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 8, 2011

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



CB11-152, BEA11-44, FT-900 (11-07)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
July 2011


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 $178.0 billion and 
imports of $222.8 billion resulted in a goods and services 
deficit of $44.8 billion, down from $51.6 billion in June, 
revised.  July exports were $6.2 billion more than June exports 
of $171.8 billion.  July imports were $0.5 billion less than June 
imports of $223.4 billion.
    
    In July, the goods deficit decreased $6.4 billion from June 
to $60.6 billion, and the services surplus increased $0.4 billion 
to $15.8 billion.  Exports of goods increased $5.7 billion to 
$126.9 billion, and imports of goods decreased $0.7 billion to 
$187.5 billion.  Exports of services increased $0.5 billion to 
$51.1 billion, and imports of services increased $0.1 billion to 
$35.3 billion.
    
    The goods and services deficit increased $3.2 billion from 
July 2010 to July 2011.  Exports were up $23.4 billion, or 15.1 
percent, and imports were up $26.6 billion, or 13.6 percent.
    
Goods (Census Basis)
    
    The June to July increase in exports of goods reflected 
increases in industrial supplies and materials ($2.7 billion); 
capital goods ($2.2 billion); automotive vehicles, parts, and 
engines ($1.3 billion); and other goods ($0.2 billion).   
  

 
A decrease occurred in consumer goods ($0.6 billion). Foods, 
feeds, and beverages were virtually unchanged.

   The June to July decrease in imports of goods reflected 
decreases in industrial supplies and materials ($2.5 billion); 
other goods ($1.0 billion); and foods, feeds, and beverages 
($0.3 billion). Increases occurred in automotive vehicles, parts, 
and engines ($2.9 billion); capital goods ($0.3 billion); and 
consumer goods ($0.1 billion). 
   
   The July 2010 to July 2011 increase in exports of goods 
reflected increases in industrial supplies and materials ($9.6 
billion); capital goods ($3.4 billion); automotive vehicles, 
parts, and engines ($2.7 billion); foods, feeds, and beverages 
($2.0 billion); and consumer goods ($0.8 billion). A decrease 
occurred in other goods ($0.5 billion).


   
   The July 2010 to July 2011 increase in imports of goods 
reflected increases in industrial supplies and materials ($13.0 
billion); capital goods ($5.6 billion); automotive vehicles, 
parts, and engines ($2.9 billion); consumer goods ($2.2 
billion); and foods, feeds, and beverages ($1.2 billion). Other 
goods were virtually unchanged. 
    
Services

    Exports of services increased $0.5 billion from June to 
July. The increase was mostly accounted for by increases in 
travel, passenger fares, 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.
    
	Imports of services increased $0.1 billion from June to 
July. The increase was more than accounted for by increases 
in travel and passenger fares.  Changes in the other categories 
of services imports were small.
								
	The July 2010 to July 2011 increase in exports of services 
was $4.7 billion. The largest increases were in other private 
services ($2.2 billion), which includes items such as business, 
professional, and technical services, insurance services, and 
financial services, travel ($1.3 billion), and royalties and 
license fees ($0.7 billion). Within other private services, the 
largest increase was in business, professional, and technical 
services.

	The July 2010 to July 2011 increase in imports of services 
was $1.0 billion. The largest increases were in travel ($0.4 
billion), royalties and license fees ($0.3 billion), and passenger 
fares ($0.3 billion). 
    
Goods and Services Moving Average

    For the three months ending in July, exports of goods and 
services averaged $175.2 billion, while imports of goods and 
services averaged $224.0 billion, resulting in an average trade 
deficit of $48.9 billion.  For the three months ending in June, 
the average trade deficit was $48.3 billion, reflecting average 
exports of $174.6 billion and average imports of $222.9 
billion.
 

Selected Not Seasonally Adjusted Goods Details
    
    The July figures show surpluses, in billions of dollars, with 
Hong Kong $2.3 ($2.4 for June), Australia $1.7 ($1.4), 
Singapore $1.2 ($1.0), and Egypt $0.4 ($0.3).  Deficits were 
recorded, in billions of dollars, with China $27.0 ($26.7), 
OPEC $11.9 ($13.8), European Union $8.9 ($9.8), Japan $5.3 
($4.0), Mexico  $4.9 ($6.4), Germany $4.2 ($4.0), Canada 
$3.2 ($2.8), Nigeria $2.8 ($3.0), Ireland $2.7 ($2.8), Venezuela 
$2.6 ($3.3), Taiwan $1.6 ($1.8), and Korea $1.4 ($1.6).


 
    Advanced technology products exports were $23.6 billion 
in July and imports were $32.7 billion, resulting in a deficit of 
$9.1 billion.  July exports were $1.1 billion less than the $24.7 
billion in June, while July imports were $0.8 billion less than 
the $33.5 billion in June.
    
Revisions  

Census Basis (not seasonally adjusted)
    For June, exports of goods were virtually unrevised, and 
imports of goods were revised down $0.5 billion. Goods carry-
over in July was $0.2 billion (0.2 percent) for exports and $1.0 
billion (0.6 percent) for imports.  For June, revised export 
carry-over was $0.1 billion (0.1 percent), revised down from 
$0.2 billion (0.2 percent). For June, revised import carry-over 
was $0.3 billion (0.2 percent), revised down from $1.7 billion 
(0.9 percent).

Balance of Payments Basis (seasonally adjusted)
    Exports and imports of goods for January 2011 through 
June 2011 reflect the incorporation of more comprehensive 
and revised quarterly and monthly data. For June, exports 
were virtually unrevised and imports were revised down $0.6 
billion. 
   
    Exports and imports of services for January 2011 through 
June 2011 reflect the incorporation of more comprehensive 
and revised quarterly and monthly data.  For exports of 
services, the largest revisions were in royalties and license fees.  
For imports of services, upward revisions in royalties and 
license fees and travel were mostly offset by downward 
revisions in other private services. 
    
    Exports of services for June were revised up $1.0 billion to 
$50.6 billion, mostly reflecting upward revisions in royalties 
and license fees, travel, and passenger fares. Imports of 
services for June were virtually unrevised at $35.2 billion; 
upward revisions in most categories were offset by a 
downward revision in other private services.


NOTICE

Addition of South Sudan 
Effective with the release of August 2011 statistics on October 13, 2011, the U.S. International Trade in 
Goods and Services report will be revised to reflect South Sudan as an independent country.  Sudan and 
South Sudan will be listed individually in exhibit 6 of the FT-900 supplement.
If you have any questions or need additional information, please contact the Data Dissemination Branch 
office on 1-800-549-0595, option 4; 301-763-2311; or email at ftd.data.dissemination@census.gov .









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


