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U.S. International Trade in Goods and Services -
Annual Revision for 2000


*** NOTICE *** NOTICE *** NOTICE *** NOTICE ***

With this release, the Bureau of the Census and the Bureau of the Economic Analysis are publishing revised U.S. goods and services trade statistics.


Select:


Goods

The 2000 unadjusted Census-basis goods data were revised to eliminate "carry-over" (that portion of the monthly statistics that arrives too late for inclusion in the transaction month) and to include errata (corrections to the published monthly data). Once these corrections were completed, factors for seasonal adjustments and trading-day adjustments were recomputed, and the seasonally adjusted current-dollar series were revised for 1989-2000 and the first quarter of 2001. Similar changes were made to the constant-dollar series, which were revised for 1998-2000 and the first quarter of 2001.

Several additional changes were made to improve the consistency of the current-dollar series from 1989-2000 and the first quarter of 2001. First, cellular phones were reclassified to consumer goods and off-the-road construction vehicles were reclassified to capital goods and the reclassifications were carried back to 1989; these changes have a large impact on individual end-use commodity categories in 1998-2000, but their impact in earlier years is small. Other end-use reclassifications made in January 2001 were also carried back to 1989. Second, the methodological change to adjust series for trading day variation at the 5-digit end-use level, first introduced last year for 1997-2000, is now applied to 1989-1996. This change allows a consistent application of trading-day and seasonal factors to the most detailed level of unadjusted data available. Third, estimates of the balance of payments adjustments to the Census-basis data were improved for 1989-2000; the changes are largest for 1997 and for 1989-1991, and are very small in other years.

Services

Revisions to the services accounts resulted from the incorporation of results from BEA's quarterly and annual surveys, from BEA's Benchmark Survey of Foreign Direct Investment in the United States for 1997, and from other newly available and updated source data. The estimates of travel exports included significant revisions in the second half of 2000. The estimates of other private services imports included significant revisions to business, professional, and technical services for 1999-2000. The estimates of other private services payments included significant revisions to insurance for 1999-2000.

CONTENTS:

Seasonally Adjusted

Not Seasonally Adjusted

1992 and 1997 Revisions

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Compressed Files

  • 2000 Final Revisions - Compressed Version (ZIP)

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May 2014
Trade Numbers

Deficit: $44.4 Billion
Exports: $195.5 Billion
Imports: $239.8 Billion

Next release: August 6, 2014
Complete Release Schedule

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Call us: (301)763-2311 or 1-800-549-0595 option 4

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Source: U.S. Census Bureau | Foreign Trade | ftdwebmaster@census.gov |  Last Revised: July 12, 2011