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 WEDNESDAY, FEBRUARY 10, 2010

For information on goods contact:
For information on services contact:
U.S. Census Bureau:

Nick Orsini
301-763-6959
Maria Iseman
301-763-2311

U.S. Bureau of Economic Analysis:
Technical:  Edward Dozier
202-606-9559
Media:       Ralph Stewart
202-606-2649



CB10-20, BEA10-04, FT-900 (09-12)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
December 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 December exports 
of $142.7 billion and imports of $182.9 billion resulted 
in a goods and services deficit of $40.2 billion, up from 
$36.4 billion in November, revised.  December exports 
were $4.6 billion more than November exports of $138.1 
billion.  December imports were $8.4 billion more than 
November imports of $174.5 billion.

In December, the goods deficit increased $3.4 billion 
from November to $51.8 billion, and the services surplus 
decreased $0.4 billion to $11.7 billion.  Exports of goods 
increased $4.6 billion to $99.1 billion, and imports of 
goods increased $8.1 billion to $150.9 billion.  Exports of 
services were virtually unchanged at $43.6 billion, and 
imports of services increased $0.3 billion to $31.9 billion.

In December, the goods and services deficit 
decreased $1.7 billion from December 2008.  Exports 
were up $9.8 billion, or 7.4 percent, and imports were up 
$8.1 billion, or 4.6 percent.



 
 
Goods (Census basis)

The November to December increase in exports of 
goods reflected increases in capital goods ($1.8 billion); 
industrial supplies and materials ($1.6 billion); 
automotive vehicles, parts, and engines ($0.9 billion); 
other goods ($0.3 billion); and consumer goods ($0.3 
billion). Foods, feeds, and beverages were virtually 
unchanged.
 
The November to December increase in imports of 
goods reflected increases in industrial supplies and 
materials ($4.4 billion); automotive vehicles, parts, and 
engines ($1.6 billion); capital goods ($1.6 billion); foods, 
feeds, and beverages ($0.3 billion); and other goods ($0.2 
billion).  Consumer goods were virtually unchanged.




The December 2008 to December 2009 increase in exports 
of goods reflected increases in industrial supplies and 
materials ($5.5 billion); foods, feeds, and beverages ($1.8 
billion); automotive vehicles, parts, and engines ($1.4 
billion); consumer goods ($0.7 billion); and capital goods 
($0.7 billion). Other goods were virtually unchanged.

The December 2008 to December 2009 increase in 
imports of goods reflected increases in industrial supplies 
and materials ($3.9 billion); automotive vehicles, parts, and 
engines ($3.1 billion); consumer goods ($1.2 billion); and  
capital goods ($0.7 billion). Decreases occurred in other 
goods ($0.1 billion) and foods, feeds, and beverages ($0.1 
billion).


Services

Services exports were virtually unchanged from 
November to December.  Decreases in transfers under U.S. 
military sales contracts, 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), were mostly offset by increases in travel 
and passenger fares.

Services imports increased $0.3 billion from November 
to December.  The increase was mostly accounted for by 
increases in other transportation, travel, and passenger 
fares.  Changes in the other categories of services imports 
were small.

Services exports decreased $0.1 billion from December 
2008 to December 2009.  The largest decreases were in 
travel ($0.5 billion), passenger fares ($0.3 billion), and 
royalties and license fees ($0.2 billion).  An increase in 
other private services ($0.7 billion) was partly offsetting.  
Within other private services, the largest increases were in 
business, professional, and technical services and financial 
services.

Services imports decreased $0.5 billion from December 
2008 to December 2009.  The largest decreases were in 
passenger fares ($0.6 billion), other transportation ($0.5 
billion), and travel ($0.3 billion).  An increase in other 
private services ($0.5 billion) was partly offsetting.  Within 
other private services, the largest increases were in 
insurance services and financial services.

Goods and Services Moving Average

For the three months ending in December, exports of 
goods and services averaged $139.2 billion, while imports 
of goods and services averaged $175.8 billion, resulting in 
an  average  trade  deficit  of  $36.6  billion.  For  the  three 
 
months ending in November, the average trade deficit was 
$35.1 billion, reflecting average exports of $136.1 billion 
and average imports of $171.2 billion.

 

Selected Not Seasonally Adjusted Goods Details

The December figures show surpluses, in billions of 
dollars, with Hong Kong $2.0 ($1.4 for November), Australia 
$1.1 ($1.0), Singapore $0.8 ($0.7), and Egypt $0.2 ($0.2).   
Deficits were recorded, in billions of dollars, with China 
$18.1 ($20.2), OPEC $6.8 ($6.1), European Union $6.4 
($6.4), Mexico $5.2 ($5.1), Japan $4.6 ($5.4), Canada $3.0 
($1.5), Nigeria $2.2 ($2.1), Venezuela $2.1 ($1.6), Taiwan 
$0.7 ($0.9), and Korea $0.6 ($0.7).

Advanced technology products exports were $24.0 
billion in December and imports were $28.9 billion, resulting 
in a deficit of $4.9 billion.  December exports were $3.0 
billion more than the $21.0 billion in November, while 
December imports were $0.4 billion less than the $29.3 
billion in November.

Revisions

For November, goods exports (not seasonally adjusted) 
were revised down $0.1 billion and goods imports (not 
seasonally adjusted) were virtually unrevised.  Goods carry-
over in December was $0.1 billion (0.1 percent) for exports 
and $1.0 billion (0.7 percent) for imports.  For November, 
revised export carry-over was virtually zero.  For November, 
revised import carry-over was $0.2 billion (0.1 percent), 
revised down from $0.9 billion (0.7 percent).

The seasonally adjusted goods data for January through 
November were revised to align the seasonally adjusted 
months with the annual totals.


Services exports for November were virtually unrevised 
at $43.6 billion.  Services imports for November were 
virtually unrevised at $31.6 billion.    
           
Annual Summary for 2009
Goods and Services

For 2009, exports of $1,553.1 billion and imports of 
$1,933.7 billion resulted in a goods and services deficit of 
$380.7 billion, $315.3 billion less than the 2008 deficit of 
$695.9 billion.  For goods, exports were $1,045.6 billion and 
imports were $1,562.5 billion, resulting in a goods deficit of 
$517.0 billion, $323.3 billion less than the 2008 deficit of 
$840.3 billion.  For services, exports were $507.5 billion and 
imports were $371.2 billion, resulting in a services surplus of 
$136.3 billion, $8.0 billion less than the 2008 surplus of 
$144.3 billion.

The goods and services deficit was $380.7 billion in 
2009, down from $695.9 billion in 2008.  As a percentage of 
U.S. gross domestic product, the goods and services deficit 
was 2.7 percent in 2009, down from 4.8 percent in 2008.

Goods (Census basis)

For 2009, exports of goods were down $230.5 billion 
from 2008.  Decreases occurred in industrial supplies and 
materials ($91.7 billion); capital goods ($67.3 billion); 
automotive vehicles, parts, and engines ($39.8 billion); 
foods, feeds, and beverages ($14.4 billion); consumer goods 
($11.3 billion); and other goods ($6.2 billion).

For 2009, imports of goods were down $545.6 billion 
from 2008.  Decreases occurred in industrial supplies and 
materials ($318.4 billion); capital goods ($84.5 billion); 
automotive vehicles, parts, and engines ($73.8 billion); 
consumer goods ($53.2 billion); other goods ($8.3 billion); 
and foods, feeds, and beverages ($7.4 billion). 
 
Services

For 2009, exports of services were $507.5 billion, down 
$42.1 billion from 2008.  Decreases occurred in travel ($15.7 
billion); other transportation ($14.0 billion), which includes 
freight and port services; royalties and license fees ($8.2 
billion); passenger fares ($4.3 billion); and other private 
services ($3.4 billion), which includes items such as 
business, professional, and technical services, insurance 
services, and financial services.  Within other private 
services, the largest decrease was in financial services.  
Increases occurred in transfers under U.S. military sales 
contracts ($3.5 billion) and U.S. government miscellaneous 
services ($0.1 billion).   

For 2009, imports of services were $371.2 billion, down 
$34.1 billion from 2008.  Decreases occurred in other 
transportation ($17.9 billion); travel ($7.1 billion); 
passenger fares ($7.1 billion); royalties and license fees 
($2.1 billion); and direct defense expenditures ($0.7 
billion).  Increases occurred in other private services ($0.5 
billion) and U.S. government miscellaneous services ($0.2 
billion).  Within other private services, the largest increase 
was in insurance services.

For detailed descriptions of the types of transactions 
included in each of the services categories, see 
"Information on Goods and Services" starting on page A-1 
of this release.

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
