PART B: NOT SEASONALLY ADJUSTED EXHIBIT 12. U. S. TRADE IN GOODS (In millions of dollars. Detail may not equal totals due to rounding. (R) Revised.) Trade Balance Total Balance Total of Payments Census Period Basis Basis 2002 Jan.- Dec. -482,872 -468,263 Jan.- Mar. -96,947 -93,542 January -33,408 -32,444 February -31,511 -30,411 March -32,028 -30,687 April -39,880 -38,745 May -39,321 -37,765 June -37,668 -36,495 July -46,647 -45,440 August -44,090 -42,787 September -43,321 -42,151 October -45,586 -44,276 November -44,107 -42,894 December -45,304 -44,169 2003 Jan.- Dec. -549,156 -535,455 Jan.- Mar. -126,994 -123,766 January -44,003 -43,061 February -38,883 -37,819 March -44,107 -42,885 April -45,836 -44,544 May -43,504 -42,266 June -44,113 -42,760 July -51,533 -50,474 August -45,299 -43,917 September -49,911 -48,831 October -51,867 -50,816 November -42,937 -41,930 December -47,164 -46,151 2004 Jan.- Mar. -139,429 -135,508 January -45,872 -44,649 February (R) -42,665 -41,447 March -50,893 -49,411 April May June July August September October November December February data as published last month: -42,413 -41,204 _________________ Exports Total Balance Total of Payments Net Census Period Basis Adjustments Basis 2002 Jan.- Dec. 681,874 -11,229 693,103 Jan.- Mar. 163,785 -2,672 166,457 January 51,936 -732 52,667 February 52,184 -877 53,061 March 59,665 -1,064 60,728 April 57,328 -818 58,146 May 58,630 -1,253 59,884 June 59,043 -877 59,920 July 54,109 -923 55,032 August 58,484 -1,007 59,491 September 56,421 -856 57,277 October 60,987 -989 61,975 November 58,744 -927 59,671 December 54,342 -907 55,249 2003 Jan.- Dec. 713,788 -10,241 724,030 Jan.- Mar. 171,180 -2,576 173,756 January 53,997 -747 54,745 February 54,971 -857 55,828 March 62,212 -973 63,184 April 58,061 -1,026 59,086 May 59,323 -888 60,210 June 60,504 -885 61,389 July 56,081 -855 56,936 August 57,600 -916 58,515 September 59,089 -774 59,863 October 65,941 -782 66,723 November 63,645 -750 64,395 December 62,366 -790 63,155 2004 Jan.- Mar. 193,640 -3,119 196,759 January 58,172 -979 59,151 February (R) 62,421 -966 63,388 March 73,047 -1,174 74,221 April May June July August September October November December February data as published last month: 62,577 -969 63,546 _________________ Imports Total Balance Total of Payments Net Census Period Basis Adjustments Basis 2002 Jan.- Dec. 1,164,746 3,380 1,161,366 Jan.- Mar. 260,732 733 259,999 January 85,343 232 85,111 February 83,696 223 83,473 March 91,693 278 91,415 April 97,208 317 96,891 May 97,951 302 97,649 June 96,711 296 96,415 July 100,757 284 100,472 August 102,574 297 102,277 September 99,742 313 99,429 October 106,573 322 106,251 November 102,851 286 102,564 December 99,647 228 99,418 2003 Jan.- Dec. 1,262,945 3,460 1,259,485 Jan.- Mar. 298,174 651 297,522 January 98,001 195 97,806 February 93,854 207 93,647 March 106,319 249 106,070 April 103,896 266 103,630 May 102,826 350 102,477 June 104,617 468 104,149 July 107,613 203 107,410 August 102,898 466 102,432 September 109,001 307 108,694 October 117,808 269 117,539 November 106,582 257 106,325 December 109,529 223 109,306 2004 Jan.- Mar. 333,070 802 332,267 January 104,043 243 103,800 February (R) 105,086 251 104,835 March 123,940 308 123,632 April May June July August September October November December February data as published last month: 104,990 240 104,750 NOTE: For information on data sources, nonsampling errors, definitions and details concerning what is included in Net Adjustments, see the information section on page 26 of this release, or at www.census.gov/foreign-trade/www/press.html or www.bea.gov/bea/rels.htm. SOURCE: Report FT900 (CB-04-73, BEA-04-20), Bureau of the Census, Foreign Trade Division, March 2004. For more information, contact Haydn R. Mearkle (301-763-2246) or Nick Orsini (301-763-2311), Foreign Trade Division.