U.S. Census Bureau
U.S. Bureau of Economic Analysis
NEWS
U.S. Department of Commerce ? Washington, DC 20230


FOR IMMEDIATE RELEASE
8:30 A.M. EST FRIDAY, NOVEMBER 9, 2007

For information on goods contact:
U.S. Census Bureau:
Nick Orsini
301-763-6959
Maria Iseman
301-763-2311

For information on services contact:
U.S. Bureau of Economic Analysis:
Technical:Christopher Bach
202-606-9545
Media:     Ralph Stewart
202-606-2649



CB07-160, BEA07-52, FT-900 (07-09)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
September 2007

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 September exports 
of $140.1 billion and imports of $196.6 billion resulted in 
a goods and services deficit of $56.5 billion, compared 
with $56.8 billion in August, revised.  September exports 
were $1.5 billion more than August exports of $138.6 
billion.  September imports were $1.2 billion more than 
August imports of $195.4 billion.

In September, the goods deficit decreased $0.3 billion 
from August to $65.7 billion, and the services surplus was 
virtually unchanged at $9.3 billion. Exports of goods 
increased $1.2 billion to $100.2 billion, and imports of 
goods increased $0.9 billion to $166.0 billion.  Exports of 
services increased $0.3 billion to $39.9 billion, and 
imports of services increased $0.2 billion to $30.6 billion.

In September, the goods and services deficit was 
down $7.7 billion from September 2006.  Exports were up 
$16.8 billion, or 13.6 percent, and imports were up $9.1 
billion, or 4.9 percent.

Goods

The August to September change in exports of goods 
reflected increases in foods, feeds, and beverages ($0.7 
billion); industrial supplies and materials ($0.7 billion); 
consumer goods ($0.3 billion); and automotive vehicles, 
parts, and engines ($0.1 billion).  Decreases occurred in 
capital goods ($0.4 billion) and other goods ($0.3 billion).

 The August to September change in imports of goods 
reflected increases in capital goods ($0.8 billion); 
automotive vehicles, parts, and engines ($0.3 billion); and 
consumer goods ($0.2 billion).  A decrease occurred in 
industrial supplies and materials ($0.4 billion).  Other 
goods and foods, feeds, and beverages were virtually 
unchanged.
 
The September 2006 to September 2007 change in 
exports of goods reflected increases in industrial supplies 
and materials ($3.5 billion); capital goods ($2.7 billion); 
food, feeds, and beverages ($2.4 billion); consumer goods 
($2.0 billion); and automotive vehicles, parts, and engines 
($1.6 billion).  A decrease occurred in other goods ($0.3 
billion).

The September 2006 to September 2007 change in 
imports of goods reflected increases in capital goods ($2.4 
billion); consumer goods ($1.5 billion); automotive 
vehicles, parts, and engines ($1.2 billion); industrial 
supplies and materials ($0.6 billion); food, feeds, and 
beverages ($0.6 billion); and other goods ($0.3 billion).

Services

Services exports increased $0.3 billion from August 
to September.  The increase was more than accounted for 
by increases in travel, passenger fares, and transfers 
under U.S. military sales contracts.  Changes in other 
categories of services exports were small.
					
Services imports increased $0.2 billion from August 
to September.  The largest increase was in travel.  
Changes in other categories of services imports were 
small.
				
From September 2006 to September 2007, services 
exports increased $4.4 billion.  The largest increases were 
in other private services, which includes items such as 
business, professional, and technical services, insurance 
services, and financial services ($1.8 billion), travel ($1.4 
billion), and other transportation, which includes freight 
and port services ($0.5 billion).
						
From September 2006 to September 2007, services 
imports increased $1.9 billion.  The largest increases were 
in other private services ($1.0 billion), travel ($0.3 
billion), and royalties and license fees ($0.2 billion).

Goods and Services Moving Average

 
For the three months ending in September, exports of 
goods and services averaged $138.8 billion, while imports 
of goods and services averaged $196.3 billion, resulting in 
an average trade deficit of $57.4 billion.  For the three 
months ending in August, the average trade deficit was 
$58.4 billion, reflecting average exports of $136.8 billion 
and average imports of $195.2 billion.



Selected Not Seasonally Adjusted Goods Details

The September figures showed surpluses, in billions 
of dollars, with Hong Kong $1.4 ($1.1 for August), 
Australia $1.0 ($0.9), Singapore $0.7 ($0.6), Egypt $0.4 
($0.4), and Argentina $0.3 ($0.1).  Deficits were recorded, 
in billions of dollars, with China $23.8 ($22.5), OPEC 
$11.1 ($11.4), Europe $7.3 ($11.1), the European Union 
$6.4 ($10.2), Mexico $6.3 ($6.9), Japan $6.2 ($6.7), 
Canada $4.9 ($5.0), Taiwan $1.3 ($0.8), Korea $0.9 
($0.8), and Brazil $0.1 ($0.2). 

Advanced technology products (ATP) exports were 
$22.9 billion in September and imports were $28.1 billion, 
resulting in a deficit of $5.2 billion.  September exports 
were $0.3 billion less than the $23.2 billion in August, 
while imports were $0.1 billion more than the $27.9 
billion in August.

Revisions

Goods carry-over in September was $0.1 billion (0.1 
percent) for exports and $0.9 billion (0.6 percent) for 
imports. For August, revised export carry-over was $0.1 
billion (0.1 percent), revised down from $0.4 billion (0.4 
percent).  For August, revised import carry-over was $0.3 
billion (0.2 percent), revised down from $1.5 billion (0.9 
percent).

Services exports for August were revised up $0.3 
billion to $39.7 billion.  The revision was mostly 
accounted for by a upward revision in travel.  Services 
imports for August were virtually unchanged at $30.4 
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 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 16a
Exports, Imports and Balance of Advanced Technology Products by Technology Group 
and Selected Countries and Areas. . . . . . . . . . . . . . . . . . . . . 24

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

Exhibit 18
Exports and Imports of Motor Vehicles and Parts by Selected Countries. . .26
Information on Goods and Services.. . . . . . . . . . . . . . . . . . . . 27

NOTE:  Total goods data are reported on a Balance of Payments basis; commodity and country detail data for goods are on a Census basis.  For 
information on data sources and definitions, see the information section on page 27 of this release, or at www.census.gov/ft900 or 
www.bea.gov/bea/di/home/trade.htm.  The next FT-900 release is December 12, 2007.
2

Scheduled release dates through February 2009 are located on page 31

SOURCE: Report FT900 (CB-07-160, BEA-07-52), Bureau of the Census, Foreign
Trade Division, September 2007.  For more information, contact Nick Orsini
(301-763-6959) or Maria Iseman  (301-763-2311), Foreign Trade Division.