
PART A: SEASONALLY ADJUSTED

EXHIBIT 1. U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
           JANUARY 1997 TO MAY 1999

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

 
                                           Balance
        Period
                          Total           Goods (1)          Services
                                                                 


1997           

Jan.- Dec.                   -104,731          -196,652            91,921
Jan.- May                     -43,268           -81,723            38,455
January                        -9,693           -17,275             7,582
February                       -8,982           -16,320             7,338
March                          -7,937           -15,613             7,676
April                          -7,948           -15,816             7,868
May                            -8,707           -16,698             7,991
June                           -7,534           -15,364             7,830

July                           -7,607           -15,256             7,649
August                         -8,886           -16,812             7,926
September                      -9,230           -16,847             7,617
October                        -8,550           -16,488             7,938
November                       -9,436           -16,795             7,359
December                      -10,215           -17,367             7,152

1998           

Jan.- Dec.                   -164,282          -246,932            82,650
Jan.- May                     -61,456           -97,972            36,516
January                        -9,850           -17,141             7,291
February                      -10,706           -17,506             6,800
March                         -12,782           -20,229             7,447
April                         -13,217           -20,860             7,643
May                           -14,901           -22,236             7,335
June                          -13,843           -20,404             6,561

July                          -14,689           -21,066             6,377
August                        -15,860           -22,291             6,431
September                     -15,174           -21,611             6,437
October                       -14,358           -20,990             6,632
November                      -14,664           -21,539             6,875
December                      -14,241           -21,059             6,818

1999           

Jan.- May                     -93,687          -127,746            34,059
January                       -16,270           -23,350             7,080
February                      -18,544           -25,173             6,629
March                         -18,948           -25,681             6,733
April (R)                     -18,591           -25,334             6,743
May                           -21,335           -28,209             6,874
June                                   

July                                   
August                                 
September                              
October                                
November                               
December                               
April data as published last month:
                              -18,939           -25,544             6,605
__________________________

                                           Exports
        Period
                          Total           Goods (1)          Services
                                                                 


1997           

Jan.- Dec.                    938,543           679,715           258,828
Jan.- May                     381,445           275,581           105,864
January                        73,707            52,796            20,911
February                       75,169            54,409            20,760
March                          76,884            55,774            21,110
April                          77,949            56,575            21,374
May                            77,737            56,028            21,709
June                           78,997            57,292            21,705

July                           80,110            58,379            21,731
August                         79,571            57,496            22,075
September                      79,604            57,572            22,032
October                        80,232            58,044            22,188
November                       79,001            57,319            21,682
December                       79,586            58,031            21,555

1998           

Jan.- Dec.                    933,907           670,246           263,661
Jan.- May                     390,997           280,848           110,149
January                        79,397            57,748            21,649
February                       77,999            56,512            21,487
March                          78,436            56,406            22,030
April                          78,040            55,330            22,710
May                            77,126            54,853            22,273
June                           76,723            55,015            21,708

July                           75,824            54,164            21,660
August                         76,227            54,624            21,603
September                      77,234            55,472            21,762
October                        79,617            57,193            22,424
November                       79,126            56,926            22,200
December                       78,161            56,005            22,156

1999           

Jan.- May                     387,925           274,191           113,734
January                        77,903            55,263            22,640
February                       77,139            54,704            22,435
March                          77,054            54,326            22,728
April (R)                      78,224            55,269            22,955
May                            77,605            54,629            22,976
June                                   

July                                   
August                                 
September                              
October                                
November                               
December                               
April data as published last month:
                               78,012            55,140            22,872
___________________________________

                                            Imports
        Period
                          Total           Goods (1)          Services
                                                                 


1997           

Jan.- Dec.                  1,043,273           876,366           166,907
Jan.- May                     424,713           357,304            67,409
January                        83,400            70,071            13,329
February                       84,151            70,729            13,422
March                          84,821            71,387            13,434
April                          85,897            72,391            13,506
May                            86,444            72,726            13,718
June                           86,531            72,656            13,875

July                           87,717            73,635            14,082
August                         88,457            74,308            14,149
September                      88,834            74,419            14,415
October                        88,782            74,532            14,250
November                       88,437            74,114            14,323
December                       89,801            75,398            14,403

1998           

Jan.- Dec.                  1,098,189           917,178           181,011
Jan.- May                     452,453           378,820            73,633
January                        89,247            74,889            14,358
February                       88,705            74,018            14,687
March                          91,217            76,634            14,583
April                          91,257            76,190            15,067
May                            92,027            77,089            14,938
June                           90,566            75,419            15,147

July                           90,513            75,230            15,283
August                         92,086            76,914            15,172
September                      92,409            77,084            15,325
October                        93,975            78,183            15,792
November                       93,789            78,464            15,325
December                       92,402            77,064            15,338

1999           

Jan.- May                     481,612           401,937            79,675
January                        94,172            78,612            15,560
February                       95,682            79,876            15,806
March                          96,001            80,006            15,995
April (R)                      96,815            80,603            16,212
May                            98,941            82,839            16,102
June                                   

July                                   
August                                 
September                              
October                                
November                               
December                               
April data as published last month:
                               96,952            80,685            16,267

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

SOURCE: Report FT900 (CB-99-137), Bureau of the Census, Foreign Trade
        Division, May 1999.  For more information, contact Haydn R. 
        Mearkle (301-457-2246) or Nick Orsini (301-457-2311), 
        Foreign Trade Division.