U.S. Census Bureau
U.S. Bureau of Economic Analysis
		NEWS
U.S. Department of Commerce * Washington, DC 20230

FOR IMMEDIATE RELEASE AT 8:30 A.M. EDT, TUESDAY, MAY 5, 2015

For information on goods contact:
For information on services contact:
U.S. Census Bureau
U.S. Bureau of Economic Analysis
Matthew Przybocki 301-763-3148
Maria Iseman 301-763-2311

Technical: Jeffrey Bogen 202-606-9592

Media: Jeannine Aversa 202-606-2649




U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
March 2015



The U.S. Census Bureau and the U.S. Bureau of Economic 
Analysis, through the Department of Commerce, announced 
today that the goods and services deficit was $51.4 billion in 
March, up $15.5 billion from $35.9 billion in February, 
revised. March exports were $187.8 billion, $1.6 billion more 
than February exports. March imports were $239.2 billion, 
$17.1 billion more than February imports.

The March increase in the goods and services deficit reflected 
an increase in the goods deficit of $14.9 billion to $70.6 
billion and a decrease in the services surplus of $0.6 billion to 
$19.2 billion.

Year-to-date, the goods and services deficit increased $6.4 
billion, or 5.2 percent, from the same period in 2014. Exports 
decreased $11.7 billion or 2.0 percent. Imports decreased 
$5.3 billion or 0.8 percent.
Goods and Services Three-Month Moving Averages 
(Exhibit 2)
The average goods and services deficit increased $1.9 billion 
to $43.3 billion for the three months ending in March.
*	Average exports of goods and services decreased $2.4 
billion to $187.8 billion in March.
*	Average imports of goods and services decreased $0.5 
billion to $231.1 billion in March.

Year-over-year, the average goods and services deficit 
increased $2.1 billion from the three months ending in March 
2014.
*		Average exports of goods and services decreased $3.9 
billion from March 2014.
*	Average imports of goods and services decreased $1.8 
billion from March 2014.

    



  
Exports (Exhibits 3, 6, and 7)

Exports of goods increased $1.5 billion to $127.1 billion in 
March.
Exports of goods on a Census basis increased $1.3 billion. 
*	Capital goods increased $1.5 billion.
o	Civilian aircraft increased $0.5 billion.
o	Civilian aircraft engines increased $0.2 billion.
o	Electric apparatus increased $0.2 billion.
Net balance of payments adjustments increased $0.2 
billion.

Exports of services increased $0.2 billion to $60.8 billion in 
March. 
*	Transport, which includes freight and port services 
and passenger fares, increased $0.1 billion.
*	Travel (for all purposes including education) 
decreased $0.1 billion.
  


Imports (Exhibits 4, 6, and 8)

Imports of goods increased $16.4 billion to $197.6 billion in 
March.
Imports of goods on a Census basis increased $16.4 
billion. 
*	Consumer goods increased $9.0 billion.
o	Cell phones and other household goods increased 
$1.7 billion.
o	Other textile apparel and household goods 
increased $1.3 billion.
o	Furniture, household goods, etc. increased $1.0 
billion.
*	Capital goods increased $4.0 billion. 
*	Automotive vehicles, parts, and engines increased 
$2.7 billion.
Net balance of payments adjustments decreased $0.1 
billion.

Imports of services increased $0.8 billion to $41.6 billion in 
March. 
*	Transport increased $0.6 billion.
*	Travel (for all purposes including education) 
increased $0.1 billion.


 


Real Goods in 2009 Dollars  Census Basis (Exhibit 11)

The real goods deficit increased $16.0 billion to $67.2 billion 
in March.
*	Real exports of goods increased $1.3 billion to $118.8 
billion.
*	Real imports of goods increased $17.3 billion to $186.0 
billion.


Revisions

Revisions to February exports
*	Exports of goods were revised downward less than $0.1 
billion.
*	Exports of services were revised downward less than $0.1 
billion.

Revisions to February imports
*	Imports of goods were revised upward $0.5 billion.
*	Imports of services were revised downward $0.1 billion.


 


*	
Goods by Selected Countries and Areas: 
Monthly  Census Basis (Exhibit 19)

The March figures show surpluses, in billions of dollars, with 
South and Central America ($2.9), OPEC ($0.7), and Brazil 
($0.4). Deficits were recorded, in billions of dollars, with 
China ($37.8), European Union ($11.0), Japan ($6.3), 
Germany ($5.6), Mexico ($4.8), South Korea ($2.6), Italy 
($2.1), India ($2.0), France ($1.5), Canada ($1.4), United 
Kingdom ($0.2), and Saudi Arabia ($0.1).

*	The deficit with China increased $10.5 billion to $37.8 
billion in March. Exports increased $0.4 billion to $9.3 
billion and imports increased $10.9 billion to $47.1 
billion. 
*	The deficit with Japan increased $2.0 billion to $6.3 
billion in March. Exports increased $0.2 billion to $5.6 
billion and imports increased $2.2 billion to $11.9 billion.







NOTICE
New U.S. Bureau of Economic Analysis International Trade and Investment Country Factsheets
On May 4, 2015, the U.S. Bureau of Economic Analysis (BEA) released a new data application on its Web site. 
The International Trade and Investment Country Facts application provides information on U.S. trade in goods 
and services, direct investment, and the activities of multinational enterprises for individual countries and 
country groupings. Users select a country from an interactive world map or a searchable menu. The application 
generates a country factsheet with graphs and tables showing the latest data on U.S. trade and investment with 
that country. The factsheet can be downloaded or printed in PDF format. The application also generates data 
tables containing more detailed statistics that can be downloaded in Excel format.
The application can be accessed from www.bea.gov/international/factsheet. If you have questions, please contact 
BEAs Balance of Payments Division at InternationalAccounts@bea.gov.
New U.S. Census Bureau Report on U.S. International Trade in Goods
On July 30, 2015, at 8:30 a.m., the U.S. Census Bureau will introduce a new release, Advance Report: U.S. 
International Trade in Goods. This report will:
*	Be released monthly, 4-7 business days in advance of the U.S. International Trade in Goods and 
Services report (FT-900).
*	Present advance statistics for the reference month. For example, the July 30 release will feature advance 
statistics for June 2015.
*	Contain statistics for international trade in goods on a Census basis by principal end-use category.
*	Include both seasonally adjusted and not seasonally adjusted statistics.
*	Not include statistics for trade in goods on a balance of payments basis or statistics for trade in services, 
both of which will continue to be featured in the FT-900.
*	Be available at www.census.gov/trade.
In accordance with Section 7 of the Office of Management and Budgets (OMB) Statistical Policy Directive No. 
3, OMB granted the Census Bureau an exception to the previously approved schedule for the release of the FT-
900. OMB granted the exception for the sole purpose of publicly releasing advance monthly statistics on trade in 
goods.
The new report will present two sets of statistics: Advance statistics, which reflect partial coverage, and 
Final statistics, which reflect complete coverage and correspond to the most recently published statistics in 
Exhibits 6 and 13 of the FT-900. Sample exhibits of the new report are available at www.census.gov/foreign-
trade/statistics/notices/20150405_advrelease.html.
The release schedule for this report through December 2015 is as follows:
       Statistical Month	Date		Day
       June			07-30-15	Thu
       July			08-28-15	Fri
       August			09-29-15	Tue
       September		10-28-15	Wed
       October			11-24-15	Tue
       November		12-29-15	Tue	
If you have questions, please contact the Census Bureau, Economic Indicators Division, on (800) 549-0595, 
option 4, on (301) 763-2311, or at eid.international.trade.data@census.gov.

Upcoming Revisions to Goods and Services
On June 3, 2015, 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 2015 and U.S. International Trade in Goods and Services: 
Annual Revision for 2014. With these releases, statistics on trade in goods, on both a Census basis and a 
balance of payments (BOP) basis, will be revised beginning with 2012, and statistics on trade in services will be 
revised beginning with 1999. The revised statistics for goods on a BOP basis and for services will also be 
included in the report U.S. International Transactions: First Quarter 2015 and Annual Revisions and in the 
annual revision of the U.S. International Transactions Accounts (ITAs), both to be released by BEA on June 18, 
2015.
Goods

Revised statistics on trade in goods will reflect 1) corrections and adjustments to previously published not-
seasonally-adjusted statistics for goods on a Census basis, 2) recalculated seasonal and trading-day adjustments, 
and 3) newly available and revised source data on BOP adjustments, which are adjustments that BEA applies to 
goods on a Census basis to convert them to a BOP basis. BOP adjustments are presented as net adjustments in 
this release.
Services
Revised statistics on trade in services beginning with 1999 will reflect the reclassification of repairs related to 
Foreign Military Sales from exports of government goods and services n.i.e. (not included elsewhere) to exports 
of maintenance and repair services n.i.e. This reclassification will result in more accurate international account 
statistics and will bring BEAs statistics into closer alignment with international guidelines, which recommend 
that services supplied by and to governments be classified to a specific services category where possible.

Revised statistics on trade in services beginning with 2012 will also reflect 1) newly available and revised source 
data primarily from BEAs surveys of international services transactions, 2) revised seasonal adjustments, and 3) 
revised interpolations of quarterly source data to monthly statistics (see the information section on page A-4 of 
this release).

A preview of BEAs 2015 annual revision of the ITAs was published in the April 2015 Survey of Current 
Business. If you have questions, please contact BEAs Balance of Payments Division at 
InternationalAccounts@bea.gov.














To learn more about the FT-900 and other economic indicators the Census Bureau publishes, join the Economic 
Indicators Division for the Investigating Economic Indicators Webinar series. For more information, visit 
www.census.gov/econ/webinar.



Table of Contents
Part A: Seasonally Adjusted (by Commodity/Service)
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. Exports of Services by Major Category
3
Exhibit 4
U.S. Imports of Services by Major Category 
4
Exhibit 5
U.S. Trade in Goods 
5
Exhibit 6
U.S. Trade in Goods by Principal End-Use Category 
6
Exhibit 7
U.S. Exports of Goods by End-Use Category and Commodity 
7
Exhibit 8
U.S. Imports of Goods by End-Use Category and Commodity 
9
Exhibit 9
U.S. Trade in Petroleum and Non-Petroleum Products by End-Use 
11
Exhibit 10
Real U.S. Trade in Goods by Principal End-Use Category  Chained (2009) Dollars 

12
Exhibit 11
Real U.S. Trade in Petroleum and Non-Petroleum Products by End-Use  Chained (2009) 
Dollars  
13
Part B: Not Seasonally Adjusted
Exhibit 12
U.S. Trade in Goods 
14
Exhibit 13
U.S. Trade in Goods by Principal End-Use Category 
15
Exhibit 14
U.S. Trade in Goods by Selected Countries and Areas: 2015
16
Exhibit 14a
U.S. Trade in Goods by Selected Countries and Areas: 2014
17
Exhibit 15
U.S. Trade in Goods by Principal Commodities 
18
Exhibit 16
U.S. Trade in Advanced Technology Products
20
Exhibit 16a
U.S. Trade in Advanced Technology Products by Technology
Group and Selected Countries and Areas 

21
Exhibit 17
U.S. Imports of Energy-Related Petroleum Products, Including Crude Oil 
22
Exhibit 17a
U.S. Imports of Crude Oil by Selected Countries
23
Exhibit 18
U.S. Trade in Motor Vehicles and Parts by Selected Countries: 2015
24
Part C: Seasonally Adjusted (by Geography)
Exhibit 19
U.S. Trade in Goods by Selected Countries and Areas  Census Basis
25
Exhibit 20
U.S. Trade in Goods and Services by Selected Countries and Areas  BOP Basis
26
Exhibit 20a
U.S. Trade in Goods by Selected Countries and Areas  BOP Basis
27
Exhibit 20b
U.S. Trade in Services by Selected Countries and Areas
  28
Information on Goods and Services 
A-1
*	

   
3



CB 15-76 | BEA 15-20 | FT-900 (15-03)
NOTE: All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not 
seasonally adjusted statistics and details for goods on a Census basis, are available in Exhibits 1-20b of this release. For information on data sources, definitions, and 
scheduled release dates through December 2015, see the information section on page A-1 of this release. The next release is June 3, 2015.

NOTE: For definitions of goods on a balance of payments basis, goods on a Census basis, and net balance of payments adjustments, see the information 
section on page A-1 of this release.




(cont.)




