                          PART A: SEASONALLY ADJUSTED
           EXHIBIT 2. U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
          THREE MONTH MOVING AVERAGES -- JANUARY 2001 TO October 2003
                                        
     (In millions of dollars.  Details may not equal totals due to seasonal
                    adjustments and rounding.  (R) Revised.)

Balance

Center Month
of Moving Averages
                           Total              Goods (1)        Services

2001                                                                    

January                    ---                ---              ---
February                     -31,147            -37,575            6,428
March                        -30,352            -36,641            6,289
April                        -30,611            -36,628            6,017
May                          -29,819            -35,723            5,905
June                         -29,356            -35,369            6,013

July                         -29,254            -35,369            6,115
August                       -29,681            -35,440            5,759
September                    -29,983            -35,403            5,420
October                      -30,231            -35,301            5,070
November                     -28,628            -33,666            5,038
December                     -27,771            -32,889            5,118

2002                                                                    

January                      -28,429            -33,504            5,075
February                     -30,018            -35,344            5,327
March                        -31,993            -37,437            5,444
April                        -33,342            -39,088            5,746
May                          -34,962            -40,429            5,467
June                         -34,910            -40,272            5,363

July                         -35,294            -40,686            5,392
August                       -35,660            -41,104            5,444
September                    -36,022            -41,552            5,530
October                      -36,815            -42,244            5,429
November                     -38,705            -44,080            5,375
December                     -40,332            -45,484            5,152

2003                                                                    

January                      -40,328            -45,320            4,992
February                     -40,544            -45,340            4,796
March (R)                    -41,198            -45,840            4,642
April (R)                    -42,259            -46,840            4,581
May (R)                      -41,395            -46,030            4,635
June (R)                     -40,884            -45,587            4,703

July (R)                     -40,152            -44,943            4,790
August (R)                   -40,471            -45,442            4,971
September                    -40,906            -46,244            5,337
October                                                                 
November                                                                
December                                                                
                                        
                               _________________

Exports
Center Month of Moving Averages
                           Total              Goods            Services

2001                                                                    

January                    ---                ---              ---
February                      89,756             64,715           25,041
March                         88,628             63,660           24,968
April                         87,566             62,650           24,916
May                           86,386             61,486           24,900
June                          85,140             60,296           24,844

July                          83,949             59,060           24,889
August                        81,300             57,509           23,791
September                     79,683             56,797           22,886
October                       78,029             55,909           22,120
November                      78,418             55,861           22,557
December                      78,533             55,516           23,017

2002                                                                    

January                       78,542             55,179           23,363
February                      78,815             55,099           23,715
March                         79,513             55,647           23,866
April                         80,337             56,267           24,069
May                           81,233             57,141           24,092
June                          81,993             57,729           24,263

July                          82,498             58,070           24,428
August                        82,605             58,105           24,500
September                     82,340             57,659           24,680
October                       82,457             57,624           24,832
November                      82,050             56,947           25,104
December                      82,015             56,894           25,122

2003                                                                    

January                       81,939             56,941           24,998
February                      82,459             57,782           24,677
March (R)                     82,140             57,811           24,330
April (R)                     81,997             57,762           24,235
May (R)                       82,495             58,082           24,413
June (R)                      83,978             59,123           24,855

July (R)                      84,319             59,095           25,223
August (R)                    84,849             59,245           25,604
September                     85,652             59,582           26,071
October                                                                 
November                                                                
December                                                                
                                        
                               _________________

Imports
Center Month of Moving Averages
                           Total              Goods            Services

2001                                                                    

January                    ---                ---              ---
February                     120,903            102,290           18,613
March                        118,980            100,301           18,679
April                        118,176             99,278           18,899
May                          116,205             97,209           18,996
June                         114,496             95,665           18,831

July                         113,203             94,429           18,773
August                       110,981             92,949           18,032
September                    109,666             92,200           17,466
October                      108,259             91,209           17,050
November                     107,046             89,527           17,519
December                     106,304             88,406           17,899

2002                                                                    

January                      106,971             88,683           18,288
February                     108,832             90,444           18,389
March                        111,506             93,084           18,422
April                        113,679             95,355           18,323
May                          116,194             97,569           18,625
June                         116,902             98,002           18,901

July                         117,792             98,756           19,036
August                       118,265             99,209           19,056
September                    118,362             99,211           19,151
October                      119,272             99,868           19,404
November                     120,755            101,027           19,728
December                     122,347            102,378           19,969

2003                                                                    

January                      122,267            102,261           20,006
February                     123,002            103,122           19,881
March (R)                    123,338            103,651           19,688
April (R)                    124,256            104,602           19,654
May (R)                      123,889            104,112           19,778
June (R)                     124,862            104,710           20,152

July (R)                     124,471            104,038           20,433
August (R)                   125,320            104,687           20,632
September                    126,558            105,825           20,733
October                                                                 
November                                                                
December                                                                
                                                  

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.

NOTE:   The three-month moving averages shown in this exhibit are computed by
summing the subject month, the two prior months, dividing by three and showing
the average at the center month of the period.  Using this method, an average is
not available for the current month.  A centered moving average is useful in
smoothing the volatile trade data so that trends can better be discerned.
                                                  

SOURCE: Report FT900 (CB-03-191, BEA-03-50), Bureau of the Census, Foreign
Trade Division, October 2003.  For more information, contact Haydn R.
Mearkle (301-763-2246) or Nick Orsini (301-763-2311), Foreign
Trade Division.
