Foreign Trade

Top Ten Countries with which the U.S. has a Trade Deficit

For the month of July 2004

                                                   Year To Date
                                   Deficit in       Deficit in
                                    Millions         Millions
 Country Name                       of U.S. $        of U.S. $

 China                             -14,900.51       -83,400.26
 Japan                              -6,441.35       -42,661.33
 Canada                             -5,893.69       -38,294.66
 Federal Republic of Germany        -4,269.52       -26,007.54
 Mexico                             -3,534.73       -25,821.85
 Italy                              -1,759.46        -9,954.74
 Korea, South                       -1,673.12       -10,669.09
 Venezuela                          -1,591.35       -11,254.84
 Malaysia                           -1,528.88        -9,061.12
 Ireland                            -1,518.86       -11,978.50