                        PART B:  NOT SEASONALLY ADJUSTED
         EXHIBIT 14. EXPORTS, IMPORTS AND BALANCE OF GOODS BY SELECTED
                         COUNTRIES AND GEOGRAPHIC AREAS
                                        
     (In millions of dollars.  Detail may not equal totals due to rounding
      (-) Represents zero or less than one half unit of measurement shown.
                       (X) Not applicable.  (R) Revised.
              Note: This exhibit is not additive.  See footnotes.)
                                        

Balance

Item(1)                         May         April       Cumulative
                                2004        2004        to-date

Total Balance of Payments Basis   -48,823 (R) -52,328    -239,968

Net Adjustments                    -1,227 (R)  -1,172      -6,307

Total Census Basis                -47,597 (R) -51,156    -233,661
North America                      -8,538 (R)  -8,839     -42,988
        Canada                     -4,770 (R)  -5,634     -25,596
        Mexico                     -3,768      -3,205     -17,392
European Union (25)                -7,911      -9,596     -41,491
Western Europe                     -8,203     -10,103     -43,060
    Euro Area (2)                  -5,807      -7,035     -30,877
    European Union (15)            -7,565      -9,171     -39,322
        Austria                      -326        -296      -1,408
        Belgium                       352         347       1,736
        Finland                       -59         -99        -775
        France                       -510        -797      -3,480
        Germany                    -3,727      -4,085     -18,107
        Italy                      -1,111      -1,298      -6,480
        Netherlands                 1,089       1,182       5,264
        Spain                        -149         -87        -231
        Sweden                       -897        -973      -4,292
        United Kingdom               -769      -1,126      -3,794
        Other EU                   -1,458      -1,940      -7,755
    European Free Trade                                          
    Association                      -557        -745      -3,183
        Norway                       -409        -395      -1,805
        Switzerland                  -156        -376      -1,310
        Other EFTA                      8          26         -68
    Other Western Europe              -81        -186        -556
Eastern Europe/FSR                   -998      -1,143      -4,802
        Hungary                       -41         -53        -523
        Poland                        -93         -67        -342
        Former Soviet Republics      -624        -769      -2,966
            Russia                   -532        -718      -2,552
            Other FSR                 -92         -51        -414
        Other EE                     -240        -253        -972
Pacific Rim Countries             -20,423     -21,951     -98,564
        Australia                     648         543       2,806
        China                     -12,131     -11,977     -54,301
        Japan                      -5,516      -6,388     -29,946
        Newly Industrialized                                     
        Countries(NICS)            -1,308      -1,822      -6,722
            Hong Kong                 646         611       2,936
            Korea                  -1,550      -1,665      -7,008
            Singapore                 554         344       1,985
            Taiwan                   -957      -1,111      -4,635
        Other Pacific Rim(3)       -2,117      -2,307     -10,401
South/Central America              -2,622      -2,583     -11,979
        Argentina                      -3         -27         -32
        Brazil                       -390        -468      -1,333
        Colombia                     -206        -172        -896
        Other S/C A (3)            -2,024      -1,917      -9,718
OPEC                               -5,617      -5,311     -25,943
        Indonesia(3)                 -627        -682      -3,105
        Nigeria                    -1,166      -1,142      -5,372
        Saudi Arabia               -1,080        -694      -4,735
        Venezuela(3)               -1,749      -1,538      -7,853
        Other OPEC                   -995      -1,255      -4,878
Other Countries                    -3,581      -3,489     -17,461
        Egypt                         215         132       1,004
        South Africa                 -297        -245      -1,106
        Other                      -3,500      -3,377     -17,358
Uniden. ctys (4)                        9          21          30
Timing Adjustments                    (X)          21         145
                                        
                               _________________

Exports

Item(1)                         May         April       Cumulative
                                2004        2004        to-date

Total Balance of Payments Basis    68,770 (R)  66,809     329,481

Net Adjustments                      -939 (R)    -951      -5,003

Total Census Basis                 69,709 (R)  67,760     334,483
North America                      25,566 (R)  25,363     121,952
        Canada                     16,317 (R)  16,014      77,422
        Mexico                      9,249       9,349      44,530
European Union (25)                14,907      14,768      72,681
Western Europe                     15,859      15,702      76,936
    Euro Area (2)                  10,893      10,771      53,010
    European Union (15)            14,526      14,379      70,785
        Austria                       158         185         773
        Belgium                     1,473       1,401       6,950
        Finland                       213         206         867
        France                      1,828       1,732       8,733
        Germany                     2,732       2,546      12,914
        Italy                       1,039       1,001       4,553
        Netherlands                 2,029       2,155       9,980
        Spain                         484         490       2,746
        Sweden                        294         279       1,369
        United Kingdom              3,134       3,049      15,263
        Other EU                    1,141       1,334       6,637
    European Free Trade                                          
    Association                       927         994       4,330
        Norway                        144         172         704
        Switzerland                   725         746       3,451
        Other EFTA                     58          76         175
    Other Western Europe              407         329       1,821
Eastern Europe/FSR                    747         797       3,705
        Hungary                       139         149         679
        Poland                         75          85         354
        Former Soviet Republics       414         449       1,966
            Russia                    231         240       1,088
            Other FSR                 184         209         878
        Other EE                      119         113         706
Pacific Rim Countries              17,955      17,115      86,544
        Australia                   1,265       1,062       5,616
        China                       2,896       2,718      14,613
        Japan                       4,345       4,764      22,348
        Newly Industrialized                                     
        Countries(NICS)             7,508       6,616      33,983
            Hong Kong               1,261       1,266       6,237
            Korea                   2,498       1,982      10,876
            Singapore               1,856       1,671       8,107
            Taiwan                  1,893       1,698       8,764
        Other Pacific Rim(3)        1,942       1,954       9,985
South/Central America               5,164       4,919      24,817
        Argentina                     289         249       1,307
        Brazil                      1,148       1,103       5,889
        Colombia                      379         361       1,840
        Other S/C A (3)             3,348       3,205      15,781
OPEC                                1,800       1,549       8,020
        Indonesia(3)                  222         191       1,081
        Nigeria                       104         105         539
        Saudi Arabia                  442         378       2,030
        Venezuela(3)                  383         388       1,753
        Other OPEC                    649         487       2,618
Other Countries                     3,213       2,849      15,306
        Egypt                         316         193       1,416
        South Africa                  232         233       1,189
        Other                       2,666       2,423      12,701
Uniden. ctys (4)                        9          21          30
Timing Adjustments                    (X)          25           3
                                        
                               _________________

Imports

Item(1)                         May         April       Cumulative
                                2004        2004        to-date

Total Balance of Payments Basis   117,593 (R) 119,137     569,449

Net Adjustments                       288 (R)     220       1,304

Total Census Basis                117,306 (R) 118,917     568,144
North America                      34,104      34,202     164,940
        Canada                     21,087      21,648     103,019
        Mexico                     13,017      12,554      61,922
European Union (25)                22,817      24,364     114,172
Western Europe                     24,063      25,804     119,996
    Euro Area (2)                  16,700      17,806      83,887
    European Union (15)            22,091      23,550     110,106
        Austria                       485         481       2,181
        Belgium                     1,121       1,054       5,214
        Finland                       273         305       1,642
        France                      2,337       2,528      12,213
        Germany                     6,459       6,631      31,021
        Italy                       2,149       2,300      11,033
        Netherlands                   940         973       4,716
        Spain                         633         577       2,977
        Sweden                      1,191       1,252       5,661
        United Kingdom              3,904       4,174      19,057
        Other EU                    2,599       3,274      14,392
    European Free Trade                                          
    Association                     1,484       1,739       7,513
        Norway                        553         568       2,509
        Switzerland                   882       1,122       4,761
        Other EFTA                     50          50         243
    Other Western Europe              488         515       2,377
Eastern Europe/FSR                  1,745       1,940       8,508
        Hungary                       179         202       1,202
        Poland                        168         153         696
        Former Soviet Republics     1,039       1,219       4,932
            Russia                    763         958       3,639
            Other FSR                 276         260       1,293
        Other EE                      359         366       1,678
Pacific Rim Countries              38,378      39,066     185,108
        Australia                     616         519       2,810
        China                      15,026      14,695      68,914
        Japan                       9,861      11,152      52,293
        Newly Industrialized                                     
        Countries(NICS)             8,816       8,438      40,705
            Hong Kong                 615         655       3,301
            Korea                   4,048       3,647      17,884
            Singapore               1,302       1,327       6,122
            Taiwan                  2,851       2,809      13,398
        Other Pacific Rim(3)        4,059       4,261      20,386
South/Central America               7,786       7,502      36,795
        Argentina                     292         276       1,339
        Brazil                      1,538       1,571       7,222
        Colombia                      585         532       2,736
        Other S/C A (3)             5,372       5,122      25,499
OPEC                                7,417       6,859      33,963
        Indonesia(3)                  850         873       4,185
        Nigeria                     1,270       1,246       5,911
        Saudi Arabia                1,521       1,072       6,765
        Venezuela(3)                2,132       1,926       9,606
        Other OPEC                  1,644       1,742       7,497
Other Countries                     6,795       6,338      32,767
        Egypt                         101          60         412
        South Africa                  528         478       2,296
        Other                       6,165       5,800      30,059
Uniden. ctys (4)                      (-)         (-)         (-)
Timing Adjustments                    (X)           4        -143
                                                  

(1)  Detailed data are presented on a Census basis.  The information needed to
convert to a BOP basis is not available.
(2)  Countries included in Euro Area are also included in European Union.  See
Page 27 for a list of countries.
(3)  This exhibit is not additive.  Selected countries are included in more than
one area grouping. Indonesia is included in both OPEC and Other Pacific Rim;
Venezuela is included in both OPEC and Other South/Central America.
(4)  The export totals reflect shipments of certain grains, oilseeds, and
satellites that are not included in the country/area totals.

NOTE:  For information on data sources, nonsampling errors and definitions, 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-04-113, BEA-04-35), Bureau of the Census, Foreign
Trade Division, May 2004.  For more information, contact Haydn R.
Mearkle (301-763-2246) or Nick Orsini (301-763-2311), Foreign
Trade Division.
