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 THURSDAY, MAY 2, 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:  Thomas Dail or Jeannine Aversa  202-606-2649

CB 13-66, BEA 13-20, FT-900 (13-3)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
March 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 March exports of $184.3 billion 
and imports of $223.1 billion resulted in a goods and services 
deficit of $38.8 billion, down from $43.6 billion in February, 
revised. March exports were $1.7 billion less than February 
exports of $186.0 billion. March imports were $6.5 billion less 
than February imports of $229.6 billion.
    
    In March, the goods deficit decreased $4.6 billion from 
February to $56.1 billion, and the services surplus increased 
$0.2 billion from February to $17.3 billion. Exports of goods 
decreased $1.8 billion to $130.3 billion, and imports of goods 
decreased $6.4 billion to $186.5 billion. Exports of services 
increased $0.1 billion to $53.9 billion, and imports of services 
decreased $0.1 billion to $36.6 billion.
    
    The goods and services deficit decreased $12.9 billion 
from March 2012 to March 2013. Exports were down $0.4 
billion, or 0.2 percent, and imports were down $13.3 billion, 
or 5.6 percent.
    
Goods (Census Basis)
    
    The February to March decrease in exports of goods 
reflected decreases in foods, feeds, and beverages ($1.1 
billion); automotive vehicles, parts, and engines ($0.3 billion); 
industrial supplies and materials ($0.3 billion); capital goods 
($0.3 billion); and consumer goods ($0.3 billion). An increase 
occurred in other goods ($0.2 billion). 
 
   The February to March decrease in imports of goods 
reflected decreases in consumer goods ($3.4 billion); capital 
goods ($1.5 billion); industrial supplies and materials ($1.4 
billion); and automotive vehicles, parts, and engines ($0.8 
billion). An increase occurred in other goods ($0.9 billion). 
Foods, feeds, and beverages were virtually unchanged.
   
   The March 2012 to March 2013 decrease in exports of 
goods reflected decreases in capital goods ($1.4 billion) and 
industrial supplies and materials ($1.0 billion). Increases 
occurred in foods, feeds, and beverages ($0.2 billion); 
automotive vehicles, parts, and engines ($0.2 billion); and 
other goods ($0.1 billion). Consumer goods were virtually 
unchanged.
   
   
   The March 2012 to March 2013 decrease in imports of 
goods reflected decreases in industrial supplies and materials 
($8.2 billion); capital goods ($3.1 billion); consumer goods 
($2.0 billion); and automotive vehicles, parts, and engines 
($0.2 billion). Increases occurred in foods, feeds, and 
beverages ($0.4 billion) and other goods ($0.3 billion).
    
Services

    Exports of services increased $0.1 billion from February 
to March.  The largest increase was in travel ($0.1 billion).  
Changes in the other categories of services exports were 
relatively small.
    
	Imports of services decreased $0.1 billion from February 
to March.  A decrease in other transportation ($0.3 billion), 
which includes freight and port services, was largely offset by 
increases in travel ($0.1 billion) and passenger fares ($0.1 
billion).  Changes in the other categories of services imports 
were relatively small.
				
	The March 2012 to March 2013 increase in exports of 
services was $1.2 billion or 2.3 percent.  The largest increases 
were in other private services ($0.6 billion), which includes 
items such as business, professional, and technical services, 
insurance services, and financial services, and in travel ($0.3 
billion).  Within other private services, the largest increase 
was in insurance services.

	The March 2012 to March 2013 decrease in imports of 
services was $0.3 billion or 0.8 percent.  Decreases in direct 
defense expenditures ($0.2 billion), travel ($0.2 billion), and 
royalties and license fees ($0.1 billion) were partly offset by 
an increase in other private services ($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 March, exports of goods 
and services averaged $184.9 billion, while imports of goods 
and services averaged $227.2 billion, resulting in an average 
trade deficit of $42.3 billion.  For the three months ending in 
February, the average trade deficit was $42.1 billion, 
reflecting average exports of $185.7 billion and average 
imports of $227.7 billion.
 

Selected Not Seasonally Adjusted Goods Details
    
    The March figures show surpluses, in billions of dollars, 
with Hong Kong $3.2 ($3.3 for February), Brazil $1.7 ($1.7), 
Australia $1.5 ($1.3), and Singapore $1.4 ($0.9). Deficits were  
 

    
    
    
    
    
recorded, in billions of dollars, with China $17.9 ($23.4), 
European Union $9.9 ($8.8), Japan $6.6 ($5.9), Mexico $5.3 
($4.3), Germany $5.1 ($4.5), OPEC $4.5 ($3.6), Canada $2.3 
($2.5), Ireland $2.1 ($2.2), Saudi Arabia $2.1 ($1.8), India 
$1.8 ($1.2), Korea $1.3 ($1.2), and Venezuela $1.3 ($1.1).
    
    Advanced technology products exports were $27.9 billion 
in March and imports were $31.3 billion, resulting in a deficit 
of $3.4 billion. March exports were $4.9 billion more than the 
$23.0 billion in February, while March imports were $3.4 
billion more than the $28.0 billion in February.
    
Revisions 
    
Census Basis (not seasonally adjusted)
    
    For February, exports of goods were virtually unrevised 
and imports of goods were revised up $0.5 billion. Goods 
carry-over in March was $0.1 billion (0.1 percent) for exports 
and $1.5 billion (0.8 percent) for imports.  For February, 
revised export carry-over was virtually zero and revised 
import carry-over was $0.1 billion (0.1 percent).

Balance of Payments Basis (seasonally adjusted)
    
    For February, exports of goods were virtually unrevised 
and imports of goods were revised up $0.5 billion.
    
    For February, exports of services were virtually 
unrevised, and imports of services were revised up $0.2 
billion, reflecting upward revisions in travel and passenger 
fares.


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 
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.


























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 






