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, THURSDAY, SEPTEMBER 3, 2015

For information on goods contact:
For information on services contact:

U.S. Census Bureau
Matthew Przybocki
301-763-3148
Maria Iseman
301-763-2311
U.S. Bureau of Economic Analysis
Technical: 
Jeffrey Bogen
202-606-9592
Media:      
Jeannine Aversa
202-606-2649




U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
July 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 
July, down $3.3 billion from $45.2 billion in June, revised. 
July exports were $188.5 billion, $0.8 billion more than June 
exports. July imports were $230.4 billion, $2.5 billion less 
than June imports.

The July decrease in the goods and services deficit reflected a 
decrease in the goods deficit of $3.4 billion to $61.4 billion 
and a decrease in the services surplus of less than $0.1 billion 
to $19.6 billion.

Year-to-date, the goods and services deficit increased $10.6 
billion, or 3.6 percent, from the same period in 2014. Exports 
decreased $47.0 billion or 3.5 percent. Imports decreased 
$36.4 billion or 2.2 percent.
Goods and Services Three-Month Moving Averages 
(Exhibit 2)
The average goods and services deficit decreased $0.1 billion 
to $43.2 billion for the three months ending in July.
*	Average exports of goods and services decreased $0.2 
billion to $188.0 billion in July.
*	Average imports of goods and services decreased $0.3 
billion to $231.2 billion in July.

Year-over-year, the average goods and services deficit 
increased $1.3 billion from the three months ending in July 
2014.
*		Average exports of goods and services decreased $8.6 
billion from July 2014.
*	Average imports of goods and services decreased $7.3 
billion from July 2014.
 

 
 

Exports (Exhibits 3, 6, and 7)

Exports of goods increased $0.6 billion to $128.2 billion in 
July.
Exports of goods on a Census basis increased $1.0 billion. 
*	Automotive vehicles, parts, and engines increased 
$0.6 billion.
*	Industrial supplies and materials increased $0.3 
billion.
o	Nonmonetary gold increased $0.3 billion.
*	Consumer goods decreased $0.4 billion.
Net balance of payments adjustments decreased $0.4 
billion.

Exports of services increased $0.2 billion to $60.3 billion in 
July.
*	Financial services increased $0.1 billion.
*	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 $2.7 billion to $189.6 billion in 
July.
Imports of goods on a Census basis decreased $2.1 billion. 
*	Consumer goods decreased $2.6 billion.
o	Pharmaceutical preparations decreased $1.5 
billion.
o	Cell phones and other household goods decreased 
$1.3 billion
Net balance of payments adjustments decreased $0.6 
billion.


Imports of services increased $0.2 billion to $40.8 billion in 
July. 
*	Travel (for all purposes including education) 
increased $0.1 billion.
*	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 decreased $2.8 billion to $56.2 billion 
in July.
*	Real exports of goods increased $1.1 billion to $120.7 
billion.
*	Real imports of goods decreased $1.7 billion to $176.9 
billion.


Revisions

Exports and imports of goods and services were revised for 
January through June 2015 to incorporate more 
comprehensive and updated quarterly and monthly data and a 
temporary balance of payments adjustment for low-value 
imports (see Notice).

Revisions to June exports
*	Exports of goods were revised downward less than $0.1 
billion.
*	Exports of services were revised downward $0.9 billion.

Revisions to June imports
*	Imports of goods were revised upward $1.3 billion.
*	Imports of services were revised downward $0.8 billion.


 


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

The July figures show surpluses, in billions of dollars, with 
South and Central America ($2.6), OPEC ($0.7), United 
Kingdom ($0.3), and Brazil ($0.2).  Deficits were recorded, 
in billions of dollars, with China ($28.8), European Union 
($12.4), Germany ($6.0), Japan ($5.4), Mexico ($3.8), Italy 
($2.3), South Korea ($2.2), Canada ($2.1), India ($2.0), 
France ($1.1), and Saudi Arabia ($0.5).

*	The deficit with Mexico decreased $1.6 billion to $3.8 
billion in July. Exports increased $0.7 billion to $20.7 
billion and imports decreased $0.9 billion to $24.5 
billion.
*	The deficit with the European Union decreased $1.4 
billion to $12.4 billion in July. Exports increased $0.5 
billion to $22.4 billion and imports decreased $1.0 billion 
to $34.8 billion.

Goods and Services by Selected Countries and Areas: 
Quarterly  Balance of Payments Basis (Exhibit 20)

The second quarter figures show surpluses, in billions of 
dollars, with South and Central America ($17.3), Brazil 
($7.3), OPEC ($6.8), Canada ($1.8), United Kingdom ($1.3), 
and Saudi Arabia ($0.8). Deficits were recorded, in billions of 
dollars, with China ($79.6), European Union ($28.5), 
Germany ($19.6), Japan ($14.2), Mexico ($13.6), Italy ($7.8), 
India ($7.2), France ($4.2), and South Korea ($4.1).

*	The deficit with China decreased $10.4 billion to $79.6 
billion in the second quarter. Exports increased $2.7 
billion to $42.5 billion and imports decreased $7.6 billion 
to $122.0 billion.

*	The deficit with South Korea decreased $1.1 billion to 
$4.1 billion in the second quarter. Exports increased $0.9 
billion to $17.1 billion and imports decreased $0.1 billion 
to $21.1 billion.




NOTICE
Improved Processing of Imports of Goods Filed in the Automated Commercial Environment
Beginning with this release, statistics for trade in goods include improved coverage of imports filed in the 
Automated Commercial Environment (ACE) that are valued below the established filing exemption level (low-
value imports). This improvement addresses increases in the number of shipments filed in ACE that resulted 
from new filing requirements. For more information, please visit www.cbp.gov/trade/automated.

With this release, estimates for low-value imports recorded in the principal commodity category other goods 
include certain shipments filed in ACE that were previously omitted.

With the release of August 2015 statistics, coverage will improve for additional commodities. Because some 
importers filing in ACE reported their shipments by individual transaction rather than summarized them by 
commodity, some transactions were previously omitted from processing and were not included in the import 
statistics. The U.S. 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 imports are prevalent. These changes will be incorporated into both the September 29, 2015 
release of the Advance Report: U.S. International Trade in Goods and the October 6, 2015 release of the U.S. 
International Trade in Goods and Services report.

The Census Bureau will revise historical statistics in June 2016 with the annual revision release. To maintain 
time-series consistency for imports of goods on a balance of payments (BOP) basis, the U.S. Bureau of 
Economic Analysis has applied temporary BOP adjustments to imports of goods on a Census basis beginning 
with January 2015 statistics. These adjustments will be removed from imports of goods on a BOP basis in June 
2016 when the Census Bureau revises historical statistics.

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 15-149 | BEA 15-41 | FT-900 (15-07)
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 October 6, 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.









