
This release contains sensitive economic
data not to be released before 8:30 a.m. Wednesday,
April 19, 2000     

CB-00-59     Press Copy 
FT-900 (00-02)

For information on goods contact:
Bureau of the Census:
Haydn R. Mearkle  (301) 457-2246 
Nick Orsini       (301) 457-2311

For information on services contact:
Bureau of Economic Analysis:
Technical: Christopher Bach (202) 606-9545
Media: Larry Moran          (202) 606-2649


          U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
                          February 2000

Goods and Services

The Bureau of the Census and the Bureau of Economic Analysis, through the
Department of Commerce, announced today that total February exports of
$84.2 billion and imports of $113.4 billion resulted in a goods and services
deficit of $29.2 billion, $1.8 billion more than the deficit of $27.4 billion
in January, revised.  February exports were $0.2 billion less than January
exports of $84.3 billion.  February imports were $1.6 billion more than
January imports of $111.8 billion.  

In February, the goods deficit increased $1.8 billion from January to $36.0
billion, and the services surplus was unchanged at $6.7 billion.  Exports of
goods decreased to $60.2 billion from $60.7 billion, and imports of goods
increased to $96.2 billion from $94.9 billion.  Exports of services increased
to $24.0 billion from $23.6 billion, and imports of services increased to
$17.3 billion from $16.9 billion.

Goods
     
The January to February change in exports of goods reflected decreases in
capital goods of $0.9 billion (primarily civilian aircraft, telecommunications
equipment, and industrial machines); foods, feeds, and beverages ($0.1
billion); and automotive vehicles, parts, and engines ($0.1 billion). 
Increases occurred in industrial supplies and materials ($0.3 billion);
consumer goods ($0.3 billion); and other goods ($0.2 billion).  The January
to February change in imports of goods reflected increases in industrial
supplies and materials of $2.0 billion (primarily crude oil, fuel oil, and
other petroleum products) and capital goods ($0.4 billion).  Decreases occurred
in automotive vehicles, parts, and engines ($1.1 billion) and consumer goods
($0.2 billion).  Other goods and foods, feeds, and beverages were virtually
unchanged.  Note:  Total goods are reported on a balance of payments basis;
commodity and country detail for goods are on a Census basis.  Definitions
are explained in the notes starting on page 26 of this release.

Services
     
Services exports increased $0.4 billion from January to February, mostly
reflecting increases in other private services and travel.  Changes in the
other categories of services exports were small.

Services imports increased $0.3 billion from January to February, reflecting
increases in travel, other private services, and other transportation. 
Changes in the other categories of services imports were small.

Goods and Services Moving Average 

For the three months ending in February, exports of goods and services
averaged $84.7 billion, while imports of goods and services averaged $111.8
billion, resulting in an average trade deficit of $27.1 billion.  For the
three months ending in January, the average trade deficit was $26.0 billion,
reflecting average exports of $84.3 billion and average imports of $110.3
billion.

Selected Not Seasonally Adjusted Goods Details 

The February figures showed surpluses, in billions of dollars, with Australia
$0.6 (for January $0.5), Egypt $0.4 ($0.2), Hong Kong $0.2 (-$0.1), and
Argentina $0.1 ($0.1).  Deficits were recorded, in billions of dollars, with
Japan -$6.7 (-$5.6), China -$5.6 (-$6.0), Western Europe -$3.5 (-$3.6),
Canada -$3.3 (-$4.1), OPEC -$3.2 (-$2.7), Mexico -$2.0 (-$1.8), Taiwan -$1.3
(-$1.3), Korea -$0.7 (-$1.0), Singapore -$0.2 (-$0.2), and Brazil -$0.0
(-$0.1).

Advanced technology products (ATP) exports were $16.4 billion in February and
imports were $15.5 billion, resulting in a surplus of $0.9 billion.  February
exports were virtually unchanged from the $16.4 billion in January, while
imports were $0.8 billion more than the $14.7 billion in January.

Revisions
     
Goods carry-over in February was $1.2 billion (2.0 percent) for exports and
$1.2 billion (1.3 percent) for imports.  For January, revised export carry-
over was $0.3 billion (0.5 percent), revised down from $0.9 billion (1.6
percent).  For January, revised import carry-over was $0.2 billion (0.2
percent), revised down from $1.4 billion (1.6 percent).

Services exports for January were virtually unrevised at $23.6 billion.
Services imports for January were virtually unrevised at $16.9 billion.


Seasonally Adjusted

Exhibit 1  International Trade in Goods and Services. . . . . . ..........4

Exhibit 2  Goods and Services Centered Three - Month Moving Averages......5

Exhibit 3  U.S. Services by Major Category--Exports . . . . . ............6

Exhibit 4  U.S. Services by Major Category--Imports . . . . . ............7

Exhibit 5  U.S. Trade in Goods. . . . . . . . . . . . . . . . ............8

Exhibit 6  Exports and Imports of Goods by Principal End-Use Category.....9

Exhibit 7  Exports of Goods by End-Use Category and Commodity ...........10

Exhibit 8  Imports of Goods by End-Use Category and Commodity ...........12

Exhibit 9  Petroleum and Non-Petroleum End-Use Category Totals ..........14

Exhibit 10 Exports and Imports of Goods by Principal End-Use
           Category (Constant Dollars) . . . . . . . ....................15

Exhibit 11 Exports, Imports, and Balance of Goods, Petroleum and Non-
           Petroleum End-Use Commodity Category Totals
           (Constant Dollars)............................................16

Not Seasonally Adjusted

Exhibit 12 U.S. Trade in Goods. . . . . . . . . . . . . . . . ...........17

Exhibit 13 Exports and Imports of Goods by Principal End-Use Category....18


Exhibit 14 Exports, Imports, and Balance of Goods by Selected  
           Countries and Areas   . . . . . . . . . . . . . . . ..........19

Exhibit 15 Exports and Imports of Goods by Principal SITC
           Commodity Groupings...........................................21

Exhibit 16 Exports, Imports, and Balance of Advanced Technology
           Products......................................................23

Exhibit 17 Imports of Energy - Related Petroleum Products, 
           Including Crude Petroleum . . . . . . . . . . . . . ..........24

Exhibit 18 Exports and Imports of Motor Vehicles and Parts By
           Selected Countries............................................25

Information on Goods and Services. . . . . . . . . . . . . . . ..........26

SOURCE: Report FT900 (CB-00-59), Bureau of the Census, Foreign Trade
        Division, February 2000.  For more information, contact Haydn R. 
        Mearkle (301-457-2246) or Nick Orsini (301-457-2311), Foreign 
        Trade Division.           
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