Part B: NOT SEASONALLY ADJUSTED Exhibit 12. U. S. TRADE IN GOODS (In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) Revised.) Balance Total Balance Total of Payments Census Period Basis Basis 1995 Jan. - Dec. -173,424 -158,703 Jan. - Mar. -38,411 -34,995 January -14,569 -13,695 February -11,164 -10,258 March -12,677 -11,041 April -13,557 -12,033 May -15,262 -13,360 June -16,406 -14,657 July -18,262 -17,340 August -16,429 -15,449 September -14,545 -13,655 October -16,789 -15,571 November -13,962 -12,854 December -9,801 -8,788 1996 Jan. - Dec. -187,766 -166,765 Jan. - Mar. -36,363 -32,103 January -14,976 -14,008 February -10,780 -9,605 March -10,607 -8,490 April -14,853 -12,363 May -15,535 -13,156 June -14,172 -12,411 July -21,431 -19,562 August -18,283 -16,159 September -19,031 -17,414 October -18,934 -17,550 November -14,209 -12,641 December -14,955 -13,405 1997 Jan. - Mar. -42,297 -37,690 January -17,419 -16,359 February (R) -13,096 -11,993 March -11,781 -9,338 April May June July August September October November December February data as republished last month : -13,006 -11,814 _________________________________________________________ Exports Total Balance Total of Payments Net Census Period Basis Adjustments Basis 1995 Jan. - Dec. 575,939 -8,803 584,742 Jan. - Mar. 139,141 -2,069 141,211 January 43,002 -631 43,633 February 44,324 -675 44,999 March 51,815 -764 52,579 April 47,166 -642 47,808 May 49,106 -749 49,855 June 48,558 -835 49,393 July 43,678 -711 44,390 August 48,224 -748 48,972 September 49,066 -657 49,723 October 51,031 -797 51,828 November 49,911 -799 50,710 December 50,058 -795 50,853 1996 Jan. - Dec. 611,507 -13,020 624,528 Jan. - Mar. 150,885 -2,377 153,262 January 47,020 -690 47,710 February 50,053 -784 50,837 March 53,813 -902 54,715 April 51,210 -876 52,085 May 52,398 -1,130 53,527 June 50,722 -886 51,608 July 46,361 -1,439 47,801 August 50,190 -1,352 51,543 September 49,290 -1,309 50,599 October 54,966 -1,063 56,029 November 53,567 -1,276 54,843 December 51,917 -1,313 53,231 1997 Jan. - Mar. 162,012 -2,476 164,488 January 49,731 -813 50,544 February (R) 52,528 -674 53,202 March 59,752 -989 60,741 April May June July August September October November December February data as republished last month : 52,520 -764 53,283 _________________________________________________________ Imports Total Balance Total of Payments Net Census Period Basis Adjustments Basis 1995 Jan. - Dec. 749,363 5,918 743,445 Jan. - Mar. 177,552 1,346 176,205 January 57,572 244 57,328 February 55,488 231 55,257 March 64,492 872 63,620 April 60,723 881 59,842 May 64,368 1,153 63,215 June 64,963 913 64,050 July 61,940 211 61,729 August 64,653 232 64,421 September 63,611 232 63,379 October 67,820 421 67,399 November 63,873 309 63,564 December 59,859 219 59,641 1996 Jan. - Dec. 799,274 7,981 791,292 Jan. - Mar. 187,248 1,883 185,366 January 61,996 277 61,718 February 60,833 390 60,443 March 64,420 1,215 63,205 April 66,062 1,614 64,448 May 67,932 1,249 66,683 June 64,894 875 64,019 July 67,792 430 67,363 August 68,474 772 67,702 September 68,322 308 68,013 October 73,900 321 73,579 November 67,776 292 67,484 December 66,872 237 66,635 1997 Jan. - Mar. 204,309 2,131 202,178 January 67,150 247 66,903 February (R) 65,624 429 65,196 March 71,534 1,455 70,079 April May June July August September October November December February data as republished last month : 65,526 429 65,097 NOTE: See INFORMATION ON GOODS AND SERVICES for details concerning what is included in the Net Adjustments. SOURCE: Report FT900 (CB-97-85), Bureau of the Census, Foreign Trade Division, MARCH 1997. For more information, contact Haydn R. Mearkle (301-457-2246) or Richard M. Preuss (301-457-2311), Foreign Trade Division.