U.S. Census Bureau
U.S. Bureau of Economic Analysis
NEWS
U.S. Department of Commerce
Washington, D.C. 20230
                                
                         
FOR IMMEDIATE RELEASE
8:30 A.M. EST FRIDAY, JUNE 10, 2005

For information on goods contact:            
U.S. Census Bureau:
Nick Orsini    (301) 763-6959           
Vanessa Ware   (301) 763-2311           

For information on services contact:
Technical: Christopher Bach   (202) 606-9545
Media:      Ralph Stewart     (202) 606-9690

CB05-82, BEA05-26, FT-900 (05-04)
                                
U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
Annual Revision for 2004
                                
NOTICE

In this release and the accompanying "U.S. International Trade in Goods and 
Services: April 2005", the U.S. Census Bureau and the U.S. Bureau of Economic 
Analysis (BEA) are jointly publishing revised data on U.S. trade in goods for 
2002-2004 and the first three months of 2005 and revised data on services for 
1992-2004 and the first three months of 2005.  

Goods

The 2004 not seasonally adjusted Census-basis goods data were revised to 
eliminate monthly data that arrived too late for inclusion in the month of 
transaction but that were included, initially, in the month in which the data 
were received.  In addition, corrections were made to previously published data.  
Once the redistributions of data to the proper month of transaction and 
corrections were completed, factors for seasonal adjustments and trading day 
adjustments were recomputed and the seasonally adjusted current-dollar series 
were revised for 2002-2004 and the first three months of 2005.  Similar changes 
were made to the chain-weighted dollar series.  

Services

The services estimates were revised for 1992-2004 and the first three months of 
2005.  The revisions resulted from the incorporation of results from BEA's 
annual and quarterly surveys and from other newly available and updated source 
data.  Revisions from these sources have an impact mostly on receipts and 
payments for 2002-2004 and the first three months of 2005.   

Beginning with 2004, estimates of major types of other private services 
transactions are based on quarterly rather than annual BEA surveys.  BEA has 
instituted a program of quarterly surveys to better capture movements of large 
and volatile categories of transactions, as well as to improve the coverage of 
transactions.  In addition, estimates of medical services payments, a component 
of other private services, are introduced for 1992-2004 and the first three 
months of 2005.

Table of Contents

Seasonally Adjusted

Exhibit 1  U.S. International Trade in Goods and Services. . . .1

Exhibit 2  U.S. Services by Major Category--Exports. . . . . . .2

Exhibit 3  U.S. Services by Major Category--Imports. . . . . . .3

Exhibit 4  U.S. Trade in Goods . . . . . . . . . . . . . . . . .4

Exhibit 5  Exports of Goods by Principal End-Use Category. . . .5

Exhibit 5a  Imports of Goods by Principal End-Use Category . . .6

Exhibit 6  Exports of Goods by End-Use Category and Commodity  .7

Exhibit 7  Imports of Goods by End-Use Category and Commodity. .9

Exhibit 8  Petroleum and Non-Petroleum End-Use Category Totals 11

Exhibit 9   Real Exports of Goods by Principal End-Use
                  Category (2000 Chain-weighted dollars) . . . 12

Exhibit 9a  Real Imports of Goods by Principal End-Use 
           Category (2000 Chain-weighted dollars). . . . . . . 13

Exhibit 10  Real Exports, Imports, and Balance of Goods, Petroleum and Non-
           Petroleum End-Use Commodity Category Totals (2000 Chain-weighted 
	   dollars). . . . . . . . . . . . . . . . . . . . . . 14

Not Seasonally Adjusted

Exhibit 11  U.S. Trade in Goods. . . . . . . . . . . . . . . . 15

Exhibit 12  Exports of Goods by Principal End-Use Category . . 16

Exhibit 12a  Imports of Goods by Principal End-Use Category. . 17

Exhibit 13  Exports, Imports, and Trade Balance by Country and Area,
                   Not Seasonally Adjusted - 2004. . . . . . . 18

Exhibit 14  Exports and Imports of Goods by Principal SITC 
		   Commodity Groupings - 2004. . . . . . . . . 43

Exhibit 15  Exports, Imports, and Balance of Advanced Technology 
		   Products. . . . . . . . . . . . . . . . . . 51

Exhibit 16  Imports of Energy - Related Petroleum Products,  
                   Including Crude Oil . . . . . . . . . . . . 52

Exhibit 17  Exports and Imports of Motor Vehicles and Parts by 
		   Selected Countries - 2004. . . . . . . . . .53

1992-2001 Data

Exhibit 18  U.S. International Trade in Goods and Services . . 58

Exhibit 19  U.S. Services by Major Category - Exports. . . . . 62

Exhibit 20 U.S. Services by Major Category - Imports . . . . . 66