
PART A: SEASONALLY ADJUSTED

EXHIBIT 1. U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
           JANUARY 1996 TO FEBRUARY 1998

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

                             
                             Balance

     Period       Total       Goods (1)      Services
                                                 
1996           

Jan.- Dec.         -111,040      -191,170        80,130
Jan.- Feb.          -17,167       -28,588        11,421
January              -9,510       -15,508         5,998
February             -7,657       -13,080         5,423
March                -7,372       -14,335         6,963
April                -9,676       -15,897         6,221
May                  -9,973       -16,826         6,853
June                 -8,132       -14,839         6,707

July                -11,623       -17,757         6,134
August              -10,007       -16,759         6,752
September           -10,887       -17,976         7,089
October              -7,935       -15,320         7,385
November             -7,665       -15,176         7,511
December            -10,601       -17,695         7,094

1997           

Jan.- Dec.         -113,684      -198,975        85,291
Jan.- Feb.          -21,483       -34,947        13,464
January             -11,619       -18,167         6,548
February             -9,864       -16,780         6,916
March                -7,840       -14,896         7,056
April                -8,129       -15,546         7,417
May                  -9,196       -16,381         7,185
June                 -8,346       -15,262         6,916

July                 -9,919       -16,867         6,948
August               -8,992       -16,577         7,585
September           -10,996       -18,557         7,561
October              -8,979       -16,498         7,519
November             -8,904       -15,741         6,837
December            -10,896       -17,702         6,806

1998           

Jan.- Feb.          -23,727       -36,893        13,166
January (R)         -11,619       -18,328         6,709
February            -12,108       -18,565         6,457
March                                      
April                                      
May                                        
June                                       

July                                       
August                                     
September                                  
October                                    
November                                   
December                                   

January data  as published last month:
                    -12,043       -18,795         6,752
____________________________________________________

                             Exports

     Period       Total       Goods (1)      Services

1996           

Jan.- Dec.          848,833       612,069       236,764
Jan.- Feb.          136,448        99,332        37,116
January              67,630        48,899        18,731
February             68,818        50,433        18,385
March                70,657        50,716        19,941
April                69,982        50,794        19,188
May                  71,277        51,282        19,995
June                 70,889        51,335        19,554

July                 68,500        49,087        19,413
August               71,150        51,254        19,896
September            70,435        50,423        20,012
October              73,088        52,503        20,585
November             73,969        53,209        20,760
December             72,444        52,133        20,311

1997           

Jan.- Dec.          931,370       678,150       253,220
Jan.- Feb.          146,013       105,249        40,764
January              71,789        51,624        20,165
February             74,224        53,625        20,599
March                78,065        57,093        20,972
April                78,325        57,100        21,225
May                  77,930        56,809        21,121
June                 78,306        57,317        20,989

July                 77,681        56,683        20,998
August               78,867        57,264        21,603
September            78,104        56,308        21,796
October              80,067        58,388        21,679
November             78,661        57,524        21,137
December             79,352        58,414        20,938

1998           

Jan.- Feb.          154,653       112,295        42,358
January (R)          77,642        56,686        20,956
February             77,011        55,609        21,402
March                                      
April                                      
May                                        
June                                       

July                                       
August                                     
September                                  
October                                    
November                                   
December                                   

January data  as published last month:
                     77,283        56,296        20,987
____________________________________________________

                             Imports

     Period       Total       Goods (1)      Services
                                                 
1996           

Jan.- Dec.          959,873       803,239       156,634
Jan.- Feb.          153,615       127,920        25,695
January              77,140        64,407        12,733
February             76,476        63,514        12,962
March                78,030        65,052        12,978
April                79,658        66,691        12,967
May                  81,250        68,108        13,142
June                 79,021        66,174        12,847

July                 80,123        66,844        13,279
August               81,157        68,013        13,144
September            81,323        68,400        12,923
October              81,023        67,823        13,200
November             81,634        68,385        13,249
December             83,045        69,828        13,217

1997           

Jan.- Dec.        1,045,054       877,125       167,929
Jan.- Feb.          167,496       140,196        27,300
January              83,408        69,791        13,617
February             84,088        70,405        13,683
March                85,905        71,989        13,916
April                86,454        72,646        13,808
May                  87,127        73,191        13,936
June                 86,652        72,579        14,073

July                 87,600        73,550        14,050
August               87,860        73,842        14,018
September            89,100        74,865        14,235
October              89,046        74,886        14,160
November             87,565        73,265        14,300
December             90,249        76,117        14,132

1998           

Jan.- Feb.          178,380       149,188        29,192
January (R)          89,261        75,014        14,247
February             89,119        74,174        14,945
March                                      
April                                      
May                                        
June                                       

July                                       
August                                     
September                                  
October                                    
November                                   
December                                   

January data  as published last month:
                     89,327        75,092        14,235

(1) Data presented on a Balance of Payments (BOP) Basis.

SOURCE: Report FT900 (CB-98-60), Bureau of the Census, Foreign Trade
        Division, FEBRUARY 1998.  For more information, contact Haydn R. 
        Mearkle (301-457-2246) or Richard M. Preuss (301-457-2311), 
        Foreign Trade Division.