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. EDT THURSDAY, SEPTEMBER 10, 2009

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: Edward Dozier
202-606-9559
Media: Ralph Stewart
202-606-2649

CB09-140, BEA09-39, FT-900 (09-07)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
July 2009

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 July exports of 
$127.6 billion and imports of $159.6 billion resulted in a 
goods and services deficit of $32.0 billion, up from $27.5 
billion in June, revised.  July exports were $2.7 billon 
more than June exports of $124.9 billion.  July imports 
were $7.2 billion more than June imports of $152.4 
billion.

In July, the goods deficit increased $4.3 billion from 
June to $42.7 billion, and the services surplus decreased 
$0.1 billion to $10.7 billion.  Exports of goods increased 
$2.7 billion to $86.7 billion, and imports of goods 
increased $7.0 billion to $129.4 billion.  Exports of 
services increased $0.1 billion to $40.9 billion, and 
imports of services increased $0.2 billion to $30.2 billion.

In July, the goods and services deficit decreased 
$32.9 billion from July 2008.  Exports were down $36.8 
billion, or 22.4 percent, and imports were down $69.8 
billion, or 30.4 percent.
 
Goods

The June to July increase in exports of goods 
reflected increases in automotive vehicles, parts, and 
engines ($1.3 billion); capital goods ($0.7 billion); 
industrial supplies and materials ($0.4 billion); consumer 
goods ($0.4 billion); and other goods ($0.2 billion). A 
decrease occurred in foods, feeds, and beverages ($0.4 
billion).
 
The June to July increase in imports of goods 
reflected increases in automotive vehicles, parts, and 
engines ($2.4 billion); consumer goods ($1.7 billion); 
industrial supplies and materials ($1.4 billion); capital 
goods ($1.3 billion); and other goods ($0.2 billion). A 
decrease occurred in foods, feeds, and beverages ($0.1 
billion).

The July 2008 to July 2009 decrease in exports of goods 
reflected decreases in industrial supplies and materials 
($13.1 billion); capital goods ($7.9 billion); automotive 
vehicles, parts, and engines ($4.7 billion); foods, feeds, and 
beverages ($2.2 billion); consumer goods ($2.1 billion); and 
other goods ($0.4 billion).

The July 2008 to July 2009 decrease in imports of 
goods reflected decreases in industrial supplies and 
materials ($41.5 billion); capital goods ($8.6 billion); 
automotive vehicles, parts, and engines ($6.8 billion); 
consumer goods ($5.5 billion); other goods ($1.1 billion); 
and foods, feeds, and beverages ($0.7 billion).


Services

Services exports increased $0.1 billion from June to 
July.  The increase was more than accounted for by an 
increase in other transportation (which includes freight and 
port services) and small increases in several other categories 
of services exports.  Decreases in passenger fares and other 
private services (which includes items such as business, 
professional, and technical services, insurance services, and 
financial services) were partly offsetting.  

Services imports increased $0.2 billion from June to 
July.  The increase was more than accounted for by 
increases in other transportation and travel.  A decrease in 
passenger fares was partly offsetting.  Changes in other 
categories of services imports were small.

The July 2008 to July 2009 decrease in exports of 
services was $6.3 billion.  The largest decreases were in 
travel ($2.3 billion), other transportation ($1.6 billion), 
other private services ($1.1 billion), and royalties and 
license fees ($1.0 billion).  Within other private services, 
the largest decrease was in business, professional, and 
technical services. 

The July 2008 to July 2009 decrease in imports of 
services was $4.7 billion.  The largest decreases were in 
other transportation ($2.0 billion), passenger fares ($0.8 
billion), travel ($0.6 billion), and other private services 
($0.6 billion).  Within other private services, the largest 
decreases were in business, professional, and technical 
services and financial services.

Goods and Services Moving Average

For the three months ending in July, exports of goods 
and services averaged $124.9 billion, while imports of 
goods and services averaged $153.5 billion, resulting in an 
average trade deficit of $28.6 billion.  For the three months 
ending in June, the average trade deficit was $27.7 billion, 
reflecting average exports of $122.6 billion and average 
imports of $150.3 billion.
 




Selected Not Seasonally Adjusted Goods Details

The July figures show surpluses, in billions of dollars, 
with Hong Kong $1.3 ($1.4 for June), Australia $0.7 ($1.0), 
Singapore $0.7 ($0.5), and Egypt $0.2 ($0.2).  Deficits were 
recorded, in billions of dollars, with China $20.4 ($18.4), the 
European Union $8.0 ($4.5), OPEC $6.9 ($5.9), Japan $3.9 
($3.7), Mexico $2.9 ($3.4), Venezuela $2.3 ($1.8), Canada 
$2.2 ($1.5), Nigeria $1.7 ($1.3), Korea $1.0 ($0.9), and 
Taiwan $0.7 ($0.6).

Advanced technology products (ATP) exports were $20.0 
billion in July and imports were $26.6 billion, resulting in a 
deficit of $6.6 billion.  July exports were $0.8 billion less than 
the $20.7 billion in June, while July imports were $1.2 billion 
more than the $25.3 billion in June.

Revisions

Goods carry-over in July was $0.1 billion (0.1 percent) for 
exports and $0.6 billion (0.4 percent) for imports.  For June, 
revised export carry-over was virtually zero, revised down 
from $0.1 billion (0.1 percent).  For June, revised import 
carry-over was $0.1 billion (0.1 percent), revised down from 
$0.5 billion (0.4 percent).


Services exports and imports for January 2009 through 
June 2009 reflect the incorporation of more comprehensive 
and revised quarterly and monthly data.  For services exports, 
the largest monthly revisions were in royalties and license fees 
and other private services.  For services imports, the largest 
monthly revisions were in other private services.

Services exports for June were revised down $1.0 billion 
to $40.8 billion.  The revision was more than accounted for by 
downward revisions in royalties and license fees, other private 
services, and travel; an upward revision in transfers under 
U.S. military sales contracts was partly offsetting.  Services 
imports for June were revised down $0.4 billion to $30.0 
billion.  The revision was more than accounted for by a 
downward revision in other private services; an upward 
revision in royalties and license fees was partly offsetting.





TABLE OF CONTENTS
 

Seasonally Adjusted

Exhibit 1
U.S. International Trade in Goods and Services
1

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

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

Exhibit 4
U.S. Services by Major Category - Imports
4

Exhibit 5
U.S. Trade in Goods
5

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

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

Exhibit 8
Imports of Goods by End-Use Category and Commodity
9

Exhibit 9
Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use 
Category Totals
11

Exhibit 10
Real Exports and Imports of Goods by Principal End-Use Category (2005 Chain-
weighted dollars)
12

Exhibit 11
Real Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use 
Commodity Category Totals (2005 Chain-weighted dollars)
13

Not Seasonally Adjusted

Exhibit 12
U.S. Trade in Goods
14

Exhibit 13
Exports and Imports of Goods by Principal End-Use Category
15

Exhibit 14
Exports, Imports, and Balance of Goods by Selected Countries and Areas
16

Exhibit 15
Exports and Imports of Goods by Principal SITC Commodities
18

Exhibit 16
Exports, Imports, and Balance of Advanced Technology Products
20

Exhibit 16a
Exports, Imports, and Balance of Advanced Technology Products by Technology
Group and Selected Countries and Areas
21

Exhibit 17
Imports of Energy-Related Petroleum Products, Including Crude Oil
22

Exhibit 18
Exports and Imports of Motor Vehicles and Parts by Selected Countries
23

Information on Goods and Services
A-1