Summary of U.S. export and import merchandise trade

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Material Information

Title:
Summary of U.S. export and import merchandise trade
Series Title:
FT-900
Physical Description:
v. : ; 28 cm.
Language:
English
Creator:
United States -- Bureau of the Census
United States -- Bureau of the Census
Publisher:
Dept. of Commerce, Bureau of the Census, Foreign Trade Division for sale by the Subscriber Services Section (Publications), Bureau of the Census
Place of Publication:
Washington
Creation Date:
March 1974
Frequency:
monthly
regular

Subjects

Subjects / Keywords:
Commerce -- Periodicals -- United States   ( lcsh )
Genre:
federal government publication   ( marcgt )
statistics   ( marcgt )
serial   ( sobekcm )

Notes

Citation/Reference:
American statistics index
Dates or Sequential Designation:
1974-1976.
General Note:
At head of title: 1977- United States foreign trade.
General Note:
Formerly classed C 56. 210:900 - during the time the Bureau of the Census was subordinate to Social and Economic Statistics Administration.
General Note:
Issues prior to Oct. 1977 were sent to depositories as Item 144.
General Note:
Unnumbered supplements accompany some issues.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 001209840
oclc - 02245761
notis - AFW0105
lccn - 76640395
issn - 0361-0047
sobekcm - AA00005271_00003
Classification:
lcc - HF105 .B73e
ddc - 382/.0973
System ID:
AA00005271:00003

Related Items

Preceded by:
United States foreign trade; export and import merchandise trade
Succeeded by:
United States foreign trade. FT900, Summary of U.S. export and import merchandise trade

Full Text
C5.&.,l: 9oo -14-5


SUMMARY OF U.S. EXPORT AND

IMPORT MERCHANDISE TRADE


MARCH 1974


FT 900-74-3


UNIV. OF- FL LI.
DOCUMENTS DEO

0 -- ..


U.I. DEPOITORY


-4


..^^^^ -- -9


April 26, 1974
10:00 A.M,


Seasonally Adjusted and Unadjusted Data


The Bureau of the Census, Department of
Commere, announced today that during (larch
1974, seasonally adjusted exports excluding
Department or Defense (DOD) Military Assist-
ance Program Grant-Aid shipments, amounted
to $7,673.9 million I/g/ and that seasonally
adjusted general imports for March amounted
to $7,845.2 million.1/2' Comparable season-
ally adjusted totals for February were
67,605.5 million for exports and S7,392.4
million for imports.

The Bureau, part of the Department's
Social and Economic Statistics Administra-
tion (SESA), noted that based on the above
seasonally adjusted figures, a merchandise
trade deficit of $171.3 million 2/ was
recorded for March, the first deficit since
June 1973.

Seasonally adjusted imports on a
c.i.f. (cost, insurance, and freight) value
basis for March amounted to 58,376.b
million. J/J/3/ The merchandise trade
balance computed by substituting the c.i.f.
import value for the regular (Customs)
import value and using the same export
value, which is on a f.a.s. (free alongside
ship) U.S. port-of-exportation basis, would
amount to a deficit of $702.7 million.1/2/i'

The Bureau also stated that March
seasonally adjusted exports (f.a.a. basis)
and imports (Customs value basis were the
highest on record. Exports exceeded the
previous high month (February 19"7) by $68.4
million. Imports exceeded by t452.8 million
the previous high month of February 1974.

During the first quarter of 1974
(January-March), exports on a seasonally
adjusted basis were at an annual rate of
$19,562 million, or about 27 percent higher
than the calendar year 1973 total of $70,798


million. Seasonally adjusted impcqtj' ,"
ICustoms value basis) for the pert6J5e at
an annual rate of 886,819 million a eel
aojt 26 percent higher than the
year 1973 total of ,121 mi Lllo w 'i

For the 4-month period, Decem 6.
March 197.4, seasonally adjusted exp sT
averaged $7,336.0 million per month, i ]e4
about 13 percent above the 86,478.2 milM l
moratnly average reported for the preceding-4
4-month period, August-November 1973.
General imports averaged 6,91.7.2 million
per month for the current 4-month period,
about 15 percent above the monthly average
of 3t,052.2 million reported for the pre-
ceding 4-month period.

Seasonally adjusted and unadjusted
export and import totals for selected
Schedule A and B commodity sections and
divisions are shown in table 4, "U.S.
Exports of Domestic Ilerchandise--Schedule B
Sections and Selected Divisions (f.a.s.
value basis'"; table 5A, U.S. General
Imports--Schedule A Sections ICustoms value
ba-isl"; and table 5B, U.S. General Imports-
-Schedule A Sections Ic.i.f. value basis)."
'c:mmnodity components for exports exclude
foreign merchandise, but DOD Military
Assistance Frogram Grant-Aid shipments are
included.

Exports unadjusted for seasonal change
and excluding Military Assistance Program
Grant-Aid shipments increased from $7,298.2
million in February to $8,519.6 million in
March. With Military Assistance Program
Grant-Aid shipments included, March exports
were valued at $8,547.3 million as compared
to $7,340.i million in February. Unadjusted
general imports amounted to $6,692.3 million
in February and $7,823.2 million in March.


'AdlIead for asim f and orading-dav irnarr n, bur nolt tor Cpie iecrl Fa fto ui.ed re ajiu.t 1913 a~l 19 Jars ia~n .1 r, reoOrt reornse
sasful adptrntit Ittronr dermed frm. nmonthly ara Ihrt.ug 19)3 andla produced .n..,una.y 1.9/4 omne.n .m na ue apr,,r.dl .nornJlay
ad4srnent lcara.
'Canmulionst of datr oer at tear 4 monnh pr-no ds 3e cresiadv to ,det.-t. u-a ,rl,.ng tr.ne; Moinl.1 mn month cha InIlt e, pott reportt and
amdl reie olst nrenri p lnmanlay terrcgul-ar mo;entnls dt'ernn s n nminthli ejrra.ro nt Re 1t m onrlh q.nmo.t, p.- cPn l C.j. n rth oF.e. a
af laroaly adopted ePon and 'tmpaor L es a prefsend n se fall an..-i table n.th a er'. percent mtonrl monrm rsr je ala .e o.r' longer
feplaVId w for ciam ralir. The as erIs rine and dcnle I.gurs erxlude pernre rcIa igeIs o'r I It per.oss Deprmbr 196I Marrn 1969 and
JIt-Damb enr 1971 Itau of aniarmlitres an the dra due to ettaet of docr series and [21 perods snin nEirgnpbe changIe (Ifropertenrl in the
Idel oif asormtmparn occurred:

ontli-to-annth Aerane nor.thly rF.te of ct r.ge

Lerie. Feb.-MaLr. Jma.-Feb. Dec. 1973- Mlov.-oec. Average Average 4 artnlhel 12 Imt.
1974 1974 Jan. 1974 1973 rise decline Nov. 1973- Mar. 1973-
1968-1973 1968-1973 Mar. 1974 lar. 1974
(Percent) (Pe'Pert) (Pecenal (PercentJ (Percentl) (Percent I tPercent) (Percent)

prltf ........ 0.9 .,1.0 +2.3 +1.2 3.9 -3. *2.9 ,*,1
Ilpo~t....... *.1 424.3 -8.2 3.7 -. 2.7 ,4.6 ,J 3
'Am doBltph r an of Sal'laflt n of 0S1 'paeanhru ens of inesi arno and iknomnrr vues and rirad aisana


'lena.


Inmim Onmm aning the fglm eould be addrsed to the Chmf. Faoregn Tradn Dnrean. Bureu of dhe
Canus. WihmiC me. DC 20233 Tel Am Code 301. 176-140.

U.S. DEPARTMENT OF COMMERCE Social an Economc Smlal.cs Acdmn.,na.alo BURE Au OF T.E CEhSu&
For mIa b lre rualebmlclon DOisirburlan Section Social anr Economic Sutt-llca Aainlrutre, n. WahingTon. D C
20233L Prie 10 cme p r copy Arral subaccrel.on IFT 900 975 98 and 986 coma.nei l s3100


Jwp'


i I-







EXPLANATION OF STATISTICS


Import Statistics

General Imports/Imports for Consumption

The official U.S. import statistics are compiled by the
Bureau of the Census from copies of the import entry and
warehouse withdrawal forms which importers are required
by law to file with Customs officials. The statistics are
presented m terms of both "General Imports" and "Imports
for GOhsbflption." General imports are a combination of
ent fiir'nimptediae consumption and entries into Customs
b&nd warehouses and thus generally reflect total arrivals
" bf merchandise.J .fiprts for consumption are a combination
S.of entries for imerfeiate consumption and withdrawals from
Warehouses for ca~uimption and thus generally reflect the
*" 4 4 of the comdigflities entered into U.S. consumption
b channels. .

*. ...' a
*'P ; ... "., kthport Valuation'

Customs Import Value

The value of imports as appraised by the U.S. Customs
Service in accordance with the legal requirements of
Sections 402 and 402a of the Tariff Act of 1930, as
amended, is referred to as the Customs value. It may be
based on the foreign market value, export value, con-
structed value, American selling price, etc. It generally
represents a value in the foreign country, and therefore
excludes U.S. import duties, freight, insurance, and other
charges incurred in bringing the merchandise to the United
States. This valuation is primarily used for collection of
import duties and frequently does not reflect the actual
transaction value.

CIF Import Value

The c.i.f. value represents the value of imports at the rust
port of entry in the United States. It is based on the
purchase price and includes all freight, insurance, and other
charges (excluding U.S. import duties) incurred in bringing
the merchandise from the country of exportation and
generally placing it alongside the carrier at the first port of
entry in the United States. If the merchandise was acquired
in a transaction between related parries, the purchase price
used m deriving the c.i.f. value is based on an arm's-length
equivalent transaction pnce, i.e.. a price which would exist
between unrelated buyers and sellers.


Import Monthly Carryover

It is the objective of the compiling procedures to include
shipments, insofar as practicable, in the statistics for the
actual month of importation. However, for purposes of the
statistics the month of importation is based on the date of
the import entry or warehouse withdrawal document. This
may not in all cases correspond to the actual month of
importation. (For example, under the Customs

'Values hawe not been adjusted for changes in pnce level.


"immediate-delivery" procedures, importers may file the
import entry up to 10 workdays after the actual date of
importation.) Also, because of processing problems (e.g.,
late receipt of a document for an end-of-month shipment,
rejection of a shipment by the computer because the data fail
to meet certain edit criteria established to protect the
accuracy of the statistics, etc.), there is an overall average
carryover of about 7 percent (in terms of value) of the
shipments from the reported month of importation (based
on the date of the import entry or warehouse withdrawal
document) to a subsequent month, usually the succeeding
month. In addition, as a result of the aforementioned
Customs "immediate-delivery" procedures, there is a further
carryover of presently unknown magnitude from the actual
month of importation to a subsequent month. These
limitations should be borne in mind when making
month-to-month comparisons.

Cumulations of data over at least 4-month periods are
desirable to identify underlying trends. Month-to-month
changes in imports, exports, and similar series often reflect
primarily irregular movements, differences in monthly
carryover, etc.


Export Statistics

Exports of Domestic/Foreign Merchandise

Exports of domestic merchandise include commodities
which are grown, produced, or manufactured in the United
States, and commodities of foreign origin which have been
changed in the United States from the form in which they
were imported, or which have been enhanced in value by
further manufacture in the United States. Exports of
foreign merchandise include commodities of foreign origin
which have entered the United Stales as imports and which,
at the time of exportation, are in substantially the same
condition as when imported.

Export Valuation'
FAS Export Value

The value reported in the export statistics generally is
equivalent to a f.a.s. (free alongside ship) value at the U.S.
port of export, based on the transaction pnce, including
inland freight, insurance and other charges incurred in
placing the merchandise alongside the carrier at the U.S.
port of exportation

Export Monthly Carryover
It is the objective of the compiling procedures to include
shipments, insofar as practicable, in the statistics for the
actual month of exportation. For purposes of the statistics,
the month of exportation is generally based on the date
when the shipment leaves the United States. (For vessel or
air shipments it is the date when the carrier departs or is

Values have not been adjusted for changes in price level.







cleared from the port of export.) However, as indicated
above for imports, because of processing problems (e.g., late
receipt of a document for an end-of-month shipment.
rejection of a shipment by the computer because the data fail
to meet certain edit criteria established to protect the
accuracy of the statistics, etc.), there is an overall average
carryover of about 5 percent (in terms of value) of the
shipments from the actual month of exportation to a
subsequent month, usually the succeeding month. These
limitations should be borne in mind when making
month-to-month comparisons.

Cumulations of data over at least 4-month periods are
desirable to identify underlying trends. Month-to-month
changes in imports, exports, and similar series often reflect
primarily irregular movements, differences in monthly
carryover, etc.

Merchandise Trade Balances

Two trade balances are presented in this report:

I) The balance between exports based on f.a.s. values
and imports based on Customs values.
2) The balance between exports based on f.a.s. values
and imports based on c.i.f. values with adjustments for
imports from affiliated sellers abroad to reflect arms-length
equivalent prices.

Both balances are useful for certain purposes. The first
balance is comparable to the U.S. trade balances published
in the past, and permits comparisons with earlier data. The
second balance is based on concepts similar to those used by
most foreign countries, and therefore provides a reference
for comparison with the trade balances published by those
countries.

Neither of these balances corresponds to a measurement of
the international payments or credit flows resulting from
trade between the U.S. and foreign counties. In the first
balance, exports are valued f.a.s. and reflect transactions
prices, while imports are valued according to Customs legal
requirements. In the second balance, imports include freight
and insurance charges, even those paid to U.S. firms, while
exports which are valued f.a.s. exclude freight and insurance
charges even if they are earned by U.S firms Furthermore,
imports from affiliated foreign sellers are revalued to
arms-length prices, while no such adjustments are made for
exports.

Effective with the statistics for January 1975, the balance
using import data based on Customs valuation will be


3
replaced by one calculated on a consistent basis with both
exports and imports based on f.a.s. transactions values. At
that time comparable data for 1974 will be available.


Revisions to the Statistics

Revisions are carried into the statistics on a periodic
basis. Data for 1973 and 1974 appearing in the 1974
monthly issues of this report are presented as follows:

1974 Statistics

a January through November 1974 issues: figures are as
originally issued, except as noted below.
b. December 1974 issue: figures reflect revisions for
prior months of the year issued with December 1974
statistics or earlier, as noted below.

1973 Statistics

a. January through May 1974 issues: figures reflect
revisions issued with December 1973 statistics or
earlier.
b. June through December 1974 issues: figures reflect
revisions to 1973 data issued with June 1974 sta-
tistics or earlier.

In addition to the revisions which are made on a periodic
basis. instances may occur where a significant error in the
statistics for a month of the current year is discovered after
the statistics for that month are compiled. If the error is of
sufficient importance to require correction prior to the time
that the regular revisions are carried, the correction is made
and so noted m this report.




Sources of Further Information

Additional information regarding foreign trade statistics
coverage, valuation, etc., is contained primarily in the
following publications. Report FT 990. Highlights of U.S.
Export and Import Trade; FT 135. U.S. Imports, General
and Consumption, Schedule A Commodity by Country, FT
410, U.S. Exports, Schedule B Commodity by Country: and
the Guide to Foreign Trade Statistics. Information regarding
additional sources of statistics, the methodology used in
seasonally adjusting the data, and other matters relating to
foreign trade statistics may be obtained from the Bureau of
the Census, Washington. D.C. 20233.








Table 1. U.S. Exports, General Imports, and Merchandise Trade Balance, Adjusted for Seasonal
and Working-Day Variation, by Month


Part A Exports (l.a.s. Value Basis) and General Imports (Customs Value Basis): January 1973 to March 1974

IIn mllhons oi dollars See Explanalon of Statstics foi inlonnoraon on coverage and definitions of export and imprt values and trade balances. All dat shown or 1973 and 1974
reflect seasonal adjustment factors introduced in January 1974)

Per- .... Ja.nuary- e--, F e. -ee-
ser'iesn Jnuar January February March April May June July August a October oa- Dee-


1973

Exporta'............. 15,333.8 4,954.8 5,070.5 5,308.5 5,491.6 5,557.3 5,723.6 5,859.9 6,044.3 6,413.7 6,584.0 6,870.6 6,953.5
Customs import value. 16,136. 5,243.9 5,482.1 5,410.5 5,355.6 5,700.0 5,765.2 5,821.2 5,991.4 5,621.3 5,968.6 6,627.5 1,08l.9
Merchandise trade
balance............. -802.7 -289.1 -411.6 -102.0 +136.0 -142.7 -39.6 *38.7 -52.9 t792.4 .615.4 +243.1 -869.6

1974

nport a............. 22,3.0.4 7,111.0 7,60..5 7,673.9
Customa Lmport value. 21,704.8 6,467.2 7.392.4 1,845.2
Merchandise trade
balance ............. ..4t.6 .643.8 -213.1 -171.3

'Represents exports of domestic and foreign merchandise excluding Department of Defense Military Aslastence Program Grant-ALd shipments.


Part B. Exports (f.a.s. Value Basis) and General Imports (c.i.. Value Basis): January 1974 to March 1974

tin muihorn ol dollars. See Explanation ol Stat.SLc for inionnauon on courage and defirmuons of export and import values and trade balances. Al data shown ror 1973 and 1974
relec seasonal adjustment factors introduced n January 1974)

Period and January- septem- gover- Decent-
Period sad January- Jaa.ry Februar) March April May June July August Be em- October ove- Dea
aer ies IMarcb ber bar her

1974

LEports' ............. '2,J- ]., 7,111.0 7.605.5 7,?67.9
C.I.f. Import value.. 2j,2.1.7 6,945.6 7.902.i 8,376.b
Merchandise trade
balance............. -8)L.. -165.4 -297.0 -'02.7

'Represents exports of domestic ana foreign nerchandiae excluding Department of Defense Military Asslstance Program Grsnt-.ld slplmets.











Table 2. U.S. Exports (f.as. Value Basis) of Merchandise Showing Department of Defense (DOD) Military

Assistance Program Grant-Aid Shipments, by Month: January 1973 to March 1974

(ZI slilloms of dollars. See Baplanatlon of Statistics for information on coverage arad a derfiition of Lf.a.s.) export value. Unadjusted totals
represent aum of unrourded figures son hence may vary slightly from sum of rounded amounts)

Exports eacluling DOD Exp..rtl inclung D Grant-Ad'
Grant-Aid DOD Grant-ALd


Period D rlid Donestic Domestic
n and Domestic, and Do-st1kc, WTol cstem Other
e n foretn, unadjusted rarircgn, undJdstcd T l urope countries
adj unusused t un'adusted


1873

January-December..................... ...... () 70,798.4 69,707.4 71,314.0 70,223.0 515.6 185.5 330.1

January-March .............................. 15.333.8 15,520.2 15.29B.8 1,,651.6 15,.L7.1 131.3 44.5 86.9


January..... ............ ................. 4.954.8 4,731.8 4,662.3 4,773.6 4,704.1 41.8 19.9 22.0
February.................................. 5,070.5 4,866.2 4,796.6 4,902.9 4,833.4 36.6 9.1 27.5
March...................... .............. 5,308.5 5,922.2 5,826.9 5,975.1 5.879.8 52.9 15.5 37.4
April...................................... 5,491.6 ,5560.8 5,456.8 5,596.1 5,492.1 35.3 10.9 24.4
May........................................ 5,557.3 6,020.8 5,924.8 6.081.8 5,9.5.8 41.0 12.1 28.9
June................ ...................... 5,725.6 5,857.9 5,754.4 5,896.4 5.792.9 38.5 14.8 23.8


July. ....................... .......... 5,859.9 5,326,1 5,244.4 5,392.2 5,310.p 66.1 39.0 27.1
August................. .................... 6,044.3 5,787.4 5,661.1 5,819.3 5,711.0 31.9 7.9 24.0
September................................. 6,413.7 5,959.0 5,879.9 6,015.6 5,936.5 56.6 18.7 37.9
DOctoblr............... .................... 6,584.0 6,749.3 6,633.9 6,783.5 8,668.1 34.2 6.0 28.2
November .................................. 6,870.6 7,091.1 7,001.3 7,127.7 7,037.8 36.6 6.5 30.1
December.................................. 6,953.6 6,925.7 6,842.0 6,969.7 6,886.0 44.0 25.2 18.8

1974

January-March.............................. 22,390.4 22,61.9.4 i2,36.,.s 22,761.0 22,.7,5.0 111. b ,0.7 70.

January........... ........... .............. 7.111.0 6,631.6 6,750.4 6. 73.6 6,792.5 42.1 14.7 27.3
February.................................. 7.605. 7,298.2 7,206.9 7.340.1 7,248.7 41.9 16.3 25.6
March .............................. ... .. 7 ,673.9 8,9 19.t 3,40t..2 B,?.j.? 8,~3.8 .7 9.7 1B.O

May ........................ ........ ..
Ju ... .................... .

July. ................................. ....
Au u' I e h ........ .... .............. .. .
Sepiember..... ....
Oc t ber............................... .
\orreiber............. ...............
Dccember...... .........................

Adjusted for Eaasonal and working-asy variation using eiasonal ,uajtm.irrt reactors tr roducea in January 1974. See frotnore I on front page.
"Represents only export shtieents from the United iSttes and lldfer from DOU Milltary A.sistar.ca Program Grant-Aid shipment figures under this
program as follows: ra) Transfers of the material procured outside tne United States and transfers from DOD overseas stocks from export shlpsenta.
(b) Export value Is f.a.s., whereas DOD value, In most Instances. It (..c... point of Grtglr. (c) Data for 6htprents reported by the DOD for a iven
month are included In Bureau of the Census reports In the second month subsequent to the month reported bv the DOD.
'Anatal total Is nor shbon for seasonally adjusted data. Unaojusted data snould be used for cmnual totals.















Table 3. U.S. Imports of Merchandise, by Month: January 1973 to March 1974

(In millions of dollar See Explanation of Statistics for information on crcrge and dcfintions of Customs and c.i f import values. Unadjusted toals represent sum of unfounded
figure ind hence may vary lighrly from sum of rounded amounts)

U.S. Imports of merchandise

Custonsa value C.l.f. value
Period
General Imports Imports General Imports Imports
for for
Seasonally nadj cor.sumpti Seasonaily adjusted conumpto
adjusted ndjusd unadjusted adju sedd unadjusted


1973

janu.ry-December....................... f.' 69,12i.2 68,656.0 i) i') ( ()

January-March. .. ..................... 16,136.5 15,965.4 15,883.1

January....................... ..... 5,213.9 5,10G.3 5,351.7
February ............................... 5,162.1 *1,'9.O 4,942.5
Marcn ................... ........... 5,4 0.5 5, .00.9 5,588.9
April.................... .............. 5,355.6 5,348.6 5,288.8
lay .......... ......................... 5,700.0 6,033.4 6,009.8
Tune.... ........................ ..... 5,765.2 5,900.7 5,846.4

July ........................ ....... 5,21 .2 5,651.6 S,591.7
August ................................ 5,991.4 5,997.4 5,908.8
September .................... ..... 3621.3 5,286.3 5,280.7
October ................................ 5,968.6 6,373.3 6,303.6
No mber....... ....... .... .......... .. 6,627.5 6,787.2 6,781.6
Decre ber........ ...................... 6,083.9 5,777.3 5,761.7

1914

January-March..... .................... 21,704.8 2'l,i5.0 J,119. 23,2.. 22i,64S.7 22,388.5

January................... ...... ... 6,467.2 6.649.6 6,505.7 6,945.6 7,141.5 6,989,1
February............................. 7,392.1 6.692.3 6,689.4 7,902.5 7,154.1 7,143.5
March............................... 7,4.2 7,8J.2 7,72..6 8,376.6 e,353.1 8,256.0
April l........................... .
Jul ............................. ..

Augu ..... .................
Jy.p...br.........................
Ausat ........ ... ......... ...........
Oepctober ............................
Or r be ...... ............. .......
November............................
December.............................

'Adjusted for seasonal and working-day vrrlation using seansnnl adjustment factors introduced In January 1974.
'Ajnnal total Is not shoin ror seasonally adjusted data. Unadjusted data should be used for annual total.
'C.1.f. data not collected prior to January 1974.












Table 4. U.S. Exports (fa.s. Value Basis) of Domestic Merchandise Including Department of Defense (DOD) Military
Assistance Program Grant-Aid Shipments--Schedule B Sections and Selected Divisions. Seasonally Adjusted and
Unadjusted, by Month: January 1973 to March 1974

(In millions of dollars. See Explanation of Statistics for infornrator. on coverage and a definition of (f.a.a.) export sale. Unadjusted total
represent sum of unro.r.red figures ana hence T-y ary sllgnLly iron aum oi rIounded alountsI

Schedule aB sections anda elected dluiason.
Period
0 I 2 3 4 5 6 7' 71 72 71 8 9

Seasonal ly ja.ut .ra'

1973

Jsnuary-Marcth........... 2,161.7 262.7 2,002.i 382.1 '149.a 1,224.3 1,466.0 6,286.6 2,696.4 1,124.8 2,446.4 868.6 *397.2

January ................. 672.8 78.8 579.4 126.7 '4.10 40.1.2 494.6 2,099. 1 95.B 1368.2" 764.8 290.1 1118.9
February............. .. 703.3 96.4 666.1 128.9 '4.8 399.7 4'6.6 2.091.? 9u3.8 376.9 623.9 286.6 '132.6
March.... ............. 7It .6 67.5 756.6 16.5 '61.0 120.1 491.6 2,01. 7 dlG.e 379.7 859.7 291.9 '145.7
April............. .... 110.2 91.2 646.3 I 139. '3*.1. 43.j. I .17.n 2,11:.l 0.10.7 363.; 809.5 315.7 1i86.4
piy..................... 834.9 73.7 72i.6 12 ..9 '51.1 414.5 5.14 .1 2,70.1 972.2 411.7 904.8 325.3 '146.7
June...... .. ........ 941.6 60.1 6I7.1 137.3 458.9 1465.6 5G0.5 2.249.3 971.4 410.9 881.5 335.3 '171.1
July.. ........ ..... 978.4 81.9 6;1.9 I16.O 6.91 461.8 549.' 2.,29i.6 1,045.5 422.3 619.7 328.3 '193.2
August.... ............. 1,243.8 80.7 639.3 134.9 59.6 501.5 610.7 2.302.9 1,013.3 437.3 828.6 330.1 '126.8
September............... ,233.0 81.6 624.6 112.2 :66.2 531.1 693.8 2.134.6 1.095.7 448.7 967.6 349. '147.7
October.... ............ 1,185.2 88.1 723.6 160.6 '59.1 43.3 696.0 2,571.8 ,1.15.2 463.2 957.3 365.3 '163.8
hovember............... 1,253.7 91.1 796.3 153.8 '61.4 599.9 739.1 2.64).7 1,113.0 467.0 1,052.5 373.3 '178.6
December.... ......... 1,259.0 77.3 61..4 174.7 477.6 562. 730.9 2,665.6 1,126.2 462.7 1,048.7 365.1 '150.2

1974

January-arch.... ... 3,625.5 31U. 2,8-3.7 .. Z1.u 32,2',) 22,77.., ,29.7.1 3,I 0.2 i,593. 7 1,'. 1l,;2.5 F ., 456.1

January................ 1,180.4 113.5 819.6 165.7 '73.7 627.9 789.4 2,684.6 1,171.6 518.9 917.3 390.0 '184.1
February........... 1,211,3 112.7 996.6 215.4 '96.5 675.9 828.6 2,821.8 1,180.5 523.5 1.135.2 40W.2 *174.2
March................... 1,233.8 8 l.6 1,027.5 1 2.I. 1 0.9 t61.5 ,'4. ,,788." ..1 i 1.i 1,0C .0 J.5 Mi. -
April ..................
Ma ..... ... .
June. ....................
July...... ........
August....... ........
September..............
October................
Nover.ber...............
December .............

Unadjustco


1973

January-Deceerber........ 11,930.8 1,008.5 8,383.6 1,6701. 681.0 5,718.3 1,161.3 2,011.7 12.09q.0 5,030.7 10,712.1 3,950.7 1,643.5

January-arcn.............. 1, .0 2. 25.8 2,68. 333.1 149.8 1,234.3 i,421.2 6,50O.0 2,757.0 l,131i. 2,69..0 871.6 397.2

January.... ...... .. 690.3 62.4 5A4.6 101.2 14.0 36 .8 476.8 1.3.5l 68,52.3 369.7 733.4 275.1 118.9
Febrary....... ...... 672.3 74.5 663.1 106.7 44.8 364.1 456.0 2,0 -6.4 h70.6 352.4 803.3 270.8 132.6
March.. .................. 605.3 78.' 840.1 121.2 E1.0 111.1 534.1 2,526.1 1,031.1 409.7 1,082.3 325.7 145.7
April..... ............ 768.6 74.8 717.3 142.0 3h.0 413.7 565.5 2,249.7 971.3 389.6 88S.8 324.3 168.4
May................ 834.7 64.4 778.9 1l1.0 54.4 460.1 576.9 2,568.2 1,034.1 439.3 1,094.8 334.7 146.7
June..................... 930.0 73.1 E16.3 137..I 5 .9 47i. 5187.0 2,317.1 1,014.7 413.8 858.6 345.4 171.1
July.................... q07.4 72.1 563.7 131.3 598.9 167.A 156.6 2,049.. 985.3 39'.6 666:.4 3ri8.9 193.2
Au;gstI........... .... 1,216.7 77.3 358.9 151.1 9.6 516.5 60 7.5 2,017.6 968.0 414.1 665.4 331.0 126.8
September.......... ... 1,191.0 92.9 506.3 121.6 66.2 505.6 648.8 2,319.4 1,003.6 429.9 885.8 336.9 147.7
October................. 1,216.0 110.6 719.8 177.1 59.1 553.1 709.2 2,5l1.0 1,14?.8 489.1 919.0 376.5 163.8
November.. ........... 1,385.2 128.7 692.2 1.6.2 61.4 566.9 731.3 2,564.0 1,Os6.6 466.1 1,009.3 373.3 178.6
December .......... .... 1,293.1 94.3 85i.2 175.0 77.6 544.6 701.4 2,647.5 1,115.6 459.0 1,074.9 346.1 150.2

1974

January-March....... .1,612.1 257.1 2,96i0.i5 -.. 3 271.0 1,q89." 2,486.1 8,676.1 ,t?7'0.5 1,605.3 3,350.3 1,:3).1 556.1

January.................. 1,198.1 90.8 854.0 144.2 73.7 604.6 7.6.3 2.515.5 1.118.9 521.5 873.1 371.3 184.1
February................ 1,156.8 87.2 992.6 178.6 96.5 650.2 795.5 2,734.3 1,136.6 489.5 1,107.9 382.9 174.2
March..... ....... .... 1,257.3 .1 1,11i.8 16i6.6 100.9 3.8 9]-.. 3,3t6.3 1,.4.B 5-.)j 1,37.) 47 7. 1i?.
April. .................
May.................
June....................
July....... .....
August ................
Septelnier.........
October............
ovemn er ...............
December...............

2Schedule B section and selected division descriptions are as follows;

0. Food and live arlrals 7. MacrLnry r, i n tran prt equLp-ent
1. Beverages and tobacco 71. MLrchin.rv. other than electric
2. Crude materials, Inedible, except fuels 7?. Clectrlcal machinery, apparatus, and appllanrea
3. Mineral fuels, lubricants, and related materials 73. Traunsprt equiplter.t
4. Anlmal and vegetable oils and fat. 6. Miscuilanvau. manufacturer article., n.e.c.
5. Chemicals 9. ComJnaliies nad transactions not classilied accorair.g to kind
6. Manufactured goods classilled chiefly by material
'Seasonally adjusted figures for sectIon 7 nay differ slightly from the -ntm of alu l-lnn 71,72, ana 73 since each is Inaependentl adjusted.
'Adjuaced for seasonal and eorklnl-asy variation using seasonal adjustment factors introduced in Janua.r 1974. epe footnote 1 on front page.
Annual totals are not showvr for seasonally adJustea data. Unadjusted data should be used for annual Lotals. The adjusted section totals In
this table and saimlar overall monthly totals in tables 1 and 2 were adjusted independently.
415 Ule absence of demonstrable seasonal patterns for la section, stn nseasonsl adjustment factors have been appiieo to oate.











8



Table 5. U.S. General Imports Schedule A Sections, Seasonally Adjusted and Unadjusted by Month:
January 1973 to March 1974

Part A. Customs Value Basis

(In mlldons of dollars. See Erplanlion of Stalistics for information on coverTae and a delmniion of Customs viluc Unadiused loutas represent aum of unfounded figuraand hence
may vary slightly from sum of rounded amounts)

Schedule A sections'
Period
0 I 2 3 4 5 6 7 9

Seasonally adjusted'


1973

januar-Marchb....... 1,8J1.9 281.6 1,181.4 1.504.9 '40.3 568.9 3,277.9 4,958.4 1,976.4 '442.8

January.............. 1.9 104.6 389.4 167.0 '8.8 184.8 1,061.4 1,612.3 639.7 1l62.8
Februry............ 618.4 88.2 396.8 500.5 s6.f6 198.2 1,144.9 1,672.9 677.6 '128.7
Marrn................ 631.6 88.6 393.2 537.4 '14.1 185.9 1,068.E 1,673.2 659.1 '151.3
prl. ................ 630.1 101.0 413.5 533.0 '13.6 194.0 998.2 1,648.8 652.1 '141.4
May.................. 700.4 101.3 410.3 629.9 '15.8 196.5 1,071.6 1,737.8 666.6 '131.6
June................. 646.8 91.8 426.7 635.1 '19.6 206.7 1,008.8 1,840.3 676.4 160.9
July................. 619.9 i04.3 417.0 587.9 '18.9 202.9 1,166.1 1,866.4 683.5 '153.8
August............... 670.6 120.6 397.4 748.9 '23.5 203.7 1,141.7 1,905.8 700.2 '155.6
September............ 648.6 102.6 400.7 757.3 '21.2 208.3 1,022.4 1,695.5 674.9 '144.9
October.............. 6;9.1 101.0 447.6 782.6 '25.5 213.1 1,080.9 1,878.8 686.3 '160.2
Novsecber............. 837.2 103.5 473.2 1,005.0 '37.4 224.2 1,180.2 1,952.7 773.0 143.4
December............. 721.1 102.2 411.1 939.1 '38.5 225.8 1,150.7 1,521.3 681.4 '155.3

1974

January-arch....... 2,49qq.t, 1-.5 1,.84.7 .,451.q1 b 83.. 6-9.7 3).66.6 5,624.3 2,18,3. .3/ 470.4

Janu...r............ 719.0 96.5 424.2 1 192.7 '23.6 195.1 1.055.8 1,846.1 660.1 '144.6
February........... 808.0 100.1 452.7 1,592.9 '24.5 235.7 1,259.0 1,881.2 741.0 '155.1
Marn ................ q:2.. 11].9 507.8 1,i,66.3 1 '5.3 2a 8. 1,354.8 1,897.0 779.j3 / 170.8
Apr I.. ... ...........
May. ..................
June ..... ..........
Jul .................
Au ust ..... ...... ...
5cptemtoarr............
Octooer ..............
Noteember ............
D cenoc r.............

Unadjustea


1973

January-Deceber ..... 7,986.2 1,213.1 4,987.9 5,101.0 234.6 2,436.7 13,198.3 20,969.6 8,184.0 1,789.8

Janur, -March........ 1,.15.2 269.0 1,113.5 1,623.0 40.3 '81.8 3.168.3 ,5,052.6 11,858.8 442.8

Jaury........ .... 6i6.7 109.2 318.5 532.2 8.8 i 9.1 1,106.3 1,661.4 631.5 162.8
February............. 566.4 76.3 341.2 495.5 16.8 190.2 983.8 1,572.9 584.1 128.7
Maren............... 630.1 83.5 383.8 595.3 a4.7 202.5 1,078.2 1,818.3 643.2 151.3
April............... 6M8.5 98.9 39t.3 503.5 13.6 221.3 992.9 1,710.2 609.8 141.4
ay ................. 732.7 102.5 413.8 610.6 15.9 '13.1 1,179.2 1,954.4 649.7 131.6
June................. 627.1 97.3 453.1 604.3 19.8 208.8 1,114.0 1,918.1 697.1 160.9
July............... 598.9 94.4 431.3 354.9 18.9 185.8 1,192.7 1,700.7 720.4 153.8
AUr- ,............... 696.9 9.2 408.7 776.3 33.5 206.2 1,135.2 1,683.7 820.0 155.6
Sept.ber ............ 613.7 91.0 386.8 694.9 21.2 19.2 968.9 1,507.6 666.2 144.9
October ............ 707.0 128.0 490.7 794.7 25.5 206.1 1,136.0 1,943.9 781.3 160.2
November............. 809.0 127.0 478.7 908.3 37.4 216.2 1,239.6 2,055.2 772.2 143.4
Decemoer............. 725.3 113.7 383.0 1,030.5 38.5 208.2 1,071.3 1,443.2 608.3 155.3

1974

January-March........ 2,iL4.5 90.7 1,24.5 .,'rijl L 2,.3.4 6.) ),4.89.1 5,b69.4 2,018.1 470.4

January .............. 780.6 100.3 413.6 1,304.9 23.6 200.7 1,094.8 1,943.9 642.3 144.6
February........... 743.4 86.2 387.9 1,577.0 24.5 226.3 1,081.4 1,770.2 640.2 155.1
n.rcr................. 1 i0.. 48. .81.i9.6 262.3 1,3j2.0 i,184.3 735.6 110.8
Apr I. .............
Mia) .................
June ...... ........
Juil .................
Auiui ........... ...
meptea.er.........
Oc to er..............
,noveur r ............
December.............

'Schedule A section descriptorns are aa tollos:
0. io 10 ana live animal. 5. Ch-ciraal
1. beverraes and tobnt 'r, 6. Manufacturen goods-c lassileo chleily by material
2. Crude materials, snedille, except fuels 7. Mlchnery and transport equipment
3. Mineral i eis, luoricant., anu related material. 8. Miscellaneous manufactured articles, o.e.s.
4. Animal ard Iseetable oll ana fits 9. Com'natles and tranactlons n ot claassfled accordIng to kind
'Adjusted for seasonal ard sorklng-day vacation ulsng seaEona adjustment lactorj introduced In January 1974. See footnote I on front
page. Annual totals .re rot asion lor seasonally adjustca nata. Lnadjusted oala should be used for annual LOtals. The adjusted section
totais In this table ano similar overall ontniy morals in laoles 1 and 3 were adjusLed independently.
'In the absence of demonstrable seasonal patterns for this section, no seasonal .aJustment factors have been applied.









9

Table 5. U.S. General,Import Schedule A Sections. Seasonally Adjusted andUnadjusted. by Month:
January 1974 to March 1974


SPart B. C. i. Value Basis

On amilione of dollar. See explanation of statistics for mformanon on coverage and a definion ofc.i.f value. Unadiusted totals represent sum of unroanded figures and hence may
vary slightly from sum of rounded amounts)

Schedule A sections'
Period
0 1 2 3 4 5 6 7 S 9

Seasonally adjusteoa

1974

January-March........ 2,700.1 334.3 1,549.0 4,838.2 88.3 7...8 3,854.9 5,943.9 2,315.5 .' 486.6

January ............. 774.9 104.9 479.0 1.325.4 '25.2 211.8 1.108.0 1.943.9 703.7 '150.2
February ............ 872.2 108.2 504.0 1,730.4 '26.0 253.6 1,322.4 1,985.9 756.1 '160.3
March................ 1,053.0 121.2 566.0 1,782.4 2l 37.1 269.4 1,424.5 2,0.14 825.7 1 176.1
April..............
May..................
June.................
July. ...............
August...............
September............
OctoDer..............
Nove .ber.. ........
December .............

Unadjusted


1974

January-Marrb........ 2,629.4 316.0 1,442.8 5,109.4 88.3 745.3 3,665.1 6,022.4 2,143.4 86.,6

January................ 841.5 109.1 467.0 1,450.0 25.2 217.9 1,149.0 2.046.9 684.7 150.2
February.............. 802.4 93.2 431.9 1,713.1 26.0 243.5 1.135.9 1.868.7 679.2 160.3
March................. 985.6 113.8 543.9 1,946. 37.1 283.9 1,380.3 2,106.8 779.5 176.1
April................
May .................
June .................
July ................
August...............
September............
October..............
ovember............
December............

'Schedule A section descriptions are as follows:
0. Food and live anlinala 5. Cher.icals
1. Beverages and tobacco 6. Manufactured goods classified chiefly by material
2. Crude materials, ineoible, except fuels 7. Machinery and transport equipment
3. Mineral luela, lubricants, and related materials B. Miscellaneous nanufacturea articles, n.e.a.
4. Animal and vegetable oils and fats 9. Commodllies and transactions not classified according to kind
'Adjusted for seasonal and working-day variation using seasonal adjustment iaclors introduced In January 1973. See footnote I on front
page. Annual totals are not shown for seasonally adjusted data. Unadjusted data should be used for annual totals. The adjusted section
totals In this table and slimlar overall monthly totals In tables I and 3 were adjusted independently.
I1n the absence of demonstrable seasonal patterns for this section, no seasonal adjustment factors have been applieo.






U.S. DEPARTMENT OF COMMERCE
Social and Economic Statistics Administration
BUREAU OF THE CENSUS
Washington. D C 20233

OFFICIAL BUSINESS


UNIVERSITY F FLORIDA



POSTAGE AND FEES PAID
U S DEPARTMENT OF COMMERCE
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