                       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 WEDNESDAY, JANUARY 10, 2007
     
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

CB07-07, BEA07-01, FT-900 (06-11)
               
U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
                         November 2006
                                
                                
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 $124.8 billion and imports of $183.0 billion resulted
in a goods and services deficit of $58.2 billion, $0.6
billion less than the $58.8 billion in October, revised. 
November exports were $1.1 billion more than October
exports of $123.7 billion.  November imports were $0.5
billion more than October imports of $182.5 billion.
                                                                 
     In November, the goods deficit decreased $0.3 billion
from October to $64.7 billion, and the services surplus
increased $0.2 billion to $6.5 billion.  Exports of goods
increased $0.6 billion to $89.1 billion, and imports of goods
increased $0.3 billion to $153.8 billion.  Exports of services
increased $0.5 billion to $35.7 billion, and imports of
services increased $0.3 billion to $29.2 billion.

     In November, the goods and services deficit was down
$5.8 billion from November 2005.  Exports were up $14.8
billion, or 13.4 percent, and imports were up $9.0 billion, or
5.2 percent.
     
Goods
                                 
     The October to November change in exports of goods 
reflected increases in capital goods ($0.7 billion); 
automotive vehicles, parts, and engines ($0.3 billion); 
other goods ($0.2 billion); and consumer goods ($0.2
billion). Decreases occurred in industrial supplies and
materials ($0.3 billion) and foods, feeds, and beverages
($0.2 billion).  

     The October to November change in imports of goods
reflected increases in consumer goods ($0.9 billion);
capital goods ($0.3 billion); and automotive vehicles,
parts, and engines ($0.3 billion). Decreases occurred in
industrial supplies and materials ($1.0 billion); foods,
feeds, and beverages ($0.1 billion); and other goods ($0.1
billion).

     
     The November 2005 to November 2006 change in exports
of goods reflected increases in industrial supplies and
materials ($4.4 billion); capital goods ($4.2 billion);
consumer goods ($1.4 billion); other goods ($1.2 billion);
foods, feeds, and beverages ($0.7 billion); and automotive
vehicles, parts, and engines ($0.4 billion).
          
     The November 2005 to November 2006 change in imports
of goods reflected increases in consumer goods ($5.1 billion);
capital goods ($3.5 billion); foods, feeds, and beverages
($0.5 billion); other goods ($0.4 billion); and automotive
vehicles, parts, and engines ($0.3 billion). A decrease
occurred in industrial supplies and materials ($3.2 billion). 

Services

     Services exports increased $0.5 billion from October to
November.  The increase was mostly accounted for by
increases in travel, other private services (which includes
items such as business, professional, and technical services,
insurance services, and financial services), and transfers
under U.S. military sales contracts. Changes in other
categories of services exports were small.  
          
     Services imports increased $0.3 billion from October to
November.  The increase was accounted for by increases in
travel, other private services, and passenger fares, which
were partly offset by a decrease in other transportation
(which includes freight and port services).  Changes in other
categories of services imports were small. 
          
     From November 2005 to November 2006, services
exports increased $3.2 billion.  The largest increases were in
other private services ($1.7 billion) and travel ($0.8 billion). 

     From November 2005 to November 2006, services
imports increased $2.4 billion.  The largest increases were in
other private services ($1.5 billion) and travel ($0.7 billion). 
                                                                   
Goods and Services Moving Average 

     For the three months ending in November, exports of
goods and services averaged $123.9 billion, while imports of
goods and services averaged $184.4 billion, resulting in an
average trade deficit of $60.4 billion.  For the three months
ending in October, the average trade deficit was $63.9 billion,
reflecting average exports of $123.3 billion and average
imports of $187.1 billion.


Selected Not Seasonally Adjusted Goods Details 

     The November figures showed surpluses, in billions of
dollars, with Singapore $1.0 ($0.3 for October), Hong Kong
$0.9 ($0.7), Australia $0.8 ($1.0), Egypt $0.2 ($0.3), and
Argentina $0.1 ($0.1).  Deficits were recorded, in billions of
dollars, with China $22.9 ($24.4), Europe $10.7 ($11.4), the
European Union $9.5 ($9.5), Japan $7.9 ($8.3), OPEC $6.8
($7.5), Mexico $5.4 ($5.2), Canada $5.4 ($5.5), Korea $1.2
($1.4), Taiwan $1.1 ($1.3), and Brazil $0.4 ($0.6).

     Advanced technology products (ATP) exports were
$22.8 billion in November and imports were $27.2 billion,
resulting in a deficit of $4.5 billion.  November exports were
$0.5 billion more than the $22.3 billion in October, while
imports were $0.1 billion more than the $27.1 billion in
October.

Revisions
                                  
     Goods carry-over in November was $0.3 billion (0.3
percent) for exports and $1.0 billion (0.7 percent) for
imports. For October, revised export carry-over was
virtually zero, revised down from $0.2 billion (0.2 percent). 
For October, revised import carry-over was $0.2 billion (0.2
percent), revised down from $1.1 billion (0.7 percent).

     Services exports for October were virtually unchanged at
$35.2 billion.  Services imports for October were virtually
unchanged at $28.9 billion.


                                                                  
                         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 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 16aExports, Imports, and Balance of Advanced Technology Products
               by Technology Group and Selected Countries and Areas24

Exhibit 17  Imports of Energy-Related Petroleum Products, 
              Including Crude Oil. . . . . . . . . . . . . . . . 25

Exhibit 18  Exports and Imports of Motor Vehicles and Parts By Selected Countries26

Information on Goods and Services. . . . . . . . . . . . . . . . 27