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, November 4, 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 14-201, BEA 14-54, FT-900 (14-09)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
September 2014


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 $195.6 
billion and imports of $238.6 billion resulted in a goods and 
services deficit of $43.0 billion, up from $40.0 billion in 
August, revised. September exports were $3.0 billion less than 
August exports of $198.6 billion. September imports were 
$0.1 billion more than August imports of $238.6 billion.
    
    In September, the goods deficit increased $2.4 billion 
from August to $62.7 billion, and the services surplus 
decreased $0.6 billion from August to $19.6 billion. Exports 
of goods decreased $2.6 billion to $136.1 billion, and imports 
of goods decreased $0.1 billion to $198.7 billion. Exports of 
services decreased $0.4 billion to $59.5 billion, and imports of 
services increased $0.2 billion to $39.9 billion.
    
    The goods and services deficit increased $0.8 billion from 
September 2013 to September 2014. Exports were up $5.3 
billion, or 2.8 percent, and imports were up $6.1 billion, or 2.6 
percent.
    
Goods (Census Basis)
    
    The August to September decrease in exports of goods 
reflected decreases in industrial supplies and materials ($2.0 
billion); capital goods ($1.2 billion); consumer goods ($0.7 
billion); other goods ($0.1 billion); and automotive vehicles, 
parts, and engines ($0.1 billion). An increase occurred in 
foods, feeds, and beverages ($1.3 billion).
 

   The August to September decrease in imports of goods 
reflected decreases in industrial supplies and materials ($1.1 
billion); capital goods ($0.9 billion); and automotive vehicles, 
parts, and engines ($0.5 billion). Increases occurred in 
consumer goods ($1.9 billion); other goods ($0.3 billion); and 
foods, feeds, and beverages ($0.1 billion). 
   
   The September 2013 to September 2014 increase in 
exports of goods reflected increases in capital goods ($1.4 
billion); consumer goods ($0.9 billion); industrial supplies 
and materials ($0.8 billion); other goods ($0.8 billion); and 
automotive vehicles, parts, and engines ($0.4 billion). A 
decrease occurred in foods, feeds, and beverages ($0.2 
billion).
   
   The September 2013 to September 2014 increase in 
imports of goods reflected increases in capital goods ($3.0 
billion); consumer goods ($2.7 billion); foods, feeds, and 
beverages ($1.0 billion); other goods ($0.6 billion); and 
automotive vehicles, parts, and engines ($0.2 billion). A 
decrease occurred in industrial supplies and materials ($2.7 
billion). 
    
Services

   Exports of services decreased $0.4 billion from August to 
September. The decrease mostly reflected decreases in travel 
(for all purposes including education) ($0.3 billion), and in 
transport ($0.1 billion), which includes freight and port 
services and passenger fares. Changes in the other categories 
of services exports were relatively small and nearly offsetting.
   
   Imports of services increased $0.2 billion from August to 
September, mostly reflecting an increase in transport ($0.1 
billion). Changes in the other categories of services imports 
were relatively small.
   
   The September 2013 to September 2014 increase in 
exports of services was $1.7 billion or 2.9 percent. The largest 
increases were in travel (for all purposes including education) 
($0.8 billion), in transport ($0.5 billion), in charges for the 
use of intellectual property ($0.3 billion), and in other 
business services ($0.3 billion).  
   
   The September 2013 to September 2014 increase in 
imports of services was $1.2 billion or 3.0 percent. Increases 
in travel (for all purposes including education) ($0.7 billion), 
in transport ($0.5 billion), and in other business services ($0.4 
billion) were partly offset by a decrease in insurance services 
($0.4 billion).  
    
Goods and Services Moving Average

    For the three months ending in September, exports of 
goods and services averaged $197.4 billion, while imports of 
goods and services averaged $238.5 billion, resulting in an 
average trade deficit of $41.1 billion. For the three months 
ending in August, the average trade deficit was $40.4 billion, 
reflecting average exports of $197.6 billion and average 
imports of $238.0 billion.
    
 
Selected Not Seasonally Adjusted Goods Details
    
    The September figures show surpluses, in billions of 
dollars, with Hong Kong $3.4 ($2.8 for August), and 
Singapore $0.9 ($1.0). Deficits were recorded, in billions of 
dollars, with China $35.6 ($30.2), European Union $11.8 
($11.0), Germany $6.1 ($7.1), Japan $5.3 ($4.7), Mexico $4.8 
($4.4), Canada $3.9 ($2.5), OPEC $3.6 ($3.2), Ireland $2.5 
($2.2), South Korea $2.2 ($1.8), India $2.1 ($1.9), Saudi 
Arabia $2.0 ($1.5), and Venezuela $1.5 ($1.3).
 
    Advanced technology products exports were $28.3 billion 
in September and imports were $38.8 billion, resulting in a 
deficit of $10.5 billion. September exports were $0.6 billion 
less than the $28.9 billion in August, while September imports 
were $5.4 billion more than the $33.4 billion in August.
Revisions 

Census Basis (not seasonally adjusted)
    
    For August, exports of goods were revised down $0.2 
billion, and imports of goods were revised up $0.2 billion. 
Goods carry-over in September was $0.1 billion (0.1 percent) 
for exports and $1.8 billion (0.9 percent) for imports. For 
August, revised export carry-over was $0.1 billion, while 
revised import carry-over was $0.1 billion (0.1 percent).

Balance of Payments Basis (seasonally adjusted)
    
    For August, exports of goods were revised down $0.2 
billion, and imports of goods were revised up $0.2 billion.
    
    For August, exports of services were revised up $0.3 
billion, mainly reflecting an upward revision in travel (for all 
purposes including education). For August, imports of 
services were revised down $0.2 billion, mainly reflecting 
downward revisions in travel (for all purposes including 
education) and in transport.
    


NOTICE

Upcoming Changes to Release Text

With the release of U.S. International Trade in Goods and Services: October 2014 on December 5, 
2014, the release text will be reorganized and streamlined to improve internal consistency and 
readability. With this change, the release text will present only seasonally adjusted data.

Other changes include:

Reorganized
*	The discussion of the three-month moving average trade balance and the associated graph will 
	appear on the first page of the release. 
*	The discussion of goods and services trade details will be integrated and presented in new 
	sections on total exports and total imports.

Added
*	Additional detail for goods on a Census basis by 5-digit end-use commodity.
*	A new section on real goods trade.
*	A new section on quarterly goods and services trade by selected countries and areas, which 
	will appear with the release of January, April, July, and October statistics.

Removed
*	Detail on revisions to not seasonally adjusted goods on a Census basis; this detail will continue 
	to be available in the Information section.
*	The discussion of advanced technology products; this information will remain available in 
	exhibits 16 and 16a.

A preview of the new structure reflecting data from U.S. International Trade in Goods and Services: 
July 2014 is available at: http://www.census.gov/foreign-trade/statistics/notices/Text-Preview.pdf


Table of Contents

Part A: Seasonally Adjusted (by Commodity/Service)

Exhibit 1 U.S. International Trade in Goods and Services 
Exhibit 2 U.S. International Trade in Goods and Services Three-Month Moving Averages 
Exhibit 3 U.S. Services by Major Category  Exports
Exhibit 4 U.S. Services by Major Category  Imports 
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 
Exhibit 8 Imports of Goods by End-Use Category and Commodity 
Exhibit 9 Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use Category Totals 
Exhibit 10Real Exports and Imports of Goods by Principal End-Use Category - Chained (2009) Dollars 
Exhibit 11Real Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use 
Commodity Category Totals - Chained (2009) Dollars  

Part B: Not Seasonally Adjusted

Exhibit 12 U.S. Trade in Goods 
Exhibit 13 Exports and Imports of Goods by Principal End-Use Category 
Exhibit 14 Exports, Imports, and Balance of Goods by Selected Countries and Areas: 2014
Exhibit 14 aExports, Imports, and Balance of Goods by Selected Countries and Areas: 2013
Exhibit 15 Exports and Imports of Goods by Principal Commodities 
Exhibit 16 Exports, Imports, and Balance of Advanced Technology Products
Exhibit 16aExports, Imports, and Balance of Advanced Technology Products by Technology Group and Selected Countries and Areas 
Exhibit 17 Imports of Energy-Related Petroleum Products, Including Crude Oil 
Exhibit 18 Exports and Imports of Motor Vehicles and Parts by Selected Countries: 2014

Part C: Seasonally Adjusted (by Geography)
Exhibit 19 U.S. Trade in Goods by Selected Countries and Areas  Census Basis
Exhibit 20 U.S. Trade in Goods and Services by Selected Countries and Areas  BOP Basis
Exhibit 20aU.S. Trade in Goods by Selected Countries and Areas  BOP Basis
Exhibit 20bU.S. Trade in Services by Selected Countries and Areas

Information on Goods and Services A-1

        





















