



                         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. Friday,
January 19, 2001
                                
CB-01-12 Press Copy 
FT-900 (00-11) 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
                                 November 2000

Goods and Services

The Bureau of the Census and the Bureau of Economic Analysis, through the
Department of Commerce, announced today that total November  exports of
$90.4 billion and imports of $123.3 billion resulted in a goods and services
deficit of $33.0 billion, $0.6 billion less than the $33.6 billion in
October, revised.  November exports were $0.8 billion less than October
exports of $91.1 billion.  November imports were $1.3 billion less than
October imports of $124.7 billion.  

In November, the goods deficit decreased $0.9 billion from October to
$39.0 billion, and the services surplus decreased $0.3 billion to $6.0
billion.  Exports of goods decreased to $65.7 billion from $66.3 billion,
and imports of goods decreased to $104.7 billion from $106.2 billion. 
Exports of services decreased to $24.7 billion from $24.8 billion, and
imports of services increased to $18.7 billion from $18.4 billion.

Goods
     
The October to November change in exports of goods reflected decreases in
capital goods ($0.4 billion); automotive vehicles, parts, and engines ($0.2
billion); other goods ($0.2 billion); and foods, feeds, and beverages ($0.1
billion).  Increases occurred in consumer goods ($0.2 billion) and industrial
supplies and materials ($0.1 billion).
 
The October to November change in imports of goods reflected decreases in
industrial supplies and materials ($1.1 billion); capital goods ($0.8
billion); and automotive vehicles, parts, and engines ($0.2 billion).
Increases occurred in other goods ($0.2 billion); consumer goods ($0.2
billion); and foods, feeds, and beverages ($0.2 billion).

Services
     
Services exports decreased $0.1 billion from October to November.  The
decrease was more than accounted for by a decrease in other private
services (which include items such as financial services and business,
professional, and technical services).  Changes in the other categories of
services exports were small and nearly offsetting.

Services imports increased $0.2 billion from October to November, mostly
reflecting increases in travel and passenger fares.  Changes in the other
categories of services imports were small.

Goods and Services Moving Average 

For the three months ending in November, exports of goods and services
averaged $91.4 billion, while imports of goods and services averaged
$124.8 billion, resulting in an average trade deficit of $33.4 billion.
For the three months ending in October, the average trade deficit was
$32.5 billion, reflecting average exports of $92.2 billion and average
imports of $124.7 billion.

Selected Not Seasonally Adjusted Goods Details 

The November figures showed surpluses, in billions of dollars, with Hong Kong
$0.4 (for October $0.3), Australia $0.4 ($0.5), Brazil $0.3 ($0.5), Argentina
$0.2 ($0.1), and Egypt $0.1 ($0.3).  Deficits were recorded, in  billions  of  
dollars, with China -$7.6 (-$9.1), Japan -$6.8 (-$8.4), Western Europe -$5.5
(-$6.1), Canada -$4.7 (-$4.6), OPEC -$3.8 (-$4.3), Mexico -$2.0 (-$2.4),
Taiwan -$1.7 (-$1.6), Korea -$1.5 (-$1.4), and Singapore -$0.2 (-$0.0).

Advanced technology products (ATP) exports were $19.6 billion in November and
imports were $20.3 billion, resulting in a deficit of $0.8 billion.  November
exports were $0.9 billion less than the $20.5 billion in October, while
imports were $1.0 billion less than the $21.4 billion in October.

Revisions
     
Goods carry-over in November was $0.5 billion (0.7 percent) for exports and
$1.0 billion (0.9 percent) for imports.  For October, revised export
carry-over was $0.6 billion (0.9 percent), revised down from $1.1 billion
(1.6 percent).  For October, revised import carry-over was $0.3 billion
(0.3 percent), revised down from $0.7 billion (0.6 percent).

Services exports for October were virtually unrevised at $24.8 billion.

Services imports for October were virtually unrevised at $18.4 billion.


     Scheduled Release Dates In 2001 are Located on Page 29
                

                        Table of Contents

                         November  2000
                      
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-01-12), Bureau of the Census, Foreign Trade
        Division, November 2000.  For more information, contact Haydn R. 
        Mearkle (301-457-2246) or Nick Orsini (301-457-2311), Foreign 
        Trade Division.           


                         
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