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 TUESDAY, APRIL 13, 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

CB10-50, BEA10-13, FT-900 (10-02)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
February 2010

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 February exports of $143.2 
billion and imports of $182.9 billion resulted in a goods and 
services deficit of $39.7 billion, up from $37.0 billion in 
January, revised.  February exports were $0.3 billion more 
than January exports of $142.9 billion.  February imports 
were $3.0 billion more than January imports of $179.8 billion.
    
    In February, the goods deficit increased $1.9 billion from 
January to $51.3 billion, and the services surplus decreased 
$0.8 billion to $11.6 billion.  Exports of goods increased $0.1 
billion to $98.5 billion, and imports of goods increased $2.0 
billion to $149.8 billion.  Exports of services increased $0.2 
billion to $44.7 billion, and imports of services increased $1.0 
billion to $33.1 billion.
    
    In February, the goods and services deficit increased 
$13.2 billion from February 2009.  Exports were up $17.9 
billion, or 14.3 percent, and imports were up $31.1 billion, or 
20.5 percent.
    
Goods (Census basis)
    
    The January to February increase in exports of goods 
reflected increases in capital goods ($0.4 billion); automotive 
vehicles, parts, and engines ($0.2 billion); and industrial 
supplies and materials ($0.2 billion).  Decreases occurred in 
foods, feeds, and beverages ($0.5 billion) and consumer 
goods ($0.2 billion).  Other goods were virtually 
unchanged. 
     
    The January to February increase in imports of 
goods reflected increases in consumer goods ($1.1 
billion); industrial supplies and materials ($1.0 billion); 
other goods ($0.4 billion); and capital goods ($0.4 
billion).  Decreases occurred in automotive vehicles, parts, 
and engines ($0.8 billion) and foods, feeds, and 
beverages ($0.1 billion).  
    
    The February 2009 to February 2010 increase in 
exports of goods reflected increases in industrial supplies 
and materials ($7.2 billion); automotive vehicles, parts, 
and engines ($3.2 billion); capital goods ($1.9 billion); 
foods, feeds, and beverages ($1.1 billion); consumer 
goods ($0.5 billion); and other goods ($0.4 billion).

    The February 2009 to February 2010 increase in imports of 
goods reflected increases in industrial supplies and 
materials ($14.3 billion); automotive vehicles, parts, and 
engines ($5.9 billion); capital goods ($4.0 billion); 
consumer goods ($3.5 billion); foods, feeds, and beverages 
($0.4 billion); and other goods ($0.2 billion).
    
Services

     Services exports increased $0.2 billion from January to 
February.  The increase was mostly accounted for by 
increases in 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).  
Changes in the other categories of services exports were 
small.
    
     Services imports increased $1.0 billion from January to 
February.  The increase was more than accounted for by 
increases in royalties and license fees (which included 
payments for the rights to broadcast the 2010 Winter 
Olympic Games), other transportation, and travel.  
Changes in the other categories of services imports were 
small. 
									
     Services exports increased $3.7 billion from February 
2009 to February 2010.  The largest increases were in other 
private services ($1.7 billion), royalties and license fees 
($0.7 billion), and other transportation ($0.7 billion).  
Within other private services, the largest increases were in 
business, professional, and technical services and financial 
services.

     Services imports increased $2.8 billion from February 
2009 to February 2010.  The largest increases were in 
royalties and license fees ($1.0 billion), other private 
services ($0.9 billion), and other transportation ($0.7 
billion).  Within other private services, the largest increases 
were in business, professional, and technical services and 
insurance services.
    
Goods and Services Moving Average

    For the three months ending in February, exports of 
goods and services averaged $143.1 billion, while imports 
of goods and services averaged $181.9 billion, resulting in 
an average trade deficit of $38.9 billion.  For the three  
months ending in January, the average trade deficit was 
$37.7 billion, reflecting average exports of $141.5 billion 
and average imports of $179.1 billion.
    
 

Selected Not Seasonally Adjusted Goods Details

    The February figures show surpluses, in billions of 
dollars, with Hong Kong $1.6 ($1.6 for January), Australia 
$1.0 ($0.9), and Belgium $0.7 ($0.3).  Deficits were 
recorded, in billions of dollars, with China $16.5 ($18.3), 
OPEC $6.4 ($7.2), European Union $5.3 ($2.8), Mexico 
$4.8 ($4.6), Japan $4.3 ($3.3), Canada $2.8 ($3.9), 
Germany $2.3 ($1.1), Venezuela $2.1 ($1.6), and Ireland 
$2.0 ($1.6).
    
    Advanced technology products exports were $19.7 
billion in February and imports were $23.6 billion, resulting in 
a deficit of $3.9 billion.  February exports were $1.6 billion 
less than the $21.3 billion in January, while February imports 
were $1.0 billion less than the $24.6 billion in January.
   
Revisions
   
    For January, goods exports and goods imports (not 
seasonally adjusted) were virtually unrevised.  Goods carry-
over in February was $0.1 billion (0.1 percent) for exports 
and $1.2 billion (0.9 percent) for imports.  For January, 
revised export carry-over was virtually zero.  For January, 
revised import carry-over was $0.3 billion (0.2 percent), 
revised down from $1.1 billion (0.8 percent).

    Services exports for January were revised up $0.2 billion 
to $44.5 billion, mostly reflecting an upward revision in 
travel.  Services imports for January were revised down $0.1 
billion to $32.0 billion, mostly reflecting a downward revision 
in other private services.

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