

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

                                       ECONOMICS
                                         AND
                                      STATISTICS
                                    ADMINISTRATION
                                     ------------
                                  U.S. Census Bureau
                              Bureau of Economic Analysis                                         
                                                              
                                
                               
                                      CB-02-73
                                     FT-900 (02)
                                          
                                    June 20, 2002


For information on goods contact:
Haydn R. Mearkle       (301) 457-2246 U.S. Census Bureau 
Nick Orsini            (301) 457-2311 U.S. Census Bureau
                                
For information on services contact:
Media: Larry Moran             (202) 606-2649 Bureau of Economic Analysis 
Technical: Christopher Bach    (202) 606-9545 Bureau of Economic Analysis
                               
                                 
                                                
                                
                                
                  U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES

                             Annual Revision for 2001

                                 
                                       NOTICE
          
In this release, the U.S. Census Bureau and the Bureau of Economic Analysis 
(BEA) are jointly publishing revised data on U.S. trade in goods for 1999-2001 
and revised data for services for 1998-2001.  The data for 2000-2001 in this 
release are also reflected in today's joint release of "U.S. International Trade 
in Goods and Services: April 2002, and in today's BEA release of "U.S. 
International Transactions: First Quarter 2002".  Additional information on 
other U.S. international transactions is available in the BEA release and on
BEA's Web site at www.bea.gov.  
     
Goods

The 2001 unadjusted Census-basis goods data were revised to eliminate "carry-over" 
(that portion of the monthly statistics that arrives too late for inclusion in 
the transaction month) and to include errata (corrections to the published monthly 
data).  Once these corrections were completed, factors for seasonal adjustments 
and trading-day adjustments were recomputed, and the seasonally adjusted current-
dollar series were revised for 1999-2001 and the first quarter of 2002.  Similar 
changes were made to the constant-dollar series, which were revised for 1999-2001 
and the first quarter of 2002.    

Services

Revisions to the services accounts resulted from the incorporation of results 
from BEA's annual and quarterly surveys, from BEA's Benchmark Survey of Selected 
Services Transactions for 2001 (covering mainly business, professional, and 
technical services), and from other newly available and updated source data.  The 
estimates for other private services exports and for other private services 
imports included significant revisions to business, professional, and technical 
services in 2000 and 2001, and to insurance in 2001.  The revisions in 2001 
largely reflected new data reported on BEA annual surveys for construction 
services (which are a component of business, professional, and technical
services) and for insurance.  These estimates had previously been based on 
preliminary BEA annual survey data for 2000, on press reports, and on industry 
information.




                                    Table of Contents
                                        April 2002



Seasonally Adjusted

Exhibit 1  U.S. International Trade in Goods and Services. . . ..........1

Exhibit 2  U.S. Services by Major Category--Exports. . . . . . ..........2

Exhibit 3  U.S. Services by Major Category--Imports. . . . . . ..........3

Exhibit 4  U.S. Trade in Goods . . . . . . . . . . . . . . . . ..........4

Exhibit 5  Exports of Goods by Principal End-Use Category. . . ..........5

Exhibit 5a Imports of Goods by Principal End-Use Category . . ...........6

Exhibit 6  Exports of Goods by End-Use Category and Commodity  ..........7

Exhibit 7  Imports of Goods by End-Use Category and Commodity. ..........9

Exhibit 8  Petroleum and Non-Petroleum End-Use Category Totals......... 11

Exhibit 9  Exports of Goods by Principle End-Use
           Category (1996 Constant Dollars). . . . . ...................12

Exhibit 9a Imports of Goods by Principle End-Use 
           Category (1996 Constant Dollars). . . . . . . . . . .........13

Exhibit 10 Exports, Imports, and Balance of Goods, Petroleum and Non-
           Petroleum End-Use Commodity Category Totals 
           (1996 Constant Dollars) .....................................14

Not Seasonally Adjusted

Exhibit 11 U.S. Trade in Goods. . . . . . . . . . . . . . . . ..........15

Exhibit 12 Exports of Goods by Principal End-Use Category . . ..........16

Exhibit 12a Imports of Goods by Principal End-Use Category. . ..........17

Exhibit 13 Exports, Imports, and Trade Balance by Country and Area,
           Not Seasonally Adjusted - 2001 . . . . . . . . . . ..........18

Exhibit 14 Exports and Imports of Goods by Principal SITC 
           Commodity Groupings..........................................43

Exhibit 15 Exports, Imports, and Balance of Advanced Technology 
           Products ....................................................51

Exhibit 16 Imports of Energy - Related Petroleum Products,  
           Including Crude Petroleum . . . . . . . . . . . . . .........52

Exhibit 17 Exports and Imports of Motor Vehicles and Parts by 
           Selected Countries - 2001 ...................................53

1992-1998 Data

Exhibit 18 U.S. International Trade in Goods and Services . . ..........58

Exhibit 19 U.S. Services by Major Category - Exports. . . . . ..........61

Exhibit 20 U.S. Services by Major Category - Imports . . . . . .........64





















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SOURCE: Report FT900 (02) (CB-02-73), U.S. Census Bureau, Foreign Trade
        Division, FINAL 2001. For more information, contact Haydn R. 
        Mearkle (301-457-2246) or Nick Orsini (301-457-2311), 
        Foreign Trade Division.

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