
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.         -191,337      -170,214
Jan.- May           -67,482       -58,311
January             -15,124       -14,142
February            -10,658        -9,468
March               -10,546        -8,412
April               -15,265       -12,792
May                 -15,889       -13,498
June                -14,146       -12,375

July                -21,963       -20,084
August              -18,590       -16,450
September           -19,338       -17,710
October             -19,402       -18,010
November            -14,579       -13,000
December            -15,837       -14,274

1997                

Jan.- Dec.         -197,955      -181,488
Jan.- May           -72,122       -64,108
January             -17,579       -16,761
February            -13,134       -12,019
March               -11,942        -9,486
April               -14,795       -13,070
May                 -14,672       -12,772
June                -15,341       -13,608

July                -21,256       -19,987
August              -17,636       -16,344
September           -20,366       -19,361
October             -20,333       -19,028
November            -14,878       -13,967
December            -16,022       -15,086

1998                

Jan.- May           -86,726       -81,084
January             -16,324       -15,110
February            -14,576       -13,543
March               -17,255       -15,865
April (R)           -19,934       -18,957
May                 -18,637       -17,609
June                         

July                         
August                       
September                    
October                      
November                     
December                     

April data as published last month :
                    -20,071       -19,097
________________________________________________

                        Exports

                  Total
                 Balance                      Total
               of Payments       Net          Census
    Period        Basis      Adjustments      Basis

1996                

Jan.- Dec.          611,983       -13,092       625,075
Jan.- May           254,664        -4,400       259,063
January              47,066          -701        47,767
February             50,317          -796        51,112
March                54,039          -913        54,952
April                51,019          -853        51,872
May                  52,222        -1,137        53,359
June                 50,932          -889        51,821

July                 46,153        -1,445        47,598
August               50,215        -1,360        51,575
September            49,282        -1,317        50,598
October              55,036        -1,072        56,107
November             53,730        -1,286        55,016
December             51,972        -1,323        53,295

1997                

Jan.- Dec.          679,325        -9,858       689,182
Jan.- May           277,908        -3,955       281,863
January              50,025          -566        50,591
February             52,467          -685        53,153
March                60,203          -999        61,201
April                57,477          -703        58,180
May                  57,736        -1,003        58,738
June                 57,207          -842        58,049

July                 53,868        -1,041        54,909
August               55,615        -1,047        56,662
September            56,731          -739        57,470
October              61,351        -1,050        62,402
November             57,494          -670        58,164
December             59,151          -513        59,664

1998                

Jan.- May           282,320        -3,722       286,042
January              54,713          -636        55,350
February             54,429          -807        55,236
March                61,447          -882        62,329
April (R)            56,215          -655        56,869
May                  55,516          -742        56,258
June                                       

July                                       
August                                     
September                                  
October                                    
November                                   
December                                   

April data as published last month :
                     56,159          -656        56,815
________________________________________________

                        Imports

                  Total
                 Balance                      Total
               of Payments       Net          Census
    Period        Basis      Adjustments      Basis

1996                

Jan.- Dec.          803,320         8,031       795,289
Jan.- May           322,146         4,771       317,375
January              62,190           281        61,910
February             60,975           395        60,580
March                64,585         1,221        63,364
April                66,284         1,620        64,664
May                  68,112         1,255        66,857
June                 65,078           882        64,196

July                 68,115           434        67,682
August               68,805           780        68,025
September            68,620           311        68,309
October              74,438           320        74,118
November             68,308           293        68,016
December             67,809           240        67,570

1997                

Jan.- Dec.          877,279         6,609       870,671
Jan.- May           350,030         4,059       345,971
January              67,604           252        67,352
February             65,602           430        65,171
March                72,145         1,458        70,687
April                72,271         1,021        71,250
May                  72,408           897        71,511
June                 72,548           892        71,656

July                 75,125           228        74,896
August               73,250           245        73,005
September            77,097           266        76,831
October              81,684           255        81,430
November             72,372           242        72,130
December             75,172           423        74,750

1998                

Jan.- May           369,046         1,919       367,126
January              71,037           578        70,459
February             69,005           226        68,779
March                78,702           508        78,194
April (R)            76,148           322        75,826
May                  74,153           286        73,868
June                                       

July                                       
August                                     
September                                  
October                                    
November                                   
December                                   

April data as published last month :
                     76,231           318        75,913

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

SOURCE: Report FT900 (CB-98-120), Bureau of the Census, Foreign Trade
        Division, MAY 1998.  For more information, contact Haydn R. 
        Mearkle (301-457-2246) or Richard M. Preuss (301-457-2311), 
        Foreign Trade Division.