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, OCTOBER 13, 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:  Anne Flatness
202-606-9548

Media:       Ralph Stewart
202-606-2649


CB11-171, BEA11-51, FT-900 (11-08)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
August 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 August exports of $177.6 billion 
and imports of $223.2 billion resulted in a goods and services 
deficit of $45.6 billion, virtually unchanged from July, 
revised.  August exports were $0.1 billion less than July exports 
of $177.7 billion.  August imports were $0.1 billion less than 
July imports of $223.3 billion.
    
    In August, the goods deficit increased $0.1 billion from 
July to $61.4 billion, and the services surplus increased $0.2 
billion to $15.8 billion.  Exports of goods decreased $0.1 
billion to $126.7 billion, and imports of goods were virtually 
unchanged at $188.1 billion.  Exports of services were 
virtually unchanged at $50.9 billion, and imports of services 
decreased $0.2 billion to $35.1 billion.
    
    The goods and services deficit increased $0.1 billion from 
August 2010 to August 2011.  Exports were up $22.7 billion, 
or 14.7 percent, and imports were up $22.8 billion, or 11.4 
percent.
    
Goods (Census Basis)
    
    Exports of goods from July to August were virtually 
unchanged. Increases occurred in industrial supplies and 
materials ($0.8 billion); consumer goods ($0.2 billion); foods, 
feeds, and beverages ($0.2 billion); and other goods ($0.1  
billion). Decreases occurred in automotive vehicles, parts, and 
engines ($1.0 billion) and capital goods ($0.4 billion).

   The July to August increase in imports of goods reflected 
increases in industrial supplies and materials ($0.9 billion); 
other goods ($0.9 billion); and foods, feeds, and beverages 
($0.1 billion). Decreases occurred in consumer goods ($0.8 
billion); automotive vehicles, parts, and engines ($0.7 billion); 
and capital goods ($0.3 billion). 
   
   The August 2010 to August 2011 increase in exports of 
goods reflected increases in industrial supplies and materials 
($9.7 billion); capital goods ($4.2 billion); automotive 
vehicles, parts, and engines ($1.6 billion); foods, feeds, and 
beverages ($1.3 billion); consumer goods ($0.9 billion); and 
other goods ($0.2 billion).
   
   The August 2010 to August 2011 increase in imports of 
goods reflected increases in industrial supplies and materials 
($13.4 billion); capital goods ($4.3 billion); automotive 
vehicles, parts, and engines ($1.8 billion); foods, feeds, and 
beverages ($1.1 billion); other goods ($0.5 billion); and 
consumer goods ($0.3 billion). 
    
Services

    Exports of services were virtually unchanged from July to 
August. An increase in other private services (which includes 
items such as business, professional, and technical services, 
insurance services, and financial services) was offset by a 
decrease in travel.  Changes in the other categories of services 
exports were small and offsetting.
    
	Imports of services decreased $0.2 billion from July to 
August. The decrease was more than accounted for by 
decreases in travel, other transportation (which includes 
freight and port services), and passenger fares. An increase in 
other private services was partly offsetting.  Changes in the 
other categories of services imports were small.
								
	The August 2010 to August 2011 increase in exports of 
services was $4.5 billion. The largest increases were in other 
private services ($2.0 billion), travel ($1.0 billion), and 
royalties and license fees ($0.7 billion). Within other private 
services, the largest increase was in business, professional, and 
technical services.

	The August 2010 to August 2011 increase in imports of 
services was $0.8 billion. The largest increases were in 
royalties and license fees ($0.3 billion), passenger fares ($0.3 
billion), and travel ($0.3 billion).
    
Goods and Services Moving Average

    For the three months ending in August, exports of goods 
and services averaged $175.7 billion, while imports of goods 
and services averaged $223.3 billion, resulting in an average 
trade deficit of $47.6 billion.  For the three months ending in 
July, the average trade deficit was $49.1 billion, reflecting 
average exports of $175.1 billion and average imports of 
$224.2 billion.
 

Selected Not Seasonally Adjusted Goods Details
    
    The August figures show surpluses, in billions of dollars, 
with Hong Kong $2.4 ($2.3 for July), Australia $1.4 ($1.7), 
Singapore $1.0 ($1.2), and Egypt $0.4 ($0.4).  Deficits were 
recorded, in billions of dollars, with China $29.0 ($27.0), 


 OPEC $13.3 ($11.9), European Union $9.0 ($8.9), Japan $6.7 
($5.2), Mexico $5.5 ($4.9), Germany $4.5 ($4.2), Venezuela 
$3.0 ($2.6), Nigeria $3.0 ($2.8), Ireland $2.9 ($2.7), Canada 
$2.4 ($3.3), Taiwan $1.6 ($1.6), and Korea $0.7 ($1.4).
    
    Advanced technology products exports were $23.9 billion 
in August and imports were $33.0 billion, resulting in a deficit 
of $9.1 billion.  August exports were $0.3 billion more than the 
$23.6 billion in July, while August imports were $0.3 billion 
more than the $32.7 billion in July.
    
Revisions  

Census Basis (not seasonally adjusted)
    
    For July, exports of goods were revised down $0.1 billion 
and imports of goods were revised up $0.5 billion. Goods 
carry-over in August was $0.2 billion (0.2 percent) for exports 
and $1.4 billion (0.7 percent) for imports.  For July, revised 
export carry-over was $0.2 billion (0.1 percent), virtually 
unrevised. For July, revised import carry-over was $0.2 billion 
(0.1 percent), revised down from $1.0 billion (0.6 percent).

Balance of Payments Basis (seasonally adjusted)
    
    For July, exports of goods were revised down $0.1 billion 
and imports of goods were revised up $0.5 billion. 
    
    For July, exports of services were revised down $0.2 
billion, mostly reflecting a downward revision in travel.  For 
July, imports of services were virtually unrevised. 
    

NOTICE

Addition of South Sudan 
Effective with this release, the U.S. International Trade in Goods and Services report is revised to reflect 
South Sudan as an independent country.  Sudan and South Sudan are 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

