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 THURSDAY, JANUARY 12, 2006

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) 606-2649
                              
CB06-03, BEA06-01, FT-900 (05-11)
                                 
U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
November 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 November
exports of $109.3 billion and imports of $173.5 billion
resulted in a goods and services deficit of $64.2 billion,
$3.9 billion less than the $68.1 billion in October,
revised.  November exports were $1.9 billion more than
October exports of $107.4 billion.  November imports
were $2.0 billion less than October imports of $175.5
billion.
                                                                  
In November, the goods deficit decreased $4.3 billion
from October to $68.9 billion, and the services surplus
decreased $0.4 billion to $4.7 billion.  Exports of goods
increased $2.2 billion to $77.4 billion, and imports of goods
decreased $2.1 billion to $146.2 billion.  Exports of services
decreased $0.2 billion to $31.9 billion, and imports of
services increased $0.1 billion to $27.3 billion.

In November, the goods and services deficit was up $5.2
billion from November 2004.  Exports were up $10.7 billion,
or 10.8 percent, and imports were up $15.9 billion, or 10.1
percent. 
     
Goods

The October to November change in exports of goods reflected
increases in capital goods ($1.1 billion); consumer goods 
($0.6 billion); industrial supplies and materials ($0.4 billion);
automotive vehicles, parts, and engines ($0.2 billion); and other
goods ($0.1 billion).  A decrease occurred in foods, feeds, and
beverages ($0.2 billion).

The October to November change in imports of goods reflected
decreases in industrial supplies and materials ($1.2 billion) and
consumer goods ($1.1 billion).  Increases occurred in automotive
vehicles, parts, and engines ($0.1 billion) and foods, feeds, and
beverages ($0.1 billion).  Capital goods and other goods were
virtually unchanged.

The November 2004 to November 2005 change in exports of
goods reflected increases in capital goods ($4.5 billion); industrial
supplies and materials ($1.6 billion); consumer goods ($1.1 billion);
automotive vehicles, parts, and engines ($1.0 billion); other goods
($0.5 billion); and foods, feeds, and beverages ($0.1 billion).
          
The November 2004 to November 2005 change in imports of
goods reflected increases in industrial supplies and materials ($8.2
billion); capital goods ($2.4 billion); automotive vehicles, parts, and
engines ($1.8 billion); consumer goods ($0.9 billion); other goods
($0.7 billion); and foods, feeds, and beverages ($0.5 billion).
                                                                   
Services
                                  
Services exports decreased $0.2 billion from October to
November.  The decrease was mostly accounted for by a decrease 
in travel.  Changes in other categories of services exports were
small.   

Services imports increased $0.1 billion from October to
November.  Small increases in most categories of services imports
were partly offset by a decrease in travel. 
          
From November 2004 to November 2005, services exports
increased $1.9 billion.  The largest increases were in other private
services, which includes items such as business, professional, and
technical services, insurance services, and financial services ($0.8
billion), travel ($0.4 billion), and transfers under U.S. military sales
contracts ($0.3 billion).

From November 2004 to November 2005, services imports
increased $1.5 billion.  The largest increases were in other private
services ($0.8 billion) and other transportation, which includes
freight and port services ($0.4 billion).
                                  
Goods and Services Moving Average 

For the three months ending in November, exports of goods and
services averaged $107.5 billion, while imports of goods and
services averaged $173.6 billion, resulting in an average trade
deficit of $66.1 billion.  For the three months ending in October, the
average trade deficit was $64.4 billion, reflecting average exports
of $107.2 billion and average imports of $171.5 billion.
                                  
Scheduled FT-900 release dates through February 2007 are located on page 30

Selected Not Seasonally Adjusted Goods Details 

The November figures showed surpluses, in billions of dollars,
with Australia $0.7 ($0.7 for October), Hong Kong $0.5 ($0.3), and
Singapore $0.3 ($0.7).  Deficits were recorded, in billions of dollars,
with China $18.5 ($20.5), Europe $12.6 ($14.5), the European Union
$11.2 ($12.1), OPEC $7.8 ($9.4), Canada $7.5 ($8.2), Japan $7.3
($7.4), Mexico $4.6 ($4.8), Korea $1.9 ($1.2), Taiwan $1.4 ($1.3),
and Brazil $0.7 ($1.0).

Advanced technology product (ATP) exports were $18.9 billion
in November and imports were $23.8 billion, resulting in a deficit of
$4.8 billion.  November exports were $0.1 billion more than the
$18.8 billion in October, while imports were virtually unchanged. 
                                  
                                  
Revisions
     
Goods carry-over in November was $0.2 billion (0.3 percent) for
exports and $0.7 billion (0.4 percent) for imports.  For October,
revised export carry-over was $0.1 billion (0.1 percent), revised
down from $0.2 billion (0.3 percent).  For October, revised import
carry-over was $0.4 billion (0.3 percent), revised down from $1.7
billion (1.1 percent).
                                  
Services exports for October were revised down $0.1 billion to
$32.2 billion.  The revision was mostly accounted for by downward
revisions in travel and other transportation.  Services imports for
October were revised down $0.2 billion to $27.1 billion.  The
revision was mostly accounted for by a downward revision in travel.
                                  
Table of Contents

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 Averages. . . . . . . . . . . . . . . . . . . . . . .5

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 
Category. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

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 
Category. . . . . . . . . . . . . . . . . . . . . . . . . . . . .18

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

Exhibit 15  Exports and Imports of Goods by Principal SITC 
Commodities. . . . . . . . . . . . . . . . . . . . . . . . . . . 21
             
Exhibit 16  Exports, Imports, and Balance of Advanced Technology 
Products. . . . . . . . . . . . . . . . . . . . . . . . . . . . .23

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

Exhibit 18  Exports and Imports of Motor Vehicles and Parts By 
Selected Countries. . . . . . . . . . . . . . . . . . . . . . . .25

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

SOURCE: Report FT900 (CB-06-03, BEA-06-01), Bureau of the Census, Foreign 
Trade Division, November 2005.  For more information, contact Nick Orsini 
(301-763-6959) or Vanessa Ware (301-763-2311), Foreign Trade Division. 