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Economic Report of the President - The American Presidency Project

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TABLE B–106.—U.S. international trade in goods on balance of payments (BOP) and Census basis,and trade in services on BOP basis, 1974–98[Billions of dollars; monthly data seasonally adjusted]Year or monthTotal,BOPbasis 3Goods: Exports(f.a.s. value) 12Census basis (by end-use category)Foods,Total,feeds,Censusandbasis 34ImportsbeveragesIndustrialsuppliesandmaterialsCapitalgoodsexceptautomotiveAutomotivevehicles,parts,andenginesConsumergoods(nonfood)exceptautomotiveTotal,BOPbasisGoods: Imports (customs value, except asnoted) 5Total,Censusbasis 4Census basis (by end-use category)F.a.s. value 2 F.a.s. value 2Foods,feeds,andbeveragesIndustrialsuppliesandmaterialsCapitalgoodsexceptautomotiveAutomotivevehicles,parts,andenginesConsumergoods(nonfood)exceptautomotiveServices(BOP basis)Exports1974 .................... 98.3 99.4 .......... .......... .......... .......... .......... 103.8 103.3 .......... .......... .......... .......... ............ 22.6 21.41975 .................... 107.1 108.9 .......... .......... .......... .......... .......... 98.2 99.3 .......... .......... .......... .......... ............ 25.5 22.01976 .................... 114.7 116.8 .......... .......... .......... .......... .......... 124.2 124.6 .......... .......... .......... .......... ............ 28.0 24.61977 .................... 120.8 123.2 .......... .......... .......... .......... .......... 151.9 151.5 .......... .......... .......... .......... ............ 31.5 27.61978 .................... 142.1 145.8 .......... .......... .......... .......... .......... 176.0 176.1 .......... .......... .......... .......... ............ 36.4 32.21979 .................... 184.4 186.4 .......... .......... .......... .......... .......... 212.0 210.3 .......... .......... .......... .......... ............ 39.7 36.71980 .................... 224.3 225.6 .......... .......... .......... .......... .......... 249.8 245.3 .......... .......... .......... .......... ............ 47.6 41.5Customs value1981 .................... 237.0 238.7 .......... .......... .......... .......... .......... 265.1 261.0 .......... .......... .......... .......... ............ 57.4 45.51982 .................... 211.2 216.4 31.3 61.7 72.7 15.7 14.3 247.6 244.0 17.1 112.0 35.4 33.3 39.7 64.1 51.71983 .................... 201.8 205.6 30.9 56.7 67.2 16.8 13.4 268.9 258.0 18.2 107.0 40.9 40.8 44.9 64.3 55.01984 .................... 219.9 224.0 31.5 61.7 72.0 20.6 13.3 332.4 6330.7 21.0 123.7 59.8 53.5 60.0 71.2 67.71985 .................... 215.9 7 218.8 24.0 58.5 73.9 22.9 12.6 338.1 6336.5 21.9 113.9 65.1 66.8 68.3 73.2 72.91986 .................... 223.3 7 227.2 22.3 57.3 75.8 21.7 14.2 368.4 365.4 24.4 101.3 71.8 78.2 79.4 86.4 81.81987 .................... 250.2 254.1 24.3 66.7 86.2 24.6 17.7 409.8 406.2 24.8 111.0 84.5 85.2 88.7 98.6 92.31988 .................... 320.2 322.4 32.3 85.1 109.2 29.3 23.1 447.2 441.0 24.8 118.3 101.4 87.7 95.9 111.1 100.01989 .................... 362.1 363.8 37.2 99.3 138.8 34.8 36.4 477.4 473.2 25.1 132.3 113.3 86.1 102.9 127.2 104.21990 .................... 389.3 393.6 35.1 104.4 152.7 37.4 43.3 498.3 495.3 26.6 143.2 116.4 87.3 105.7 147.9 120.01991 .................... 416.9 421.7 35.7 109.7 166.7 40.0 45.9 491.0 488.5 26.5 131.6 120.7 85.7 108.0 164.3 121.21992 .................... 440.4 448.2 40.3 109.1 175.9 47.0 51.4 536.5 532.7 27.6 138.6 134.3 91.8 122.7 177.0 119.61993 .................... 456.8 465.1 40.6 111.8 181.7 52.4 54.7 589.4 580.7 27.9 145.6 152.4 102.4 134.0 186.4 125.71994 .................... 502.4 512.6 42.0 121.4 205.0 57.8 60.0 668.6 663.3 31.0 162.1 184.4 118.3 146.3 201.4 136.21995 .................... 575.8 584.7 50.5 146.2 233.0 61.8 64.4 749.6 743.5 33.2 181.8 221.4 123.8 159.9 219.8 146.01996 .................... 612.0 625.1 55.5 147.7 252.9 65.0 70.1 803.3 795.3 35.7 204.5 229.1 128.9 171.0 238.8 156.01997 .................... 679.3 689.2 51.5 158.2 294.5 74.0 77.4 877.3 870.7 39.7 213.8 254.2 140.8 192.9 258.3 170.51997: Jan ............. 52.7 53.2 4.4 12.2 22.3 5.8 6.1 70.2 69.9 3.1 18.2 19.6 11.7 15.0 20.8 13.6Feb ............. 54.3 55.0 4.4 12.7 23.1 6.0 6.3 70.8 70.4 3.1 17.8 19.8 12.0 15.2 20.8 13.7Mar ............ 56.5 57.5 4.3 13.6 24.3 6.0 6.4 72.3 70.8 3.3 17.9 20.4 11.7 15.3 21.2 13.8Apr ............. 56.3 57.0 4.3 13.5 24.2 6.1 6.4 72.8 71.8 3.3 17.5 20.9 11.5 16.1 21.4 13.9May ............ 56.1 57.1 4.1 13.3 24.3 6.0 6.5 73.1 72.2 3.4 17.9 21.0 11.6 15.9 21.7 14.1June ........... 56.8 57.7 4.1 13.8 24.1 6.3 6.6 72.4 71.5 3.3 17.3 21.0 11.6 15.9 21.7 14.2July ............ 57.5 58.5 3.9 13.1 25.7 6.3 6.4 73.3 73.1 3.4 17.5 21.6 11.9 16.2 21.6 14.4Aug ............ 57.1 58.1 4.2 13.4 24.9 6.2 6.5 74.0 73.8 3.4 18.1 21.8 11.7 16.2 22.0 14.4Sept ........... 57.7 58.5 4.3 13.1 25.4 6.2 6.4 74.3 74.0 3.4 18.0 21.8 11.8 16.6 22.0 14.7Oct ............. 58.5 59.5 4.5 13.3 25.6 6.4 6.8 74.7 74.5 3.3 18.2 22.2 11.6 16.5 22.1 14.5Nov ............ 57.5 58.2 4.5 13.1 24.9 6.6 6.5 74.1 73.8 3.3 18.1 21.5 11.7 16.8 21.6 14.6Dec ............ 58.3 58.8 4.5 13.1 25.8 6.1 6.4 75.3 74.9 3.5 17.2 22.4 11.9 17.3 21.4 14.71998: Jan ............. 57.9 58.5 4.2 13.0 25.5 6.5 6.6 75.0 74.4 3.4 17.3 21.9 11.8 17.2 21.8 14.6Feb ............. 56.4 57.2 4.2 12.6 24.8 6.4 6.4 74.5 74.2 3.5 16.8 22.2 12.2 16.9 21.5 15.0Mar ............ 57.2 58.1 4.0 12.9 24.9 6.6 6.6 77.7 77.2 3.5 16.7 23.1 13.0 18.2 21.8 14.8Apr ............. 55.3 56.0 3.8 12.5 23.8 6.5 6.6 76.7 76.3 3.4 17.3 22.3 12.2 18.3 22.4 15.1May ............ 54.7 55.5 3.7 12.6 23.8 6.0 6.6 77.3 77.0 3.5 17.4 23.1 12.5 17.9 21.9 15.0June ........... 54.8 55.7 3.8 12.1 24.4 5.6 6.9 75.3 74.9 3.6 16.6 22.2 11.8 18.2 21.5 15.1July ............ 53.8 54.8 3.7 11.9 24.8 4.7 6.7 74.9 74.5 3.4 16.6 22.3 10.7 18.3 21.2 15.1Aug ............ 53.9 55.2 3.6 12.0 23.9 5.6 6.7 76.6 75.9 3.4 16.8 22.2 12.2 18.0 21.1 15.1Sept ........... 56.0 56.9 3.3 11.9 26.1 6.0 6.7 76.8 76.3 3.3 16.5 22.2 13.0 18.0 21.5 15.0Oct ............. 58.3 59.5 4.0 12.5 26.9 6.0 6.8 78.5 78.0 3.3 16.9 23.0 13.4 18.2 21.9 15.3Nov p .......... 56.8 58.4 3.8 12.4 25.9 6.4 6.5 78.7 78.2 3.3 16.3 23.4 13.6 18.3 21.8 15.41Department of Defense shipments of grant-aid military supplies and equipment under the Military Assistance Program are excluded fromtotal exports through 1985 and included beginning 1986.2F.a.s. (free alongside ship) value basis at U.S. port of exportation for exports and at foreign port of exportation for imports.3Includes undocumented exports to Canada through 1988. Beginning 1989, undocumented exports to Canada are included in the appropriateend-use category.4Total includes ‘‘other’’ exports or imports, not shown separately.5Total arrivals of imported goods other than intransit shipments.6Total includes revisions not reflected in detail.7Total exports are on a revised statistical month basis; end-use categories are on a statistical month basis.Note.—Goods on a Census basis are adjusted to a BOP basis by the Bureau of <strong>Economic</strong> Analysis, in line with concepts and definitionsused to prepare international and national accounts. The adjustments are necessary to supplement coverage of Census data, to eliminateduplication of transactions recorded elsewhere in international accounts, and to value transactions according to a standard definition.Data include trade of the U.S. Virgin Islands.Source: Department of Commerce (Bureau of the Census and Bureau of <strong>Economic</strong> Analysis).448

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