
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.- June              -81,627       -70,686
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.- June              -87,463       -77,716
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.- June             -108,018      -101,100
January                 -16,324       -15,110
February                -14,576       -13,543
March                   -17,255       -15,865
April                   -19,934       -18,957
May (R)                 -18,382       -17,339
June                    -21,547       -20,286

July                             
August                           
September                        
October                          
November                         
December                         

May data as published last month :
                        -18,637       -17,609
___________________________________________

                             Exports

                      Total
                     Balance                      Total
                   of Payments       Net          Census
      Period          Basis      Adjustments      Basis


1996                

Jan.- Dec.              611,983       -13,092       625,075
Jan.- June              305,596        -5,289       310,885
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.- June              335,115        -4,797       339,912
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.- June              338,764        -4,643       343,407
January                  54,713          -636        55,350
February                 54,429          -807        55,236
March                    61,447          -882        62,329
April                    56,215          -655        56,869
May (R)                  55,905          -756        56,661
June                     56,055          -907        56,962

July                             
August                           
September                        
October                          
November                         
December                         

May data as published last month :
                         55,516          -742        56,258
____________________________________________________

                             Imports

                      Total
                     Balance                      Total
                   of Payments       Net          Census
      Period          Basis      Adjustments      Basis


1996                

Jan.- Dec.              803,320         8,031       795,289
Jan.- June              387,224         5,653       381,571
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.- June              422,578         4,951       417,627
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.- June              446,781         2,275       444,506
January                  71,037           578        70,459
February                 69,005           226        68,779
March                    78,702           508        78,194
April                    76,148           322        75,826
May (R)                  74,288           288        74,000
June                     77,602           354        77,248

July                             
August                           
September                        
October                          
November                         
December                         

May data as published last month :
                         74,153           286        73,868

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

SOURCE: Report FT900 (CB-98-148), Bureau of the Census, Foreign Trade
        Division, JUNE 1998.  For more information, contact Haydn R. 
        Mearkle (301-457-2246) or Richard M. Preuss (301-457-2311), 
        Foreign Trade Division.