                          Part A: Seasonally Adjusted
            Exhibit 1. US INTERNATIONAL TRADE IN GOODS AND SERVICES
                                        
     (In millions of dollars.  Details may not equal totals due to seasonal
                           adjustments and rounding.)

Balance
Period                     Total              Goods (1)        Services

2002                                                                    

Jan.- Dec.                  -421,180           -482,297           61,117

January                      -29,893            -34,467            4,574
February                     -32,365            -36,816            4,451
March                        -30,920            -36,701            5,781
April                        -33,901            -39,145            5,244
May                          -34,228            -39,676            5,448
June                         -35,329            -40,172            4,843

July                         -34,362            -39,270            4,908
August                       -36,367            -41,843            5,476
September                    -36,842            -41,815            4,973
October                      -34,843            -40,102            5,259
November                     -39,219            -44,487            5,268
December                     -42,917            -47,804            4,887

2003                                                                    

Jan.- Dec.                  -494,814           -547,296           52,482

January                      -41,218            -45,639            4,421
February                     -40,073            -44,676            4,603
March                        -43,543            -47,546            4,003
April                        -42,176            -45,879            3,703
May                          -40,792            -45,148            4,356
June                         -39,882            -44,040            4,158

July                         -40,929            -44,888            3,959
August                       -40,125            -44,371            4,246
September                    -41,645            -46,031            4,386
October                      -41,126            -46,082            4,956
November                     -39,559            -44,465            4,906
December                     -43,742            -48,530            4,788

2004                                                                    

Jan.- Dec.                  -617,583           -665,390           47,807

January                      -46,053            -49,938            3,885
February                     -45,834            -49,857            4,023
March                        -46,966            -51,656            4,690
April                        -48,406            -52,817            4,411
May                          -48,742            -52,580            3,838
June                         -54,894            -58,590            3,696

July                         -51,331            -55,045            3,714
August                       -54,195            -57,103            2,908
September                    -51,939            -55,627            3,688
October                      -55,574            -59,432            3,858
November                     -58,977            -63,231            4,254
December                     -54,672            -59,514            4,842
                                        
                               _________________

Exports
Period                     Total              Goods (1)        Services

2002                                                                    

Jan.- Dec.                   977,276            682,422          294,854

January                       78,533             55,208           23,325
February                      78,616             54,945           23,671
March                         79,405             55,018           24,387
April                         81,120             57,141           23,979
May                           81,401             57,018           24,383
June                          82,430             57,971           24,459

July                          82,704             58,210           24,494
August                        83,057             58,172           24,885
September                     82,620             57,860           24,760
October                       82,324             57,079           25,245
November                      83,452             57,917           25,535
December                      81,613             55,883           25,730

2003                                                                    

Jan.- Dec.                 1,022,567            713,421          309,146

January                       82,443             57,306           25,137
February                      82,940             57,792           25,148
March                         82,860             58,068           24,792
April                         81,377             57,402           23,975
May                           82,397             57,630           24,767
June                          84,708             59,664           25,044

July                          85,579             59,957           25,622
August                        84,277             58,283           25,994
September                     86,206             59,946           26,260
October                       88,445             61,166           27,279
November                      90,763             63,443           27,320
December                      90,574             62,764           27,810

2004                                                                    

Jan.- Dec.                 1,151,448            807,536          343,912

January                       89,530             62,183           27,347
February                      92,389             64,799           27,590
March                         95,173             66,807           28,366
April                         94,451             66,115           28,336
May                           96,399             68,177           28,222
June                          94,250             65,781           28,469

July                          96,191             67,752           28,439
August                        96,510             68,058           28,452
September                     97,668             68,990           28,678
October                       98,524             69,260           29,264
November                      98,640             68,611           30,029
December                     101,721             71,001           30,720
                                        
                               _________________

Imports
Period                     Total              Goods (1)        Services

2002                                                                    

Jan.- Dec.                 1,398,457          1,164,720          233,737

January                      108,426             89,675           18,751
February                     110,981             91,761           19,220
March                        110,325             91,719           18,606
April                        115,021             96,286           18,735
May                          115,629             96,694           18,935
June                         117,759             98,143           19,616

July                         117,066             97,480           19,586
August                       119,424            100,015           19,409
September                    119,461             99,674           19,787
October                      117,166             97,180           19,986
November                     122,671            102,404           20,267
December                     124,531            103,688           20,843

2003                                                                    

Jan.- Dec.                 1,517,381          1,260,717          256,664

January                      123,662            102,946           20,716
February                     123,014            102,469           20,545
March                        126,403            105,614           20,789
April                        123,554            103,282           20,272
May                          123,189            102,778           20,411
June                         124,590            103,704           20,886

July                         126,508            104,845           21,663
August                       124,402            102,654           21,748
September                    127,851            105,977           21,874
October                      129,571            107,248           22,323
November                     130,322            107,908           22,414
December                     134,316            111,294           23,022

2004                                                                    

Jan.- Dec.                 1,769,031          1,472,926          296,105

January                      135,584            112,122           23,462
February                     138,223            114,656           23,567
March                        142,139            118,463           23,676
April                        142,857            118,932           23,925
May                          145,141            120,757           24,384
June                         149,143            124,370           24,773

July                         147,523            122,798           24,725
August                       150,705            125,161           25,544
September                    149,607            124,617           24,990
October                      154,098            128,692           25,406
November                     157,618            131,843           25,775
December                     156,393            130,515           25,878
                                        
                               _________________
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 the
FT-900 release, or at www.census.gov/ft900 or www.bea.gov/bea/di/home/trade.htm.

For 1992 - 2001 data, see exhibit 18.
