
U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES:  OCTOBER 1995 

IMPORTANT:  This release contains sensitive economic data not to be 
            released before 8:30 a.m. Wednesday, January 17, 1996.

            CB-95-228 Press Copy
            FT-900 (95-10)

For information on goods contact: Bureau of the Census:
Haydn R. Mearkle(301) 457-2246 
Richard M. Preuss(301) 457-2311

For information on services contact: Bureau of Economic Analysis:
Media: Larry Moran(202) 606-2649 
Technical: Christopher Bach(202) 606-9545

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES October 1995

The Bureau of the Census and the Bureau of Economic Analysis, through the 
Department of Commerce, announced today that total October exports of 
$66.7 billion and imports of $74.8 billion resulted in a goods and 
services deficit of $8.0 billion, $0.2 billion less than the $8.2 billion
of September revised.  October exports were $0.7 billion less than 
September exports of $67.5 billion.  October imports were $0.9 billion 
less than September imports of $75.7 billion.  

In October, the goods deficit decreased $0.1 billion from September to 
$13.7 billion and the services surplus increased to $5.6 billion from 
$5.5 billion in September.  Exports of goods decreased to $49.0 billion 
from $49.8 billion, and imports of goods decreased to $62.7 billion from 
$63.5 billion.  Exports of servioces of $17.7 billion and imports of 
services of $12.1 billion were virtually the sames as in September.

The September to October change in exports of goods reflected decreases 
in automotive vehicles, parts, and engines of $0.8 billion (primarily 
new and used automobiles); foods, feeds, and beverages ($0.4 billion); 
other goods ($0.1 billion).   Increases were reflected in capital goods 
($0.6 billion) and industrial supplies and materials ($0.2 billion).  
Consumer goods were virtually unchanged.

The September to October change in imports of goods reflected decreases in 
automotive vehicles, parts, and engines of $0.9 billion (primarily new and 
used automobiles); industrial supplies and materials ($0.5 billion); and 
consumer goods ($0.1 billion).  Increases were reflected in capital goods 
($0.3 billion); and other goods ($0.2 billion).  Foods, feeds, and 
beverages were virtually unchanged.

Note: Total goods are reported on a balance of payments basis; commodity 
      and country detail for goods are on a Census basis.  Definitions are 
      explained in the notes starting on page 25 of this release or in 
      file explain.900.

For the three months ending in October, exports of goods and services, 
using a centered three-month moving average, were $66.9 billion, while 
imports of goods and services averaged $75.1 billion, resulting in an 
average trade deficit of $8.2 billion.  For the three months ending in 
September, the average trade deficit was $9.2 billion, reflecting average 
exports of $65.8 billion and average imports of $75.0 billion.

Services exports increased slightly and services imports decreased 
slightly from September to October.  For exports, other transportation 
increased, while small changes in other categories were largely offsetting.
For imports, a decrease in other private services was largely offset by an 
increase in other transportation.  Other categories of services imports 
changed little.

Selected Not Seasonally Adjusted Goods Details 

Advanced technology products (ATP) exports were $12.0 billion for October 
and imports were $12.2 billion, resulting in a deficit of $0.2 billion, 
$0.1 billion more than the virtually zero balance in September.  October 
exports were $0.5 billion more than the $11.6 billion of September, while 
imports were $0.6 billion more than the $11.6 billion of September.

The October figures showed surpluses in billions of dollars with Australia 
$0.7 (for September $0.7), Egypt $0.3 ($0.2), Argentina $0.2 ($0.3), 
Brazil $0.1 ($0.2), and Hong Kong $0.1 ($0.2).  Deficits were recorded in 
billions of dollars with Japan -$4.8 (-$4.3), China -$3.6 (-$3.6), Canada 
-$1.9 (-$1.8),  Mexico -$1.4  (-$1.3), Taiwan -$1.4 (-$0.9), OPEC -$1.3 
(-$1.4), Western  Europe -$1.1  (-$0.1), Singapore -$0.3 (-$0.5), and Korea 
-$0.3 (-$0.1). 

Carry-over in October was $0.1 billion (0.2 percent) for exports and $0.3 
billion (0.4 percent) for imports.  For September, revised export 
carry-over was virtually zero, revised down from $0.3 billion (0.6 
percent).  For September, revised import carry-over was $0.1 billion 
($0.2 percent), revised down from $0.4 billion (0.6 percent).


CONTENTS 

Seasonally Adjusted

Exhibit 1  International Trade in Goods and Services                     4

Exhibit 2  Goods and Services Three - Month Moving Averages              5

Exhibit 3  U.S. Services by Major Category--Exports                      6

Exhibit 4  U.S. Services by Major Category--Imports                      7

Exhibit 5  U.S. Trade in Goods                                           8

Exhibit 6  Exports and Imports of Goods by Principal End-Use Category    9

Exhibit 7  Exports of Goods by End-Use Category and Commodity           10

Exhibit 8  Imports of Goods by End-Use Category and Commodity           12

Exhibit 9  Petroleum and Non-Petroleum End-Use Category Totals          14

Exhibit 10  Exports and Imports of Goods by Principle End-Use
Category (Constant Dollars)                                             15

Exhibit 11  Exports, Imports, and Balance of Goods, Petroleum and Non-
Petroleum End-Use Commodity Category Totals (Constant Dollars)          16

Not Seasonally Adjusted

Exhibit 12  U.S. Trade in Goods                                         17

Exhibit 13  Exports and Imports of Goods by Principal End-Use Category  18


Exhibit 14  Exports, Imports, and Balance of Goods by Selected  
Countries and Areas - 1995                                              19

Exhibit 15  Exports and Imports of Goods by Principal SITC Commodity 
Groupings                                                               21

Exhibit 16  Exports, Imports, and Balance of Advanced Technology 
Products                                                                23

Exhibit 17  Imports of Energy - Related Petroleum Products,  
Including Crude Petroleum                                               24

Information on Goods and Services                                       25

FT900 1995 Release Schedule                                             28


SOURCE: Report FT900 (CB-95-228), Bureau of the Census, Foreign Trade
        Division, OCTOBER 1995.  For more information, contact Haydn R. 
        Mearkle (301-457-2246) or Richard M. Preuss (301-457-2311), 
        Foreign Trade Division.