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 FRIDAY, APRIL 5, 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


CB13-61, BEA13-15, FT-900 (13-2)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
February 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 February exports of $186.0 billion 
and imports of $228.9 billion resulted in a goods and services 
deficit of $43.0 billion, down from $44.5 billion in January, 
revised. February exports were $1.6 billion more than January 
exports of $184.4 billion. February imports were $0.1 billion 
more than January imports of $228.9 billion.
    
    In February, the goods deficit decreased $1.5 billion from 
January to $60.2 billion, and the services surplus was virtually 
unchanged from January at $17.3 billion. Exports of goods 
increased $1.3 billion to $132.2 billion, and imports of goods 
decreased $0.1 billion to $192.4 billion. Exports of services 
increased $0.2 billion to $53.8 billion, and imports of services 
increased $0.2 billion to $36.5 billion.
    
    The goods and services deficit decreased $1.6 billion 
from February 2012 to February 2013. Exports were up $5.8 
billion, or 3.2 percent, and imports were up $4.2 billion, or 1.9 
percent.
    
Goods (Census Basis)
    
    The January to February increase in exports of goods 
reflected increases in industrial supplies and materials ($1.8 
billion); other goods ($0.5 billion); and automotive vehicles, 
parts, and engines ($0.2 billion). Decreases occurred in 
capital goods ($0.8 billion); consumer goods ($0.3 billion); 
and foods, feeds, and beverages ($0.1 billion).
      
 
 

   The January to February decrease in imports of goods 
reflected decreases in industrial supplies and materials ($2.6 
billion) and other goods ($0.3 billion). Increases occurred in 
automotive vehicles, parts, and engines ($1.1 billion); 
consumer goods ($0.7 billion); capital goods ($0.3 billion); 
and foods, feeds, and beverages ($0.2 billion).
   
   The February 2012 to February 2013 increase in exports 
of goods reflected increases in foods, feeds, and beverages 
($1.7 billion); industrial supplies and materials ($1.2 billion); 
other goods ($0.4 billion); consumer goods ($0.3 billion);  
automotive vehicles, parts, and engines ($0.3 billion); and 
capital goods ($0.1 billion).
   
   
   
   The February 2012 to February 2013 increase in imports 
of goods reflected increases in consumer goods ($4.9 billion); 
capital goods ($1.5 billion); foods, feeds, and beverages ($0.6 
billion); and automotive vehicles, parts, and engines ($0.2 
billion). A decrease occurred in industrial supplies and 
materials ($3.3 billion). Other goods were virtually 
unchanged.
    
Services

    Exports of services increased $0.2 billion from January to 
February.  The increase was mostly accounted for by increases 
in other transportation ($0.1 billion), which includes freight 
and port services, and travel ($0.1 billion).  Changes in the 
other categories of services exports were relatively small.
    
	Imports of services increased $0.2 billion from January to 
February.  The increase was more than accounted for by 
increases in other transportation ($0.1 billion), travel ($0.1 
billion), and passenger fares ($0.1 billion).  Changes in the 
other categories of services imports were relatively small.
				
	The February 2012 to February 2013 increase in exports 
of services was $1.8 billion or 3.5 percent.  The largest 
increases were in other private services ($0.8 billion), which 
includes items such as business, professional, and technical 
services, insurance services, and financial services, and travel 
($0.5 billion).  Within other private services, the largest 
increase was in financial services.

	The February 2012 to February 2013 increase in imports 
of services was $0.1 billion or 0.2 percent.  Increases in other 
transportation ($0.4 billion) and other private services ($0.2 
billion) were partly offset by decreases in direct defense 
expenditures ($0.2 billion) and travel ($0.2 billion).  Within 
other private services, the largest increase was in insurance 
services.  
    
Goods and Services Moving Average

    For the three months ending in February, exports of goods 
and services averaged $185.7 billion, while imports of goods 
and services averaged $227.5 billion, resulting in an average 
trade deficit of $41.9 billion.  For the three months ending in 
January, the average trade deficit was $43.6 billion, reflecting 
average exports of $184.5 billion and average imports of 
$228.1 billion.
 

Selected Not Seasonally Adjusted Goods Details
    
    The February figures show surpluses, in billions of 
dollars, with Hong Kong $3.3 ($2.7 for January), Australia 
$1.3  ($1.2),  Singapore  $0.9  ($0.7),  and  Brazil  $1.7  ($0.9). 
    
    
    
    
    
    
Deficits were recorded, in billions of dollars, with China $23.4 
($27.8), European Union $8.8 ($8.6), Japan $5.9 ($6.1), 
Germany $4.5 ($4.2), Mexico $4.3 ($3.6), OPEC $3.6 ($6.4), 
Canada $2.6 ($4.8), Ireland $2.2 ($1.9), Saudi Arabia $1.8 
($1.9), India $1.2 ($1.5), Korea $1.2 ($2.1), and Venezuela 
$1.1 ($2.0).
    
    Advanced technology products exports were $23.0 billion 
in February and imports were $28.0 billion, resulting in a 
deficit of $5.0 billion. February exports were $1.0 billion less 
than the $24.0 billion in January, while February imports were 
$3.2 billion less than the $31.2 billion in January.
    
Revisions 
    
Census Basis (not seasonally adjusted)
    
    For January, exports of goods were revised up $0.1 billion 
and imports of goods were virtually unrevised. Goods carry-
over in February was $0.2 billion (0.2 percent) for exports and 
$1.1 billion (0.6 percent) for imports.  For January, revised 
export carry-over was $0.1 billion (0.1 percent) and revised 
import carry-over was $0.3 billion (0.2 percent).

Balance of Payments Basis (seasonally adjusted)
    
    For January, exports of goods were revised up $0.1 billion 
and imports of goods were virtually unrevised.
    
    For January, exports of services were revised down $0.1 
billion, reflecting downward revisions in travel and passenger 
fares.  For January, imports of services were revised down 
$0.1 billion, reflecting a downward revision in travel.
    

NOTICE

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 estimation 
methods.  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 
http://www.census.gov/foreign-trade/statistics/notices/20130307_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 
estimation methods.

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.






















BLANK PAGE



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 - 2013

16
Exhibit 14a
Exports, Imports, and Balance of Goods by Selected Countries and Areas - 2012

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 - 2013

23
Information on Goods and Services 
A-1


   
3





