

                      United States Department of
                              COMMERCE NEWS
                         Washington, D.C. 20230

                                 ECONOMICS
                                    AND
                                 STATISTICS
                               ADMINISTRATION
                                ------------
                            Bureau of the Census
                        Bureau of Economic Analysis
                                
This release contains sensitive economic
data not to be released before 8:30 a.m. Thursday,
October 19, 2000
                                
CB-00-173 Press Copy 
FT-900 (00-08) 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:      Ralph Morris     (202) 606-2649

          U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
                           August 2000
Goods and Services

The Bureau of the Census and the Bureau of Economic Analysis, through the
Department of Commerce, announced today that total August exports of
$93.0 billion and imports of $122.5 billion resulted in a goods and services
deficit of $29.4 billion, $2.3 billion less than the $31.7 billion in July,
revised.  August exports were $3.2 billion more than July exports of $89.8
billion.  August imports were $1.0 billion more than July imports of $121.5
billion.  

In August, the goods deficit decreased $2.1 billion from July to $36.4
billion, and the services surplus increased $0.1 billion to $7.0 billion. 
Exports of goods increased to $68.0 billion from $65.1 billion, and imports
of goods increased to $104.4 billion from $103.6 billion.  Exports of
services increased to $25.1 billion from $24.7 billion, and imports of
services increased to $18.1 billion from $17.9 billion.

Goods
     
The July to August change in exports of goods reflected increases in capital
goods ($1.2 billion); industrial supplies and materials ($0.9 billion);
automotive vehicles, parts, and engines ($0.7 billion); foods, feeds, and
beverages ($0.2 billion); and consumer goods ($0.2 billion).  A decrease
occurred in other goods ($0.1 billion).
 
The July to August change in imports of goods reflected increases in capital
goods ($1.2 billion); consumer goods ($0.2 billion); and other goods
($0.2 billion).  Decreases occurred in industrial supplies and materials
($0.7 billion) and automotive vehicles, parts, and engines ($0.3 billion).
Foods, feeds, and beverages were virtually unchanged.

Services
     
Services exports increased $0.4 billion from July to August.  The increase
was mostly accounted for by increases in other private services (mainly
business, professional, and technical services and financial services) and
travel.  Changes in the other categories of services exports were small. 

Services imports increased $0.2 billion from July to August, reflecting
small increases in nearly every category. 

Goods and Services Moving Average 

For the three months ending in August, exports of goods and services averaged
$91.3 billion, while imports of goods and services averaged $121.6 billion,
resulting in an average trade deficit of $30.3 billion.  For the three months
ending in July, the average trade deficit was $30.4 billion, reflecting
average exports of $89.2 billion and average imports of $119.7 billion.

Selected Not Seasonally Adjusted Goods Details 

The August figures showed surpluses, in billions of dollars, with Australia
$0.5 (for July $0.4), Egypt $0.2 ($0.2), Hong Kong $0.2 ($0.1), Argentina
$0.1 ($0.1), and Brazil $0.0 ($0.1).  Deficits were recorded, in billions
of dollars, with China -$8.6 (-$7.6), Japan -$6.8 (-$7.5), Western Europe
-$5.2 (-$7.2), Canada -$4.5 (-$4.6), OPEC -$4.4 (-$4.5), Mexico -$1.9
(-$2.2), Taiwan -$1.4 (-$1.0), Korea -$1.2 (-$1.2), and Singapore -$0.2
(-$0.1).

Advanced technology products (ATP) exports were $19.7 billion in August and
imports were $20.1 billion, resulting in a deficit of $0.4 billion. August
exports were $1.6 billion more than the $18.1 billion in July, while imports
were $1.6 billion more than the $18.5 billion in July.

Revisions
     
Goods carry-over in August was $0.6 billion (1.0 percent) for exports and
$0.7 billion (0.7 percent) for imports.  For July, revised export carry-over
was $0.7 billion (1.2 percent), revised down from $1.2 billion (2.0 percent).
For July, revised import carry-over was $0.3 billion (0.3 percent), revised
down from $0.9 billion (0.9 percent).

Services exports for July were virtually unrevised at $24.7 billion.  Services
imports for July were virtually unrevised at $17.9 billion.





                        Table of Contents

                          August 2000                                                     August  1995


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-00-173), Bureau of the Census, Foreign Trade
        Division, August 2000.  For more information, contact Haydn R. 
        Mearkle (301-457-2246) or Nick Orsini (301-457-2311), Foreign 
        Trade Division.           
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