EXHIBIT 4. EXPORTS (F.A.S. VALUE),  IMPORTS (CUSTOMS AND C.I.F.
VALUES) AND MERCHANDISE TRADE BALANCE, SEASONALLY ADJUSTED AND NOT 
SEASONALLY ADJUSTED: November 1994 TO November 1995

In millions of dollars. Details may not equal totals due to seasonal
adjustment and rounding. (R) - Revised.



----------------------------------------------------------
       Period                     Trade balance
                          Customs            C.I.F.

 **********>>>>>>>>>> Seasonally Adjusted
1994
                                        
Jan. - Dec.                 -150,629.2         -176,049.1
Jan. - Nov.                 -138,619.2         -161,821.9
January                      -10,184.7          -12,133.3
February                     -12,133.4          -14,088.1
March                         -9,630.6          -11,687.1
April                        -12,081.7          -14,140.9
May                          -12,655.8          -14,701.9
June                         -12,977.0          -15,091.9
July                         -14,775.8          -16,922.1
August                       -12,871.5          -15,095.3
September                    -13,464.5          -15,668.9
October                      -13,641.9          -15,848.1
November                     -14,202.2          -16,444.2
December                     -12,010.1          -14,227.2
                                        
1995                                    
                                        
                                        
Jan. - Nov.                 -149,235.3         -174,626.0
January                      -14,897.4          -17,556.0
February                     -13,350.4          -15,933.5
March                        -12,886.6          -15,391.5
April                        -14,796.8          -17,055.9
May                          -14,058.1          -16,288.8
June                         -14,729.8          -16,912.4
July                         -15,290.2          -17,552.6
August                       -12,507.1          -14,726.1
September                    -12,842.9          -15,043.2
October  (R)                 -12,517.0          -14,668.0
November                     -11,358.9          -13,497.9
December

**********>>>>>>>>>> Not Seasonally Adjusted

1994
                                        
Jan. - Dec.                 -150,629.2         -176,049.1
Jan. - Nov.                 -140,111.3         -163,398.2
January                       -8,953.6          -10,814.3
February                      -9,528.1          -11,347.4
March                         -8,523.8          -10,651.3
April                         -9,885.0          -11,884.9
May                          -10,772.5          -12,799.8
June                         -13,713.5          -15,864.5
July                         -15,589.2          -17,723.9
August                       -15,714.9          -18,036.3
September                    -15,113.8          -17,348.7
October                      -16,656.5          -18,993.6
November                     -15,660.4          -17,933.4
December                     -10,518.0          -12,650.9
                                        
1995                                    
                                        
                                        
Jan. - Nov.                 -151,447.8         -176,906.9
January                      -13,752.2          -16,325.2
February                     -10,307.6          -12,714.2
March                        -11,175.9          -13,763.3
April                        -12,087.5          -14,252.7
May                          -13,037.1          -15,284.7
June                         -14,886.0          -17,095.4
July                         -17,281.0          -19,548.3
August                       -15,555.2          -17,882.1
September                    -13,857.1          -16,050.7
October (R)                  -16,183.2          -18,492.5
November                     -13,325.0          -15,497.9
December

-----------------------------------------------------------------------------

       Period             Exports
                       F.a.s. value

 **********>>>>>>>>>> Seasonally Adjusted

1994
                     
Jan. - Dec.                  512,626.5
Jan. - Nov.                  465,455.7
January                       39,673.0
February                      38,153.4
March                         42,843.6
April                         41,094.9
May                           41,303.8
June                          42,755.0
July                          41,229.8
August                        44,679.7
September                     44,147.8
October                       44,315.5
November                      45,259.2
December                      47,170.8
                     
1995

                     
Jan. - Nov.                  533,145.9
January                       45,576.7
February                      46,327.0
March                         48,725.7
April                         47,815.3
May                           49,071.8
June                          48,231.2
July                          47,097.5
August                        49,848.2
September                     50,450.5
October  (R)                  49,785.6
November                      50,216.4
December

**********>>>>>>>>>> Not Seasonally Adjusted

1994
                     
Jan. - Dec.                  512,626.5
Jan. - Nov.                  465,613.3
January                       37,560.7
February                      37,126.1
March                         46,139.1
April                         41,586.7
May                           42,215.0
June                          43,425.0
July                          39,218.3
August                        43,588.9
September                     43,766.0
October                       45,313.8
November                      45,673.7
December                      47,013.2

1995

                     
Jan. - Nov.                  532,581.5
January                       43,496.4
February                      45,010.3
March                         52,502.7
April                         47,761.0
May                           50,099.0
June                          49,209.9
July                          44,495.4
August                        48,887.6
September                     49,583.8
October (R)                   51,161.9
November                      50,373.5
December

----------------------------------------------------------

       Period                      Imports
                       Customs value      C.i.f. value

 **********>>>>>>>>>> Seasonally Adjusted

1994
                                        
Jan. - Dec.                  663,255.7          688,675.5
Jan. - Nov.                  604,074.9          627,277.6
January                       49,857.7           51,806.2
February                      50,286.8           52,241.5
March                         52,474.2           54,530.8
April                         53,176.6           55,235.8
May                           53,959.6           56,005.7
June                          55,732.0           57,846.9
July                          56,005.6           58,151.9
August                        57,551.2           59,775.0
September                     57,612.3           59,816.7
October                       57,957.4           60,163.7
November                      59,461.4           61,703.4
December                      59,180.8           61,397.9
                                        
1995

                                        
Jan. - Nov.                  682,381.2          707,772.0
January                       60,474.1           63,132.7
February                      59,677.4           62,260.6
March                         61,612.3           64,117.2
April                         62,612.2           64,871.3
May                           63,129.9           65,360.6
June                          62,961.0           65,143.7
July                          62,387.7           64,650.1
August                        62,355.4           64,574.3
September                     63,293.4           65,493.7
October  (R)                  62,302.6           64,453.6
November                      61,575.3           63,714.2
December

**********>>>>>>>>>> Not Seasonally Adjusted

1994
                                        
Jan. - Dec.                  663,255.7          688,675.5
Jan. - Nov.                  605,724.5          629,011.4
January                       46,514.3           48,375.1
February                      46,654.2           48,473.5
March                         54,662.9           56,790.3
April                         51,471.8           53,471.7
May                           52,987.4           55,014.8
June                          57,138.5           59,289.5
July                          54,807.5           56,942.2
August                        59,303.8           61,625.1
September                     58,879.8           61,114.7
October                       61,970.3           64,307.4
November                      61,334.1           63,607.1
December                      57,531.2           59,664.1

1995

                                        
Jan. - Nov.                  684,029.3          709,488.5
January                       57,248.5           59,821.5
February                      55,317.9           57,724.5
March                         63,678.6           66,265.9
April                         59,848.5           62,013.7
May                           63,136.2           65,383.7
June                          64,095.9           66,305.4
July                          61,776.4           64,043.7
August                        64,442.8           66,769.7
September                     63,440.9           65,634.5
October (R)                   67,345.1           69,654.4
November                      63,698.5           65,871.4
December
-----------------------------------------------------------------------------

CONTACT: For more information, contact Haydn R. Mearkle (301-457-2246) or
         Richard M. Preuss (301-457-2311) Foreign Trade Division.


