
This release contains sensitive economic
data not to be released before 8:30 a.m. Friday,
August 18, 2000     

CB-00-132 Press Copy 
FT-900 (00-06) 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
                            June 2000

Goods and Services

The Bureau of the Census and the Bureau of Economic Analysis, through the
Department of Commerce, announced today that total June exports of $90.6
billion and imports of $121.2 billion resulted in a goods and services
deficit of $30.6 billion, $0.3 billion more than the $30.3 billion in May,
revised.  June exports were $4.0 billion more than May exports of $86.6
billion.  June imports were $4.3 billion more than May imports of $116.9
billion.

In June, the goods deficit increased $0.4 billion from May to $36.8 billion,
and the services surplus increased $0.1 billion to $6.2 billion.  Exports of
goods increased to $66.5 billion from $62.7 billion, and imports of goods
increased to $103.3 billion from $99.2 billion.  Exports of services increased
to $24.1 billion from $23.8 billion, and imports of services increased to
$17.8 billion from $17.7 billion.

Goods
     
The May to June change in exports of goods reflected increases in capital
goods of $2.1 billion (primarily semiconductors and computer accessories);
industrial supplies and materials ($0.7 billion); consumer goods ($0.6
billion) and automotive vehicles, parts, and engines ($0.5 billion).  Other
goods and foods, feeds, and beverages were virtually unchanged. 
 
The May to June change in imports of goods reflected increases in industrial
supplies and materials of $1.6 billion (primarily crude oil); automotive
vehicles, parts, and engines ($1.1 billion); capital goods ($0.8 billion);
other goods ($0.4 billion); and consumer goods ($0.1 billion).  Foods, feeds,
and beverages were virtually unchanged.

Services
     
Services exports increased $0.3 billion from May to June.  The increase was
partly accounted for by an increase in travel. Changes in the other categories 
of services exports were small. 

Services imports increased $0.2 billion from May to June.  The increase was
partly accounted for by small increases in other private services. Changes
in the other categories of services imports were small.

Goods and Services Moving Average 

For the three months ending in June, exports of goods and services averaged
$87.9 billion, while imports of goods and services averaged $118.4 billion,
resulting in an average trade deficit of $30.5 billion.  For the three months
ending in May, the average trade deficit was $30.5 billion, reflecting
average exports of $86.6 billion and average imports of $117.1 billion.

Selected Not Seasonally Adjusted Goods Details

The June figures showed surpluses, in billions of dollars, with Australia
$0.6 (for May $0.5), Egypt $0.3 ($0.2), Hong Kong $0.3 ($0.2), Argentina $0.1
($0.1), and  Brazil $0.1 ($0.1).  Deficits were recorded, in  billions  of
dollars, with China -$7.2 (-$6.3), Japan -$6.3 (-$6.9), OPEC -$4.6 (-$4.1),
Canada -$4.3 (-$3.7), Western Europe -$4.3 (-$5.7), Mexico -$2.3 (-$2.5),
Taiwan -$1.2 (-$1.5), Korea -$0.9 (-$0.7), and Singapore -$0.1 (-$0.3).

Advanced technology products (ATP) exports were $20.3 billion in June and
imports were $19.0 billion, resulting in a surplus of $1.2 billion.  June
exports were $2.0 billion more than the $18.3 billion in May, while imports
were $1.2 billion more than the $17.8 billion in May.

Revisions
     
Goods carry-over in June was $1.1 billion (1.6 percent) for exports and $0.8
billion (0.8 percent) for imports.  For May, revised export carry-over was
$0.1 billion (0.2 percent), revised down from $0.3 billion (0.5 percent).
For May, revised import carry-over was $0.1 billion (0.1 percent), revised
down from $0.6 billion (0.6 percent).

Services exports for May were virtually unrevised at $23.8 billion.  Services
imports for May were virtually unrevised at $17.7 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-00-132), Bureau of the Census, Foreign Trade
        Division, June 2000.  For more information, contact Haydn R. 
        Mearkle (301-457-2246) or Nick Orsini (301-457-2311), Foreign 
        Trade Division.           
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