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, DECEMBER 10, 2010

For information on goods contact:
U.S. Census Bureau:
Matthew Przybocki
301-763-3148
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



CB10-185, BEA10-56, FT-900 (10-10)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
October 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 October exports of $158.7 billion 
and imports of $197.4 billion resulted in a goods and services 
deficit of $38.7 billion, down from $44.6 billion in September, 
revised.  October exports were $4.9 billion more than 
September exports of $153.8 billion.  October imports were 
$0.9 billion less than September imports of $198.4 billion.
    
    In October, the goods deficit decreased $5.7 billion from 
September to $51.4 billion, and the services surplus increased 
$0.2 billion to $12.7 billion.  Exports of goods increased $4.5 
billion to $112.3 billion, and imports of goods decreased $1.2 
billion to $163.7 billion.  Exports of services increased $0.4 
billion to $46.4 billion, and imports of services increased $0.2 
billion to $33.7 billion.
    
    The goods and services deficit increased $6.4 billion from 
October 2009 to October 2010.  Exports were up $20.6 billion, 
or 14.9 percent, and imports were up $27.0 billion, or 15.9 
percent.
    
Goods (Census basis)
    
    The September to October increase in exports of goods 
reflected increases in industrial supplies and materials ($2.6 
billion); foods, feeds, and beverages ($0.7 billion); automotive 
vehicles, parts, and engines ($0.4 billion); capital goods ($0.4  
  

 
billion); other goods ($0.1 billion); and consumer goods ($0.1 
billion). 

    The September to October decrease in imports of goods 
reflected decreases in industrial supplies and materials ($1.7 
billion); capital goods ($0.9 billion); and foods, feeds, and 
beverages ($0.1 billion).  Increases occurred in consumer 
goods ($1.3 billion) and other goods ($0.3 billion).  
Automotive vehicles, parts, and engines were virtually 
unchanged.
    
    The October 2009 to October 2010 increase in exports of 
goods reflected increases in industrial supplies and materials 
($7.2 billion); capital goods ($4.6 billion); foods, feeds, and 
beverages ($2.1 billion); automotive vehicles, parts, and 
engines ($1.8 billion); other goods ($1.2 billion); and 
consumer goods ($0.3 billion).




    The October 2009 to October 2010 increase in imports of 
goods reflected increases in industrial supplies and materials 
($7.0 billion); capital goods ($7.0 billion); consumer goods 
($5.6 billion); automotive vehicles, parts, and engines ($3.3 
billion); foods, feeds, and beverages ($0.9 billion); and other 
goods ($0.3 billion).
    
Services

    Services exports increased $0.4 billion from September to 
October.  The increase was mostly accounted for by increases 
in other private services (which includes items such as 
business, professional, and technical services, insurance 
services, and financial services), travel, and other 
transportation (which includes freight and port services).  A 
decrease in transfers under U.S. military sales contracts was 
partly offsetting.  Changes in the other categories of services 
exports were small.
    
	Services imports increased $0.2 billion from September to 
October.  The increase was more than accounted for by 
increases in other private services, travel, and passenger 
fares.  A decrease in other transportation was partly 
offsetting.  Changes in the other categories of services imports 
were small.
								
	The October 2009 to October 2010 increase in exports of 
services was $3.5 billion.  The largest increases were in travel 
($1.1 billion), other private services ($1.0 billion), and 
passenger fares ($0.7 billion).  Within other private services, 
the largest increase was in business, professional, and 
technical services.
	
	The October 2009 to October 2010 increase in imports of 
services was $2.5 billion.  The largest increases were in other 
transportation ($1.0 billion), other private services ($0.6 
billion), and travel ($0.4 billion).  Within other private 
services, the largest increase was in business, professional, and 
technical services.
    
Goods and Services Moving Average

    For the three months ending in October, exports of goods 
and services averaged $155.2 billion, while imports of goods 
and services averaged $198.6 billion, resulting in an average 
trade deficit of $43.4 billion.  For the three months ending in 
September, the average trade deficit was $44.8 billion, 
reflecting average exports of $153.3 billion and average 
imports of $198.1 billion.
    
 
Selected Not Seasonally Adjusted Goods Details

    The October figures show surpluses, in billions of dollars, 
with Hong Kong $1.9 ($2.3 for September), Australia $1.3 
($1.2), Singapore $0.6 ($0.7), and Egypt $0.5 ($0.6).  Deficits 
were recorded, in billions of dollars, with China $25.5 ($27.8), 
European Union $7.1 ($6.1), Mexico $5.8 ($5.8), OPEC $5.7 
($8.9), Japan $5.7 ($5.0), Germany $3.3 ($2.7), Ireland $2.7 
($2.2), Nigeria $1.8 ($2.5), Venezuela $1.2 ($1.9), Korea $1.1 
($1.3), Canada $1.1 ($0.9), and Taiwan $1.0 ($0.9).
    
    Advanced technology products exports were $23.7 billion 
in October and imports were $32.2 billion, resulting in a deficit 
of $8.4 billion.  October exports were $0.8 billion more than 
the $23.0 billion in September, while October imports were 
$0.2 billion more than the $31.9 billion in September.
    
Revisions (Goods on a Census basis, not seasonally adjusted)
    
    For September, goods exports were revised up $0.2 billion 
and imports were revised up $0.5 billion.  Goods carry-over in 
October was $0.5 billion (0.5 percent) for exports and $1.0 
billion (0.6 percent) for imports.  For September, revised export 
carry-over was virtually zero.  For September, revised import 
carry-over was $0.2 billion (0.1 percent), revised down from 
$0.6 billion (0.4 percent).
    
    Services exports and imports for April 2010 through 
September 2010 reflect the incorporation of more 
comprehensive and revised quarterly and monthly data.  For 
services exports, the largest monthly revisions were in other 
private services.  For services imports, the largest monthly 
revisions were in travel.
    
    Services exports for September were revised down $0.5 
billion to $46.0 billion.  The revision was mostly accounted for 
by downward revisions in other private services and royalties 
and license fees.  An upward revision in transfers under U.S. 
military sales contracts was partly offsetting.  Services 
imports for September were revised down $0.2 billion to $33.5 
billion.  The revision was mostly accounted for by downward 
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
