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

Release date: June 6, 2019

Contents:


Notice

    Updates to Goods and Services

    In this release and in the accompanying “U.S. International Trade in Goods and Services: April 2019,” release (FT-900), the U.S. Census Bureau and the U.S. Bureau of Economic Analysis (BEA) are publishing revised statistics on trade in goods and services. With these releases, statistics on trade in goods, on both a Census basis and a balance of payments (BOP) basis, and statistics on trade in services are revised beginning with 2014.


    Revised seasonally adjusted statistics reflect the incorporation of recalculated seasonal and trading-day adjustments beginning with 2014. With the annual update in 2018, BEA extended the period for incorporating revised seasonal adjustments for services statistics from 3 to 5 years. With this annual update, the Census Bureau and BEA have also extended the period for incorporating revised seasonal and trading-day adjustments for goods statistics from 3 to 5 years.


    In addition, revised statistics on trade in goods beginning with 2016 reflect 1) corrections and adjustments to previously published not seasonally adjusted statistics for goods on a Census basis, 2) reclassifications of several end-use commodities, and 3) newly available and revised source data on BOP adjustments, which are adjustments that BEA applies to goods on a Census basis to convert them to a BOP basis. For more information on BOP adjustments, see the “Goods (balance of payments basis)” section in the FT-900 explanatory notes.


    Revised statistics on trade in services beginning with 2016 also reflect 1) newly available and revised source data, primarily from BEA’s surveys of international services transactions, and 2) revised temporal distributions of quarterly source data to monthly statistics (see the “Services” section in the FT-900 explanatory notes for more information).


    On an annual basis, the goods and services deficit was revised up 0.2 percent for 2016, was revised down 0.4 percent for 2017, and was revised up 0.9 percent for 2018. The goods deficit and the services surplus were both revised down for all 3 years.


    The revised statistics for goods on a BOP basis and for services will also be included in the “U.S. International Transactions: First Quarter 2019 and Annual Update” report and in the international transactions interactive database, both to be released by BEA on June 20, 2019. A preview of BEA’s 2018 annual update of the international transactions accounts was published in the April 2019 Survey of Current Business, BEA’s monthly online journal. If you have questions, please contact BEA, Balance of Payments Division, at InternationalAccounts@bea.gov.


    If you have questions contact the Census Bureau’s Economic Indicators Division, on (800) 549-0595, option 4, or at eid.international.trade.data@census.gov.


Current Issue

Exhibit Number Title Format
Full Report
FT900 U.S. International Trade in Goods and Services - Annual Revision
Individual Exhibits
Seasonally Adjusted (by Commodity/Service)
Exhibit 1 U.S. International Trade in Goods and Services
Exhibit 2 U.S. Exports of Services by Major Category
Exhibit 3 U.S. Imports of Services by Major Category
Exhibit 4 U.S. Trade in Goods
Exhibit 5 U.S Exports of Goods by Principal End-Use Category
Exhibit 5a U.S Imports of Goods by Principal End-Use Category
Exhibit 6 U.S Exports of Goods by End-Use Category and Commodity
Exhibit 7 U.S Imports of Goods by End-Use Category and Commodity
Exhibit 8 U.S Trade in Petroleum and Non-Petroleum End-Use Category Totals
Exhibit 9 Real U.S. Exports of Goods by Principal End-Use Category - Chained (2012) Dollars
Exhibit 9a Real U.S. Imports of Goods by Principal End-Use Category - Chained (2012) Dollars
Exhibit 10 Real U.S. Trade in Petroleum and Non-Petroleum Products by End-Use - Chained (2012) Dollars
Not Seasonally Adjusted
Exhibit 11 U.S. Trade in Goods
Exhibit 12 U.S. Exports of Goods by Principal End-Use Category
Exhibit 12a U.S. Imports of Goods by Principal End-Use Category
Exhibit 13 U.S. Trade in Goods by Country and Area: 2018
U.S. Trade in Goods by Country and Area: 2017
U.S. Trade in Goods by Country and Area: 2016
Exhibit 14 U.S. Trade in Goods by Principal Commodities
U.S. Trade in Goods by Principal Commodities: 2018
U.S. Trade in Goods by Principal Commodities: 2017
U.S. Trade in Goods by Principal Commodities: 2016
Exhibit 15 U.S. Trade in Advanced Technology Products
Exhibit 15a U.S. Trade in Advanced Technology Products by Technology Group and Selected Countries and Areas
U.S. Trade in Advanced Technology Products by Technology Group and Selected Countries and Areas: 2018
U.S. Trade in Advanced Technology Products by Technology Group and Selected Countries and Areas: 2017
U.S. Trade in Advanced Technology Products by Technology Group and Selected Countries and Areas: 2016
Exhibit 16 U.S. Imports of Energy-Related Petroleum Products, Including Crude Oil
Exhibit 16a U.S. Imports of Crude Oil by Selected Countries
Exhibit 17 U.S. Trade in Motor Vehicles and Parts by Selected Countries: Annual Totals
U.S. Trade in Motor Vehicles and Parts by Selected Countries: 2018
U.S. Trade in Motor Vehicles and Parts by Selected Countries: 2017
U.S. Trade in Motor Vehicles and Parts by Selected Countries: 2016
Seasonally Adjusted (by Geography)
Exhibit 18 U.S. Trade in Goods by Selected Countries and Areas - Census Basis
Exhibit 19 U.S. Trade in Goods and Services by Selected Countries and Areas - BOP Basis
Exhibit 19a U.S. Trade in Goods by Selected Countries and Areas - BOP Basis
Exhibit 19b U.S. Trade in Services by Selected Countries and Areas
Historical Data (2014-2015)
Exhibit 20 U.S. International Trade in Goods and Services
Exhibit 21 U.S. Exports of Services by Major Category
Exhibit 22 U.S. Imports of Services by Major Category

August 2019
Trade in Goods
and Services

Deficit: $54.9 Billion
Exports: $207.9 Billion
Imports: $262.8 Billion

Next release: November 5, 2019
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Source: U.S. Census Bureau | Foreign Trade |