                          PART A: SEASONALLY ADJUSTED
            EXHIBIT 1. US INTERNATIONAL TRADE IN GOODS AND SERVICES
                            JANUARY 2001 TO May 2003
                                        
     (In millions of dollars.  Details may not equal totals due to seasonal
                    adjustments and rounding.  (R) Revised.)

Balance
Period                     Total              Goods            Services

2001                                                                    

Jan.- Dec.                  -357,819           -427,215           69,396
Jan.- May                   -153,433           -184,065           30,632

January                      -33,736            -39,803            6,067
February                     -27,865            -34,379            6,514
March                        -31,840            -38,544            6,704
April                        -31,351            -37,000            5,649
May                          -28,641            -34,339            5,698
June                         -29,464            -35,831            6,367

July                         -29,963            -35,936            5,973
August                       -28,334            -34,340            6,006
September                    -30,747            -36,045            5,298
October                      -30,869            -35,825            4,956
November                     -29,076            -34,032            4,956
December                     -25,939            -31,141            5,202

2002                                                                    

Jan.- Dec.                  -418,038           -482,872           64,834
Jan.- May                   -159,375           -186,636           27,261

January                      -28,299            -33,495            5,196
February                     -31,049            -35,876            4,827
March                        -30,704            -36,661            5,957
April                        -34,225            -39,773            5,548
May                          -35,097            -40,830            5,733
June                         -35,563            -40,683            5,120

July                         -34,069            -39,304            5,235
August                       -36,249            -42,070            5,821
September                    -36,663            -41,938            5,275
October                      -35,154            -40,647            5,493
November                     -38,629            -44,147            5,518
December                     -42,332            -47,447            5,115

2003                                                                    

Jan.- May                   -205,075           -229,156           24,081

January                      -40,134            -44,859            4,725
February                     -38,584            -43,654            5,070
March                        -42,874            -47,507            4,633
April (R)                    -41,646            -46,359            4,713
May                          -41,837            -46,777            4,940
June                                                                    

July                                                                    
August                                                                  
September                                                               
October                                                                 
November                                                                
December                                                                
                                        
April data as published last month:
			     -42,028		-46,579		   4,551
                               _________________

Exports
Period                     Total              Goods            Services

2001                                                                    

Jan.- Dec.                 1,007,580            718,712          288,868
Jan.- May                    443,180            318,483          124,697

January                       90,206             65,132           25,074
February                      90,277             65,401           24,876
March                         88,785             63,612           25,173
April                         86,822             61,966           24,856
May                           87,089             62,371           24,718
June                          85,246             60,119           25,127

July                          83,085             58,399           24,686
August                        83,516             58,663           24,853
September                     77,298             55,464           21,834
October                       78,235             56,263           21,972
November                      78,552             55,999           22,553
December                      78,467             55,322           23,145

2002                                                                    

Jan.- Dec.                   974,107            681,874          292,233
Jan.- May                    398,169            279,018          119,151

January                       78,580             55,228           23,352
February                      78,579             54,988           23,591
March                         79,286             55,083           24,203
April                         80,674             56,871           23,803
May                           81,050             56,848           24,202
June                          81,974             57,702           24,272

July                          82,954             58,638           24,316
August                        82,566             57,870           24,696
September                     82,294             57,807           24,487
October                       82,159             57,301           24,858
November                      82,917             57,765           25,152
December                      81,075             55,774           25,301

2003                                                                    

Jan.- May                    411,323            288,158          123,165

January                       82,191             57,143           25,048
February                      82,913             57,907           25,006
March                         82,839             58,296           24,543
April (R)                     81,331             57,230           24,101
May                           82,050             57,583           24,467
June                                                                    

July                                                                    
August                                                                  
September                                                               
October                                                                 
November                                                                
December                                                                
                               
April data as published last month:
			      81,002	 	 57,222           23,780
                               _________________

Imports
Period                     Total              Goods            Services

2001                                                                    

Jan.- Dec.                 1,365,399          1,145,927          219,472
Jan.- May                    596,613            502,548           94,065

January                      123,942            104,935           19,007
February                     118,141             99,779           18,362
March                        120,625            102,156           18,469
April                        118,174             98,967           19,207
May                          115,730             96,710           19,020
June                         114,710             95,950           18,760

July                         113,048             94,335           18,713
August                       111,850             93,003           18,847
September                    108,045             91,509           16,536
October                      109,104             92,088           17,016
November                     107,628             90,031           17,597
December                     104,406             86,463           17,943

2002                                                                    

Jan.- Dec.                 1,392,145          1,164,746          227,399
Jan.- May                    557,543            465,653           91,890

January                      106,879             88,723           18,156
February                     109,628             90,864           18,764
March                        109,990             91,744           18,246
April                        114,899             96,644           18,255
May                          116,147             97,678           18,469
June                         117,537             98,385           19,152

July                         117,023             97,942           19,081
August                       118,815             99,940           18,875
September                    118,957             99,745           19,212
October                      117,314             97,949           19,365
November                     121,545            101,911           19,634
December                     123,406            103,220           20,186

2003                                                                    

Jan.- May                    616,398            517,314           99,084

January                      122,324            102,001           20,323
February                     121,496            101,560           19,936
March                        125,713            105,803           19,910
April (R)                    122,977            103,589           19,388
May                          123,887            104,360           19,527
June                                                                    

July                                                                    
August                                                                  
September                                                               
October                                                                 
November                                                                
December                                                                
                      
April data as published last month:
			     123,030            103,801		  19,229

NOTE:  (1)  Data presented on a Balance of Payments (BOP) basis.  For information
on data sources and methodology, see the information section on page 26 of this
release, or at www.census.gov/foreign-trade/www/press.html or
www.bea.gov/bea/rels.htm.
                                                  

SOURCE: Report FT900 (CB-03-107, BEA-03-27), Bureau of the Census, Foreign
Trade Division, May 2003.  For more information, contact Haydn R. 
Mearkle (301-763-2246) or Nick Orsini (301-763-2311), Foreign
Trade Division.
