U.S. Census Bureau
U.S. Bureau of Economic Analysis
NEWS
U.S. Department of Commerce * Washington, DC 20230


FOR IMMEDIATE RELEASE
8:30 A.M. EDT TUESDAY, JULY 13, 2010

For information on goods contact:
For information on services contact:
U.S. Census Bureau:
Nick Orsini
301-763-6959
Maria Iseman
301-763-2311

U.S. Bureau of Economic Analysis:
Technical:  Edward Dozier
202-606-9559
Media:       Ralph Stewart
202-606-2649

CB10-101, BEA10-36, FT-900 (10-05)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
May 2010

Goods and Services
    
    The U.S. Census Bureau and the U.S. Bureau of 
Economic Analysis, through the Department of Commerce, 
announced today that total May exports of $152.3 billion 
and imports of $194.5 billion resulted in a goods and services 
deficit of $42.3 billion, up from $40.3 billion in April, revised.  
May exports were $3.5 billion more than April exports of 
$148.7 billion.  April imports were $5.5 billion more than April 
imports of $189.0 billion.
    
    In May, the goods deficit increased $1.9 billion from April 
to $54.5 billion, and the services surplus was virtually 
unchanged at $12.2 billion.  Exports of goods increased $3.0 
billion to $107.2 billion, and imports of goods increased $4.9 
billion to $161.7 billion.  Exports of services increased $0.6 
billion to $45.0 billion, and imports of services increased $0.6 
billion to $32.9 billion.
    
    The goods and services deficit increased $17.4 billion 
from May 2009 to May 2010.  Exports were up $26.4 billion, 
or 21.0 percent, and imports were up $43.8 billion, or 29.1 
percent.
    
Goods (Census basis)
    
    The April to May increase in exports of goods reflected 
increases in capital goods ($2.0 billion); industrial supplies 
and materials ($0.6 billion); consumer goods ($0.3 billion); 
and automotive vehicles, parts, and engines ($0.1 billion).     A     
decrease     occurred     in     other   goods   ($0.1 billion).
Foods, feeds, and beverages were virtually unchanged.
 
    The April to May increase in imports of goods reflected 
increases in consumer goods ($2.6 billion); automotive 
vehicles, parts, and engines ($2.2 billion); capital goods ($2.0 
billion); and foods, feeds, and beverages ($0.2 billion).  A 
decrease occurred in industrial supplies and materials ($2.2 
billion).  Other goods were virtually unchanged.
    
    The May 2009 to May 2010 increase in exports of goods 
reflected increases in industrial supplies and materials ($9.6 
billion); capital goods ($6.7 billion); automotive vehicles, 
parts, and engines ($3.7 billion); consumer goods ($1.3 
billion); other goods ($1.0 billion); and foods, feeds, and 
beverages ($0.1 billion). 

    The May 2009 to May 2010 increase in imports of goods 
reflected increases in industrial supplies and materials ($16.9 
billion); automotive vehicles, parts, and engines ($9.1 billion); 
capital goods ($8.6 billion); consumer goods ($4.8 billion); 
and foods, feeds, and beverages ($0.9 billion). A decrease 
occurred in other goods ($0.2 billion).
    
Services

    Services exports increased $0.6 billion from April to May.  
The increase was mostly accounted for by increases in other 
private services (which includes items such as business, 
professional, and technical services, insurance services, and 
financial services), travel, and passenger fares.  Changes in 
the other categories of services exports were small.
    
    Services imports increased $0.6 billion from April to May. 
The increase was mostly accounted for by increases in travel, 
passenger fares, other transportation (which includes freight 
and port services), and other private services.  Changes in the 
other categories of services imports were small.
								
    Services exports increased $4.0 billion from May 2009 to 
May 2010.  The largest increases were in other private 
services ($1.6 billion), travel ($0.8 billion), and royalties and 
license fees ($0.7 billion).  Within other private services, the 
largest increase was in business, professional, and technical 
services.
	
    Services imports increased $2.8 billion from May 2009 to 
May 2010.  The largest increases were in other private 
services ($1.1 billion) and other transportation ($0.8 billion).  
Within other private services, the largest increase was in 
business, professional, and technical services.
    
Goods and Services Moving Average

    For the three months ending in May, exports of goods and 
services averaged $150.3 billion, while imports of goods and 
services averaged $191.1 billion, resulting in an average trade 
deficit of $40.9 billion.  For the three months ending in April, 
the average trade deficit was $40.2 billion, reflecting average 
exports of $147.6 billion and average imports of $187.8 
billion.
    
 
Selected Not Seasonally Adjusted Goods Details

    The May figures show surpluses, in billions of dollars, with 
Hong Kong $1.6 ($1.7 for April), Australia $1.1 ($1.2), 
Singapore $0.9 ($1.0), and Egypt $0.3 ($0.3).  Deficits were  
recorded, in billions of dollars, with China $22.3 ($19.3), 
OPEC $7.8 ($9.3), European Union $6.2 ($5.7), Mexico $6.2 
($5.3), Japan $3.6 ($4.8), Germany $2.9 ($3.0), Canada $2.3 
($2.7), Nigeria $2.2 ($2.3), Venezuela $2.1 ($1.8), and Ireland 
$2.2 ($1.4). 
    
    Advanced technology products exports were $21.8 billion 
in May and imports were $27.6 billion, resulting in a deficit of 
$5.8 billion.  May exports were $0.7 billion more than the 
$21.1 billion in April, while May imports were $0.7 billion 
more than the $26.9 billion in April.
   
Revisions (Goods on a Census basis, not seasonally 
adjusted)
   
    For April, goods exports were revised up $0.2 billion and 
goods imports were revised up $0.3 billion.  Goods carry-over 
in May was $0.1 billion (0.1 percent) for exports and $0.9 
billion (0.6 percent) for imports.  For April, revised export 
carry-over was virtually zero.  For April, revised import carry-
over was $0.1 billion (0.1 percent), revised down from $0.5 
billion (0.4 percent).
    
    Services exports for April were revised down $0.3 billion 
to $44.5 billion and services imports were revised down $0.3 
billion to $32.3 billion.  Downward revisions to travel and 
passenger fares accounted for the majority of the revisions to 
both exports and imports. 
    
Table of Contents 

Seasonally Adjusted

Exhibit 1
U.S. International Trade in Goods and Services
1

Exhibit 2
U.S. International Trade in Goods and Services Three-month Moving Averages
2

Exhibit 3
U.S. Services by Major Category Exports
3

Exhibit 4
U.S. Services by Major Category Imports
4

Exhibit 5
U.S. Trade in Goods
5

Exhibit 6
Exports and Imports of Goods by Principal End-Use Category
6

Exhibit 7
Exports of Goods by End-Use Category and Commodity
7

Exhibit 8
Imports of Goods by End-Use Category and Commodity
9

Exhibit 9
Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use 
Category Totals
11

Exhibit 10
Real Exports and Imports of Goods by Principal End-Use Category (2005 Chain-
weighted dollars)
12

Exhibit 11
Real Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-
Use Commodity Category Totals (2005 Chain-weighted dollars)
13

Not Seasonally Adjusted

Exhibit 12
U.S. Trade in Goods
14

Exhibit 13
Exports and Imports of Goods by Principal End-Use Category
15

Exhibit 14
Exports, Imports, and Balance of Goods by Selected Countries and Areas
16

Exhibit 15
Exports and Imports of Goods by Principal SITC Commodities
18

Exhibit 16
Exports, Imports, and Balance of Advanced Technology Products
20

Exhibit 16a
Exports, Imports, and Balance of Advanced Technology Products by Technology
Group and Selected Countries and Areas
21

Exhibit 17
Imports of Energy-Related Petroleum Products, Including Crude Oil
22

Exhibit 18
Exports and Imports of Motor Vehicles and Parts by Selected Countries
23

Information on Goods and Services
A-1