U.S. International Trade in Goods and Services Highlights

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November 21, 2000

Goods and Services Deficit Increases in September 2000

The Nation's international deficit in goods and services increased to $34.3 billion in September, from $29.8 billion (revised) in August, as exports decreased and imports increased.

Graph of International Trade Balances

Goods and Services

Exports decreased to $92.4 billion from $93.0 billion in August. Goods were $67.3 billion in September, down from $68.0 billion in August, and services were virtually unchanged at $25.0 billion.
Imports increased to $126.6 billion from $122.8 billion in August. Goods were $107.5 billion in September, up from $104.7 billion in August, and services were $19.1 billion in September, up from $18.1 billion in August.
For goods, the deficit was $40.2 billion in September, up from $36.7 billion in August. For services, the surplus was $5.9 billion in September, down from $6.9 billion in August.

Goods by Category

The August to September change in exports of goods reflected decreases in automotive vehicles, parts, and engines; capital goods; other goods; foods, feeds, and beverages; and consumer goods. An increase occurred in industrial supplies and materials.
The August to September change in imports of goods reflected increases in industrial supplies and materials; capital goods; and consumer goods. A decrease occurred in other goods. Automotive vehicles, parts, and engines and foods, feeds, and beverages were virtually unchanged.

Goods by Geographic Area (Not Seasonally Adjusted)

The goods deficit with Canada increased from $4.3 billion in August to $4.7 billion in September. Exports decreased $0.7 billion (primarily automobiles and automobile parts) to $14.6 billion, while imports decreased $0.3 billion (primarily automobiles and automobile parts and petroleum products) to $19.3 billion.
The goods deficit with Mexico increased from $1.9 billion in August to $2.7 billion in September. Exports decreased $0.7 billion (primarily electrical machinery) to $9.7 billion, while imports increased $0.1 billion (primarily automobiles and automobile parts) to $12.4 billion.
The goods deficit with Japan decreased from $6.8 billion in August to $6.1 billion in September. Exports decreased $0.2 billion (primarily transport equipment) to $5.5 billion, while imports decreased $0.8 billion (primarily automobiles and automobile parts) to $11.6 billion.

This and more information is provided in the Bureau of the Census and Bureau of Economic Analysis press release:

U.S.International Trade in Goods and Services: September 2000 .

For further information on goods, contact Nick Orsini, Foreign Trade Division, Bureau of the Census, on (301) 457-2311; on services, contact Christopher Bach, Bureau of Economic Analysis, on (202) 606-9545.

The next release is December 19, 2000

Note: Total goods are reported on a balance of payments basis; commodityand country detail for goods are on a Census basis. Definitions are explained in the notes to the monthly press release.

Related sites:

U.S. Department of Commerce
- U.S. Census Bureau, Foreign Trade Division
- Bureau of Economic Analysis

Last modified: 21 November 2000