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U.S. International Trade in Goods and Services -
Annual Revision for 2001


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

In this release, the U.S. Census Bureau and the Bureau of Economic Analysis (BEA) are jointly publishing revised data on U.S. trade in goods for 1999-2001 and revised data for services for 1998-2001. The data for 2000-2001 in this release are also reflected in today's joint release of "U.S. International Trade in Goods and Services: April 2002," and in today's BEA release of "U.S. International Transactions: First Quarter 2002". Additional information on other U.S. international transactions is available in the BEA release and on BEA's Web site at www.bea.gov.


Select:


Goods

The 2001 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 1999-2001 and the first quarter of 2002. Similar changes were made to the constant-dollar series, which were revised for 1999-2001 and the first quarter of 2002.

Services

Revisions to the services accounts resulted from the incorporation of results from BEA's annual and quarterly surveys, from BEA's Benchmark Survey of Selected Services Transactions for 2001 (covering mainly business, professional, and technical services), and from other newly available and updated source data. The estimates for other private services exports and for other private services imports included significant revisions to business, professional, and technical services in 2000 and 2001, and to insurance in 2001. The revisions in 2001 largely reflected new data reported on BEA annual surveys for construction services (which are a component of business, professional, and technical services) and for insurance. These estimates had previously been based on preliminary BEA annual survey data for 2000, on press reports, and on industry information.

CONTENTS:

Seasonally Adjusted

Not Seasonally Adjusted

1992-1998 Revisions

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Compressed Files

  • 2001 Final Revisions - Compressed Version (ZIP)

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October 2014
Trade Numbers

Deficit: $43.4 Billion
Exports: $197.5 Billion
Imports: $241.0 Billion

Next release: January 7, 2015
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Source: U.S. Census Bureau | Foreign Trade | ftdwebmaster@census.gov |  Last Revised: July 12, 2011