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 THURSDAY, NOVEMBER 8, 2012

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



CB12-211, BEA12-50, FT-900 (12-09)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
September 2012


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 September exports of $187.0 
billion and imports of $228.5 billion resulted in a goods and 
services deficit of $41.5 billion, down from $43.8 billion in 
August, revised.  September exports were $5.6 billion more 
than August exports of $181.4 billion.  September imports 
were $3.4 billion more than August imports of $225.2 billion.
    
    In September, the goods deficit decreased $1.4 billion 
from August to $57.5 billion, and the services surplus 
increased $0.8 billion from August to $15.9 billion.  Exports 
of goods increased $5.4 billion to $134.0 billion, and imports 
of goods increased $3.9 billion to $191.5 billion.  Exports of 
services increased $0.3 billion to $53.0 billion, and imports of 
services decreased $0.6 billion to $37.1 billion.
    
    The goods and services deficit decreased $2.9 billion 
from September 2011 to September 2012.  Exports were up 
$6.4 billion, or 3.5 percent, and imports were up $3.4 billion, 
or 1.5 percent.
    
Goods (Census Basis)
    
    The August to September increase in exports of goods 
reflected increases in industrial supplies and materials ($3.4 
billion); foods, feeds, and beverages ($1.1 billion); consumer 
goods ($0.5 billion); capital goods ($0.4 billion); and other 
goods ($0.2 billion).  A decrease occurred in automotive 
vehicles, parts, and engines ($0.3 billion).  
      
 
 

   The August to September increase in imports of goods 
reflected increases in consumer goods ($2.7 billion); industrial 
supplies and materials ($1.2 billion); capital goods ($0.6 
billion); other goods ($0.1 billion); and foods, feeds, and 
beverages ($0.1 billion).  A decrease occurred in automotive 
vehicles, parts, and engines ($0.9 billion).
   
   The September 2011 to September 2012 increase in 
exports of goods reflected increases in capital goods ($3.1 
billion); foods, feeds, and beverages ($2.5 billion); other 
goods ($0.6 billion); automotive vehicles, parts, and engines 
($0.5 billion); and consumer goods ($0.2 billion). A decrease 
occurred in industrial supplies and materials ($1.9 billion).
   
   
   
   
   The September 2011 to September 2012 increase in 
imports of goods reflected increases in capital goods ($2.5 
billion); automotive vehicles, parts, and engines ($2.1 billion); 
consumer goods ($2.0 billion); other goods ($0.7 billion); and 
foods, feeds, and beverages ($0.1 billion).  A decrease 
occurred in industrial supplies and materials ($4.0 billion).
    
Services

    Exports of services increased $0.3 billion from August to 
September.  The increase was accounted for by increases in 
travel ($0.2 billion) and other private services ($0.1 billion), 
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.
    
	Imports of services decreased $0.6 billion from August to 
September.  The decrease was more than accounted for by a 
decrease in royalties and license fees ($0.8 billion) associated 
with cessation of payments for the rights to broadcast the 2012 
Summer Olympic Games in July and August.  Increases in 
other transportation ($0.1 billion), which includes freight and 
port services, travel ($0.1 billion), and passenger fares ($0.1 
billion) were partly offsetting.  Changes in the other categories 
of services imports were small.
				
	The September 2011 to September 2012 increase in 
exports of services was $1.4 billion.  The largest increases 
were in other private services ($1.0 billion) and travel ($0.5 
billion).  Within other private services, the largest increase 
was in business, professional, and technical services.

	The September 2011 to September 2012 increase in 
imports of services was $0.6 billion.  The largest increases 
were in travel ($0.4 billion), royalties and license fees ($0.2 
billion), and passenger fares ($0.2 billion).
    
Goods and Services Moving Average

    For the three months ending in September, exports of 
goods and services averaged $183.9 billion, while imports of 
goods and services averaged $226.5 billion, resulting in an 
average trade deficit of $42.6 billion.  For the three months 
ending in August, the average trade deficit was $42.7 billion, 
reflecting average exports of $183.2 billion and average 
imports of $226.0 billion.
 






Selected Not Seasonally Adjusted Goods Details
    
    The September figures show surpluses, in billions of 
dollars, with Hong Kong $2.2 ($2.1 for August), Australia 
$1.9 ($1.8), Singapore $0.7 ($0.9), and Egypt $0.3 ($0.2).  
Deficits were recorded, in billions of dollars, with China $29.1 
($28.7), European Union $8.6 ($11.7), OPEC $7.1 ($8.1), 
Germany $5.2 ($5.7), Japan $4.8 ($6.7), Mexico $4.8 ($4.5), 
Canada $1.9 ($2.2), Ireland $1.6 ($2.4), Taiwan $1.3 ($1.4), 
Korea $1.3 ($1.6), Nigeria $1.2 ($1.1), and Venezuela $1.1 
($2.2).  
   
   Advanced technology products exports were $25.8 billion 
in September and imports were $32.9 billion, resulting in a 
deficit of $7.2 billion.  September exports were $0.2 billion 
more than the $25.5 billion in August, while September 
imports were $0.6 billion more than the $32.3 billion in 
August.
    
Revisions 
       
Census Basis (not seasonally adjusted)
    
    For August, exports of goods were revised up $0.1 billion 
and imports of goods were revised down $0.3 billion.  Goods 
carry-over in September was $0.2 billion (0.1 percent) for 
exports and $1.4 billion (0.8 percent) for imports.  For August, 
revised export carry-over was virtually zero and revised 
import carry-over was $0.2 billion (0.1 percent).

Balance of Payments Basis (seasonally adjusted)
    
    For August, exports of goods were revised up $0.1 billion 
and imports of goods were revised down $0.3 billion.  
    
    For August, both exports and imports of services were 
virtually unrevised.     
          



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 - Chained (2005) 
Dollars . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .


12
Exhibit 11
Real Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use 
Commodity Category Totals - Chained (2005) 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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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