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


IMPORTANT:  This release contains sensitive economic data not to be 
            released before 8:30 a.m. Wednesday, February 7, 1996.

            CB-96-12Press Copy
            FT-900 (95-11)

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 November 1995

The Bureau of the Census and the Bureau of Economic Analysis, through 
the Department of Commerce, announced today that total November exports 
of $67.4 billion and imports of $74.4 billion resulted in a goods and 
services deficit of $7.1 billion, $1.1 billion less than the $8.2 billion
of October, revised.  November exports were $0.6 billion more than October 
exports of $66.7 billion.  November imports were $0.5 billion less than 
October imports of $74.9 billion.  

In November, the goods deficit decreased $1.3 billion from October to 
$12.5 billion and the services surplus decreased to $5.4 billion from $5.6 
billion in October.  Exports of goods increased to $49.4 billion from 
$49.0 billion, and imports of goods decreased to $61.9 billion from $62.7 
billion.  Exports of services increased to $17.9 billion from $17.8 
billion, and imports of services increased to $12.5 billion from $12.2 
billion.

The October to November change in exports of goods reflected increases in 
other goods of $0.5 billion (primarily military goods); capital goods $0.4 
billion (primarily semiconductors and civilian aircraft); automotive 
vehicles, parts, and engines ($0.2 billion); and foods, feeds, and 
beverages ($0.1 billion).  A decrease was reflected in industrial supplies 
and materials ($0.7 billion).  Consumer goods was virtually unchanged.

The October to November change in imports of goods reflected decreases in 
capital goods $0.4 billion (primarily civilian aircraft and computer 
accessories); consumer goods ($0.4 billion); other goods ($0.1 billion); 
and foods, feeds, and beverages ($0.1 billion).  Increases were reflected 
in industrial supplies and materials ($0.2 billion) and automotive 
vehicles, parts, and engines ($0.1 billion).

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.


For the three months ending in November, exports of goods and services, 
using a centered three-month moving average, were $67.2 billion, while 
imports of goods and services averaged $75.0 billion, resulting in an 
average trade deficit of $7.8 billion.  For the three months ending in 
October, the average trade deficit was $8.2 billion, reflecting average 
exports of $66.9 billion and average imports of $75.1 billion.

Services exports increased from October to November, reflecting an 
increase in travel.  Changes in other categories of services exports
were small and offsetting.

Services imports increased from October to November, reflecting increases 
in travel and other private services.  Changes in other categories of 
services imports were small and offsetting.


Selected Not Seasonally Adjusted Goods Details 

Advanced technology products (ATP) exports were $12.7 billion for November 
and imports were $11.7 billion, resulting in a surplus of $1.1 billion, 
$1.2 billion more than the October deficit of $0.2 billion.  November
exports were $0.7 billion more than the $12.0 of October, while imports 
were $0.5 billion less than the $12.2 billion of October.   

The November figures showed surpluses in billions of dollars with 
Australia $0.6 (for October $0.7), and Hong Kong $0.3 ($0.1), Brazil $0.2 
($0.1), Argentina $0.2 ($0.2), Egypt $0.2 ($0.3).  Deficits were recorded 
in billions of dollars with Japan -$4.1  (-$4.8), China -$2.8 (-$3.6), 
Canada -$1.8 (-$1.9), Mexico -$1.7 (-$1.4), OPEC -$1.2 (-$1.3), Taiwan 
-$1.0 (-$1.4), Western  Europe -$0.9 (-$1.1),  Singapore -$0.4  (-$0.3),  
and Korea -$0.2 (-$0.3).

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


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

SOURCE: Report FT900 (CB-96-12), Bureau of the Census, Foreign Trade
        Division, NOVEMBER 1995.  For more information, contact Haydn R. 
        Mearkle (301-457-2246) or Richard M. Preuss (301-457-2311), 
        Foreign Trade Division.