                       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. EDT FRIDAY, AUGUST 12, 2005

For information on goods contact:            For information on services contact:
U.S. Census Bureau:                     U.S. Bureau of Economic Analysis:
Nick Orsini    (301) 763-6959           Technical: Christopher Bach   (202) 606-9545
Vanessa Ware   (301) 763-2311           Media:      Ralph Stewart     (202) 606-9690
                              
                                        CB05-117, BEA05-36, FT-900 (05-06)
                                 
         U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
                           June 2005
                                
                                
Goods and Services
                                
     The U.S. Census Bureau and the U.S. Bureau of
Economic Analysis, through the Department of
Commerce, announced today that total June exports of
$106.8 billion and imports of $165.6 billion resulted in
a goods and services deficit of $58.8 billion, $3.4 billion
more than the $55.4 billion in May, revised.  June
exports were virtually unchanged from May, and June
imports were $3.4 billion more than May imports of
$162.2 billion.
                                                                  
     In June, the goods deficit increased $3.3 billion from
May to $64.0 billion, and the services surplus decreased
$0.1 billion to $5.2 billion.  Exports of goods were virtually
unchanged at $74.5 billion, and imports of goods increased
$3.2 billion to $138.5 billion.  Exports of services increased
$0.1 billion to $32.4 billion, and imports of services
increased $0.2 billion to $27.1 billion.

     In June, the goods and services deficit was up $3.9 billion
from June 2004.  Exports were up $12.6 billion, or 13.4
percent, and imports were up $16.5 billion, or 11.1 percent.
     
Goods

     The May to June change in exports of goods reflected
decreases in foods, feeds, and beverages ($0.4 billion); 






















consumer goods ($0.2 billion); and industrial supplies and
materials ($0.2 billion).  Increases occurred in capital goods ($0.6
billion); other goods ($0.1 billion); and automotive vehicles, parts,
and engines ($0.1 billion).

   The May to June change in imports of goods reflected increases
in industrial supplies and materials ($2.2 billion); capital goods
($1.2 billion); and consumer goods ($0.1 billion).  Decreases
occurred in automotive vehicles, parts, and engines ($0.2 billion)
and other goods ($0.1 billion).  Foods, feeds, and beverages were
virtually unchanged.

     

     The June 2004 to June 2005 change in exports of goods
reflected increases in capital goods ($3.3 billion); industrial
supplies and materials ($3.1 billion); consumer goods ($1.0
billion); automotive vehicles, parts, and engines ($0.6 billion);
foods, feeds, and beverages ($0.5 billion); and other goods ($0.1
billion).
          
     The June 2004 to June 2005 change in imports of goods
reflected increases in industrial supplies and materials ($6.6
billion); capital goods ($3.3 billion); consumer goods ($2.9
billion); automotive vehicles, parts, and engines ($0.6 billion);
other goods ($0.4 billion); and foods, feeds, and beverages ($0.4
billion).
                                                                  
                                 
Services

     Services exports increased $0.1 billion from May to June.  The
increase was more than accounted for by an increase  in other
private services (which includes items such as business,
professional, and technical services, insurance services, and
financial services).  Changes in the other categories of services
exports were small.

     Services imports increased $0.2 billion from May to June.  The
increase was mostly accounted for by increases in other private
services and travel.   Changes in the other categories of services
imports were small.

     From June 2004 to June 2005, services exports increased $3.9
billion.  The largest increases were in other private services ($1.2
billion), royalties and license fees ($0.9 billion), and travel ($0.8
billion).

     From June 2004 to June 2005, services imports increased $2.4
billion.  The largest increases were in other private services ($1.0
billion), other transportation ($0.4 billion), which includes freight
and port services, travel ($0.4 billion), and royalties and license
fees ($0.4 billion).
                                 
                                                                  
Goods and Services Moving Average 

     For the three months ending in June, exports of goods and
services averaged $106.8 billion, while imports of goods and
services averaged $163.8 billion, resulting in an average trade
deficit of $57.0 billion.  For the three months ending in May, the
average trade deficit was $55.3 billion, reflecting average exports
of $105.6 billion and average imports of $160.9 billion.
                                 

          
          


                                 

     
Scheduled release dates through February 2006 are located on page 30Selected Not Seasonally Adjusted Goods Details 
                                
     The June figures showed surpluses, in billion of dollars, with
Hong Kong $0.7 (for May $0.7), Australia $0.7 ($0.7), Singapore
$0.5 ($0.5), and Egypt $0.2 ($0.1).  Deficits were recorded, in
  billions of dollars, with China $17.6 ($15.8), Europe $12.8
  ($12.1), the European Union $10.8 ($10.5), OPEC $7.7 ($7.3),
Japan $6.9 ($6.6), Canada $5.4 ($4.8), Mexico $4.8 ($4.5), Korea
    $1.3 ($1.5), Taiwan $1.2 ($0.9), and Brazil $0.8 ($0.7).
                                
        Advanced technology products (ATP) exports were $19.3
billion in June and imports were $22.9 billion, resulting in a deficit
of $3.7  billion.  June exports were $2.1 billion more than the
$17.2 billion in May, while imports were $1.9 billion more than
                   the $21.0 billion in May.
                                 
                                 
Revisions
     
     Goods carry-over in June was $0.3 billion (0.4 percent) for
exports and $1.0 billion (0.7 percent) for imports.  For May,
revised export carry-over was $0.1 billion (0.1 percent), revised
down from $0.2 billion (0.3 percent).  For May, revised import
carry-over was $0.1 billion (0.1 percent), revised down from $0.9
billion (0.7 percent).

     Services exports for May were revised down $0.1 billion to
$32.3 billion; the revision was mostly accounted for by a
downward revision in travel.  Services imports for May were
virtually unchanged at $27.0 billion.
     
                                 

     
                                 
     

                                 


            
                        Table of Contents








                                                    December  1995








Seasonally Adjusted                                               
  
Exhibit 1   U.S. International Trade in Goods and Services . . . 4

Exhibit 2   U.S. International Trade in Goods and Services Three - month Moving Averages5

Exhibit 3   U.S. Services by Major Category--Exports . . . . . . 6

Exhibit 4   U.S. Services by Major Category--Imports . . . . . . 7
    
Exhibit 5   U.S. Trade in Goods. . . . . . . . . . . . . . . . . 8

Exhibit 6   Exports and Imports of Goods by Principal End-Use Category9

Exhibit 7   Exports of Goods by End-Use Category and Commodity .10

Exhibit 8   Imports of Goods by End-Use Category and Commodity .12

Exhibit 9  Exports, Imports, and Balance of Goods, Petroleum and
           Non-Petroleum End-Use Category Totals . . . . . . . .14

Exhibit 10 Real Exports and Imports of Goods by Principal End-Use
             Category (2000 Chain-weighted dollars). . . . . . .15

Exhibit 11 Real Exports, Imports, and Balance of Goods, Petroleum and Non-
             Petroleum End-Use Commodity Category Totals (2000 Chain-weighted dollars)16

Not Seasonally Adjusted

Exhibit 12  U.S. Trade in Goods. . . . . . . . . . . . . . . . .17

Exhibit 13  Exports and Imports of Goods by Principal End-Use Category18

Exhibit 14  Exports, Imports, and Balance of Goods by Selected  
                   Countries and Areas   . . . . . . . . . . . .19

Exhibit 15  Exports and Imports of Goods by Principal SITC Commodities21

Exhibit 16  Exports, Imports, and Balance of Advanced Technology Products23

Exhibit 17  Imports of Energy - Related Petroleum Products, 
             Including Crude Oil . . . . . . . . . . . . . . . .24

Exhibit 18  Exports and Imports of Motor Vehicles and Parts By Selected Countries25

Information on Goods and Services. . . . . . . . . . . . . . . .26
