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

ECONOMICS
AND
STATISTICS
ADMINISTRATION
------------
U.S. Census Bureau
U.S. Bureau of Economic Analysis
                                
This release contains sensitive economic
data not to be released before 8:30 a.m. Thursday,
November 13, 2003

CB-03-178
BEA-03-44
FT-900 (03-09)
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:
U.S. Bureau of Economic Analysis:
Technical:  Christopher Bach  (202) 606-9545
Media:       Larry Moran          (202) 606-2649

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
September 2003

Goods and Services

     The U.S. Census Bureau and the U.S. Bureau of
Economic Analysis, through the Department of
Commerce, announced today that total September
exports of $86.2 billion and imports of $127.4 billion
resulted in a goods and services deficit of $41.3
billion, $1.8 billion more than the $39.5 billion in
August, revised.  September exports were $2.4 billion
more than August exports of $83.8 billion.  September
imports were  $4.1 billion more than August imports of
$123.3 billion.

     In September, the goods deficit increased $1.8 billion
from August to $46.5 billion, and the services surplus was
virtually unchanged at $5.2 billion.  Exports of goods
increased $2.1 billion to $59.8 billion, and imports of
goods increased $3.9 billion to $106.3 billion.  Exports of
services increased to $26.3 billion from $26.1 billion, and
imports of services increased to $21.1 billion from $20.9
billion.

     In September, the goods and services deficit was up
$4.6 billion from September 2002.  Exports were up $3.9
billion, or 4.7 percent, and imports were up $8.5 billion,
or 7.1 percent.

Goods
     
The August to September change in exports of goods
reflected increases in capital goods ($0.8 billion); 
automotive vehicles, parts, and engines ($0.6 billion); 
consumer goods ($0.3 billion); foods, feeds, and
beverages ($0.3 billion); and industrial supplies and
materials ($0.1 billion).  Other goods were virtually
unchanged.

     The August to September change in imports of goods
reflected increases in automotive vehicles, parts, and
engines ($1.7 billion); capital goods ($1.4 billion);
consumer goods ($0.4 billion); foods, feeds, and
beverages ($0.3 billion); other goods ($0.2 billion); and
industrial supplies and materials ($0.2 billion).
                                 
     The September 2002 to September 2003 change in
exports of goods reflected increases in industrial supplies
and materials ($0.8 billion); consumer goods ($0.7
billion); foods, feeds, and beverages ($0.5 billion); and
automotive vehicles, parts, and engines ($0.1 billion).  A
decrease occurred in capital goods ($0.1 billion).  Other
goods were virtually unchanged.

     The September 2002 to September 2003 change in
imports of goods reflected increases in industrial supplies
and materials ($3.5 billion); capital goods ($1.7 billion);
consumer goods ($1.4 billion); and foods, feeds, and
beverages ($0.6 billion).  Decreases occurred in
automotive vehicles, parts, and engines ($0.4 billion) and
other goods ($0.2 billion).
     
Services
     
     Services exports increased $0.2 billion from August to
September.  The increase was mostly accounted for by an
increase in other private services (which includes items
such as business, professional, and technical services,
insurance services, and financial services).  Changes in
the other categories of services exports were small.

     Services imports increased $0.2 billion from August to
September.  The increase was mostly accounted for by
increases in other private services, travel, and other
transportation (which includes freight and port services). 
Changes in the other categories of services imports were
small. 

     From September 2002 to September 2003, services
exports increased $1.8 billion.  The largest increase was
in other private services ($1.2 billion).  

     From September 2002 to September 2003, services
imports increased $1.9 billion.  The largest increases were
in other private services ($0.6 billion), other
transportation ($0.5 billion), and passenger fares ($0.4
billion). 
     
Goods and Services Moving Average 

     For the three months ending in September, exports of
goods and services averaged $85.3 billion, while imports
of goods and services averaged $125.6 billion, resulting
in a average trade deficit of $40.3 billion.  For the three
months ending in August, the average trade deficit was
$39.9 billion, reflecting average exports of $84.8 billion
and average imports of $124.6 billion.  
                                                                   
Selected Not Seasonally Adjusted Goods Details 

     The September figures showed surpluses, in billions of
dollars, with Australia $0.7 (for August $0.5), Hong Kong
$0.3 ($0.3), and Egypt ($0.3) ($0.2).  Deficits were
recorded, in billions of dollars, with China $12.7 ($11.7),
Western Europe $8.9 ($6.9), Canada $5.2 ($4.8), Japan
$5.1 ($4.8), OPEC $4.0 ($4.1), Mexico $3.3 ($3.4),
Taiwan $1.4 ($1.2), Korea $1.1 ($0.9), Brazil $0.6 ($0.6),
and Singapore $0.1 (surplus of $0.8).

     Advanced technology products (ATP) exports were
$15.0 billion in September and imports were $18.9 billion
resulting in a deficit of $3.9 billion.  September exports
were $0.5 billion more than the $14.5 billion in August,
while imports were $2.7 billion more than the $16.2
billion in August.

Revisions
     
     Goods carry-over in September was $0.3 billion (0.4
percent) for exports and $1.0 billion (0.9 percent) for
imports.  For August, revised export carry-over was $0.1
billion (0.2 percent), revised down from $0.3 billion (0.4
percent).  For August, revised import carry-over was
virtually zero, revised down from $0.7 billion (0.7
percent).

     Services exports for August were revised up $0.2
billion to $26.1 billion.  The revision was accounted for
by upward revisions in travel and passenger fares. 
Services imports for August were revised up $0.3 billion
to $20.9 billion.  The revision was more than accounted
for by upward revisions in travel and 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 Averages5

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 Category9

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 Real Exports and Imports of Goods by Principal End-Use
             Category (2000 Chain-weighted dollars). . . . . . . 15

Exhibit 11 Real Exports, Imports, and Balance of Goods, Petroleum and Non-
             Petroleum End-Use Commodity Category Totals (2000 Chain-weighted dollars)16
  

Not Seasonally Adjusted          

Exhibit 12  U.S. Trade in Goods. . . . . . . . . . . . . . . . . 17

Exhibit 13  Exports and Imports of Goods by Principal End-Use Category18

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 Groupings21

Exhibit 16  Exports, Imports, and Balance of Advanced Technology Products23

Exhibit 17  Imports of Energy - Related Petroleum Products, 
             Including Crude Oil . . . . . . . . . . . . . . . . 24

Exhibit 18  Exports and Imports of Motor Vehicles and Parts By Selected Countries25

Information on Goods and Services. . . . . . . . . . . . . . . . 26
