, Peru, Sint Maarten, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago, Turks and Caicos Islands, Uruguay, Venezuela. Organization of Petroleum Exporting Countries (OPEC): Algeria, Angola, Congo (Brazzaville), Ecuador, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, United Arab Emirates, Venezuela. Africa: Algeria, Angola, Benin, Botswana, British Indian Ocean Territories, Burkina Faso, Burundi, Cabo Verde, Cameroon, Central African Republic, Chad, Comoros, Congo (Brazzaville), Congo (Kinshasa), Djibouti, Egypt, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, French Southern and Antarctic Lands, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mayotte, Morocco, Mozambique, Namibia, Niger, Nigeria, Reunion, Rwanda, St. Helena, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, Togo, Tunisia, Uganda, Western Sahara, Zambia, Zimbabwe.

    Adjustments for seasonal and trading-day variations Goods are initially classified under the Harmonized Commodity Description and Coding System (Harmonized System), which is an internationally accepted standard for the commodity classification of traded goods. The Harmonized System describes and measures the characteristics of the goods and is the basis for the systems used in the United States: Schedule B for exports and Harmonized Tariff Schedule for imports. Combining trade into approximately 140 export and 140 import end-use categories makes it possible to examine goods according to their principal uses (see exhibits 7 and 8). These categories are used as the basis for computing the seasonal and trading-day adjusted data. These adjusted data are then summed to the six end-use aggregates for publication (see exhibit 6). The Census Bureau provides these data to BEA for use in the NIPAs and in the U.S international transactions accounts (balance of payments accounts). Exhibit 19 shows goods (Census basis) that are seasonally adjusted for selected countries and world areas. Unlike the commodity-based adjustments discussed above, these adjustments are developed and applied directly at the country and world area levels. For total exports and imports, data users should refer to the commodity-based

    totals shown in the other exhibits. The seasonally adjusted country and world area data will not sum to the seasonally adjusted commodity-based totals because the seasonally adjusted country and world area data and the commodity-based totals are derived from different aggregations of the export and import data and from different seasonal adjustment models. Data users should use caution drawing comparisons between the two sets of seasonally adjusted series. The seasonal adjustment procedure (X-13ARIMA-SEATS) is based on a model that estimates the monthly movements as percentages above or below the general level of series (unlike other methods that redistribute the actual series values over the calendar year). Because the data series for aircraft is highly variable, users studying data trends may wish to analyze trade in aircraft separately from other trade.

    Adjustments for price change Data adjusted for seasonal variation on a real, or chained-dollar, basis (2012 reference year) are presented in exhibits 10 and 11. This adjustment for price change is done using the Fisher chain-weighted methodology. The deflators are primarily based on the monthly price indexes published by the BLS using techniques developed for the NIPAs by BEA.

    Principal commodities Goods data appearing in exhibit 15 are classified in terms of the SITC Revision 4, with the exception of agricultural and manufactured goods. Agricultural goods are defined by the U.S. Department of Agriculture (USDA); they consist of non-marine food products and other products of agriculture that have not passed through complex processes of manufacture. Manufactured goods conform to the NAICS; they consist of goods that have been mechanically, physically, or chemically transformed. USDA agricultural goods and NAICS manufactured goods are not mutually exclusive categories. Re-exports are foreign merchandise entering the country as imports and then exported in substantially the same condition as when imported. Re-exports, which are included in overall export totals, appear as separate line items in exhibit 15.

    Advanced technology products About 500 of some 22,000 Schedule B and Harmonized Tariff Schedule classification codes used in reporting U.S. merchandise trade are identified as "advanced technology" codes, and they meet the following criteria: 1. The code contains products whose technology is from

    a recognized high technology field (e.g., biotechnology).

    – 7 –

  • 2. These products represent leading edge technology in that field.

    3. Such products constitute a significant part of all items covered in the selected classification code.

    The aggregation of the goods results in a measure of advanced technology trade that appears in exhibits 16 and 16a. This product- and commodity-based measure of advanced technology differs from broader NAICS-based measures, which include all goods produced by a particular industry group, regardless of the level of technology embodied in the goods.

    Goods trade in the Advance Economic Indicators Report In addition to the U.S. International Trade in Goods and Services report (FT-900), which is released jointly with BEA, the Census Bureau also releases advance statistics on international trade in goods, along with advance estimates on retail and wholesale inventories, in the Advance Economic Indicators Report (Advance Report). Trade statistics in the Advance Report, released on average 24 to 26 calendar days after the end of the reference month, reflect nearly complete coverage of goods trade, while statistics in the FT-900, released on average 34 to 36 calendar days after the end of the reference month, reflect complete coverage. The Advance Report contains advance statistics for goods trade on a Census basis by principal end-use category, thus providing users an earlier high-level snapshot of U.S. international trade for the featured month. Commodity and country details and statistics for goods trade on a balance of payments (BOP) basis and for services trade are released several days later in the FT-900. See the Advance Report Frequently Asked Questions for more information. The FT-900 is the primary source for the goods trade data used in BEA’s quarterly gross domestic product (GDP) statistics. However, for the advance GDP estimate, FT-900 data for the third month are not yet available, so BEA uses data from the Advance Report. Because only goods trade on a Census basis by principal end-use category is available in the Advance Report, BEA applies adjustments, such as BOP and coverage adjustments, to the Advance Report statistics to produce detailed estimates for incorporation into the advance GDP estimate. See the “Key Source Data and Assumptions” table that accompanies each GDP release for more information.

    Goods (BOP basis) and services Quarterly and annual statistics for goods on a BOP basis and for services are included in the U.S. international transactions accounts (ITAs), which are published by BEA in news releases in March, June, September, and December and in the Survey of Current Business in the January, April,

    July, and October issues. The next release of the ITAs is scheduled for September 19, 2019. In addition, BEA releases detailed annual international services statistics, which consist of statistics on trade in services and on services supplied through affiliates of multinational enterprises. The statistics provide detail on U.S. trade in services by type and by country and area and detail on services supplied through affiliates by industry and by country and area.

    Goods (BOP basis) Goods on a Census basis are adjusted by BEA to a BOP basis to align the data with the concepts and definitions used to prepare the international and national economic accounts. These adjustments, which are applied separately to exports and imports, are necessary to supplement coverage of the Census data, to eliminate duplication of transactions recorded elsewhere in the international accounts, and to value transactions at market prices. They include both additions to and deductions from goods on a Census basis and are presented in this release as net adjustments. Adjustments that exhibit significant seasonal patterns are seasonally adjusted. BEA also publishes more detailed quarterly and annual statistics for net adjustments in ITA Table 2.4. U.S. International Trade in Goods, Balance of Payments Adjustments and in the January, April, July, and October issues of the Survey of Current Business. The export adjustments include:

    Gold exports, nonmonetary - This addition is made for gold that is purchased by foreign official agencies from private dealers in the United States and held at the Federal Reserve Bank of New York. The Census data only include gold that leaves the U.S. customs territory.

    Goods procured in U.S. ports by foreign carriers - This addition is made for foreign air and ocean carriers’ fuel purchases in U.S. ports.

    Net exports of goods under merchanting - This addition is made to include the net value of the purchase and subsequent resale of goods abroad without the goods entering the United States. Because these goods do not cross the U.S. customs frontier, their value is not recorded in the Census data.

    Other adjustments to exports include:

    Deductions for equipment repairs (parts and labor), developed motion picture film, military grant-aid, and, for periods prior to 2010, goods identified in the Census data as exports under the Foreign Military Sales (FMS) program. Additions for sales of fish caught in U.S. territorial waters, exports of electricity to Mexico, private gift parcels, vessels and oil rigs for which

    – 8 –

    https://www.census.gov/econ/indicators/index.htmlhttps://www.census.gov/econ/indicators/faqs.htmlhttps://www.census.gov/econ/indicators/faqs.htmlhttps://www.bea.gov/data/gdp/gross-domestic-producthttps://www.bea.gov/data/gdp/gross-domestic-producthttps://apps.bea.gov/scb/index.htmhttps://www.bea.gov/data/intl-trade-investment/international-services-expandedhttps://www.bea.gov/data/intl-trade-investment/international-services-expandedhttps://apps.bea.gov/iTable/iTable.cfm?reqid=62&step=6&isuri=1&6210=1&6200=48https://apps.bea.gov/iTable/iTable.cfm?reqid=62&step=6&isuri=1&6210=1&6200=48https://apps.bea.gov/iTable/iTable.cfm?reqid=62&step=6&isuri=1&6210=1&6200=48

  • ownership changes, valuation of software exports at market value, low-value (below reporting threshold) transactions for 1999–2009 to phase in a revised Census Bureau low-value methodology that was implemented for goods on a Census basis beginning with statistics for 2010, and, for periods prior to 2010, FMS goods exports reported to BEA by the U.S. Department of Defense.

    The import adjustments include:

    Gold imports, nonmonetary - This addition is made for gold sold by foreign official agencies to private purchasers out of stock held at the Federal Reserve Bank of New York. The Census data only include gold that enters the U.S. customs territory.

    Goods procured in foreign ports by U.S. carriers - This addition is made for U.S. air and ocean carriers’ fuel purchases in foreign ports.

    Imports by U.S. military agencies - This addition is made for purchases of goods abroad by U.S. military agencies, which are reported to BEA by the Department of Defense. The Census data only include imports of goods by U.S. military agencies that enter the U.S. customs territory.

    Inland freight in Canada and Mexico - This addition is made for inland freight in Canada and Mexico. Imports of goods from all countries should be valued at the customs value—the value at the foreign port of export including inland freight charges. For imports from Canada and Mexico, this should be the cost of the goods at the U.S. border. However, the customs value for imports for certain Canadian and Mexican goods is the point of origin in Canada or Mexico. BEA makes an addition for the inland freight charges of transporting these goods to the U.S. border to make the value comparable to the customs value reported for imports from other countries.

    Other adjustments to imports include:

    Deductions for equipment repairs (parts and labor), repairs to U.S. vessels abroad, and developed motion picture film. Additions for non-reported imports of locomotives and railcars, imports of electricity from Mexico, conversion of vessels for commercial use, valuation of software imports at market value, and low-value (below reporting threshold) transactions for 1999–2009 to phase in a revised Census Bureau low-value methodology that was implemented for goods on a Census basis beginning with statistics for 2010.

    Services The services statistics cover transactions between foreign countries and the 50 states, the District of Columbia, Puerto

    Rico, the U.S. Virgin Islands, and other U.S. territories and possessions. Transactions with U.S. military, diplomatic, and consular installations abroad are excluded because these installations are considered to be part of the U.S. economy. Services statistics are based on quarterly, annual, and benchmark surveys and information obtained from monthly government and industry reports. For categories for which monthly data are not available, monthly statistics are derived from quarterly statistics through temporal distribution, or interpolation. The interpolation methodology used by BEA is the modified Denton proportional first difference method. This method preserves the pattern of the monthly indicator series, if available, while satisfying the annual aggregation constraints. See “An Empirical Review of Methods for Temporal Distribution and Interpolation in the National Accounts” (May 2008) for more information. Services are seasonally adjusted when statistically significant seasonal patterns are present. Services are shown in nine broad categories. The following is a brief description of the types of services included in each category:

    Maintenance and repair services n.i.e. (not included elsewhere) - Consists of maintenance and repair services performed by residents of one country on goods that are owned by residents of another country. The repairs may be performed at the site of the repair facility or elsewhere. Excludes such services in which the cost is included in the price of the goods and is not billed separately or is declared as a part of the price of the goods on the import or export declaration filed with the U.S. Customs and Border Protection. Maintenance and repair of computers are included under computer services, and some maintenance and repair of ships, aircraft, and other transport equipment are included under transport services.

    Transport - Consists of transactions associated with moving people and freight from one location to another and includes related supporting and auxiliary services. Transport covers all modes of transportation, including air, sea, rail, road, space, and pipeline. Postal and courier services and port services, which cover cargo handling, storage and warehousing, and other related transport services, are also included.

    Travel (for all purposes including education) - Includes goods and services acquired by nonresidents while abroad. A traveler is defined as a person who stays, or intends to stay, for less than one year in a country of which he or she is not a resident or as a nonresident whose purpose is to obtain education or medical treatment, no matter how long the stay. Purchases can be either for own use or for gifts to others. Travel is a

    – 9 –

    https://apps.bea.gov/scb/pdf/2008/05%20May/0508_methods.pdfhttps://apps.bea.gov/scb/pdf/2008/05%20May/0508_methods.pdfhttps://apps.bea.gov/scb/pdf/2008/05%20May/0508_methods.pdf

  • transactor-based component that covers a variety of goods and services, primarily lodging, meals, transportation in the country of travel, amusement, entertainment, and gifts. Travel excludes air passenger services for travel between countries, which are included in transport, and goods for resale, which are included in goods.

    Travel includes business and personal travel. Business travel covers goods and services acquired for use by persons whose primary purpose for travel is for business (including goods and services for which business travelers are reimbursed by employers). Business travel also includes expenditures by border, seasonal, and other short-term workers in their economy of employment. Personal travel covers travel for all non-business purposes, including for medical or educational purposes.

    Insurance services - Includes the direct insurance services of providing life insurance and annuities, non-life (property and casualty) insurance, reinsurance, freight insurance, and auxiliary insurance services. Insurance is measured as gross premiums earned plus premium supplements less claims payable, with an adjustment for claims volatility. Premium supplements represent investment income from insurance reserves, which are attributed to policyholders who are treated as paying the income back to the insurer. Auxiliary insurance services include agents’ commissions, brokerage services, insurance consulting services, actuarial services, and other insurance services.

    Financial services - Includes financial intermediary and auxiliary services, except insurance services. These services include those normally provided by banks and other financial institutions. Services primarily include those for which an explicit commission or a fee is charged; implicit fees for bond transactions, measured as the difference between bid and ask prices, are also included. Services include securities brokerage and underwriting, financial management, financial advisory, and custody services; credit and other credit-related services; and securities lending, electronic funds transfer, and other services.

    Charges for the use of intellectual property n.i.e. - Includes charges for the use of proprietary rights, such as patents, trademarks, and copyrights, and charges for licenses to use, reproduce, distribute, and sell or purchase intellectual property.

    Telecommunications, computer, and information services - Telecommunications services include the broadcast or transmission of sound, images, data, or other information by electronic means. These services do not include the value of the information transmitted. Computer services consist of hardware- and software-

    related services and data processing services. Sales of customized software and related use licenses, as well as licenses to use non-customized software with a periodic license fee, are also included, as is software downloaded or otherwise electronically delivered. Cross-border transactions in non-customized packaged software with a license for perpetual use are included in goods. Information services include news agency services, database services, and web search portals.

    Other business services - Consists of research and development services, professional and management consulting services, and technical, trade-related, and other business services. Research and development services include services associated with basic and applied research and experimental development of new products and processes. Professional and management consulting services include legal services, accounting, management consulting, managerial services, public relations services, advertising, and market research. Amounts received by a parent company from its affiliates for general overhead expenses related to these services are included. Technical, trade-related, and other business services include architectural and engineering, construction, audio-visual, waste treatment, operational leasing, trade-related, and other business services.

    Government goods and services n.i.e. - Includes goods and services supplied by and to enclaves, such as embassies, military bases, and international organizations; goods and services acquired from the host economy by diplomats, consular staff, and military personnel located abroad and their dependents; and services supplied by and to governments that are not included in other services categories. Services supplied by and to governments are classified to specific services categories when source data permit.

    Goods (BOP basis) and services by country and area Monthly country and area detail is not available for goods on a BOP basis or for services. However, quarterly statistics on goods on a BOP basis and on services that are seasonally adjusted by geography are shown in exhibit 20. Unlike the seasonal adjustments by commodity and by service type that are applied to the global totals, these adjustments are developed and applied directly at the country and world area levels. For total exports and imports, data users should refer to the by-commodity and by-service type totals shown in the other exhibits. The seasonally adjusted country and world area data will not sum to the seasonally adjusted by-commodity and by-service type totals because the two sets of statistics are derived from different aggregations of the export and import data and from different seasonal adjustment models. Data users should use caution drawing

    – 10 –

  • comparisons between the two sets of seasonally adjusted series. The definitions of the world areas shown in exhibit 20 are consistent with the definitions for goods on a Census basis (see Area groupings above) with a few exceptions. For services, CAFTA-DR is not available because trade with this area’s member countries cannot be separately identified. For goods on a BOP basis and for services, European Union and OPEC reflect the composition of the areas at the time of reporting.

    Revision procedure (goods on a BOP basis and services) Monthly revisions: Each month, a preliminary estimate for the current month and a revised estimate for the immediately preceding month are released. After the initial revision, no further revisions are made to a month until more complete source data become available in March, June, September, and December. Quarterly revisions: The releases in March, June, September, and December contain revised estimates for the previous six months to incorporate more comprehensive and updated source data. Annual revisions: Each June, historical data are revised to incorporate newly available and revised source data, changes in definitions and classifications, and changes in

    estimation methods. Seasonally adjusted data are also revised to reflect recalculated seasonal and trading-day adjustments. Other revisions: The release for December statistical month contains revisions to goods for January through November of the most recent year; the release for January statistical month contains revisions to both goods and services for all months of the most recent year. These revisions result from forcing the seasonally adjusted months to equal the annual totals.

    Data availability The FT-900 and the FT-900 Supplement are available at www.census.gov/ft900 or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services. Census Bureau’s application programming interface (API): The Census Bureau’s API, available at www.census.gov/developers/, lets developers create custom apps to reach new users and makes key demographic, socio-economic, and housing statistics more accessible than ever before. BEA’s data API: BEA’s data API, available at apps.bea.gov/API/signup/index.cfm, provides programmatic access to BEA’s published economic statistics using industry-standard methods and procedures.

    – 11 –

    https://www.census.gov/ft900https://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-serviceshttps://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-serviceshttps://www.census.gov/developers/https://apps.bea.gov/API/signup/index.cfm

  • List of News Release Exhibits Part A: Seasonally Adjusted (by Commodity/Service) 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. Exports of Services by Major Category Exhibit 4. U.S. Imports of Services by Major Category Exhibit 5. U.S. Trade in Goods Exhibit 6. U.S. Trade in Goods by Principal End-Use Category Exhibit 7. U.S. Exports of Goods by End-Use Category and Commodity Exhibit 8. U.S. Imports of Goods by End-Use Category and Commodity Exhibit 9. U.S. Trade in Petroleum and Non-Petroleum Products by End-Use Exhibit 10. Real U.S. Trade in Goods by Principal End-Use Category—Chained (2012) Dollars Exhibit 11. Real U.S. Trade in Petroleum and Non-Petroleum Products by End-Use—Chained (2012) Dollars Part B: Not Seasonally Adjusted Exhibit 12. U.S. Trade in Goods Exhibit 13. U.S. Trade in Goods by Principal End-Use Category Exhibit 14. U.S. Trade in Goods by Selected Countries and Areas: 2019 Exhibit 14a. U.S. Trade in Goods by Selected Countries and Areas: 2018 Exhibit 15. U.S. Trade in Goods by Principal Commodities Exhibit 16. U.S. Trade in Advanced Technology Products Exhibit 16a. U.S. Trade in Advanced Technology Products by Technology Group and Selected Countries and Areas Exhibit 17. U.S. Imports of Energy-Related Petroleum Products, Including Crude Oil Exhibit 17a. U.S. Imports of Crude Oil by Selected Countries Exhibit 18. U.S. Trade in Motor Vehicles and Parts by Selected Countries Part C: Seasonally Adjusted (by Geography) Exhibit 19. U.S. Trade in Goods by Selected Countries and Areas—Census Basis Exhibit 20. U.S. Trade in Goods and Services by Selected Countries and Areas—BOP Basis Exhibit 20a. U.S. Trade in Goods by Selected Countries and Areas—BOP Basis Exhibit 20b. U.S. Trade in Services by Selected Countries and Areas

    – 12 –

  • - BLANK PAGE -

    – 13 –

  • Part A: Seasonally Adjusted (by Commodity/Service)

    Exhibit 1. U.S. International Trade in Goods and ServicesIn 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

    2017

    Jan. - Dec. -550,123 -805,200 255,077 2,352,546 1,553,589 798,957 2,902,669 2,358,789 543,880

    Jan. - July -317,889 -463,607 145,719 1,349,898 891,584 458,314 1,667,786 1,355,191 312,595

    January -46,417 -67,285 20,869 192,190 127,301 64,890 238,607 194,586 44,021

    February -43,103 -64,325 21,222 192,602 127,345 65,256 235,704 191,670 44,034

    March -44,531 -65,585 21,054 192,314 127,034 65,280 236,844 192,619 44,226

    April -47,384 -68,129 20,745 191,562 126,413 65,149 238,946 194,542 44,404

    May -46,684 -66,927 20,243 192,223 126,887 65,336 238,908 193,815 45,093

    June -45,609 -66,168 20,559 194,260 128,376 65,884 239,868 194,544 45,324

    July -44,162 -65,188 21,027 194,747 128,228 66,519 238,908 193,416 45,492

    August -43,689 -65,089 21,400 195,565 128,617 66,948 239,254 193,706 45,548

    September -43,571 -65,306 21,735 198,166 130,283 67,883 241,737 195,589 46,148

    October -45,478 -67,262 21,784 199,315 131,100 68,215 244,792 198,362 46,431

    November -49,120 -71,257 22,137 202,904 134,236 68,667 252,024 205,493 46,531

    December -50,376 -72,678 22,302 206,700 137,770 68,930 257,076 210,448 46,628

    2018

    Jan. - Dec. -627,679 -887,338 259,659 2,501,310 1,674,330 826,980 3,128,989 2,561,667 567,322

    Jan. - July -345,550 -501,248 155,698 1,460,044 977,763 482,281 1,805,595 1,479,012 326,583

    January -52,113 -74,858 22,745 202,575 133,614 68,961 254,689 208,472 46,216

    February -53,818 -75,869 22,051 205,607 136,377 69,231 259,425 212,245 47,180

    March -47,177 -69,989 22,812 209,937 140,742 69,195 257,114 210,731 46,383

    April -48,218 -70,292 22,074 208,883 140,364 68,519 257,102 210,657 46,445

    May -44,352 -66,670 22,318 213,341 144,552 68,789 257,692 211,222 46,471

    June -47,431 -69,434 22,004 210,967 142,172 68,796 258,398 211,606 46,792

    July -52,442 -74,136 21,694 208,734 139,943 68,791 261,175 214,078 47,097

    August -54,889 -76,496 21,607 207,758 138,857 68,901 262,647 215,353 47,294

    September -56,094 -77,270 21,176 209,747 140,745 69,002 265,840 218,015 47,826

    October -56,692 -77,303 20,611 210,124 141,259 68,865 266,816 218,563 48,254

    November -53,647 -74,110 20,463 207,976 139,124 68,852 261,623 213,234 48,389

    December -60,807 -80,910 20,103 205,661 136,581 69,080 266,468 217,491 48,977

    2019

    Jan. - July -373,796 -513,736 139,940 1,456,693 971,811 484,882 1,830,490 1,485,547 344,942

    January (R) -53,141 -73,015 19,875 207,026 138,111 68,915 260,167 211,126 49,040

    February (R) -50,707 -70,922 20,215 209,079 139,739 69,341 259,786 210,661 49,125

    March (R) -52,626 -72,807 20,181 210,864 141,250 69,614 263,490 214,057 49,433

    April (R) -51,979 -71,958 19,979 205,756 136,775 68,981 257,735 208,734 49,002

    May (R) -55,847 -76,069 20,222 210,321 140,840 69,481 266,168 216,909 49,259

    June (R) -55,508 -75,300 19,792 206,245 136,939 69,306 261,753 212,239 49,514

    July -53,989 -73,664 19,675 207,401 138,157 69,244 261,391 211,822 49,569

    August

    September

    October

    November

    December

    June data as published last month:

    -55,154 -75,121 19,967 206,300 137,135 69,166 261,454 212,255 49,199

    (1) Data are presented on a balance of payments (BOP) basis.

    NOTE: For information on data sources and methodology, see the explanatory notes in this release or at www.census.gov/ft900 or

    www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services.

    Period

    – 14 –

  • Part A: Seasonally Adjusted (by Commodity/Service)

    Exhibit 2. U.S. International Trade in Goods and Services

    Three-Month Moving AveragesIn 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

    2017

    January -45,508 -66,039 20,531 189,589 125,308 64,282 235,097 191,347 43,751

    February -44,332 -65,182 20,850 191,960 127,179 64,782 236,292 192,360 43,931

    March -44,683 -65,732 21,048 192,369 127,227 65,142 237,052 192,958 44,094

    April -45,006 -66,013 21,007 192,159 126,931 65,228 237,165 192,944 44,221

    May -46,200 -66,880 20,681 192,033 126,778 65,255 238,233 193,658 44,574

    June -46,559 -67,075 20,516 192,682 127,226 65,456 239,241 194,300 44,940

    July -45,485 -66,095 20,610 193,743 127,830 65,913 239,228 193,925 45,303

    August -44,487 -65,482 20,995 194,857 128,407 66,450 239,344 193,889 45,455

    September -43,807 -65,195 21,387 196,159 129,042 67,117 239,966 194,237 45,729

    October -44,246 -65,886 21,640 197,682 130,000 67,682 241,928 195,885 46,042

    November -46,056 -67,942 21,885 200,128 131,873 68,255 246,184 199,814 46,370

    December -48,325 -70,399 22,074 202,973 134,369 68,604 251,297 204,768 46,530

    2018

    January -50,536 -72,931 22,395 204,060 135,207 68,853 254,596 208,138 46,458

    February -52,102 -74,468 22,366 204,961 135,920 69,041 257,063 210,389 46,675

    March -51,036 -73,572 22,536 206,040 136,911 69,129 257,076 210,483 46,593

    April -49,738 -72,050 22,312 208,142 139,161 68,981 257,880 211,211 46,669

    May -46,582 -68,984 22,401 210,720 141,886 68,834 257,303 210,870 46,433

    June -46,667 -68,799 22,132 211,064 142,363 68,701 257,731 211,162 46,569

    July -48,075 -70,080 22,005 211,014 142,222 68,792 259,089 212,302 46,786

    August -51,587 -73,356 21,768 209,153 140,324 68,829 260,740 213,679 47,061

    September -54,475 -75,967 21,493 208,746 139,848 68,898 263,221 215,816 47,405

    October -55,892 -77,023 21,132 209,210 140,287 68,923 265,101 217,310 47,791

    November -55,477 -76,228 20,750 209,282 140,376 68,906 264,760 216,604 48,156

    December -57,049 -77,441 20,392 207,920 138,988 68,932 264,969 216,429 48,540

    2019

    January (R) -55,865 -76,012 20,147 206,888 137,939 68,949 262,752 213,950 48,802

    February (R) -54,885 -74,949 20,064 207,255 138,143 69,112 262,140 213,093 49,048

    March (R) -52,158 -72,248 20,090 208,990 139,700 69,290 261,148 211,948 49,200

    April (R) -51,770 -71,896 20,125 208,567 139,255 69,312 260,337 211,150 49,187

    May (R) -53,484 -73,611 20,128 208,981 139,622 69,359 262,464 213,233 49,231

    June (R) -54,445 -74,443 19,998 207,441 138,185 69,256 261,885 212,627 49,258

    July -55,115 -75,011 19,896 207,989 138,645 69,344 263,104 213,657 49,447

    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 explanatory notes in this release or at www.census.gov/ft900 or

    www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services.

    Month of

    Moving

    Average

    – 15 –

  • Part A: Seasonally Adjusted (by Commodity/Service)

    Exhibit 3. U.S. Exports of Services by Major CategoryIn millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised.

    PeriodTotal

    Services

    Maintenance

    and Repair

    Services n.i.e.

    Transport

    Travel

    (for all

    purposes

    including

    education) (1)

    Insurance

    Services

    Financial

    Services

    Charges for

    the Use of

    Intellectual

    Property n.i.e.

    Telecommuni-

    cations,

    Computer, and

    Information

    Services

    Other

    Business

    Services

    Government

    Goods and

    Services n.i.e.

    2017

    Jan. - Dec. 798,957 26,880 88,836 210,655 18,015 109,203 126,523 42,001 157,190 19,653

    Jan. - July 458,314 15,907 50,823 121,086 10,276 62,039 73,040 23,813 90,017 11,313

    January 64,890 2,303 7,249 17,255 1,415 8,695 10,353 3,321 12,758 1,541

    February 65,256 2,351 7,202 17,259 1,410 8,691 10,403 3,359 12,954 1,629

    March 65,280 2,369 7,148 17,027 1,423 8,872 10,440 3,382 12,968 1,652

    April 65,149 2,334 7,127 17,293 1,453 8,676 10,465 3,390 12,801 1,610

    May 65,336 2,260 7,180 17,263 1,487 8,915 10,473 3,412 12,747 1,598

    June 65,884 2,187 7,354 17,375 1,524 9,105 10,465 3,449 12,807 1,617

    July 66,519 2,103 7,564 17,614 1,565 9,086 10,441 3,500 12,981 1,666

    August 66,948 2,123 7,363 17,681 1,583 9,339 10,467 3,554 13,148 1,690

    September 67,883 2,133 7,687 17,944 1,580 9,391 10,542 3,610 13,307 1,689

    October 68,215 2,194 7,625 17,847 1,555 9,527 10,677 3,668 13,459 1,664

    November 68,667 2,219 7,636 18,016 1,526 9,531 10,819 3,688 13,582 1,650

    December 68,930 2,304 7,703 18,080 1,495 9,376 10,978 3,669 13,677 1,647

    2018

    Jan. - Dec. 826,980 30,968 92,852 214,680 17,466 112,015 128,748 43,196 165,821 21,235

    Jan. - July 482,281 17,444 54,616 126,118 10,027 65,511 76,035 24,745 95,382 12,403

    January 68,961 2,356 7,620 18,042 1,460 9,326 11,147 3,611 13,744 1,655

    February 69,231 2,426 7,818 18,135 1,432 9,270 11,178 3,564 13,720 1,688

    March 69,195 2,522 7,830 18,229 1,412 9,263 11,061 3,527 13,604 1,746

    April 68,519 2,529 7,814 17,922 1,398 9,330 10,797 3,502 13,398 1,829

    May 68,789 2,539 7,920 18,077 1,406 9,463 10,638 3,495 13,388 1,862

    June 68,796 2,513 7,870 17,965 1,435 9,505 10,582 3,508 13,573 1,844

    July 68,791 2,558 7,745 17,748 1,485 9,354 10,632 3,539 13,955 1,777

    August 68,901 2,641 7,585 17,654 1,510 9,382 10,640 3,582 14,164 1,742

    September 69,002 2,658 7,767 17,611 1,511 9,267 10,607 3,639 14,201 1,741

    October 68,865 2,711 7,686 17,633 1,488 9,264 10,537 3,708 14,066 1,772

    November 68,852 2,731 7,632 17,731 1,471 9,264 10,482 3,752 14,001 1,789

    December 69,080 2,784 7,565 17,932 1,458 9,327 10,448 3,770 14,007 1,789

    2019

    Jan. - July 484,882 18,948 53,743 125,356 10,225 63,987 73,244 26,773 100,807 11,797

    January (R) 68,915 2,710 7,555 17,876 1,468 9,175 10,511 3,791 14,202 1,629

    February (R) 69,341 2,646 7,768 18,105 1,470 9,056 10,534 3,805 14,332 1,625

    March (R) 69,614 2,706 7,707 18,275 1,467 9,089 10,526 3,812 14,398 1,635

    April (R) 68,981 2,622 7,675 17,770 1,456 9,064 10,488 3,812 14,399 1,696

    May (R) 69,481 2,727 7,759 17,930 1,452 9,179 10,445 3,824 14,427 1,739

    June (R) 69,306 2,773 7,689 17,723 1,453 9,193 10,397 3,847 14,483 1,748

    July 69,244 2,764 7,591 17,678 1,460 9,232 10,344 3,882 14,567 1,725

    August

    September

    October

    November

    December

    June data as published last month:

    69,166 2,895 7,696 17,451 1,422 9,430 10,326 3,797 14,281 1,868

    n.i.e. Not included elsewhere

    (1) All travel purposes include 1) business travel, including expenditures by border, seasonal, and other short-term workers and 2) personal travel, including health-related and

    education-related travel.

    NOTE: For information on data sources, methodology, and definitions, see the explanatory notes in this release or at www.census.gov/ft900 or

    www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services.

    – 16 –

    http://www.bea.gov/newsreleases/international/trade/tradnewsrelease.htm.

  • Part A: Seasonally Adjusted (by Commodity/Service)

    Exhibit 4. U.S. Imports of Services by Major CategoryIn millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised.

    PeriodTotal

    Services

    Maintenance

    and Repair

    Services n.i.e.

    Transport

    Travel

    (for all

    purposes

    including

    education) (1)

    Insurance

    Services

    Financial

    Services

    Charges for

    the Use of

    Intellectual

    Property n.i.e.

    Telecommuni-

    cations,

    Computer, and

    Information

    Services

    Other

    Business

    Services

    Government

    Goods and

    Services n.i.e.

    2017

    Jan. - Dec. 543,880 8,400 101,756 134,868 50,599 28,957 53,440 39,628 104,185 22,047

    Jan. - July 312,595 4,977 59,025 77,479 29,555 16,382 30,060 22,907 59,372 12,839

    January 44,021 735 8,428 10,909 4,166 2,209 4,159 3,265 8,314 1,836

    February 44,034 706 8,374 10,940 4,084 2,251 4,216 3,297 8,327 1,841

    March 44,226 711 8,362 10,943 4,100 2,336 4,270 3,298 8,368 1,838

    April 44,404 710 8,360 10,983 4,215 2,281 4,323 3,267 8,439 1,826

    May 45,093 718 8,495 11,223 4,295 2,401 4,357 3,253 8,528 1,823

    June 45,324 707 8,488 11,240 4,342 2,458 4,370 3,255 8,635 1,829

    July 45,492 689 8,519 11,242 4,354 2,446 4,364 3,273 8,761 1,844

    August 45,548 661 8,326 11,285 4,351 2,501 4,430 3,295 8,851 1,849

    September 46,148 692 8,590 11,351 4,333 2,542 4,569 3,321 8,903 1,846

    October 46,431 685 8,579 11,462 4,300 2,521 4,782 3,350 8,919 1,834

    November 46,531 702 8,541 11,558 4,157 2,525 4,844 3,371 8,998 1,834

    December 46,628 683 8,693 11,733 3,905 2,486 4,756 3,384 9,142 1,845

    2018

    Jan. - Dec. 567,322 8,718 108,202 144,463 42,485 31,298 56,117 41,190 111,874 22,975

    Jan. - July 326,583 4,886 61,780 82,848 24,130 18,170 32,626 23,561 65,259 13,322

    January 46,216 689 8,607 11,683 3,543 2,570 4,517 3,387 9,350 1,869

    February 47,180 690 8,752 11,792 3,346 2,557 5,342 3,381 9,432 1,887

    March 46,383 691 8,748 12,049 3,315 2,589 4,340 3,364 9,389 1,898

    April 46,445 681 8,935 11,820 3,449 2,622 4,479 3,337 9,221 1,903

    May 46,471 687 8,927 11,796 3,515 2,616 4,511 3,334 9,174 1,910

    June 46,792 707 8,888 11,810 3,515 2,634 4,713 3,356 9,249 1,921

    July 47,097 742 8,922 11,898 3,447 2,581 4,725 3,403 9,445 1,934

    August 47,294 768 8,984 12,065 3,453 2,612 4,507 3,448 9,517 1,939

    September 47,826 776 9,319 12,185 3,533 2,583 4,539 3,491 9,463 1,936

    October 48,254 772 9,328 12,250 3,685 2,670 4,806 3,533 9,284 1,925

    November 48,389 733 9,237 12,470 3,802 2,654 4,818 3,566 9,185 1,923

    December 48,977 782 9,555 12,643 3,882 2,608 4,821 3,591 9,166 1,931

    2019

    Jan. - July 344,942 5,138 64,237 87,997 27,788 19,973 33,383 24,286 68,242 13,898

    January (R) 49,040 700 9,458 12,539 3,883 2,779 4,775 3,478 9,529 1,900

    February (R) 49,125 691 9,253 12,585 3,891 2,792 4,746 3,418 9,752 1,996

    March (R) 49,433 772 9,214 12,675 3,905 2,880 4,735 3,413 9,833 2,007

    April (R) 49,002 715 8,966 12,577 3,926 2,856 4,741 3,460 9,773 1,987

    May (R) 49,259 724 9,171 12,512 3,974 2,878 4,760 3,493 9,753 1,994

    June (R) 49,514 767 9,150 12,578 4,051 2,891 4,791 3,511 9,772 2,002

    July 49,569 770 9,025 12,532 4,157 2,897 4,834 3,513 9,830 2,012

    August

    September

    October

    November

    December

    June data as published last month:

    49,199 812 9,092 12,573 4,086 2,765 4,856 3,696 9,331 1,988

    n.i.e. Not included elsewhere

    (1) All travel purposes include 1) business travel, including expenditures by border, seasonal, and other short-term workers and 2) personal travel, including health-related and

    education-related travel.

    NOTE: For information on data sources, methodology, and definitions, see the explanatory notes in this release or at www.census.gov/ft900 or

    www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services.

    – 17 –

  • Part A: Seasonally Adjusted (by Commodity/Service)

    Exhibit 5. U.S. Trade in GoodsIn millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised.

    Balance Exports Imports

    Total Balance

    of Payments

    Basis

    Total Census

    Basis

    Total Balance

    of Payments

    Basis

    Net

    Adjustments

    Total Census

    Basis

    Total Balance

    of Payments

    Basis

    Net

    Adjustments

    Total Census

    Basis

    2017

    Jan. - Dec. -805,200 -793,411 1,553,589 7,116 1,546,473 2,358,789 18,905 2,339,884Jan. - July -463,607 -456,235 891,584 3,952 887,632 1,355,191 11,325 1,343,867

    January -67,285 -66,159 127,301 580 126,721 194,586 1,707 192,880

    February -64,325 -63,274 127,345 624 126,721 191,670 1,675 189,995

    March -65,585 -64,484 127,034 613 126,420 192,619 1,715 190,904

    April -68,129 -67,112 126,413 531 125,882 194,542 1,548 192,994

    May -66,927 -65,879 126,887 508 126,379 193,815 1,556 192,259

    June -66,168 -65,118 128,376 531 127,845 194,544 1,581 192,963

    July -65,188 -64,210 128,228 565 127,663 193,416 1,543 191,873

    August -65,089 -64,096 128,617 586 128,030 193,706 1,579 192,127

    September -65,306 -64,317 130,283 488 129,794 195,589 1,477 194,111

    October -67,262 -66,443 131,100 614 130,485 198,362 1,433 196,928

    November -71,257 -70,493 134,236 756 133,480 205,493 1,520 203,973

    December -72,678 -71,826 137,770 718 137,052 210,448 1,570 208,878

    2018

    Jan. - Dec. -887,338 -874,814 1,674,330 8,338 1,665,992 2,561,667 20,862 2,540,806Jan. - July -501,248 -494,457 977,763 5,036 972,728 1,479,012 11,827 1,467,185

    January -74,858 -73,904 133,614 742 132,872 208,472 1,696 206,776

    February -75,869 -75,014 136,377 732 135,644 212,245 1,587 210,658

    March -69,989 -69,084 140,742 673 140,069 210,731 1,579 209,153

    April -70,292 -69,305 140,364 715 139,649 210,657 1,703 208,954

    May -66,670 -65,631 144,552 799 143,753 211,222 1,837 209,384

    June -69,434 -68,462 142,172 669 141,502 211,606 1,642 209,964

    July -74,136 -73,057 139,943 705 139,238 214,078 1,784 212,295

    August -76,496 -75,271 138,857 681 138,176 215,353 1,907 213,447

    September -77,270 -76,235 140,745 672 140,073 218,015 1,706 216,309

    October -77,303 -76,148 141,259 697 140,562 218,563 1,852 216,710

    November -74,110 -72,913 139,124 672 138,452 213,234 1,869 211,365

    December -80,910 -79,790 136,581 580 136,001 217,491 1,700 215,791

    2019

    Jan. - July -513,736 -505,965 971,811 4,295 967,516 1,485,547 12,066 1,473,481

    January (R) -73,015 -71,918 138,111 557 137,553 211,126 1,655 209,472

    February (R) -70,922 -69,877 139,739 710 139,029 210,661 1,755 208,906

    March (R) -72,807 -71,804 141,250 686 140,564 214,057 1,689 212,368

    April (R) -71,958 -70,931 136,775 698 136,077 208,734 1,725 207,009

    May (R) -76,069 -74,802 140,840 606 140,234 216,909 1,873 215,036

    June (R) -75,300 -74,177 136,939 490 136,449 212,239 1,614 210,626

    July -73,664 -72,456 138,157 548 137,610 211,822 1,756 210,065

    August

    September

    October

    November

    December

    June data as published last month:

    -75,121 -74,161 137,135 683 136,452 212,255 1,643 210,613

    NOTE: For information on data sources, nonsampling errors, definitions, and details concerning what is included in Net Adjustments, see the explanatory notes in

    this release or at www.census.gov/ft900 or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services.

    Period

    – 18 –

  • Part A: Seasonally Adjusted (by Commodity/Service)

    Exhibit 6. U.S. Trade in Goods by Principal End-Use CategoryIn millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised.

    End-Use Commodity Category

    Foods, Feeds,

    & Beverages

    Industrial

    Supplies (2)Capital Goods

    Automotive

    Vehicles, etc.

    Consumer

    GoodsOther Goods

    Exports

    2018

    Jan. - Dec. 1,674,330 8,338 1,665,992 133,176 541,736 562,918 158,839 205,979 63,344

    Jan. - July 977,763 5,036 972,728 81,378 313,838 326,818 95,174 118,843 36,677

    January 133,614 742 132,872 10,449 41,071 45,270 13,503 17,676 4,903

    February 136,377 732 135,644 10,569 43,086 46,077 14,274 16,582 5,056

    March 140,742 673 140,069 11,069 45,045 47,595 13,979 17,082 5,298

    April 140,364 715 139,649 11,488 45,816 46,165 13,868 17,216 5,094

    May 144,552 799 143,753 13,087 45,353 48,075 13,587 17,655 5,995

    June 142,172 669 141,502 12,698 46,608 47,311 12,937 16,483 5,466

    July 139,943 705 139,238 12,019 46,858 46,323 13,025 16,149 4,864

    August 138,857 681 138,176 11,324 44,648 46,614 12,848 17,521 5,221

    September 140,745 672 140,073 10,486 46,657 47,325 12,991 17,598 5,016

    October 141,259 697 140,562 10,001 47,255 47,210 12,796 17,781 5,519

    November 139,124 672 138,452 10,058 45,318 48,098 12,552 17,098 5,328

    December 136,581 580 136,001 9,929 44,019 46,853 12,479 17,137 5,582

    2019

    Jan. - July 971,811 4,295 967,516 79,722 307,890 323,337 95,431 122,422 38,715

    January (R) 138,111 557 137,553 11,007 43,755 46,267 13,464 17,585 5,475

    February (R) 139,739 710 139,029 10,631 43,112 48,329 13,887 17,694 5,376

    March (R) 141,250 686 140,564 11,099 44,661 47,419 13,924 17,855 5,606

    April (R) 136,775 698 136,077 11,211 44,602 44,724 13,172 17,290 5,077

    May (R) 140,840 606 140,234 11,971 44,371 46,048 13,796 18,106 5,941

    June (R) 136,939 490 136,449 12,023 44,551 44,859 13,286 16,171 5,558

    July 138,157 548 137,610 11,779 42,837 45,690 13,901 17,720 5,682

    August

    September

    October

    NovemberDecember

    Imports

    2018

    Jan. - Dec. 2,561,667 20,862 2,540,806 147,369 575,623 692,611 372,217 646,797 106,190

    Jan. - July 1,479,012 11,827 1,467,185 85,776 334,824 400,938 213,555 372,744 59,347

    January 208,472 1,696 206,776 11,857 46,976 55,719 30,469 53,479 8,276

    February 212,245 1,587 210,658 12,404 47,149 57,289 30,882 54,994 7,940

    March 210,731 1,579 209,153 12,268 47,207 56,652 30,783 54,168 8,074

    April 210,657 1,703 208,954 12,283 47,863 57,256 30,231 52,252 9,068

    May 211,222 1,837 209,384 12,355 47,997 58,555 29,972 51,886 8,620

    June 211,606 1,642 209,964 12,188 48,550 57,448 30,364 53,030 8,385

    July 214,078 1,784 212,295 12,420 49,082 58,020 30,854 52,935 8,984

    August 215,353 1,907 213,447 12,304 49,438 57,740 31,620 53,342 9,004

    September 218,015 1,706 216,309 12,173 49,178 59,724 31,263 54,729 9,241

    October 218,563 1,852 216,710 12,319 49,119 57,062 31,792 56,485 9,934

    November 213,234 1,869 211,365 12,227 46,397 57,552 32,018 53,707 9,463

    December 217,491 1,700 215,791 12,569 46,666 59,595 31,969 55,790 9,201

    2019

    Jan. - July 1,485,547 12,066 1,473,481 88,301 309,900 396,731 224,826 387,142 66,581

    January (R) 211,126 1,655 209,472 12,290 43,922 57,107 31,768 55,596 8,789

    February (R) 210,661 1,755 208,906 11,924 42,702 57,086 31,659 56,125 9,410

    March (R) 214,057 1,689 212,368 12,987 45,180 57,357 31,889 55,394 9,562

    April (R) 208,734 1,725 207,009 12,843 44,593 55,614 30,908 54,296 8,755

    May (R) 216,909 1,873 215,036 12,786 46,348 57,248 33,233 55,648 9,773

    June (R) 212,239 1,614 210,626 12,699 43,148 56,913 32,631 54,740 10,495

    July 211,822 1,756 210,065 12,770 44,008 55,408 32,738 55,344 9,797

    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, definitions, and details concerning what is included in Net Adjustments, see the explanatory notes in this

    release or at www.census.gov/ft900 or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services.

    Period

    Total Balance

    of Payments

    Basis

    Net

    Adjustments

    Total Census

    Basis (1)

    – 19 –

  • Part A: Seasonally Adjusted (by Commodity/Service)

    Exhibit 7. U.S. Exports of Goods by End-Use Category and Commodity

    July June Monthly Year-to-Date Year-to-Date Year-to-Date

    2019 2019 (R) Change 2019 2018 Change

    Total, Balance of Payments Basis 138,157 136,939 1,218 971,811 977,763 -5,952

    Net Adjustments 548 490 58 4,295 5,036 -741

    Total, Census Basis 137,610 136,449 1,161 967,516 972,728 -5,212

    Foods, feeds, and beverages 11,779 12,023 -244 79,722 81,378 -1,657

    Soybeans 2,655 2,832 -176 14,283 13,487 796Wheat 445 508 -63 3,789 3,029 760Corn 605 656 -51 5,620 7,944 -2,323Wine, beer, and related products 154 188 -33 1,322 1,357 -35Fish and shellfish 411 444 -32 3,199 3,524 -325Sorghum, barley, oats 36 66 -30 309 669 -360Bakery products 510 532 -23 3,647 3,679 -32Rice 156 172 -16 1,121 1,021 100Nonagricultural foods, etc. 32 35 -3 226 256 -30Nuts 856 856 -1 6,000 5,566 435Meat, poultry, etc. 1,767 1,767 (-) 11,621 11,807 -186Dairy products and eggs 388 386 2 2,776 2,762 14Oilseeds, food oils 185 182 3 1,383 1,571 -189Other foods 1,308 1,296 12 9,182 8,705 477Alcoholic beverages, excluding wine 175 158 18 1,214 1,426 -212Vegetables 621 589 32 4,180 3,963 217Fruits, frozen juices 725 684 41 4,802 5,240 -438Animal feeds, n.e.c. 748 673 75 5,048 5,374 -326

    Industrial supplies and materials 42,837 44,551 -1,714 307,890 313,838 -5,948

    Crude oil 5,092 5,603 -510 36,060 26,396 9,664Metallurgical grade coal 520 751 -231 4,753 5,298 -545Fuel oil 3,358 3,583 -226 23,702 24,861 -1,159Petroleum products, other 4,317 4,535 -217 32,413 36,997 -4,584Natural gas liquids 1,386 1,564 -178 10,517 10,745 -228Chemicals-organic 2,450 2,569 -118 17,376 18,028 -652Chemicals-other 2,709 2,818 -110 19,406 19,416 -10Plastic materials 3,098 3,171 -73 21,864 21,931 -68Nonferrous metals, other 664 733 -69 5,058 5,052 6Steelmaking materials 733 794 -61 4,754 4,959 -205Copper 565 622 -57 4,166 4,032 134Agric. farming-unmanufactured 246 300 -54 2,040 2,007 34Coal and fuels, other 510 550 -40 3,893 4,401 -508Chemicals-fertilizers 668 706 -39 5,155 5,084 71Agric. industry-unmanufactured 288 325 -37 2,304 2,469 -164Chemicals-inorganic 781 815 -34 5,660 5,883 -223Shingles, molding, wallboard 369 401 -32 2,743 2,938 -195Logs and lumber 423 452 -28 3,186 4,311 -1,126Pulpwood and woodpulp 701 723 -22 5,252 5,412 -159Mineral supplies-manufactured 553 572 -19 4,028 4,043 -15Finished textile supplies 235 250 -16 1,771 1,889 -117Industrial rubber products 374 387 -13 2,690 2,783 -93Cotton fiber cloth 169 180 -11 1,244 1,252 -8Finished metal shapes 1,654 1,664 -10 11,901 11,820 82Agriculture-manufactured, other 264 273 -9 1,982 1,991 -9Nuclear fuel materials 30 39 -9 305 533 -228Wood supplies, manufactured 88 93 -5 647 633 15Glass-plate, sheet, etc. 114 119 -5 797 805 -9Hides and skins 66 71 -5 621 900 -280Nontextile floor tiles 41 43 -2 305 315 -10Nonmetallic minerals 63 64 -1 501 607 -106Tapes, audio and visual 15 16 -1 75 80 -6Hair, waste materials 50 47 3 349 364 -15Cotton, raw 606 603 3 3,595 4,098 -504Leather and furs 66 62 4 466 544 -78Newsprint 1,019 1,014 5 7,574 8,187 -614Aluminum and alumina 612 605 6 4,457 5,137 -680Electric energy 22 14 7 263 198 64Synthetic rubber-primary 264 250 14 1,831 2,089 -257Iron and steel mill products 669 654 15 4,691 5,870 -1,179Iron and steel products, other 513 497 17 3,656 4,063 -407Nonmonetary gold 1,356 1,339 17 9,874 13,324 -3,450Manmade cloth 581 564 17 3,929 4,013 -84Tobacco, unmanufactured 119 78 41 567 685 -118Other industrial supplies 2,344 2,276 68 16,196 16,614 -417Gas-natural 1,154 1,026 127 7,793 5,617 2,176Precious metals, other 920 738 182 5,478 5,163 315

    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)

    – 20 –

  • Part A: Seasonally Adjusted (by Commodity/Service)

    Exhibit 7. U.S. Exports of Goods by End-Use Category and Commodity

    July June Monthly Year-to-Date Year-to-Date Year-to-Date

    2019 2019 (R) Change 2019 2018 Change

    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)

    Capital goods, except automotive 45,690 44,859 831 323,337 326,818 -3,480

    Drilling & oilfield equipment 1,070 472 598 3,173 2,395 778Civilian aircraft 3,926 3,669 257 27,950 31,711 -3,761Medicinal equipment 3,207 3,086 121 22,322 21,736 585Railway transportation equipment 381 296 85 2,239 1,951 287Parts-civilian aircraft 2,206 2,124 82 15,097 13,774 1,323Measuring, testing, control instruments 2,053 1,988 65 14,689 15,120 -431Wood, glass, plastic 411 353 57 2,442 2,634 -192Generators, accessories 1,038 985 54 7,104 6,941 163Industrial engines 2,133 2,082 51 14,766 14,672 94Materials handling equipment 972 927 45 7,316 7,111 205Textile, sewing machines 108 79 29 650 645 5Specialized mining 120 93 27 722 603 119Commercial vessels, other 36 22 14 203 433 -229Agricultural machinery, equipment 585 576 9 4,549 4,665 -116Photo, service industry machinery 832 825 8 6,012 6,141 -128Excavating machinery 867 862 5 6,476 6,576 -101Vessels, excluding scrap 9 5 4 113 55 58Spacecraft, excluding military 6 4 2 37 42 -5Laboratory testing instruments 960 960 (-) 7,059 7,254 -196Pulp and paper machinery 187 189 -2 1,302 1,405 -103Business machines and equipment 180 183 -3 1,342 1,453 -110Food, tobacco machinery 298 303 -4 2,168 2,076 92Marine engines, parts 100 112 -12 730 767 -37Industrial machines, other 4,567 4,580 -12 32,761 35,685 -2,924Electric apparatus 3,636 3,650 -15 25,667 26,986 -1,319Metalworking machine tools 529 554 -26 3,932 4,354 -422Nonfarm tractors and parts 271 305 -34 2,004 1,962 43Semiconductors 4,103 4,149 -46 28,315 28,329 -14Computers 1,355 1,406 -50 9,677 9,403 274Engines-civilian aircraft 4,395 4,527 -132 31,905 28,583 3,322Telecommunications equipment 2,879 3,046 -166 21,295 21,633 -338Computer accessories 2,269 2,450 -181 19,321 19,724 -403

    Automotive vehicles, parts, and engines 13,901 13,286 615 95,431 95,174 257

    Passenger cars, new and used 4,908 4,233 676 31,462 31,044 418Trucks, buses, and special purpose vehicles 1,862 1,778 84 14,011 12,818 1,193Bodies and chassis for passenger cars 77 64 13 420 663 -243Automotive tires and tubes 280 293 -13 2,095 2,116 -21Engines and engine parts 1,848 1,897 -49 12,689 12,466 223Other parts and accessories of vehicles 4,925 5,021 -95 34,754 36,067 -1,313

    Consumer goods 17,720 16,171 1,549 122,422 118,843 3,578

    Pharmaceutical preparations 5,782 4,591 1,190 35,701 30,583 5,118Artwork, antiques, stamps, etc. 1,198 947 251 7,602 8,145 -543Gem diamonds 1,548 1,433 115 13,017 13,027 -10Cell phones and other household goods, n.e.c. 2,289 2,212 77 15,853 15,655 198Apparel, household goods - textile 609 581 28 4,178 4,036 141Other consumer nondurables 571 556 15 4,034 4,266 -232Rugs 80 71 8 541 568 -27Stereo equipment, etc. 170 163 7 1,145 1,143 3Sports apparel and gear 74 68 7 481 441 40Numismatic coins 79 73 6 540 553 -13Nursery stock, etc. 40 36 5 264 268 -4Apparel,household goods-nontextile 285 281 4 1,951 1,918 33Cookware, cutlery, tools 98 95 3 688 707 -19Recorded media 146 148 -1 996 1,016 -20Books, printed matter 333 335 -1 2,443 2,507 -64Household appliances 493 496 -3 3,558 3,773 -215Glassware, chinaware 45 53 -8 324 346 -23Musical instruments 171 181 -10 1,209 1,200 8Pleasure boats and motors 158 172 -13 1,438 1,448 -10Tobacco, manufactured 100 115 -16 655 718 -63Furniture, household goods, etc. 406 422 -16 2,905 2,894 11Toiletries and cosmetics 1,149 1,172 -22 8,157 7,753 404Televisions and video equipment 347 371 -24 2,543 2,738 -195Toys, games, and sporting goods 752 778 -25 5,478 6,012 -534Jewelry, etc. 796 823 -27 6,722 7,126 -405

    Other goods 5,682 5,558 124 38,715 36,677 2,038

    (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, definitions, and details concerning what is included in Net Adjustments, see the

    explanatory notes in this release or at www.census.gov/ft900 or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services.

    – 21 –

  • Part A: Seasonally Adjusted (by Commodity/Service)

    Exhibit 8. U.S. Imports of Goods by End-Use Category and Commodity

    July June Monthly Year-to-Date Year-to-Date Year-to-Date

    2019 2019 (R) Change 2019 2018 Change

    Total, Balance of Payments Basis 211,822 212,239 -418 1,485,547 1,479,012 6,536

    Net Adjustments 1,756 1,614 143 12,066 11,827 239

    Total, Census Basis 210,065 210,626 -560 1,473,481 1,467,185 6,297

    Foods, feeds, and beverages 12,770 12,699 72 88,301 85,776 2,525

    Alcoholic beverages, excluding wine 885 801 84 5,660 4,945 715Food oils, oilseeds 527 462 66 3,518 4,119 -601Feedstuff and foodgrains 520 484 37 3,728 3,936 -208Vegetables 1,202 1,175 27 8,143 7,789 353Bakery products 1,063 1,043 19 7,314 6,775 539Tea, spices, etc. 215 201 14 1,533 1,580 -48Dairy products and eggs 214 204 10 1,366 1,275 92Cocoa beans 56 49 6 632 675 -43Wine, beer, and related products 1,071 1,071 (-) 7,177 6,969 208Nonagricultural foods, etc. 90 91 -1 663 641 23Other foods 1,654 1,656 -2 11,413 10,533 880Nuts 243 257 -14 1,975 2,134 -159Green coffee 420 436 -16 2,659 2,612 47Meat products 935 954 -19 6,914 6,667 247Cane and beet sugar 108 147 -38 907 963 -56Fruits, frozen juices 1,749 1,793 -45 11,793 11,171 622Fish and shellfish 1,819 1,875 -57 12,908 12,991 -84

    Industrial supplies and materials 44,008 43,148 860 309,900 334,824 -24,925

    Petroleum products, other 3,813 2,860 953 23,053 21,970 1,083Fuel oil 2,270 2,000 270 14,855 15,772 -916Chemicals-fertilizers 1,109 844 265 7,014 6,611 402Chemicals-organic 2,330 2,111 219 15,848 17,511 -1,663Bauxite and aluminum 1,399 1,201 198 8,635 9,834 -1,199Nonmonetary gold 785 632 153 4,233 6,004 -1,771Iron and steel mill products 1,470 1,346 124 10,573 12,138 -1,566Shingles, wallboard 969 903 66 6,653 7,007 -353Copper 488 429 59 2,935 4,011 -1,075Other precious metals 1,004 951 52 6,191 6,322 -131Finished metal shapes 1,767 1,716 50 12,386 12,033 353Gas-natural 467 419 48 4,214 3,975 238Sulfur, nonmetallic minerals 129 98 31 809 862 -53Plywood and veneers 281 253 28 1,820 2,313 -492Nontextile floor tiles 500 476 24 3,316 3,259 56Tin 61 47 14 471 457 15Electric energy 165 152 13 1,165 1,309 -143Blank tapes, audio & visual 28 17 11 176 227 -51Farming materials, livestock 154 147 7 1,055 1,026 29Hair, waste materials 89 82 7 643 656 -13Leather and furs 49 43 6 355 421 -66Nuclear fuel materials 279 273 6 1,867 1,594 274Glass-plate, sheet, etc. 160 157 3 1,142 1,211 -69Chemicals-other, n.e.c. 1,149 1,146 3 8,137 7,996 141Hides and skins 7 5 2 27 29 -3Newsprint 64 62 2 458 520 -62Materials, excluding chemicals 132 131 1 944 899 45Wool, silk, etc. 52 52 1 388 410 -21Cotton, natural fibers 7 6 (-) 53 52 (-)Synthetic cloth 454 455 (-) 3,289 3,480 -191Chemicals-inorganic 738 738 (-) 5,434 5,197 237Synthetic rubber--primary 247 247 -1 1,830 1,713 118Industrial supplies, other 3,052 3,054 -2 22,082 21,684 398Iron and steel, advanced 981 984 -2 7,001 6,757 244Iron and steel products, n.e.c. 760 763 -3 5,441 5,849 -408Cotton cloth, fabrics 72 76 -4 619 643 -24Liquefied petroleum gases 141 148 -6 1,721 1,835 -114Coal and related fuels 171 179 -8 1,026 804 222Zinc 185 195 -10 1,286 1,483 -198Finished textile supplies 424 440 -16 3,094 3,102 -8Paper and paper products 655 675 -20 4,874 4,710 164Pulpwood and woodpulp 243 273 -30 2,330 2,147 183Lumber 435 467 -32 3,497 4,588 -1,091Stone, sand, cement, etc. 519 554 -35 3,679 3,839 -159Nickel 145 183 -38 1,239 1,436 -197Natural rubber 99 137 -38 864 911 -46Nonferrous metals, other 307 352 -44 2,697 2,886 -188Plastic materials 1,444 1,497 -53 10,628 11,299 -670Tobacco, waxes, etc. 721 774 -53 5,087 5,210 -123Steelmaking materials 542 750 -208 5,067 5,569 -503Crude oil 10,497 11,649 -1,153 77,699 93,256 -15,557

    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)

    – 22 –

  • Part A: Seasonally Adjusted (by Commodity/Service)

    Exhibit 8. U.S. Imports of Goods by End-Use Category and Commodity

    July June Monthly Year-to-Date Year-to-Date Year-to-Date

    2019 2019 (R) Change 2019 2018 Change

    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)

    Capital goods, except automotive 55,408 56,913 -1,506 396,731 400,938 -4,207

    Computers 6,068 7,475 -1,406 46,468 45,312 1,156Semiconductors 4,214 4,417 -203 29,908 31,465 -1,557Telecommunications equipment 4,986 5,148 -162 35,771 43,662 -7,891Industrial machines, other 5,263 5,408 -145 36,494 34,791 1,703Generators, accessories 2,058 2,184 -126 14,803 14,627 176Engines-civilian aircraft 2,287 2,412 -125 17,229 13,346 3,883Spacecraft, excluding military 3 69 -66 105 123 -18Industrial engines 2,240 2,291 -51 15,998 15,534 464Civilian aircraft 1,072 1,118 -47 8,261 7,372 889Nonfarm tractors and parts 69 76 -7 592 686 -94Drilling & oilfield equipment 445 447 -2 3,636 3,926 -290Marine engines, parts 88 88 (-) 654 790 -136Vessels, except scrap (-) (-) (-) 1 7 -6Commercial vessels, other 13 12 1 168 178 -10Textile, sewing machines 198 194 4 1,313 1,290 23Business machines and equipment 423 417 6 3,009 3,024 -15Food, tobacco machinery 375 368 6 2,532 2,466 65Materials handling equipment 1,616 1,608 8 11,679 11,297 382Specialized mining 90 80 10 604 490 114Metalworking machine tools 1,082 1,070 12 7,725 7,794 -69Railway transportation equipment 157 143 14 1,075 1,019 55Pulp and paper machinery 537 514 23 3,794 3,535 259Measuring, testing, control instruments 1,974 1,932 42 13,418 13,562 -144Laboratory testing instruments 655 610 45 4,437 4,705 -268Excavating machinery 1,312 1,259 53 9,263 8,153 1,110Medicinal equipment 3,843 3,781 61 26,562 24,132 2,430Electric apparatus 4,657 4,593 64 32,778 33,436 -658Parts-civilian aircraft 1,607 1,541 66 11,865 10,855 1,010Agricultural machinery, equipment 910 842 67 6,500 6,075 425Wood, glass, plastic 771 699 72 5,433 5,754 -321Computer accessories 4,356 4,273 82 31,080 38,091 -7,011Photo, service industry machinery 2,040 1,844 196 13,573 13,438 135

    Automotive vehicles, parts, and engines 32,738 32,631 106 224,826 213,555 11,271

    Other parts and accessories of vehicles 9,660 9,269 391 65,719 64,789 929Trucks, buses, and special purpose vehicles 4,230 4,107 123 27,533 22,444 5,090Engines and engine parts 2,526 2,455 71 17,188 17,611 -423Automotive tires and tubes 1,104 1,043 60 7,723 7,280 443Bodies and chassis for trucks and buses 73 69 5 506 585 -79Bodies and chassis for passenger cars 3 4 -1 15 12 3Passenger cars, new and used 15,141 15,684 -543 106,143 100,835 5,308

    Consumer goods 55,344 54,740 604 387,142 372,744 14,398

    Cell phones and other household goods, n.e.c. 8,633 8,118 514 64,717 64,047 670Toys, games, and sporting goods 3,671 3,181 490 22,133 21,951 182Furniture, household goods, etc. 3,211 2,980 231 21,843 22,648 -805Apparel, textiles, nonwool or cotton 4,729 4,597 132 32,210 30,035 2,174Camping apparel and gear 1,175 1,097 79 8,015 7,591 424Household appliances 2,566 2,514 52 17,820 17,428 392Toiletries and cosmetics 1,044 1,009 35 7,370 7,317 53Stereo equipment, etc 530 500 30 3,600 3,490 110Gem stones, other 270 245 25 2,039 2,148 -109Other consumer nondurables 1,352 1,329 23 9,509 9,183 326Glassware, chinaware 235 219 17 1,562 1,556 6Pleasure boats and motors 350 334 16 2,274 2,069 205Numismatic coins 75 59 16 583 574 9Recorded media 76 63 14 475 456 18Apparel,household goods-nontextile 754 745 9 5,481 5,725 -244Musical instruments 165 158 7 1,163 1,063 100Photo equipment 396 389 7 2,527 2,424 104Rugs 227 221 7 1,647 1,780 -133Nursery stock, etc. 186 185 (-) 1,287 1,200 87Motorcycles and parts 288 294 -6 1,877 1,924 -48Cookware, cutlery, tools 949 961 -12 6,485 6,051 433Footwear 1,674 1,691 -17 11,653 11,139 514Apparel, household goods - wool 265 283 -18 1,729 1,588 142Books, printed matter 356 380 -24 2,547 2,334 214Gem diamonds 1,499 1,544 -45 12,290 13,729 -1,438Pharmaceutical preparations 12,718 12,780 -62 85,781 77,450 8,331Jewelry 1,087 1,177 -90 8,017 8,025 -9Apparel, household goods - cotton 3,682 3,878 -196 26,827 25,886 941Televisions and video equipment 1,998 2,301 -304 15,339 13,899 1,440Artwork, antiques, stamps, etc. 1,183 1,509 -326 8,345 8,035 310

    Other goods 9,797 10,495 -697 66,581 59,347 7,234

    (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, definitions, and details concerning what is included in Net Adjustments, see the

    explanatory notes in this release or at www.census.gov/ft900 or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services.

    – 23 –

  • Part A: Seasonally Adjusted (by Commodity/Service)

    Exhibit 9. U.S. Trade in Petroleum and Non-Petroleum Produ