February 8, 2013 U.S. Trade in Goods - Balance of Payments (BOP) Basis vs. Census Basis Value in millions of dollars 1960 through 2012 Balance Exports Imports Period BOP Basis Percent Change Census Basis Percent Change BOP Basis Percent Change Census Basis Percent Change BOP Basis Percent Change Census Basis Percent Change 1960 4,892 (X) 4,608 (X) 19,650 (X) 19,626 (X) 14,758 (X) 15,018 (X) 1961 5,571 13.9 5,476 18.8 20,108 2.3 20,190 2.9 14,537 -1.5 14,714 -2.0 1962 4,521 -18.8 4,583 -16.3 20,781 3.3 20,973 3.9 16,260 11.9 16,390 11.4 1963 5,224 15.5 5,289 15.4 22,272 7.2 22,427 6.9 17,048 4.8 17,138 4.6 1964 6,801 30.2 7,006 32.5 25,501 14.5 25,690 14.5 18,700 9.7 18,684 9.0 1965 4,951 -27.2 5,333 -23.9 26,461 3.8 26,699 3.9 21,510 15.0 21,366 14.4 1966 3,817 -22.9 3,837 -28.1 29,310 10.8 29,379 10.0 25,493 18.5 25,542 19.5 1967 3,800 -0.4 4,122 7.4 30,666 4.6 30,934 5.3 26,866 5.4 26,812 5.0 1968 635 -83.3 837 -79.7 33,626 9.7 34,063 10.1 32,991 22.8 33,226 23.9 1969 607 -4.4 1,289 54.0 36,414 8.3 37,332 9.6 35,807 8.5 36,043 8.5 1970 2,603 328.8 3,224 150.1 42,469 16.6 43,176 15.7 39,866 11.3 39,952 10.8 1971 -2,260 -186.8 -1,476 -145.8 43,319 2.0 44,087 2.1 45,579 14.3 45,563 14.0 1972 -6,416 183.9 -5,729 288.1 49,381 14.0 49,854 13.1 55,797 22.4 55,583 22.0 1973 911 -114.2 2,389 -141.7 71,410 44.6 71,865 44.2 70,499 26.3 69,476 25.0 1974 -5,505 -704.3 -3,884 -262.6 98,306 37.7 99,437 38.4 103,811 47.3 103,321 48.7 1975 8,903 -261.7 9,551 -345.9 107,088 8.9 108,856 9.5 98,185 -5.4 99,305 -3.9 1976 -9,483 -206.5 -7,820 -181.9 114,745 7.2 116,794 7.3 124,228 26.5 124,614 25.5 1977 -31,091 227.9 -28,352 262.6 120,816 5.3 123,182 5.5 151,907 22.3 151,534 21.6 1978 -33,927 9.1 -30,205 6.5 142,075 17.6 145,847 18.4 176,002 15.9 176,052 16.2 1979 -27,568 -18.7 -23,922 -20.8 184,439 29.8 186,363 27.8 212,007 20.5 210,285 19.4 1980 -25,500 -7.5 -19,696 -17.7 224,250 21.6 225,566 21.0 249,750 17.8 245,262 16.6 1981 -28,023 9.9 -22,267 13.1 237,044 5.7 238,715 5.8 265,067 6.1 260,982 6.4 1982 -36,485 30.2 -27,510 23.5 211,157 -10.9 216,442 -9.3 247,642 -6.6 243,952 -6.5 1983 -67,102 83.9 -52,409 90.5 201,799 -4.4 205,639 -5.0 268,901 8.6 258,048 5.8 1984 -112,492 67.6 -106,702 103.6 219,926 9.0 223,976 8.9 332,418 23.6 330,678 28.1 1985 -122,173 8.6 -117,711 10.3 215,915 -1.8 218,815 -2.3 338,088 1.7 336,526 1.8 1986 -145,081 18.8 -138,279 17.5 223,344 3.4 227,159 3.8 368,425 9.0 365,438 8.6 1987 -159,557 10.0 -152,119 10.0 250,208 12.0 254,122 11.9 409,765 11.2 406,241 11.2 1988 -126,959 -20.4 -118,526 -22.1 320,230 28.0 322,426 26.9 447,189 9.1 440,952 8.5 1989 -117,749 -7.3 -109,399 -7.7 359,916 12.4 363,812 12.8 477,665 6.8 473,211 7.3 1990 -111,037 -5.7 -101,719 -7.0 387,401 7.6 393,592 8.2 498,438 4.3 495,311 4.7 1991 -76,937 -30.7 -66,723 -34.4 414,083 6.9 421,730 7.1 491,020 -1.5 488,453 -1.4 1992 -96,897 25.9 -84,501 26.6 439,631 6.2 448,164 6.3 536,528 9.3 532,665 9.1 1993 -132,451 36.7 -115,568 36.8 456,943 3.9 465,091 3.8 589,394 9.9 580,659 9.0 1994 -165,831 25.2 -150,630 30.3 502,859 10.0 512,626 10.2 668,690 13.5 663,256 14.2 1995 -174,170 5.0 -158,801 5.4 575,204 14.4 584,742 14.1 749,374 12.1 743,543 12.1 1996 -191,000 9.7 -170,214 7.2 612,113 6.4 625,075 6.9 803,113 7.2 795,289 7.0 1997 -198,428 3.9 -180,522 6.1 678,366 10.8 689,182 10.3 876,794 9.2 869,704 9.4 1998 -248,221 25.1 -229,758 27.3 670,416 -1.2 682,138 -1.0 918,637 4.8 911,896 4.9 1999 -336,171 35.4 -328,821 43.1 698,218 4.1 695,797 2.0 1,034,389 12.6 1,024,618 12.4 2000 -445,787 32.6 -436,104 32.6 784,781 12.4 781,918 12.4 1,230,568 19.0 1,218,022 18.9 2001 -421,276 -5.5 -411,899 -5.6 731,189 -6.8 729,100 -6.8 1,152,464 -6.3 1,140,999 -6.3 2002 -474,491 12.6 -468,263 13.7 697,439 -4.6 693,103 -4.9 1,171,930 1.7 1,161,366 1.8 2003 -540,409 13.9 -532,350 13.7 729,816 4.6 724,771 4.6 1,270,225 8.4 1,257,121 8.2 2004 -663,507 22.8 -654,830 23.0 821,986 12.6 814,875 12.4 1,485,492 16.9 1,469,704 16.9 2005 -780,730 17.7 -772,373 18.0 911,686 10.9 901,082 10.6 1,692,416 13.9 1,673,455 13.9 2006 -835,689 7.0 -827,971 7.2 1,039,406 14.0 1,025,967 13.9 1,875,095 10.8 1,853,938 10.8 2007 -818,886 -2.0 -808,763 -2.3 1,163,957 12.0 1,148,199 11.9 1,982,843 5.7 1,956,962 5.6 2008 -830,109 1.4 -816,199 0.9 1,307,499 12.3 1,287,442 12.1 2,137,608 7.8 2,103,641 7.5 2009 -505,758 -39.1 -503,582 -38.3 1,069,733 -18.2 1,056,043 -18.0 1,575,491 -26.3 1,559,625 -25.9 2010 -645,124 27.6 -634,897 26.1 1,288,882 20.5 1,278,263 21.0 1,934,006 22.8 1,913,160 22.7 2011 -738,413 14.5 -727,392 14.6 1,497,406 16.2 1,480,432 15.8 2,235,819 15.6 2,207,824 15.4 2012 -735,702 -0.4 -727,905 0.1 1,563,578 4.4 1,547,137 4.5 2,299,281 2.8 2,275,043 3.0 Source: U.S. Census Bureau, Foreign Trade Division.