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, FEBRUARY 6, 2014

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:  
Jeffrey Bogen
202-606-9592

Media:       
Jeannine Aversa
202-606-2649



CB 14-19, BEA 14-05, FT-900 (13-12)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
December 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 December exports of $191.3 billion 
and imports of $230.0 billion resulted in a goods and services 
deficit of $38.7 billion, up from $34.6 billion in November, 
revised. December exports were $3.5 billion less than 
November exports of $194.8 billion. December imports were 
$0.6 billion more than November imports of $229.4 billion.
    
    In December, the goods deficit increased $4.6 billion 
from November to $58.8 billion, and the services surplus 
increased $0.4 billion from November to $20.1 billion. 
Exports of goods decreased $4.3 billion to $132.8 billion, and 
imports of goods increased $0.3 billion to $191.6 billion. 
Exports of services increased $0.8 billion to $58.5 billion, and 
imports of services increased $0.3 billion to $38.4 billion.
    
    The goods and services deficit increased $0.4 billion from 
December 2012 to December 2013. Exports were up $2.6 
billion, or 1.4 percent, and imports were up $3.0 billion, or 1.3 
percent.
    
Goods (Census Basis)
    
    The November to December decrease in exports of goods 
reflected decreases in industrial supplies and materials ($1.1 
billion); capital goods ($1.1 billion); other goods ($0.9 
billion); automotive vehicles, parts, and engines ($0.8 billion); 
and consumer goods ($0.7 billion). An increase occurred in 
foods, feeds, and beverages ($0.4 billion). 
 

   The November to December increase in imports of goods 
reflected increases in consumer goods ($0.7 billion), industrial 
supplies and materials ($0.5 billion), and other goods ($0.3 
billion).  Decreases occurred in automotive vehicles, parts, 
and engines ($0.9 billion); capital goods ($0.3 billion); and 
foods, feeds, and beverages ($0.1 billion).
   
   The December 2012 to December 2013 increase in exports 
of goods reflected increases in foods, feeds, and beverages 
($1.8 billion); capital goods ($0.4 billion); automotive 
vehicles, parts, and engines ($0.2 billion); and consumer 
goods ($0.1 billion).  Decreases occurred in industrial supplies 
and materials ($1.5 billion) and other goods ($0.9 billion). 
   
   
   
   
   The December 2012 to December 2013 increase in 
imports of goods reflected increases in capital goods ($1.7 
billion); automotive vehicles, parts, and engines ($1.3 billion); 
consumer goods ($1.0 billion); other goods ($0.3 billion); and 
foods, feeds, and beverages ($0.2 billion). A decrease 
occurred in industrial supplies and materials ($2.9 billion).
    
Services

    Exports of services increased $0.8 billion from November 
to December. The increase was accounted for by increases in 
travel ($0.5 billion), in passenger fares ($0.2 billion), and in 
other transportation ($0.1 billion), which includes freight and 
port services. Changes in the other categories of services 
exports were relatively small and offsetting.
    
    Imports of services increased $0.3 billion from November 
to December. Increases in travel ($0.3 billion) and in 
passenger fares ($0.2 billion) were partly offset by a decrease 
in other transportation ($0.2 billion). Changes in the other 
categories of services imports were relatively small and 
mostly offsetting.
				
	The December 2012 to December 2013 increase in exports 
of services was $2.5 billion or 4.5 percent. The largest 
increases were in travel ($1.3 billion), in royalties and license 
fees ($0.6 billion), and in passenger fares ($0.4 billion).

	The December 2012 to December 2013 increase in 
imports of services was $1.3 billion or 3.5 percent. The largest 
increases were in travel ($0.7 billion), in passenger fares ($0.6 
billion), and in other transportation ($0.2 billion). The largest 
decrease was in direct defense expenditures ($0.2 billion).
    
Goods and Services Moving Average

    For the three months ending in December, exports of 
goods and services averaged $193.1 billion, while imports of 
goods and services averaged $230.6 billion, resulting in an 
average trade deficit of $37.4 billion. For the three months 
ending in November, the average trade deficit was $38.8 
billion, reflecting average exports of $192.5 billion and 
average imports of $231.3 billion.
 

Selected Not Seasonally Adjusted Goods Details
    
	The December figures show surpluses, in billions of 
dollars, with Hong Kong $3.3 ($2.9 for November), Australia 
$1.6 ($1.2), Brazil $1.5 ($1.1), and Singapore $1.2 ($1.2). 
Deficits were recorded, in billions of dollars, with China $24.5 
($26.9), European Union $11.3 ($10.1), Japan $6.0 ($5.8), 
Germany $5.9 ($5.9), Mexico $4.2 ($4.1), OPEC $4.0 ($4.8), 
Canada $3.4 ($1.5), Saudi Arabia $2.8 ($2.9), Ireland $1.8 
($1.8), Venezuela $1.6 ($1.5), India $1.5 ($1.0), and Korea 
$0.8 ($1.2).



    Advanced technology products exports were $28.2 billion 
in December and imports were $34.2 billion, resulting in a 
deficit of $6.0 billion. December exports were $0.2 billion 
more than the $28.0 billion in November, while December 
imports were $3.1 billion less than the $37.3 billion in 
November.
    
Revisions 

    In addition to revisions to source data for the November 
statistics, the seasonally adjusted goods data were revised for 
January through November so that the total of the seasonally 
adjusted months equals the annual totals.

Census Basis (not seasonally adjusted)
    
    For November, exports of goods were revised down $0.2 
billion and imports of goods were revised up $0.3 billion. 
Goods carry-over in December was $0.1 billion (0.1 percent) 
for exports and $1.8 billion (1.0 percent) for imports. For 
November, revised export carry-over was virtually zero, while 
revised import carry-over was $0.1 billion (0.1 percent).

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


Annual Summary for 2013

Goods and Services

   For 2013, exports of $2,272.3 billion and imports of 
$2,743.9 billion resulted in a goods and services deficit of 
$471.5 billion, $63.1 billion less than the 2012 deficit of 
$534.7 billion.  For goods, exports were $1,590.4 billion and 
imports were $2,293.5 billion, resulting in a goods deficit of 
$703.2 billion, $38.3 billion less than the 2012 deficit of 
$741.5 billion.  For services, exports were $682.0 billion and 
imports were $450.3 billion, resulting in a services surplus of 
$231.6 billion, $24.8 billion more than the 2012 surplus of 
$206.8 billion.
   
   As a percentage of U.S. gross domestic product, the goods 
and services deficit was 2.8 percent in 2013, down from 3.3 
percent in 2012.
   
Goods (Census basis)
   
   For 2013, exports of goods were up $33.2 billion from 
2012. Increases occurred in industrial supplies and materials 
($7.1 billion); consumer goods ($6.8 billion); capital goods 
($6.7 billion); automotive vehicles, parts, and engines ($6.0 
billion); other goods ($3.4 billion); and foods, feeds, and 
beverages ($3.2 billion).
   
   For 2013, imports of goods were down $7.8 billion from 
2012. A decrease occurred in industrial supplies and materials 
($49.0 billion). Increases occurred in consumer goods ($16.8 
billion); automotive vehicles, parts, and engines ($11.0 
billion); capital goods ($5.2 billion); foods, feeds, and 
beverages ($4.9 billion); and other goods ($3.2 billion). 
 
Services

    For 2013, exports of services were $682.0 billion, up 
$32.6 billion, or 5.0 percent, from 2012.  Increases occurred in 
travel ($13.3 billion), in other private services ($9.4 billion), 
which includes items such as business, professional, and 
technical services, insurance services, and financial services, 
in royalties and license fees ($5.5 billion), in passenger fares 
($1.8 billion), in other transportation ($1.3 billion), which 
includes freight and port services, in transfers under U.S. 
military sales contracts ($1.1 billion), and in U.S. government 
miscellaneous services ($0.2 billion).  Within other private 
services, the largest increase was in financial services.
 
    
    For 2013, imports of services were $450.3 billion, up $7.8 
billion, or 1.8 percent, from 2012.  Increases occurred in other 
transportation ($3.4 billion), in travel ($2.8 billion), in 
passenger fares ($2.8 billion), and in royalties and license fees 
($1.8 billion). Decreases occurred in direct defense 
expenditures ($2.6 billion), in U.S. government miscellaneous 
services ($0.4 billion), and in other private services ($0.1 
billion).  Within other private services, the largest decrease 
was in insurance services.  
    
    For detailed descriptions of the types of transactions 
included in each of the services categories, see Information 
on Goods and Services starting on page A-1 of this release.
    

    


NOTICE

Seasonally Adjusted Countries and Areas
With the release of January 2014 statistics on March 7, 2014, the U.S. International Trade in Goods and 
Services report (FT-900) will include a new exhibit containing monthly and quarterly seasonally adjusted trade 
in goods on a Census basis for selected major trading partner countries and areas.  An example of the new exhibit 
is available at http://www.census.gov/foreign-trade/statistics/notices/20130412_countryseasonals.html.

With the release of April 2014 statistics on June 4, 2014, the FT-900 will include an additional new exhibit that 
presents quarterly seasonally adjusted trade in goods and services on a balance of payments basis for the same 
countries and areas. An example of this exhibit will be made available at a later date.

If you have questions or need additional information, please contact the Data Dissemination Branch of the U.S. 
Census Bureaus Foreign Trade Division on (301) 763-2311 or at ftd.data.dissemination@census.gov.
Entry of Latvia into the Euro Area
Beginning with the January 2014 statistics scheduled for release on March 7, 2014, the Euro Area will be 
expanded to reflect the entry of Latvia on January 1, 2014.  This change will affect Exhibit 14 of the FT-900 and 
Exhibit 6 of the FT-900 Supplement.



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 (2009) 
Dollars 


12
Exhibit 11
Real Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use 
Commodity Category Totals - Chained (2009) 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








