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 9, 2011

For information on goods contact:
For information on services contact:
U.S. Census Bureau:
U.S. Bureau of Economic Analysis:
Matthew Przybocki
301-763-3148
Technical:  Edward Dozier
202-606-9559
Maria Iseman
301-763-2311
Media:       Ralph Stewart
202-606-2649



CB11-210, BEA11-57, FT-900 (11-10)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
October 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 October exports of $179.2 billion 
and imports of $222.6 billion resulted in a goods and services 
deficit of $43.5 billion, down from $44.2 billion in September, 
revised.  October exports were $1.5 billion less than September 
exports of $180.6 billion.  October imports were $2.2 billion 
less than September imports of $224.8 billion.
    
    In October, the goods deficit decreased $0.7 billion from 
September to $58.8 billion, and the services surplus was 
virtually unchanged at $15.3 billion.  Exports of goods 
decreased $1.5 billion to $127.8 billion, and imports of goods 
decreased $2.2 billion to $186.6 billion.  Exports of services 
were virtually unchanged at $51.4 billion, and imports of 
services increased $0.1 billion to $36.1 billion.
    
    The goods and services deficit increased $4.0 billion from 
October 2010 to October 2011.  Exports were up $19.7 billion, 
or 12.3 percent, and imports were up $23.7 billion, or 11.9 
percent.
    
Goods (Census Basis)
    
    The September to October decrease in exports of goods 
reflected decreases in industrial supplies and materials ($1.3 
billion); consumer goods ($0.6 billion); foods, feeds, and 
beverages ($0.1 billion); and automotive vehicles, parts, and 
 engines ($0.1 billion). Increases occurred in capital goods 
($0.5 billion) and other goods ($0.2 billion).

   The September to October decrease in imports of goods 
reflected decreases in industrial supplies and materials ($3.6 
billion); automotive vehicles, parts, and engines ($0.6 billion); 
and other goods ($0.1 billion). Increases occurred in capital 
goods ($1.1 billion); consumer goods ($0.7 billion); and foods, 
feeds, and beverages ($0.2 billion).
   
   The October 2010 to October 2011 increase in exports of 
goods reflected increases in industrial supplies and materials 
($8.5 billion); capital goods ($3.8 billion); automotive 
vehicles, parts, and engines ($1.5 billion); consumer goods 
($0.8 billion); and foods, feeds, and beverages ($0.1 billion).  A 
decrease occurred in other goods ($0.3 billion).
   
   
   
   The October 2010 to October 2011 increase in imports of 
goods reflected increases in industrial supplies and materials 
($12.0 billion); capital goods ($4.4 billion); automotive 
vehicles, parts, and engines ($2.2 billion); foods, feeds, and 
beverages ($1.7 billion); and consumer goods ($0.9 billion). A 
decrease occurred in other goods ($0.1 billion).
    
Services

    Exports of services were virtually unchanged from 
September to October.  Increases in royalties and license fees 
and other private services (which includes items such as 
business, professional, and technical services, insurance 
services, and financial services) were mostly offset by 
decreases in travel, other transportation (which includes 
freight and port services), and passenger fares.  Changes in the 
other categories of services exports were small.
    
	Imports of services increased $0.1 billion from September 
to October.  An increase in other private services was partly 
offset by a decrease in passenger fares.  Changes in the other 
categories of services imports were small.
				
	The October 2010 to October 2011 increase in exports of 
services was $4.4 billion. The largest increases were in 
royalties and license fees ($1.5 billion), travel ($1.1 billion), 
and other private services ($1.0 billion).  Within other private 
services, the largest increase was in business, professional, and 
technical services.

	The October 2010 to October 2011 increase in imports of 
services was $2.0 billion. The largest increases were in other 
private services ($1.0 billion), travel ($0.3 billion), and 
royalties and license fees ($0.3 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 $179.3 billion, while imports of goods 
and services averaged $223.6 billion, resulting in an average 
trade deficit of $44.3 billion.  For the three months ending in 
September, the average trade deficit was $45.2 billion, 
reflecting average exports of $178.8 billion and average 
imports of $224.0 billion.
 

Selected Not Seasonally Adjusted Goods Details
    
    The October figures show surpluses, in billions of dollars, 
with Hong Kong $3.0 ($4.3 for September), Australia $2.1 
($1.4), Singapore $1.0 ($1.3), and Egypt $0.2 ($0.1).  Deficits 
were recorded, in billions of dollars, with China $28.1 ($28.1), 


OPEC $8.3 ($10.4), European Union $8.0 ($6.4), Japan $6.2 
($5.2), Mexico $5.3 ($5.0), Germany $4.3 ($4.3), Ireland $2.8 
($2.3), Venezuela $2.3 ($2.0), Canada $2.2 ($3.5), Nigeria 
$1.9 ($1.9), Taiwan $1.7 ($1.5), and Korea $1.4 ($1.5). 
    
    Advanced technology products exports were $25.4 billion 
in October and imports were $35.9 billion, resulting in a deficit 
of $10.4 billion.  October exports were $1.2 billion more than 
the $24.2 billion in September, while October imports were 
$3.3 billion more than the $32.5 billion in September.
    
Revisions  

Census Basis (not seasonally adjusted)
    
    For September, exports of goods were virtually unrevised 
and imports of goods were revised up $0.6 billion. Goods 
carry-over in October was $0.1 billion (0.0 percent) for exports 
and $1.6 billion (0.8 percent) for imports.  For September, 
revised export carry-over was virtually zero. For September, 
revised import carry-over was $0.3 billion (0.2 percent).

Balance of Payments Basis (seasonally adjusted)
    
    For April 2011 through September 2011, exports and 
imports of goods and services were revised to incorporate 
more comprehensive and updated quarterly and monthly 
data. 
    
    For September, exports of goods were virtually unrevised, 
and imports of goods were revised up $0.6 billion.  Exports of 
services were revised up $0.3 billion; upward revisions in 
royalties and license fees and travel were partly offset by a 
downward revision in other private services.  Imports of 
services were revised up $0.7 billion, reflecting upward 
revisions in other private services and travel.
    


NOTICE

Upcoming Changes to the Real (chain-weighted dollar) Series

Effective with the release of the January 2012 statistics on March 9, 2012, the U.S. Census Bureau 
(Census) will begin seasonally adjusting selected export and import prices that previously were not 
seasonally adjusted.  These prices are used in calculating the chain-weighted dollar series (Exhibits 10 
and 11).  Chain-weighted dollar statistics for 2010 and 2011 will be revised to reflect this new procedure.

This change will improve the overall quality of the chain-weighted dollar series by removing identified 
seasonal patterns.  This change also improves consistency between the Census chain-weighted dollar data 
and the chain-weighted dollar data published by the Bureau of Economic Analysis (BEA) in the National 
Income and Product Accounts (NIPAs).
If you have any questions or need additional information, please contact the Special Projects Branch of 
the U.S. Census Bureaus Foreign Trade Division on (301)763-3251.





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



   
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