USA Investment

U.S. Census Bureau

U.S. Bureau of Economic Analysis

NEWS

U.S. Department of Commerce  Washington, DC 20230

FOR IMMEDIATE RELEASE

8:30 A.M. EST FRIDAY, JANUARY 11, 2013

For information on goods contact: For information on services contact:

U.S. Census Bureau: U.S. Bureau of Economic Analysis:

Matthew Przybocki 301-763-3148 Technical: Edward Dozier 202-606-9559

Maria Iseman 301-763-2311 Media: Ralph Stewart 202-606-2649

CB13-09, BEA13-01, FT-900 (12-11)

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES

November 2012

Goods and Services

The U.S. Census Bureau and the U.S. Bureau of

Economic Analysis, through the Department of Commerce,

announced today that total November exports of $182.6

billion and imports of $231.3 billion resulted in a goods and

services deficit of $48.7 billion, up from $42.1 billion in

October, revised. November exports were $1.7 billion more

than October exports of $180.8 billion. November imports

were $8.4 billion more than October imports of $222.9 billion.

In November, the goods deficit increased $6.6 billion

from October to $65.7 billion, and the services surplus was

virtually unchanged from October at $17.0 billion. Exports of

goods increased $1.6 billion to $129.3 billion, and imports of

goods increased $8.2 billion to $195.0 billion. Exports of

services increased $0.1 billion to $53.2 billion, and imports of

services increased $0.2 billion to $36.3 billion.

The goods and services deficit decreased $0.1 billion

from November 2011 to November 2012. Exports were up

$5.8 billion, or 3.3 percent, and imports were up $5.7 billion,

or 2.5 percent.

Goods (Census Basis)

The October to November increase in exports of goods

reflected increases in capital goods ($0.9 billion); automotive

vehicles, parts, and engines ($0.7 billion); industrial supplies

and materials ($0.6 billion); and consumer goods ($0.1

billion). Decreases occurred in foods, feeds, and beverages

($0.4 billion) and other goods ($0.2 billion).

The October to November increase in imports of goods

reflected increases in consumer goods ($4.6 billion);

automotive vehicles, parts, and engines ($1.5 billion);

industrial supplies and materials ($1.3 billion); foods, feeds,

and beverages ($0.6 billion); capital goods ($0.4 billion); and

other goods ($0.1 billion).

The November 2011 to November 2012 increase in

exports of goods reflected increases in capital goods ($1.8

billion); automotive vehicles, parts, and engines ($1.0 billion);

foods, feeds, and beverages ($0.8 billion); other goods ($0.7

billion); and consumer goods ($0.5 billion). A decrease

occurred in industrial supplies and materials ($1.9 billion).

NOTE: Total goods data are reported on a balance of payments basis unless otherwise specified. Commodity and country data for goods are on a Census basis.

Monthly statistics are seasonally adjusted unless otherwise specified. For information on data sources and definitions, see the information section on page A-1 of this

release, or at www.census.gov/ft900 or www.bea.gov/newsreleases/international/trade/tradnewsrelease.htm. The next FT-900 release is February 8, 2013.

The November 2011 to November 2012 increase in

imports of goods reflected increases in automotive vehicles,

parts, and engines ($3.0 billion); consumer goods ($2.6

billion); capital goods ($1.9 billion); other goods ($0.2

billion); and foods, feeds, and beverages ($0.1 billion). A

decrease occurred in industrial supplies and materials ($2.1

billion).

Services

Exports of services increased $0.1 billion from October to

November. Increases in passenger fares ($0.1 billion) and

travel ($0.1 billion) were partly offset by a decrease in other

private services ($0.1 billion), which includes items such as

business, professional, and technical services, insurance

services, and financial services. Changes in the other

categories of services exports were relatively small.

Imports of services increased $0.2 billion from October to

November. The largest increase was in other transportation

($0.1 billion), which includes freight and port services.

Changes in the other categories of services imports were

relatively small.

The November 2011 to November 2012 increase in

exports of services was $2.9 billion or

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