               EXHIBIT 1. EXPORTS, IMPORTS AND MERCHANDISE TRADE BALANCE BY SELECTED
                    NAICS-BASED PRODUCT CODE, NOT SEASONALLY ADJUSTED: May 2004
                                                  
               (In millions of dollars.  Detail may not equal totals due to rounding
                  (-) Represents zero. (Z) Less than one-half unit of value shown.
                                        (X) Not applicable.
                                                  

                                                          Balance                 Exports

NAICS-Based Product                                             Cumulative              Cumulative
Code Description                                    May         to-date     May         to-date

GRAND TOTAL                                          -45,664.2  -230,020.2    69,709.4   334,483.4
Agricultural, Forestry & Fishery Products                489.6     4,801.3     2,834.8    16,768.1

     (Domestic)

Agricultural Products, Total                           1,166.2     7,615.1     2,458.7    14,450.8
Livestock And Livestock Products                        -129.5      -652.9        62.2       333.8
Forestry Products, Nspf                                  -44.6      -132.1       140.3       720.4
Fish, Fresh Or Chilled; And Other Marine Products       -502.5    -2,028.8       173.6     1,263.0

Mining, Total                                         -9,450.3   -47,161.6       737.2     3,266.7

     (Domestic)

Oil And Gas                                           -9,600.0   -47,583.1       209.5     1,196.8
Minerals And Ores                                        149.7       421.5       527.7     2,069.9

Manufacturing, Total                                 -42,110.2  -212,145.6    55,782.7   264,471.0

     (Domestic)

Food And Kindred Products                                -96.8      -591.0     2,180.9    10,382.8
Beverages And Tobacco                                   -694.8    -2,902.6       307.8     1,459.8
Textile And Fabrics                                      104.0       402.8       746.5     3,464.3
Textile Mill Products                                   -766.3    -3,715.8       177.5       838.3
Apparel And Accessories                               -4,224.7   -23,374.3       385.8     1,872.9
Leather And Allied Products                           -1,827.8    -8,772.5       182.2       892.2
Wood Products                                         -1,761.2    -6,932.8       375.4     1,768.6
Paper Products                                          -371.5    -1,713.1     1,293.4     6,292.9
Printing, Publishing & Similar Products                  -10.7        62.7       388.7     1,943.2
Petroleum And Coal Products                           -2,913.5   -15,209.9     1,121.0     4,635.4
Chemicals                                                -91.2    -4,681.7     8,899.6    42,333.1
Plastic And Rubber Products                             -556.5    -2,463.0     1,510.4     7,128.6
Nonmetallic Mineral Products                            -715.7    -3,402.9       598.1     2,792.8
Primary Metal Products                                -2,928.8   -11,060.7     1,715.9     8,264.8
Fabricated Metal Products                             -1,073.2    -5,245.7     1,864.6     8,736.5
Machinery, Except Electrical                            -196.3    -2,562.6     7,485.5    34,698.7
Computers and Electronic Products                     -8,825.7   -42,764.7    10,334.3    51,238.4
Electrical Equipment, Appliances and Components       -1,982.0    -9,624.1     1,983.3     9,306.6
Transportation Equipment                              -7,886.3   -42,839.1    11,972.8    55,381.1
Furniture and Fixtures                                -1,729.6    -8,217.3       209.9     1,019.8
Miscellaneous Manufactured Commodities                -3,561.7   -16,714.6     2,049.1     9,843.1

Special Classification Provisions                     -1,842.2   -10,276.6     3,105.6    15,215.5

     (Domestic)

Scrap & Waste                                            471.9     2,263.8       715.6     3,436.0

Used Or Second-Hand Merchandise                          -67.7    -1,703.4       202.8       845.2
Goods Returned Or Reimported                          -2,756.6   -13,874.1        19.3        83.4
Special Classification Provision, Nspf                   510.1     3,037.2     2,167.9    10,850.8

Reexports                                              7,249.0    34,759.7     7,249.0    34,759.7
Timing Adjustments                                         (-)         2.5         (-)         2.5
                                                  
                                         _________________

Imports for Consumption (Customs Value)

                                                          Totals              Caluclated Duty
NAICS-Based Product                                             Cumulative              Cumulative
Code Description                                    May         to-date     May         to-date

GRAND TOTAL                                          115,373.6   564,503.7     1,589.4     8,243.3
Agricultural, Forestry & Fishery Products              2,345.2    11,966.8         5.0        27.6

     (Domestic)

Agricultural Products, Total                           1,292.5     6,835.8         4.7        25.6
Livestock And Livestock Products                         191.7       986.7         0.1         0.7
Forestry Products, Nspf                                  184.9       852.5         0.1         0.4
Fish, Fresh Or Chilled; And Other Marine Products        676.1     3,291.7         0.2         0.9

Mining, Total                                         10,187.6    50,428.3         6.3        30.7

     (Domestic)

Oil And Gas                                            9,809.6    48,779.9         6.1        29.5
Minerals And Ores                                        378.0     1,648.4         0.2         1.2

Manufacturing, Total                                  97,892.9   476,616.6     1,573.1     8,168.2

     (Domestic)

Food And Kindred Products                              2,277.8    10,973.8        55.8       244.6
Beverages And Tobacco                                  1,002.7     4,362.5         5.1        23.4
Textile And Fabrics                                      642.5     3,061.5        37.8       175.8
Textile Mill Products                                    943.8     4,554.1        54.4       261.8
Apparel And Accessories                                4,610.5    25,247.2       457.8     2,664.8
Leather And Allied Products                            2,009.9     9,664.7       200.5       938.6
Wood Products                                          2,136.6     8,701.4        11.1        51.7
Paper Products                                         1,664.9     8,006.0         3.7        15.6
Printing, Publishing & Similar Products                  399.3     1,880.5         0.2         0.9
Petroleum And Coal Products                            4,034.5    19,845.3        11.4        60.1
Chemicals                                              8,990.8    47,014.8        84.0       385.0
Plastic And Rubber Products                            2,066.9     9,591.6        47.4       217.1
Nonmetallic Mineral Products                           1,313.7     6,195.7        39.8       193.2
Primary Metal Products                                 4,644.8    19,325.4        11.2        49.1
Fabricated Metal Products                              2,937.9    13,982.2        59.6       279.5
Machinery, Except Electrical                           7,681.8    37,261.3        56.7       292.8
Computers and Electronic Products                     19,160.0    94,003.1        67.8       348.5
Electrical Equipment, Appliances and Components        3,965.3    18,930.6        70.4       335.4
Transportation Equipment                              19,859.1    98,220.2       229.4     1,307.7
Furniture and Fixtures                                 1,939.5     9,237.1         2.6        11.5
Miscellaneous Manufactured Commodities                 5,610.7    26,557.7        66.5       311.1

Special Classification Provisions                      4,947.8    25,492.0         5.1        16.8

     (Domestic)

Scrap & Waste                                            243.8     1,172.2         (-)         0.1

Used Or Second-Hand Merchandise                          270.4     2,548.7         (-)         (-)
Goods Returned Or Reimported                           2,775.8    13,957.5         (-)         0.1
Special Classification Provision, Nspf                 1,657.8     7,813.6         5.0        16.6

Reexports                                                  (-)         (-)         (-)         (-)
Timing Adjustments                                         (-)         (-)         (-)         (-)
                                                  

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.
