Foreign Trade

U.S. International Trade in Goods and Services -
Annual Revision for 1998

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With this release, the Bureau of the Census and the Bureau of theEconomic Analysis are publishing revised U.S. goods and services trade statistics.

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Select:

Goods
Services


• Press Release exhibits - plain text
• Full Report:
  • FT900 - U.S. International Trade in Goods and Services - PDF
  • Press release exhibits - COMPRESSED

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Goods

The 1998 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 data (corrections to the published monthly data). The 1997 unadjusted Census basis goods data were also revised based on new source data for U.S. imports of automobiles from Canada. See Table 17a on page 58. Once these corrections were completed, factors for seasonal adjustment,working day adjustment, and constant dollars were recomputed, and the seasonally adjusted and constant dollar series were revised for 1996, 1997, and 1998.

Services

The services account has been redefined in order to bring it into alignment with the concepts used in the U.S. national income and product accounts and into closer conformance with international guidelines established by the International Monetary Fund. Compensation of foreign workers temporarily employed in the United States and of U.S. workers temporarily employed abroad, which until now has been included indistinguishably as a component of "Other private services", is removed from both services receipts and payments for all time periods shown in this release. (The amounts removed are reclassified to the income account of the international transactions accounts, which are released separately by the Bureau of Economic Analysis). As a result of this redefinition, service payments are reduced more than service receipts, thereby increasing the services surplus. Other revisions to the services account result from the use of newly developed data for travel payments for 1997-98, the incorporation of results from annual surveys, and newly available and updated source data.

CONTENTS:

Seasonally Adjusted

• Exhibit 1 International Trade in Goods and Services
• Exhibit 2 U.S. Services by Major Category--Exports
• Exhibit 3 U.S. Services by Major Category--Imports
• Exhibit 4 U.S. Trade in Goods
• Exhibit 5 Exports of Goods by Principal End-Use Category
• Exhibit 5a Imports of Goods by Principal End-Use Category
• Exhibit 6 Exports of Goods by End-Use Category and Commodity
• Exhibit 7 Imports of Goods by End-Use Category and Commodity
• Exhibit 8 Petroleum and Non-Petroleum End-Use Category Totals
• Exhibit 9 Exports of Goods by Principal End-Use Category (Constant Dollars)
• Exhibit 9a Imports of Goods by Principal End-Use Category (Constant Dollars)
• Exhibit 10 Exports, Imports, and Balance of Goods, Petroleum and Non-Petroleum End-Use Commodity Category Totals (Constant Dollars)

Not Seasonally Adjusted

• Exhibit 11 U.S. Trade in Goods
• Exhibit 12 Exports of Goods by Principal End-Use Category
• Exhibit 12a Imports of Goods by Principal End-Use Category
• Exhibit 13 Exports, Imports, and Balance of Goods by Countries and Selected Areas - 1998
  • Jan, Feb, Mar
  • Apr, May, Jun
  • Jul, Aug, Sep
  • Oct, Nov, Dec
  • Year-End Totals
• Exhibit 14 Exports and Imports of Goods by Principal SITC Commodity Groupings
  • Jan, Feb, Mar, Apr
  • May, Jun, Jul, Aug
  • Sep, Oct, Nov, Dec
  • Year-End Totals
• Exhibit 15 Exports, Imports, and Balance of Advanced Technology Products
• Exhibit 16 Imports of Energy - Related Petroleum Products, Including Crude Petroleum
• Exhibit 17 Exports and Imports of Motor Vehicles and Parts by Selected Countries - 1998

  • Jan, Feb, Mar
  • Apr, May, Jun
  • Jul, Aug, Sep
  • Oct, Nov, Dec
  • Year-End Totals

• Exhibit 17a 1997 Canadian Revision

 

1992 and 1995 Revisions

• Exhibit 18 U.S. International Trade in Goods and Services (1992-1993)
• Exhibit 18a U.S. International Trade in Goods and Services (1994-1995)
• Exhibit 19 U.S. Services by Major Category - Exports (1992-1993)
• Exhibit 19a U.S. Services by Major Category - Exports (1994-1995)
• Exhibit 20 U.S. Services by Major Category - Imports (1992 - 1993)
• Exhibit 20a U.S. Services by Major Category - Imports (1994 - 1995)

Compressed File

• 1998 Final Revisions - Compressed Version (ZIP)