                          PART A: SEASONALLY ADJUSTED
            EXHIBIT 1. US INTERNATIONAL TRADE IN GOODS AND SERVICES
                          JANUARY 2002 TO January 2004
                                        
     (In millions of dollars.  Details may not equal totals due to seasonal
                    adjustments and rounding.  (R) Revised.)

Balance
Period                     Total              Goods            Services

2002                                                                    

Jan.- Dec.                  -418,038           -482,872           64,834
Jan.-                        -28,299            -33,495            5,196

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.- Dec. (R)              -489,911           -549,156           59,245
Jan.- (R)                    -40,007            -44,833            4,826

January (R)                  -40,007            -44,833            4,826
February (R)                 -38,589            -43,628            5,039
March (R)                    -42,952            -47,482            4,530
April (R)                    -41,971            -46,334            4,363
May (R)                      -41,772            -46,628            4,856
June (R)                     -40,357            -45,050            4,693

July (R)                     -40,613            -45,006            4,393
August (R)                   -39,781            -44,695            4,914
September (R)                -41,254            -46,548            5,294
October (R)                  -41,705            -47,088            5,383
November (R)                 -38,220            -43,944            5,724
December (R)                 -42,692            -47,921            5,229

2004                                                                    

Jan.-                        -43,057            -48,392            5,335

January                      -43,057            -48,392            5,335
February                                                                
March                                                                   
April                                                                   
May                                                                     
June                                                                    

July                                                                    
August                                                                  
September                                                               
October                                                                 
November                                                                
December                                                                

December data as published last month:
			     -42,478		-48,174		   5,696
                               _________________

Exports
Period                     Total              Goods            Services

2002                                                                    

Jan.- Dec.                   974,107            681,874          292,233
Jan.-                         78,580             55,228           23,352

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.- Dec. (R)             1,018,720            713,788          304,932
Jan.- (R)                     82,058             57,156           24,902

January (R)                   82,058             57,156           24,902
February (R)                  82,691             57,920           24,771
March (R)                     82,639             58,309           24,330
April (R)                     81,103             57,243           23,860
May (R)                       82,261             57,774           24,487
June (R)                      84,132             59,269           24,863

July (R)                      85,627             60,367           25,260
August (R)                    83,385             57,691           25,694
September (R)                 85,836             59,719           26,117
October (R)                   88,250             61,655           26,595
November (R)                  90,633             63,722           26,911
December (R)                  90,103             62,962           27,141

2004                                                                    

Jan.-                         89,045             61,907           27,138

January                       89,045             61,907           27,138
February                                                                
March                                                                   
April                                                                   
May                                                                     
June                                                                    

July                                                                    
August                                                                  
September                                                               
October                                                                 
November                                                                
December                                                                

December data as published last month:
			       90,371		 62,935		  27,436
                               _________________

Imports
Period                     Total              Goods            Services

2002                                                                    

Jan.- Dec.                 1,392,145          1,164,746          227,399
Jan.-                        106,879             88,723           18,156

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.- Dec. (R)             1,508,632          1,262,945          245,687
Jan.- (R)                    122,065            101,989           20,076

January (R)                  122,065            101,989           20,076
February (R)                 121,280            101,548           19,732
March (R)                    125,591            105,791           19,800
April (R)                    123,074            103,577           19,497
May (R)                      124,033            104,402           19,631
June (R)                     124,489            104,319           20,170

July (R)                     126,240            105,373           20,867
August (R)                   123,166            102,386           20,780
September (R)                127,090            106,267           20,823
October (R)                  129,955            108,743           21,212
November (R)                 128,853            107,666           21,187
December (R)                 132,795            110,883           21,912

2004                                                                    

Jan.-                        132,102            110,299           21,803

January                      132,102            110,299           21,803
February                                                                
March                                                                   
April                                                                   
May                                                                     
June                                                                    

July                                                                    
August                                                                  
September                                                               
October                                                                 
November                                                                
December                                                                
             
December data as published last month:
			     132,849		111,109		  21,740

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-04-38, BEA-04-10), Bureau of the Census, Foreign
Trade Division, January 2004.  For more information, contact Haydn R.
Mearkle (301-763-2246) or Nick Orsini (301-763-2311), Foreign
Trade Division.
