PART B: NOT SEASONALLY ADJUSTED EXHIBIT 12. U. S. TRADE IN GOODS (In millions of dollars. Detail may not equal totals due to rounding.) Trade Balance Total Balance Total of Payments Census Period Basis Basis 2002 Jan.- Dec. -482,895 -468,263 Jan.- Apr. -136,833 -132,287 January -33,411 -32,444 February -31,515 -30,411 March -32,027 -30,687 April -39,879 -38,745 May -39,320 -37,765 June -37,670 -36,495 July -46,652 -45,440 August -44,095 -42,787 September -43,322 -42,151 October -45,586 -44,276 November -44,108 -42,894 December -45,308 -44,169 2003 Jan.- Dec. -547,552 -532,350 Jan.- Apr. -171,680 -166,899 January -43,625 -42,637 February -38,358 -37,237 March -43,544 -42,318 April -46,154 -44,707 May -43,395 -42,085 June -43,888 -42,387 July -51,805 -50,561 August -45,223 -43,696 September -49,484 -48,083 October -51,817 -50,769 November -42,941 -41,575 December -47,318 -46,296 2004 Jan.- Apr. -191,326 -186,149 January -45,869 -44,649 February -42,662 -41,447 March -50,286 -48,811 April -52,510 -51,241 May June July August September October November December March data as published last month: -50,893 -49,411 _________________ Exports Total Balance Total of Payments Net Census Period Basis Adjustments Basis 2002 Jan.- Dec. 681,833 -11,270 693,103 Jan.- Apr. 221,097 -3,506 224,603 January 51,932 -736 52,667 February 52,180 -881 53,061 March 59,660 -1,068 60,728 April 57,325 -821 58,146 May 58,628 -1,256 59,884 June 59,041 -880 59,920 July 54,106 -926 55,032 August 58,480 -1,011 59,491 September 56,417 -860 57,277 October 60,985 -991 61,975 November 58,741 -930 59,671 December 54,339 -910 55,249 2003 Jan.- Dec. 713,122 -11,649 724,771 Jan.- Apr. 229,636 -3,822 233,458 January 54,100 -754 54,854 February 55,011 -906 55,917 March 62,548 -976 63,524 April 57,976 -1,186 59,162 May 59,027 -957 59,983 June 60,549 -1,021 61,570 July 56,035 -1,035 57,070 August 57,558 -1,053 58,611 September 59,148 -1,091 60,239 October 65,617 -771 66,389 November 63,389 -1,103 64,492 December 62,164 -796 62,959 2004 Jan.- Apr. 260,521 -4,165 264,685 January 58,175 -976 59,151 February 62,424 -964 63,388 March 73,303 -1,173 74,475 April 66,619 -1,053 67,671 May June July August September October November December March data as published last month: 73,047 -1,174 74,221 _________________ Imports Total Balance Total of Payments Net Census Period Basis Adjustments Basis 2002 Jan.- Dec. 1,164,728 3,362 1,161,366 Jan.- Apr. 357,929 1,040 356,890 January 85,343 232 85,111 February 83,695 222 83,473 March 91,687 272 91,415 April 97,204 314 96,891 May 97,948 299 97,649 June 96,710 295 96,415 July 100,758 286 100,472 August 102,575 298 102,277 September 99,740 311 99,429 October 106,571 320 106,251 November 102,849 285 102,564 December 99,646 228 99,418 2003 Jan.- Dec. 1,260,674 3,553 1,257,121 Jan.- Apr. 401,316 960 400,356 January 97,725 234 97,491 February 93,370 216 93,154 March 106,092 249 105,842 April 104,130 261 103,869 May 102,422 353 102,068 June 104,437 479 103,958 July 107,840 209 107,631 August 102,781 474 102,307 September 108,632 310 108,322 October 117,434 277 117,158 November 106,330 264 106,066 December 109,481 226 109,255 2004 Jan.- Apr. 451,847 1,013 450,834 January 104,043 243 103,800 February 105,086 251 104,835 March 123,589 302 123,287 April 119,129 216 118,912 May June July August September October November December March data as published last month: 123,940 308 123,632 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-04-92, BEA-04-27), Bureau of the Census, Foreign Trade Division, April 2004. For more information, contact Haydn R. Mearkle (301-763-2246) or Nick Orsini (301-763-2311), Foreign Trade Division.