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 FRIDAY, OCTOBER 9, 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

CB09-151, BEA09-45, FT-900 (09-08)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
August 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 August exports of 
$128.2 billion and imports of $158.9 billion resulted in a 
goods and services deficit of $30.7 billion, down from 
$31.9 billion in July, revised.  August exports were $0.2 
billion more than July exports of $128.0 billion.  August 
imports were $0.9 billion less than July imports of $159.8 
billion.

In August, the goods deficit decreased $0.8 billion 
from July to $41.9 billion, and the services surplus 
increased $0.3 billion to $11.2 billion.  Exports of goods 
were virtually unchanged at $86.8 billion, and imports of 
goods decreased $0.8 billion to $128.7 billion.  Exports of 
services increased $0.2 billion to $41.4 billion, and 
imports of services decreased $0.1 billion to $30.2 
billion.

In August, the goods and services deficit decreased 
$30.2 billion from August 2008.  Exports were down 
$33.4 billion, or 20.7 percent, and imports were down 
$63.6 billion, or 28.6 percent.
 
Goods (Census basis)

The July to August decrease in exports of goods 
reflected decreases in capital goods ($1.3 billion), other 
goods ($0.4 billion), and consumer goods ($0.1 billion). 
Increases occurred in industrial supplies and materials 
($0.9 billion); automotive vehicles, parts, and engines 
($0.5 billion); and foods, feeds, and beverages ($0.1 
billion).
 
The July to August decrease in imports of goods 
reflected decreases in industrial supplies and materials 
($1.0 billion); consumer goods ($0.7 billion); other goods 
($0.2 billion); foods, feeds, and beverages ($0.1 billion); 
and capital goods ($0.1 billion). An increase occurred in 
automotive vehicles, parts, and engines ($1.2 billion).
The August 2008 to August 2009 decrease in exports of 
goods reflected decreases in industrial supplies and 
materials ($11.3 billion); capital goods ($9.5 billion); 
automotive vehicles, parts, and engines ($3.0 billion); 
foods, feeds, and beverages ($2.0 billion); consumer goods 
($1.6 billion); and other goods ($1.0 billion).

The August 2008 to August 2009 decrease in imports 
of goods reflected decreases in industrial supplies and 
materials ($36.1 billion); capital goods ($8.0 billion); 
consumer goods ($7.2 billion); automotive vehicles, parts, 
and engines ($4.7 billion); foods, feeds, and beverages 
($1.1 billion); and other goods ($0.7 billion).


Services

Services exports increased $0.2 billion from July to 
August.  The increase was more than accounted for by 
increases in travel, other transportation (which includes 
freight and port services), and other private services (which 
includes items such as business, professional, and technical 
services, insurance services, and financial services).  A 
decrease in transfers under U.S. military sales contracts 
was partly offsetting.  Changes in other categories of 
services exports were small.

Services imports decreased $0.1 billion from July to 
August.  The decrease was more than accounted for by a 
decrease in other transportation.  An increase in travel was 
partly offsetting.  Changes in other categories of services 
imports were small.

The August 2008 to August 2009 decrease in exports of 
services was $5.6 billion.  The largest decreases were in 
travel ($2.0 billion), other transportation ($1.5 billion), and 
royalties and license fees ($0.9 billion).

The August 2008 to August 2009 decrease in imports 
of services was $5.5 billion.  The largest decreases were in 
other transportation ($2.2 billion), royalties and license 
fees ($1.2 billion), and passenger fares ($0.7 billion).  

Goods and Services Moving Average

For the three months ending in August, exports of 
goods and services averaged $127.0 billion, while imports 
of goods and services averaged $157.1 billion, resulting in 
an average trade deficit of $30.0 billion.  For the three 
months ending in July, the average trade deficit was $28.6 
billion, reflecting average exports of $125.1 billion and 
average imports of $153.6 billion.
 




Selected Not Seasonally Adjusted Goods Details

The August figures show surpluses, in billions of dollars, 
with Hong Kong $1.3 ($1.3 for July), Australia $1.2 ($0.7), 
Egypt $0.4 ($0.2), and Singapore $0.3 ($0.7). Deficits were 
recorded, in billions of dollars, with China $20.2 ($20.4), 
OPEC $6.4 ($6.9), European Union $5.4 ($8.0), Japan $4.3 
($3.9), Mexico $4.0 ($2.9), Venezuela $1.9 ($2.3), Nigeria 
$1.7 ($1.7), Canada $1.5 ($2.1), Taiwan $0.5 ($0.7), and 
Korea $0.4 ($1.0).

Advanced technology products exports were $18.5 billion 
in August and imports were $24.1 billion, resulting in a deficit 
of $5.6 billion.  August exports were $1.5 billion less than the 
$20.0 billion in July, while August imports were $2.4 billion 
less than the $26.6 billion in July.

Revisions

Goods exports and imports for July were each revised up 
$0.1 billion.  For July, revised export carry-over was virtually 
zero, revised down from $0.1 billion (0.1 percent).  For July, 
revised import carry-over was $0.1 billion (0.1 percent), 
revised down from $0.6 billion (0.4 percent).  Goods carry-
over in August was virtually zero for exports and $0.7 billion 
(0.5 percent) for imports.


Services exports for July were revised up $0.3 billion to 
$41.2 billion.  The revision was mostly accounted for by 
upward revisions in travel, other private services, and 
passenger fares.  Services imports for July were revised up 
$0.2 billion to $30.3 billion.  The revision was mostly 
accounted for by upward revisions in travel and passenger 
fares.

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