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, JULY 7, 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
Technical: 
Jeffrey Bogen
202-606-9592
Maria Iseman
301-763-2311
Media:      
Jeannine Aversa
202-606-2649




U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
May 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 $41.9 billion in 
May, up $1.2 billion from $40.7 billion in April, revised. 
May exports were $188.6 billion, $1.5 billion less than April 
exports. May imports were $230.5 billion, $0.3 billion less 
than April imports.

The May increase in the goods and services deficit reflected 
an increase in the goods deficit of $1.2 billion to $61.5 billion 
and an increase in the services surplus of less than $0.1 
billion to $19.6 billion.

Year-to-date, the goods and services deficit increased $1.1 
billion, or 0.5 percent, from the same period in 2014. Exports 
decreased $26.5 billion or 2.7 percent. Imports decreased 
$25.4 billion or 2.2 percent.
Goods and Services Three-Month Moving Averages 
(Exhibit 2)
The average goods and services deficit increased $1.5 billion 
to $44.4 billion for the three months ending in May.
*	Average exports of goods and services increased $0.6 
billion to $188.9 billion in May.
*	Average imports of goods and services increased $2.2 
billion to $233.3 billion in May.

Year-over-year, the average goods and services deficit 
increased $1.2 billion from the three months ending in May 
2014.
*		Average exports of goods and services decreased $6.8 
billion from May 2014.
*	Average imports of goods and services decreased $5.6 
billion from May 2014.
   
    


  

Exports (Exhibits 3, 6, and 7)

Exports of goods decreased $1.6 billion to $127.7 billion in 
May.
Exports of goods on a Census basis decreased $1.4 billion. 
*	Capital goods decreased $2.4 billion.
o	Civilian aircraft decreased $1.2 billion.
*	Industrial supplies and materials increased $0.8 
billion.
o	Fuel oil increased $0.5 billion.
o	Other petroleum products increased $0.5 billion.

Net balance of payments adjustments decreased $0.2 
billion.

Exports of services increased $0.1 billion to $60.9 billion in 
May.
*	Other business services, which includes research and 
development services; professional and management 
services; and technical, trade-related, and other 
services, increased $0.1 billion.
  


Imports (Exhibits 4, 6, and 8)

Imports of goods decreased $0.4 billion to $189.2 billion in 
May.
Imports of goods on a Census basis decreased $0.5 billion. 
*	Capital goods decreased $0.8 billion.
o	Drilling and oilfield equipment decreased $0.8 
billion.
*	Industrial supplies and materials decreased $0.6 
billion.
o	Crude oil decreased $0.4 billion.
o	Organic chemicals decreased $0.3 billion.

Net balance of payments adjustments increased less than 
$0.1 billion.

Imports of services increased $0.1 billion to $41.2 billion in 
May. 
*	Transport, which includes freight and port services 
and passenger fares, increased $0.1 billion.


 


Real Goods in 2009 Dollars  Census Basis (Exhibit 11)

The real goods deficit increased $1.4 billion to $58.4 billion 
in May.
*	Real exports of goods decreased $2.3 billion to $119.5 
billion.
*	Real imports of goods decreased $0.9 billion to $177.8 
billion.


Revisions

Revisions to April exports
*	Exports of goods were revised upward $0.3 billion.
*	Exports of services were revised downward $0.2 billion.

Revisions to April imports
*	Imports of goods were revised upward less than $0.1 
billion.
*	Imports of services were revised downward less than $0.1 
billion.


 


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

The May figures show surpluses, in billions of dollars, with 
South and Central America ($4.2), Brazil ($0.9), OPEC 
($0.3), and Canada ($0.2). Deficits were recorded, in billions 
of dollars, with China ($30.6), European Union ($13.4), 
Germany ($6.4), Japan ($6.4), Mexico ($4.1), Italy ($2.5), 
South Korea ($2.4), India ($2.0), France ($1.5), Saudi Arabia 
($0.4), and United Kingdom ($0.1).

*	The deficit with China increased $3.1 billion to $30.6 
billion in May. Exports decreased $0.7 billion to $9.6 
billion and imports increased $2.4 billion to $40.2 billion. 
*	The deficit with the European Union increased $1.4 
billion to $13.4 billion in May. Exports decreased $1.0 
billion to $22.6 billion and imports increased $0.4 billion 
to $36.0 billion.




NOTICE
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.







Improved Processing of Imports of Goods Filed via the Automated Commercial Environment 
With the release of August 2015 statistics on October 6, 2015, statistics on goods will include improved coverage 
of imports filed via the Automated Commercial Environment (ACE) that are valued below the established filing 
exemption level (low-value imports). 
Because some importers filing through ACE reported their shipments by individual transaction rather than 
summarized them by commodity, some transactions were omitted from processing and were not included in the 
import statistics.  The Census Bureau has improved its processes to include these individual transactions in the 
published commodity statistics; as a result, data users may see an increase in the value for any commodity in 
which lower value trade is prevalent.

For more information, please contact the Census Bureau, Economic Statistical Methods Division, International 
Trade Statistical Methods Branch, on (301) 763-3080.


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
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
*	

   


CB 15-119 | BEA 15-33 | FT-900 (15-05)
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 August 5, 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.)




