United States Department of COMMERCE NEWS  
Washington, D.C. 20230             
			   
			   ECONOMICS
                              AND
                           STATISTICS
                         ADMINISTRATION
                          ------------
                       U.S. Census Bureau
                  Bureau of Economic Analysis
                                
                                
                                
            This release contains sensitive economic
        data not to be released before 8:30 a.m. Friday,
			January 17, 2003         
                                
CB-03-15    Press Copy 
FT-900 (02-11)

For information on goods contact:
U.S. Census Bureau:
Haydn R. Mearkle  	(301) 763-2246 
Nick Orsini             (301) 763-2311

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 2002

Goods and Services

     The U.S. Census Bureau and the Bureau of
Economic Analysis, through the Department of
Commerce, announced today that total November
exports of $83.2 billion and imports of $123.3
billion resulted in a goods and services deficit of
$40.1 billion, $4.9 billion more than the $35.2
billion in October, revised.  November exports were
$0.9 billion more than October exports of $82.3
billion.  November imports were $5.8 billion more
than October imports of $117.5 billion.

     In November, the goods deficit increased $4.8
billion from October to $44.3 billion, and the
services surplus decreased $0.1 billion to $4.2
billion.  Exports of goods increased $0.6 billion to
$58.0 billion, and imports of goods increased $5.4
billion to $102.3 billion.  Exports of services
increased to $25.2 billion from $24.9 billion, and
imports of services increased to $21.0 billion from
$20.6 billion.

Goods
     
     The October to November change in exports of
goods reflected increases in industrial supplies and
materials ($0.5 billion) and foods, feeds, and
beverages ($0.4 billion).  Decreases occurred in 
automotive vehicles, parts, and engines ($0.3
billion); capital goods ($0.1 billion); and other
goods ($0.1 billion).  Consumer goods were
virtually unchanged.

     The October to November change in imports of
goods reflected increases in consumer goods ($2.7
billion); capital goods ($2.1 billion); automotive
vehicles, parts, and engines ($0.7 billion); and
foods, feeds, and beverages ($0.4 billion). 
Decreases occurred in industrial supplies and
materials ($0.4 billion) and other goods ($0.2
billion).

Services
     
     Services exports increased $0.3 billion from
October to November.  The increase was mostly
accounted for by increases in travel, other private
services (which includes items such as business,
professional, and technical services; insurance
services; and financial services) and other
transportation (which includes freight and port 
expenditure services).

     Services imports increased $0.4 billion from
October to November.  Travel and other
transportation accounted for most of the increase.  

Goods and Services Moving Average 

     For the three months ending in November, exports
of goods and services averaged $82.8 billion, while
imports of goods and services averaged $120.2
billion, resulting in a average trade deficit of $37.5
billion.  For the three months ending in October, the
average trade deficit was $36.8 billion, reflecting
average exports of $82.8 billion and average imports
of $119.6 billion.

Selected Not Seasonally Adjusted Goods Details 
     
     The November figures showed surpluses, in
billions of dollars, with Australia $0.5 (for October
$0.6) and Hong Kong $0.3 ($0.1).  Deficits were
recorded, in billions of dollars, with China $10.5
($9.5), Western Europe $7.9 ($8.7), Japan $6.5
($6.5), Canada $3.7 ($4.3), OPEC $2.9 ($3.6),
Mexico $2.9 ($3.5), Korea $1.6 ($1.1), Taiwan $1.3
($1.1), Brazil $0.2 ($0.5), Argentina $0.2 ($0.1),
and Singapore $0.1 (surplus of $0.3).

 Advanced technology products (ATP) exports
were $14.7 billion in November and imports were
$17.7 billion, resulting in a deficit of $3.1 billion. 
November exports were $1.0 billion less than the
$15.7 billion in October, while imports were $0.2
billion more than the $17.5 billion in October. 

Revisions
     
     Goods carry-over in November was $0.6 billion
(1.0 percent) for exports and $1.2 billion (1.2
percent) for imports.  For October, revised export
carry-over was $0.1 billion (0.2 percent), revised
down from $0.3 billion (0.5 percent).  For October,
revised import carry-over was $0.2 billion (0.2
percent), revised down from $0.7 billion (0.7
percent).

     Services exports for October were virtually
unrevised at $24.9 billion.  Services imports for
October were revised up $0.1 billion to $20.6
billion.  The revision was more than accounted for
by an upward revision in passenger fares.



Table of Contents

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
