Summary of U.S. export and import merchandise trade

MISSING IMAGE

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_00004
Classification:
lcc - HF105 .B73e
ddc - 382/.0973
System ID:
AA00005271:00004

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
, 210 c lo0 7 3/,-,.



SSUMMARY OF U.S. EXPORT AND
IMPORT MERCHANDISE TRADE

MARCH 1974

-- -- -- ----- --- UMIV. O FL LB. -----
FT 900-74-3 Supplement MEMT DE. April 26, 1974
S 10:00 A.l.


U.I. DEPOSITORY

This Supplement contains data on U.S. General Imports of crude
petroleum and selected petroleum products into the U.S. Customs
area and into the Virgin Islands, by month: January-March 1974,
and January to December 1973.

Also shown is country-of-origin information for November 1973-
February 1974 on imports of crude petroleum into the Virgin
Islands from foreign countries. At the time of the Department
of Commerce News Release of April 8 (CB 74-83) on crude petroleum
imports, the reconstruction of the previously restricted Virgin
Islands data had not yet been completed.

The regular U.S. import statistics published by the Bureau of the
Census reflect imports into the U.S. Customs territory, which
includes the 50 states, the District of Columbia, and Puerto Rico.
The Virgin Islands of the United States are not included in the
U.S. Customs territory.

As in the case of imports into the U.S. Customs territory, data
on imports into the Virgin Islands from foreign countries for
March 1974 and subsequent months will be presented on a curreiW'j fLO/
basis in full country-of-origin detail.




Inquiries concening these figures should be addessed to the Chief, Foraign Trade Division,
Census. Washington. D.C. 20233. Tel: Area Code 301. 763-5140.,,,

(f U.S. DEPARTMENT OF COMMERCE, Social and Economic Statistics Administration, BUREAU OF THE CENSUS
,\ For sale by the Publications Distribution Section, Social and Economic Statistics Adminstration. Washington. D.C.
20233. Price 10 ants per copy. Annual subscription (FT 900. 975, 985, and 986 combined) $3.00.
^mrr~c









EXPLANATION OF STATISTICS


The official U.S. statistics on imports 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 information as to country
of origin, net quantity, value and commodity classification is
verified by Customs officials on entries filed for transactions
valued over $250, which are ordmarily subject to examination
for Customs appraisement purposes. The statistics for each
month are generally released about 3 to 4 weeks after the end
of the given month.

The U.S. import statistics reflect both government and
nongovernment imports of merchandise into the U.S. Customs
territory which includes the 50 states, the District of
Columbia, and Puerto Rico. Imports into the Virgin Islands,
Guam, and American Samoa are not included in the U.S. import
statistics. Shipments to the United States from Puerto Rico,
the Virgin Islands, and other U.S. possessions are also
excluded. Separate data on imports of petroleum and petroleum
products into the Virgin Islands from foreign countries are
presented in this report. (Statistics on U.S.-Puerto Rican
trade and trade of U.S, possessions are presented in Report
FT 800 and in reference tabulations.)

The statistics on U.S. imports are presented in terms of
both "General Imports" and "Imports for Consumption."
General Imports are a combination of entries for immediate
consumption and entries into Customs bonded warehouses, and
thus generally reflect total arrivals of merchandise.
Imports for consumption are a combination of entries for
immediate consumption and withdrawals from warehouses for
consumption, and thus generally reflect the total of the
commodities entered into U.S. consumption channels.

The Customs value shown for U.S. imports represents the
value of imports as appraised by the O.S. Customs Service
in accordance with the legal requirements of Sections 402
and 402a of the Tariff Act of 1930, as amended. It may be
based on the foreign market value, export value, constructed
value, American selling price, etc. It generally represents
a walne 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 trans-
action value. Effective January 1974 the foreign trade
statistics contain import value data reported in terns of
ffals..r(betlongside ship) and c.i.f. (cost, insurance,
efiqi'r dt4ale, in addition to the Customs value data.
r val dark% for imports into the Virgin Islands
S from foreign c8 represent the dutiable value of the
Snerchandise in tUe .rin Islands.

' -Q1 It is the obJNtivJ of the compiling procedures to
include shipment7sinsofar as practicable, in the statistics
S 'fogr the actuar .ith-of import. However, for purposes of the
"'. l ty' tp mbont h of importation is based on the date of the
,iport entry or warehouse withdrawal document. This may not in


all cases correspond to the actual month of importation. (For
example, under the Customs "imaediate-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 U.S. imports of about seven percent (in
terms of value) of the shipments from the reported aonth of
importation (based on the date of the import entry or warehouse
withdrawal) to a subsequent mouth, usually the succeeding month.
(For Virgin Islands imports, the carryover is about four percent.
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 desir-
able to identify underlying trends. Month-to-month changes in
imports, exports, and similar series often reflect primarily
irregular movements, differences in monthly carryover, etc.

Additional information regarding the foreign trade statistics
may be obtained from the Foreign Trade Division, Bureau of the
Census, Washington. D.C. 20233.

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 Jane 1974 statistics
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 in this report.










3

Schedule A and TSUSA Commodity Numbers Used in Compiling the Information Presented in This Report

aEergy products Noneoerg products

Schedule A. No. TSUSA No. Schedule A. No. TmUSA No.

Crude and partly refined petroleum Lubricating oils
331.0120 475.0510 332.5000 pt. 475.4500
331.0140 475.1010
331.0210 475.0520, 475.0540 Lubricating greases
331.0220 475.1020, 475.1040 332.5000 pt. 475.5500, 475.6000
331.0230 475.3620
331.0240 475.6520 Paraffin and other mineral waxes
332.6220 pt. 494.2200
Gasoline 332.6240 494.2400
332.1000 475.2520, 475.2560
Asphalt
Jet fuel 332.9800 521.1100
332.2020 475.2540
Napthas not for further refinement
Kerosene 332.9920 475.3540
332.2040 475.3000
All other petroleum products (pitch
Distillate fuel oil of tar coke. nonitquid hydrocarbon
332.3020 475.0530 mixtures, and calcined petroleum and
332.3040 475.1030 coal coke not for fuel)
332.9700 pt. 401.6200
Residual fuel oil 332.9940 pt. 475.7000
332.4020 475.0550 599.8040 pt. 517.5100
332.4040 475.1050

Propane and butane gas
341.0020 475.1510, 475.1530
Liquid derivatives of petroleum,
.99 p.. 45.6.a.
332.9940 pt. 475.6540












































































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


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