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, MARCH 7, 2013

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



CB13-44, BEA13-08, FT-900 (13-1)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
January 2013


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 January exports of $184.5 billion 
and imports of $228.9 billion resulted in a goods and services 
deficit of $44.4 billion, up from $38.1 billion in December, 
revised.  January exports were $2.2 billion less than December 
exports of $186.6 billion.  January imports were $4.1 billion 
more than December imports of $224.8 billion.
    
    In January, the goods deficit increased $5.7 billion from 
December to $61.8 billion, and the services surplus decreased 
$0.6 billion from December to $17.3 billion.  Exports of goods 
decreased $2.0 billion to $130.8 billion, and imports of goods 
increased $3.6 billion to $192.5 billion.  Exports of services 
decreased $0.1 billion to $53.7 billion, and imports of services 
increased $0.5 billion to $36.4 billion.
    
    The goods and services deficit decreased $7.8 billion 
from January 2012 to January 2013.  Exports were up $5.8 
billion, or 3.3 percent, and imports were down $2.0 billion, or 
0.9 percent.
    
Goods (Census Basis)
    
    The December to January decrease in exports of goods 
reflected decreases in industrial supplies and materials ($2.6 
billion) and other goods ($1.0 billion).  Increases occurred in 
capital goods ($0.7 billion); foods, feeds, and beverages ($0.4 
billion); consumer goods ($0.3 billion); and automotive 
vehicles, parts, and engines ($0.2 billion).
      
   The December to January increase in imports of goods 
reflected increases in industrial supplies and materials ($4.0 
billion); other goods ($0.7 billion); and capital goods ($0.5 
billion).  Decreases occurred in consumer goods ($0.9 billion) 
and automotive vehicles, parts, and engines ($0.7 billion). 
Foods, feeds, and beverages were virtually unchanged.
   
   The January 2012 to January 2013 increase in exports of 
goods reflected increases in foods, feeds, and beverages ($1.2 
billion); capital goods ($1.1 billion); consumer goods ($1.0 
billion); and other goods ($0.3 billion).  Decreases occurred in 
industrial supplies and materials ($0.3 billion) and automotive 
vehicles, parts, and engines ($0.3 billion).
   
   The January 2012 to January 2013 decrease in imports of 
goods reflected decreases in industrial supplies and materials 
($4.2 billion); automotive vehicles, parts, and engines ($0.3 
billion); and foods, feeds, and beverages ($0.2 billion).  
Increases occurred in consumer goods ($1.4 billion); capital 
goods ($1.3 billion); and other goods ($0.3 billion).
    
Services

    Exports of services decreased $0.1 billion from December 
to January.  Decreases in other transportation ($0.2 billion), 
which includes freight and port services, and travel ($0.2 
billion), were partly offset by increases in other private 
services ($0.2 billion) which includes items such as business, 
professional, and technical services, insurance services, and 
financial services, and passenger fares ($0.1 billion).  Changes 
in the other categories of services exports were relatively 
small.
    
	Imports of services increased $0.5 billion from December 
to January.  The increase reflected increases in travel ($0.2 
billion), other transportation ($0.1 billion), passenger fares 
($0.1 billion), and other private services ($0.1 billion).  
Changes in the other categories of services imports were 
relatively small.
				
	The January 2012 to January 2013 increase in exports of 
services was $2.8 billion or 5.5 percent.  The largest increases 
were in other private services ($1.1 billion) and travel ($1.0 
billion).  Within other private services, the largest increase 
was in financial services.

	The January 2012 to January 2013 increase in imports of 
services was $0.1 billion or 0.3 percent.  Increases in other 
private services ($0.2 billion), other transportation ($0.1 
billion), and passenger fares ($0.1 billion) were partly offset 
by a decrease in direct defense expenditures ($0.2 billion).  
Within other private services, the largest increase was in 
financial services.  
    
Goods and Services Moving Average

    For the three months ending in January, exports of goods 
and services averaged $184.5 billion, while imports of goods 
and services averaged $228.1 billion, resulting in an average 
trade deficit of $43.6 billion.  For the three months ending in 
December, the average trade deficit was $42.8 billion, 
reflecting average exports of $183.1 billion and average 
imports of $226.0 billion.

Selected Not Seasonally Adjusted Goods Details
    
    The January figures show surpluses, in billions of dollars, 
with Hong Kong $2.7 ($4.0 for December), Australia $1.2 
($1.7), Singapore $0.7 ($1.1), and Brazil $0.9 ($1.3).  Deficits 
were recorded, in billions of dollars, with China $27.8 ($24.5), 
European Union $8.6 ($8.7), OPEC $6.4 ($3.4), Japan $6.1 
($5.7), Canada $4.9 ($3.6), Germany $4.2 ($5.4), Mexico $3.6 
($3.9), Korea $2.1 ($1.1), Venezuela $2.0 ($1.3), Ireland $1.9 
($1.5), Saudi Arabia $1.9 ($1.7), and India $1.5 ($0.5).  
    
    Advanced technology products exports were $24.0 billion 
in January and imports were $31.2 billion, resulting in a 
deficit of $7.1 billion.  January exports were $3.6 billion less 
than the $27.6 billion in December, while January imports 
were $1.8 billion less than the $32.9 billion in December.
    
Revisions 
    
    For all months of 2012, the seasonally adjusted goods 
data, on both a census basis and a balance of payments basis, 
and the seasonally adjusted services data were revised to align 
the seasonally adjusted months with the annual totals.
        
Census Basis (not seasonally adjusted)
    
    For December, exports of goods were revised up $0.1 
billion and imports of goods were revised up $0.1.  Goods 
carry-over in January was $0.3 billion (0.2 percent) for exports 
and $1.2 billion (0.6 percent) for imports.  For December, 
revised export carry-over was virtually zero and revised 
import carry-over was $0.3 billion (0.1 percent).

Balance of Payments Basis (seasonally adjusted)
    
    For July through December 2012, exports and imports of 
goods and services were revised to incorporate more 
comprehensive and updated quarterly and monthly data.
    
    For December, exports of goods were revised up $0.3 and 
imports of goods were revised up $0.1 billion.
    
    For December, exports of services were virtually 
unrevised as upward revisions in travel, transfers under U.S. 
military sales contracts, and royalties and license fees were 
largely offset by a downward revision in other private 
services.  For December, imports of services were revised 
down $0.3 billion as downward revisions in royalties and 
license fees, direct defense expenditures, and other private 
services were partly offset by upward revisions in travel and 
other transportation.
    

NOTICE

Changes to Exhibit 15

Effective with this release, Exhibit 15 has been modified to incorporate the following changes in commodity 
groupings and definitions:

*	The Manufactured Goods total is based on the North American Industry Classification System 
(NAICS).
*	The selected commodities are based on the 1- and 2-digit Standard International Trade Classification 
(SITC) codes.

These changes reflect a more comprehensive and cohesive listing of commodities.  There are also minor 
modifications to the general structure of the exhibit.  Historical data for January 2010 to December 2012 are 
available at www.census.gov/foreign-trade/statistics/notices/20121211_exh15.html.

Upcoming Revisions to Goods and Services

On June 4, 2013, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis (BEA) will release U.S. 
International Trade in Goods and Services: April 2013 and U.S. International Trade in Goods and Services: 
Annual Revision for 2012.  With these releases, statistics on U.S. trade in goods and services will be revised to 
reflect newly available and more complete source data, changes in classifications, and improved methodologies.  
The revisions will affect statistics for January 1999 to March 2013 for both exports and imports.  The revised 
statistics will also be reflected in U.S. International Transactions: First Quarter 2013 and in the annual 
revision of the U.S. international transactions accounts , both to be released by BEA on June 14, 2013.

Revisions to exports and imports of goods on a Census basis will reflect a change in the Census Bureaus 
revision policy to apply corrections and adjustments to the not seasonally adjusted data for the prior three years 
(2010-2012), as well as recalculated seasonal and trading-day adjustments for January 2010 to March 2013.  As 
a result of these changes, Exhibits 6, 7, 13, 14, 15, 15a, 16, and 17 in the U.S. International Trade in Goods 
and Services: Annual Revision for 2012 release will be expanded to present three years of revised statistics.  
More information on changes to the revision policy and sample files of the modified exhibits are available at 
www.census.gov/foreign-trade/statistics/notices/20121211_RevisionPolicy.html.

In addition to revised statistics on goods on a Census basis, revisions to exports and imports of goods on a 
balance of payments (BOP) basis will reflect revised BOP adjustments  adjustments that BEA applies to goods 
on a Census basis to convert them to a BOP basis.  The adjustments will be revised beginning with January 
2007 for exports and with January 1999 for imports.  For more information on BOP adjustments, see the 
information section that begins on page A-1 of this release.

Revisions to exports and imports of services, which will be revised beginning with January 1999, will reflect a 
combination of newly available and more complete source data, changes in classifications, and improved 
methodologies.

Changes to the Real (Chained) Dollar Series

With the releases in June (see above), the base year for the chained-dollar series will be changed to 2009 from 
2005 to base the time series on prices from a more recent year.  Historical data for January 1994 to April 2013 
will be available at www.census.gov/foreign-trade/statistics/historical/ at the time of release.

If you have any questions or need additional information, please contact the Data Dissemination Branch of the 
U.S. Census Bureaus Foreign Trade Division on (800) 549-0595, option 4, or 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 - 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 14a
Exports, Imports, and Balance of Goods by Selected Countries and Areas- 17

Exhibit 15
Exports and Imports of Goods by Principal 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


   





