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Economic Report of the President - The American Presidency Project

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TABLE B–103.—U.S. international trade in goods by area, 1990–99[Billions of dollars]Item 1990 1991 1992 1993 1994 1995 1996 1997 19981999 first3 quartersat annualrate 1EXPORTS ................................ 389.3 416.9 440.4 456.8 502.4 575.8 612.1 679.7 670.2 671.6Industrial countries ........... 253.8 261.3 265.1 270.6 295.2 338.1 355.7 386.5 389.8 396.6Canada .......................... 83.5 85.9 91.4 101.2 114.8 127.6 135.2 152.1 156.8 164.8Japan ............................. 47.8 47.2 46.9 46.7 51.8 63.1 66.0 64.6 56.6 55.9Western Europe 2 ........... 111.4 116.8 114.5 111.3 115.3 132.5 138.0 153.0 159.1 160.4Australia, New Zealand,and South Africa ...... 11.2 11.4 12.4 11.5 13.2 15.0 16.6 16.9 17.2 15.4Australia ................... 8.3 8.3 8.7 8.1 9.6 10.5 11.7 11.9 11.8 11.1Other countries, exceptEastern Europe .............. 130.6 150.4 169.5 179.8 201.7 232.0 249.1 285.5 273.1 269.7OPEC 3 ............................ 12.7 18.4 19.7 18.7 17.1 18.3 20.2 24.2 23.4 17.0Other 4 ........................... 117.9 132.0 149.8 161.1 184.6 213.7 228.9 261.3 249.7 252.7Eastern Europe 2 ................ 4.3 4.8 5.6 6.2 5.3 5.7 7.3 7.7 7.4 5.4International organizationsand unallocated ............ .6 .4 .1 .2 .1 .............. .............. .............. .............. ..................IMPORTS ................................ 498.3 491.0 536.5 589.4 668.6 749.6 803.3 876.4 917.2 1,006.0Industrial countries ........... 299.9 294.3 316.3 347.8 389.8 425.4 443.2 476.5 501.7 545.1Canada .......................... 93.1 93.0 100.9 113.3 131.1 147.1 158.7 170.1 175.8 198.0Japan ............................. 90.4 92.3 97.4 107.2 119.1 123.5 115.2 121.7 121.9 128.2Western Europe 2 ........... 109.2 102.0 111.4 120.9 132.9 147.7 161.7 175.8 194.0 208.7Australia, New Zealand,and South Africa ...... 7.3 7.0 6.6 6.4 6.7 7.1 7.7 9.0 10.1 10.1Australia ................... 4.4 4.1 3.7 3.3 3.2 3.4 3.9 4.9 5.4 5.3Other countries, exceptEastern Europe .............. 196.1 194.9 218.2 238.1 272.9 317.2 353.2 391.4 404.5 449.7OPEC 3 ............................ 37.0 33.4 32.4 32.6 31.7 34.3 42.7 44.0 33.9 39.2Other 4 ........................... 159.1 161.5 185.8 205.4 241.3 282.9 310.5 347.4 370.6 410.5Eastern Europe 2 ................ 2.3 1.8 2.0 3.5 5.8 7.0 7.0 8.5 10.9 11.2International organizationsand unallocated ............ ............ ............ ............ .............. .............. .............. .............. .............. .............. ..................BALANCE (excess ofexports +) ......................... −109.0 −74.1 −96.1 −132.6 −166.2 −173.7 −191.3 −196.7 −246.9 −334.3Industrial countries ........... −46.1 −33.0 −51.2 −77.2 −94.6 −87.3 −87.5 −90.0 −112.0 −148.5Canada .......................... −9.6 −7.1 −9.5 −12.2 −16.3 −19.6 −23.5 −18.0 −19.0 −33.2Japan ............................. −42.6 −45.0 −50.5 −60.5 −67.3 −60.3 −49.2 −57.1 −65.3 −72.3Western Europe 2 ........... 2.2 14.8 3.1 −9.7 −17.6 −15.2 −23.6 −22.8 −34.9 −48.3Australia, New Zealand,and South Africa ...... 3.9 4.4 5.8 5.2 6.6 7.9 8.9 7.9 7.2 5.3Australia ................... 3.9 4.2 5.0 4.8 6.4 7.1 7.8 7.0 6.4 5.8Other countries, exceptEastern Europe .............. −65.5 −44.5 −48.7 −58.3 −71.2 −85.2 −104.1 −105.9 −131.4 −180.0OPEC 3 ............................ −24.3 −15.0 −12.7 −14.0 −14.6 −15.9 −22.4 −19.9 −10.5 −22.1Other 4 ........................... −41.2 −29.5 −36.0 −44.3 −56.6 −69.2 −81.6 −86.1 −120.9 −157.8Eastern Europe 2 ................ 2.1 3.0 3.7 2.7 −.5 −1.3 .3 −.7 −3.5 −5.8International organizationsand unallocated ............ .6 .4 .1 .2 .1 .............. .............. .............. .............. ..................1Preliminary; seasonally adjusted.2The former German Democratic Republic (East Germany) included in Western Europe beginning fourth quarter 1990 and in Eastern Europeprior to that time.3Organization of Petroleum Exporting Countries, consisting of Algeria, Ecuador (through 1992), Gabon (through 1994), Indonesia, Iran, Iraq,Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela.4Latin America, other Western Hemisphere, and other countries in Asia and Africa, less members of OPEC.Note.--Data are on an international transactions basis and exclude military.Source: Department of Commerce, Bureau of Economic Analysis.425

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