Top Ten Countries with which the U.S. has a Trade Deficit

For the month of December 1998

                                                   Year To Date
                                   Deficit in       Deficit in
                                    Millions         Millions
 Country Name                       of U.S. $        of U.S. $

 JAPAN                              -5,876.79       -64,093.71
 CHINA                              -3,975.19       -56,897.91
 FEDERAL REPUBLIC OF GERMANY        -2,546.42       -23,182.06
 CANADA                             -2,177.77       -20,691.60
 MEXICO                             -1,255.10       -15,698.58
 TAIWAN                             -1,158.33       -14,965.77
 ITALY                              -1,034.53       -11,985.79
 MALAYSIA                             -949.75       -10,048.57
 SWEDEN                               -522.90        -4,017.33
 PHILIPPINES                          -336.24        -5,212.71