
Part B: NOT SEASONALLY ADJUSTED

Exhibit 12.  U. S. TRADE IN GOODS

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


                 Balance

                  Total
                 Balance        Total
                of Payments     Census
    Period        Basis         Basis

1996                

Jan.- Dec.         -191,170      -170,214
Jan.- Feb.          -25,758       -23,610
January             -15,112       -14,142
February            -10,646        -9,468
March               -10,529        -8,412
April               -15,248       -12,792
May                 -15,874       -13,498
June                -14,131       -12,375

July                -21,948       -20,084
August              -18,573       -16,450
September           -19,326       -17,710
October             -19,391       -18,010
November            -14,567       -13,000
December            -15,826       -14,274

1997                

Jan.- Dec.         -198,975      -181,872
Jan.- Feb.          -30,251       -28,352
January             -17,158       -16,359
February            -13,093       -11,993
March               -11,814        -9,370
April               -14,553       -12,837
May                 -14,651       -12,759
June                -15,478       -13,730

July                -21,374       -20,116
August              -17,582       -16,297
September           -21,037       -19,646
October             -20,632       -19,350
November            -14,751       -13,855
December            -16,851       -15,559

1998                

Jan.- Feb.          -30,888       -28,664
January (R)         -16,306       -15,110
February            -14,582       -13,555
March                        
April                        
May                          
June                         

July                         
August                       
September                    
October                      
November                     
December                     

January data as published last month :
                    -16,764       -15,577
_____________________________________________

                        Exports

                  Total
                 Balance                      Total
               of Payments       Net          Census
    Period        Basis      Adjustments      Basis

1996                

Jan.- Dec.          612,069       -13,006       625,075
Jan.- Feb.           97,394        -1,486        98,880
January              47,072          -695        47,767
February             50,322          -791        51,112
March                54,048          -904        54,952
April                51,029          -843        51,872
May                  52,230        -1,130        53,359
June                 50,939          -882        51,821

July                 46,158        -1,440        47,598
August               50,223        -1,352        51,575
September            49,289        -1,309        50,598
October              55,042        -1,065        56,107
November             53,737        -1,279        55,016
December             51,980        -1,316        53,295

1997                

Jan.- Dec.          678,150       -10,547       688,697
Jan.- Feb.          102,524        -1,222       103,746
January              49,993          -551        50,544
February             52,531          -671        53,202
March                60,288          -988        61,275
April                57,644          -697        58,341
May                  57,724          -995        58,719
June                 57,180          -857        58,037

July                 53,798        -1,031        54,829
August               55,661        -1,044        56,705
September            56,089        -1,133        57,221
October              61,118        -1,040        62,158
November             57,536          -663        58,199
December             58,588          -878        59,466

1998                

Jan.- Feb.          109,211        -1,439       110,650
January (R)          54,720          -629        55,350
February             54,491          -810        55,300
March                                      
April                                      
May                                        
June                                       

July                                       
August                                     
September                                  
October                                    
November                                   
December                                   

January data as published last month :
                     54,338          -624        54,962
_____________________________________________

                        Imports

                  Total
                 Balance                      Total
               of Payments       Net          Census
    Period        Basis      Adjustments      Basis

1996                

Jan.- Dec.          803,239         7,950       795,289
Jan.- Feb.          123,152           662       122,490
January              62,184           275        61,910
February             60,968           388        60,580
March                64,577         1,213        63,364
April                66,277         1,613        64,664
May                  68,104         1,247        66,857
June                 65,070           874        64,196

July                 68,107           425        67,682
August               68,795           770        68,025
September            68,616           307        68,309
October              74,433           315        74,118
November             68,304           289        68,016
December             67,805           235        67,570

1997                

Jan.- Dec.          877,125         6,556       870,569
Jan.- Feb.          132,775           676       132,099
January              67,150           247        66,903
February             65,624           429        65,196
March                72,102         1,456        70,645
April                72,197         1,019        71,178
May                  72,375           897        71,478
June                 72,658           891        71,767

July                 75,172           227        74,945
August               73,243           242        73,001
September            77,126           259        76,868
October              81,750           242        81,509
November             72,288           234        72,054
December             75,439           414        75,025

1998                

Jan.- Feb.          140,099           785       139,314
January (R)          71,027           567        70,459
February             69,072           217        68,855
March                                      
April                                      
May                                        
June                                       

July                                       
August                                     
September                                  
October                                    
November                                   
December                                   

January data as published last month :
                     71,102           563        70,539

NOTE: See INFORMATION ON GOODS AND SERVICES for details concerning 
      what is included in the Net Adjustments.

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.