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:
July 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_00011
Classification:
lcc - HF105 .B73e
ddc - 382/.0973
System ID:
AA00005271:00011

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




' SUMMARY OF U.S. EXPORT AND

II IMPORT MERCHANDISE TRADE


FT 900-74-7


. .\ 1: .O0 .M.
S.'


Seasonally Adjusted and U^f mata

The Bureau of the Oasus. Department of Commerce, During the first 7 months of 1974, seasonally
anenouned today that during July 1974, seasonally adjusted exports were at an annual rate of $94,145
adjusted exports, excluding Department of Defense (DOD) million, or about 33 percent higher than the calendar
Military Asaistanme Program Grant-Aid shipments, year 1973 total of $70,823 million. Seasonally
aimouted to $4,s307.2 million and that seasonally adjusted imports (Customs value basis) for the same
adjusted general imports for July amounted to $8,035.6 period, were at an annual rate of $95,830 million, or
M tLioh.'' Comparable seasonally adjusted totals for about 38 percent more than the calendar year 1973
Jum eL ee $8,356.7 million for exports and $8,612.5 total of $69,476 million. During the 4-month period,
ItUllMI tor Imports. April-July 1974, seasonally adjusted exports averaged
$8,131.9 million per month, a level about 11 percent
The Bureau, part of the Department's Social and above the $7,334.8 million average reported for the
1on1amt Statistics Administration (8ES4), noted preceding 4-month period, December 1973-March 1974.
that based on the above seasonally adjusted figures, General imports averaged $8,549.0 million for the
i arhaimdie trade deficit of $72B.4 million was current 4-month period, about 22 percent above the
"neadutid for July. For the first 7 months of 1974, $6,999.0 million average recorded for the previous
*.a;iaChlandle e trade deficit of $982.7 million was 4 months.
menOrded.
Seasonally adjusted and unadjusted export and
aieBonally adjusted imports on a c.i.f. (coat, import totals for selected Schedule A and B commodity
t Mi"' d, and freight) value basis for July amounted sections and divisions are shown in Table 4, "U.S.
: ti 8,88.4 million.1 The July merchandise trade Exports of Domestic Merchandise--Schedule B Sections
: I )Wdllgtemuted by substituting the c.l.f. import and Selected Divisions if.a.s. value basis);" Table
.., ),or the regular (Customs) import value and 5A, "U.S. General Imports--Schedule A Sections
.j. :i:ltu Besie export value, which is on a f.a.s. (Customs value basis);" and Table 5B, "U.S. General
.. '-it.aliibi:de ship) U.S. port-of-exportation basis, Imports--Schedule A Sections (c.l.f. value basis)."
"'e: A relitit in a deficit of $1,385.2 million.1s Commodity components for exports exclude foreign
' ..l"l merchandise, but include data on DOD Military Assist-
S!:: e. u W .epnll,.y adjusted basis July exports were ance Program Grant-Aid shipments.
".. -S lioin below the record high export total Exports unadjusted for seasonal change and
:"... se inl IA June. BHoever, seasonally adjusted excluding Military Assistance Program Grant-Aid ship-
AiilL advalvw ed to a new record high level, exceeding ments decreased from $8,327.5 million in June to
i e T.lit tl.aiure (the previous high) by $423.1 million. $7,655.9 million in July. With Military Assistance
..: i 1t... iJmatill ereents the first month that seasonally Program Grant-Aid shipments included, July exports
SalJiiimd lpr t on a OzCtoms value basis, have were valued at $7,695.7 million an compared to
*": "eiil *6.0 billion mark and Is the 8th consecu- $8,384.4 million In June. Unadjusted general imports
..""' t ldith that seasonally adjusted imports have amounted to $9,003.1 million in July and $8,556.5
'"" Beeded the comparable total for the previous month, million in June.
'Adliked tar meiard and awepkd, wirmien. our not tor prac lerr Facrs unsd to adasl F917 and a974 dira sfwnm n th, rrmp represnr
m mZml ianrenr cnrs deatd Iro monrfly data drouth 1 913 and mnrrodaced Juanury 1914 combined lw- mre awolrore worln.ey
2Qud.PnMi of .te oe. a r.inn...A.........-.......-... .... .. .


Pert to ta adenr
liot ove, at liver 4 ,nionrit ad: dew bit


.O rn'" "r p n.r.y Srwigulsr mtovwenn, 0r0i'IwNcesr mronnly rtyo*,rr. Ff. Ren montroonat l .lth r cr chaErm s ,n rhe a, rml
memn ianaInay s i iporl msn s arwe palenfad in O oloin tabe W average i nwA l n mond.m.ro.'nrn m era diclr one lon
painmi lton' r malnwia ie e eI rei und drecim le Isor Iude ecewrags changes lo III tie perods Dormnrbw S196Marrh 1969 end
Adm 19als 71 ca nnm ia leorl m de i* dme dues to etrn of dack lmAes and 1I puenod whe negliible cmagn lar perntl in ~

1" on0 h-Lo-month Aserage monthly rates of change

Sri" JU1ni-J.ly IMtY-Ju e Apr.-MUay r.-Apr. Average AIeraiea 4 montlb 12 months
1974 1174 1974 1974 rlu decline Mr.-Jul July J 973-
i' 1968-1973 1968-1973 1974 July 1974
(Percent) (PereantJ (P rcen ) IPercrn (P rc)rent) nr cent) (Percent)

ialpm ts ........ -0.6 40.5 -7.3 l7.3 .3.9 -3.9 .2.2 .3.1
iiEi' parta........ 4.9 r4.4 4.3 .3.8 3. -2.6 -S. .3.9
S r ef a P* drrmt st aipn taplkl ePrt fepor uln atl6tis of ae aspon and nosl kale and oed aalnces


f.. .la Inquiries concerning thase figures should be addressed to the Chief, Foreign Trade Division, Bureau of the
r'" .. Crnsus, Washington, D.C. 20233. Tel: Area Code 301, 763-5140.

:. JA UJS. DEPARTMENT OF COMMERCE, Social and Economic Statistics Administration, BUREAU OF THE CENSUS

For sale by the Subscribers Services Section (Publicationsl, Social and Economic Statistics Administration,
''illlll.... Washington, D.C. 20233, or any U.S. Department of Commerce district offices. Price 10 cents per copy. Annual
tibscription (FT 900 975,985, and 986 combined) S3.00.


U.S. DEPOMTORY


'OXw 4iuhi owes /sr /








EXPLANATION OF STATISTICS


Import S atii
4C nrion
General Imports/Iiports for Consm tion

The official U.S. import lsistics arq omptbeiby the
Bureau of the Census fAni copies of thf itpojeiptry and
warehouse withdrawal for s, which importers0a'erequired
by law to file with Csr V'' officials..' ThAtatistics are
presented in terms of both"'G er8g~iOA's" and "Imports
for Consumption." General impo s Wit a combination of
entries for immediate consumption'aild entnes 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.
Import 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 first
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 parties, the purchase price
used in denying the c.i.f. value is based on an arm's-length
equivalent transaction price, 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
"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.,

'Values have not been adjusted for changes m pnce level


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
The official U.S. export statistics are compiled by the
Bureau of the Census primarily from copies of Shipper's
Export Declarations which are required to be filed with
Customs officials, except for Department of Defense Mil-
itary Assistance Program Grant-Aid shipments which are
reported directly to the Bureau of the Census by the
Department of Defense. The statistics are reported as
exports of domestic or 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 States 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 price, 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:

1) 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 fows resulting from
trade between the U.S. and foreign countries. 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


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 cared into the statistics on a penodic
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 in this report.




Sources of Further Information

Additional information regarding foreign trade statistics
coverage, valuation, etc., is contained pnmanly 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 relatmg 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 (fas. Value Basis) and General Imports (Customs Value Basis): January 1973 to July 1974

(In millions of dollars Se Explanation of Statistics for information on coverage and definitions of export ann nport values and trade balances. All data shown for 1973 and 1974
rellrct sasonal adjustment factors introduced in january 1974)

Period sad January- 8ePta- Noven Decm-
seriesa Januay January February Mach April May June July August Octrober bva- Dea-


1973

Exporta'............ 37,984.5 4.95%.2 ,.70.3 3,311.0 5,493.7 .~,561.4 J,727.F 5.865.3 6,042.0 6,119.8 6,585.4 6,878.8 6,948.9
CuoLoe Import value. 38.807.6 3.24j1.. .,483.1 i.413.5 5.360.3 5.703.4 6,774.8 i,828.7 6,010.5 5.643.8 5.996.3 6,684.3 6.291.3
Merchandise trade
balance.... ........ -823.1 .28 F. -.112. -10S.5 .133.4 -142.0 -17.2 .36.6 .31.5 .776.0 .589.1 .194.5 .657.6

1974

Exports'............ 54.916.0 7,111.0 7,605.5 7,673.9 8.234.0 7.629.7 8.356 7 8,307.2
Customs Import value. 55,900.7 6.467.2 7,392.4 7,845.? 8.141.2 8,406.6 8.612.5 9,035 6
Merchandise trade
balance............. -982 7 +643.8 +213.1 -171.3 .92.8 -776.9 -255.8 -728.4

'Represents exports of domestic and foreign merchandise excluding Deparment oa Delense Military Assistance Program Grant-Aid shipments.


Part B Exports (las. Value Basis) and General Imports (cJJ. Value Basis): January 1974 to July 1974

ln million, o1 dollar. See Explanation of SLilst li lor Inlnrmalion on icosrae ind delinitions of epon and uiport j.lses and Irade balance, All data shown for 1974
reject seasonal adjustment factors introduced in January 19741

Period and Ja.nuary- January February March April May June July August tem- October oe De
series JutI ber ber ber


1974

Exports'............. 54.916 0 7,111.0 7.60.5 7.673.9 8.234.0 7.629.7 n,356.7 8,307.2
C.l.f. import value.. 59.883.6 6.945.6 7,90?.3 8.376.E 8,722.7 9,008.7 9.235 6 9,692.4
Merchandise trade
Dalance............. -4.965 6 *165.4 -297.0 -702.7 -488.2 1,379.0 -876.9 -1,385.2

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












Table 2. U.S. Exports (fas. Value Basis) of Merchandise Showing Department of Defense (DOD) Military
Assistance Program Grant-Aid Shipments, by Month: January 1973 to July 1974


(In millions of dollars.


See Enplanation of Statistics for information on covered and a definlizon of ff.a.s.) report value. Unadjusted totals
represent su of unfounded figures and hence may var Illghtly from sun of rounded sasuntsi


Exports excluding DOD Exports Including Do Grant-Aid'
Grant-Aid DOD Grant-Ald

Period Domestic Doeastlr Domestic
and
afgn ad Dmaesti, and Domestic, Tt Western other
esornhl foreign. unadjusted foreign, unadjusted Europe countries
ad justed' -ndjusted unadjusted


1973

January-December........................... I' I 70.823 2 r69.730.4 71.338.8 70.246.0 515 6 185.. 330.1

JanuIry-Jlly............................... 37,984.5 38.302.1 37,682.1 38,614.4 37,994.4 312.3 121.3 191.0


January................................. 4.95,.2 4.732.2 4.662.6 4.774 0 1.704.5 41.6 19.9 22.0
February................................... .070.3 4,866.0 4.196.4 4,902.6 4.833.0 36.6 9.1 27.5
March.................................... 511. j.91.9 5.89.2 .977.6 5.682.1 52.9 15.5 37.4
April..... ....................... ..... 5.193.7? 562.9 5.458.9 5.596.3 5,494 2 35.3 10.9 24.4
May.......... ............................ j i. .4 6.025.2 5.929.3 6.066.2 3,970.3 41.0 12.1 28.9
June............... ..... ......... .727.6 5.859.9 5.756.4 5.8q9.4 5.794.9 38.5 14.8 23.8


July................................... .... ., 86..3 5.311.0 5.249.3 5.397.1 5.315 4 66.1 39.0 27.1
Aupgus................................. 6 1)42.0 5,78.2 5.81.8 5.817.1 5,713.7 31.9 7.9 24.0
September................................ 6.419.8 5.964.6 5.885.5 6.021.2 5.942.1 56.6 18.7 37.9
October................................... 6 585.4 6.7'0 7 6.635 2 6.764.9 6.669.4 34.2 6.0 28.2
November.................................. ,878.8 7.099.6 7 005 .3 136 I ?,044.9 36.6 6.5 30.1
ece- ber................................... 948.9 ,921.1 (.86 7.4 94-.l 6.881.5 11.0 25.2 18.8

1974

Jau.ry-.July.............................. 54,918 0 55.111 2 54 680 4 65.747 2 54 966 4 306 0 65.0 241.0

JImuary.................................. 7,111.0 6,831.6 6,75F0.l4 873.6 6 792.5 42.1 14.7 27.3
Fsbruary............................. 7.03i.5 7 298.2 7.206.9 7 '40.1 7 948.7 41.9 16.3 25.6
IarB h....................... ......... ... 7,673.9 8,519.6 8.10 ..? h 517.3 8.433.8 27.7 9 7 18.0
pril...................................... 8.34.0 8.381 1 8.225 .'. 118.0 B.292.4 16.6 6 4 30.1
May ................................... 7,29.7 8 427.0 8 295.9 6.488.1 6,357.0 61.1 5.8 55.3
June ...................................... 8.356 7 6.327 5 8.211 5 6 384 4 R,?B8 5 56 9 8 48.1

July......... ............................. 8,307 7 655 9 7 553 6 1 695.7 7 593 5 39 9 3 2 36.7
August.....................................
SeptLmber..................... ........
October...................................
November.................................
December......................... ....

'Adjusted for seasonal and corking-day variation using seasonal adjustment factor Introduced In January 1974. See footnote I on front page.
'Represents only export shipments Irom the United States and differ fri DOD Mtllitr Assistance Program Grant-Aid shipment figures under this
program as rollois: (a) Transfers of the material procured outside the United Stares and transfers from DOD overseas stocks rro export shipments.
(bl Export value In r.a.s., whereas DOD value, in most Instances, Is f.o.b., point of origin. (c) Data for shipments reported by the DOD for a glven
mouth are Included In Bureau of the Census reports in the second month subsequent is the month reported by the DOD.
'Annual total Is not shown for seasonally adjusted nats. Unadjusted data should be uses ior annual totals.












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

I In millions f dollars See E kplanalton of Slalsucs for mlornalion on coaerage and defnitions of Customs and c.i.f import values Unadjusled loals repre.eni sum of unfounded
rigires and hence may anr slighdfl from sum of rounded amounts

U.S. Imports of merchanda e

Customs value C.I.f. value

period General mports Imports General imports imports
for for
Seasonally UnadJusted conmption Seasonally consumpt I-n
adjusted' unadjusted adjusted' Unadjusted unadjusted


1973

lanuary-Deember .................. .... 2 69,475.7 69,023.9 ( ) (') (1 ()

Januarv-July....................... 38,07.6 38,929.4 3B.648.5

January............................... ,243.8 5,406.4 5,351.7
February ............................ ,463.1 4,958.9 4,943.5
March.................................. 4,413.3 5,604.1 5,592.3
Apr l ......................... ........ ,360.3 5,353.3 5,293.7
May ... ................................ 5,703.4 6,037.0 6,013.6
June................................... .,774.8 5,910.5 5,854.8

July .............................. .... ,62 .7 5,659.1 5,598.9
August ..................... .... 6,010.. 6,016.5 5,927.9
September.............. ............... 5,643.9 5,307.4 5,304.3
October ................................ ,996.3 6,402.9 6,339.4
November................................ 6,684.3 6,845.4 6,841.2
December...... .................... .... 6,a91.3 5,974.2 5,962.6

1974

Janury-Jul........................... 55900.7 55,994 7 55,430.9 59,883 6 59.986 6 59,398.3

January.................. ...... ..... 6,67.2 ,649.6 6,505.7 6,945.6 7,141.5 6,989.1
February.............................. 7,392.4 6,692.3 6,689.4 7,902.5 7,151.1 7,143.5
March......................... ......... 7,845.2 7,823.2 7,724.6 8,376.6 8,353.1 8,256.0
April ............................. 8,141.2 d,370.8 8,277.3 8,722.2 8,968.2 8,873.5
May............................. ..... .. 8,06.6 6,899.2 8,813.8 9,008.7 9,536.6 9,447.4
June.............................. .612 5 8.556 5 8.50s.1 9.235 6 9,175 6 9,1?5.3

July................................. 9.035 6 9.003 1 8.911.1 9.692.4 9,657.5 9,563.6
August ...... .......................
September .............................
October...................... ........
November..............................
December .................... .......

'AdjusLea for seasonal and aorkLng-day variation using seasonal adjustment actors Introduced in Janmury 1974.
'Annual total is not shonm for seasonal, adjusted data. Unadjusted data should be used ior annual totals.
'C.i.f. data not collected prior to January 1974.











7

Table 4. U.S. Exports (fas. 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 July 1974

IIo dmllion of dollars. See Explanation of Statlstie for Informanlon on coverage and a definition of (I.e..)i export value. Unadjusted totals
represent sum of unrounded figures and hence may ryv slightly from sum of rounded amountsI

Schedule H sections and selected divisions'
Period
0 2 3 4 5 6 7' 1II 7 1 73 8 9

Seasonally adjusted'
1973

J.anuery-July............. 5,12.4 589.4 4,753.5 934.2 '360.2 3.023.0 3,721.7 15.276.7 6,630.0 2.753.1 5.87F-.5 2 173.4 '1 076.5

Janoary................ 672.2 78.8 579.5 126.8 '44.0 404.2 444.7 2,101.2 896.2 36Ji.2 76".6 290.1 'I11 9
February ................ 701.2 96.4 686.9 I .n.9 '41.8 400.0 477.0 2.092.2 904.1 376.9 824.9 286 5 '132.6
March........ ........ 787.2 d7.1 756.4 126.5 '61.0 420.6 494.8 2,097.1 891.9 379.7 860.4 291.9 4145.7
April............. ** B10.4 91.2 696.4 139.7 '38.0 435.3 1 48. 2,162.5 940.3 383.4 f10.9 315.68 168.4
May......... .. ..... *.. 637.1 73.7 725.9 126.9 '54.4 434.6 546.6 2,272.1 971.9 111.7 906.1 325.6 '146.7
J.Yne................... 941.4 80.2 676.8 137.4 43.1I 466.3 560..1 2,231.1 974.7 410.9 s83.1 335.3 '172 1
July.................. r-78.9 82.0 651.6 148 0 458.9 461.8 .S99.9 ',300.5 1,045.9 422.3 825.7 328.2 4293.2
Aul .................. 1,244.1 60.7 32.9 135.0 '59.6 .101.3 610.6 2,306.3 1,013.3 437.3 h33.0 330.1 '126.8
8ept bear...........*** 1,233.6 61.9 625.1 112.2 '6 0 531.1 693.9 2,499.4 1,095.7 448.7 963.2 349.5 147.7
October. .... ......... 1,185.8 88.4 721.5 160.6 '59.1 513.1 696.0 2.576.2 1,144.1 463.0 962.1 365.3 '162.3
Novelber.... ...... 1,252.4 91.1 800.9 153.8 '61.4 599.6 .39 4 2,j0 ,113.0 3.0 467.0 1.056.5 373.3 '179.6
December.............. 1,256.8 77.3 614.9 174 7 7 6 562.' 731.0 2, .95.4 1,126.0 464.6 1,045 2 365.1 150.2

1974

Jinuary-Juy,............ 6.158.n 768 2 6,626.6 1.672 6 '829 56 982 7 6 305 1 ?0 557 I 8 925 0 3.906 4 7 713.3. 3.069.7 1.431 2

January................. 1,10.4 113.5 819.6 165.7 '73.7 627.9 769.4 2,684.6 1,171.6 518.9 917.3 390.0 IR 4.
February ................ 1,211.3 112.7 996.6 215.4 '96.5 675.9 828.6 2,821.8 1.180.5 .23.5 1,135.2 405.2 '174.2
March................... 1,233.6 87.6 1,027.5 172.1 2100.9 698.5 A1 9 6 2,5.: .7 1,228.1 531.3 1,080.0 433.3 '197.8
April................... 1,259.9 115.2 1,06.0 221.2 '124.2 761.7 919.6 3,069.1 1.310.2 i67.. 1,145.6 451 8 '207.8
May.................... 1,043.7 120.5 943.0 257.3 '111.7 i73.5 943.A 2,2j2.0 ,30J6.4 553.2 1,331.6 477.7 '218.
J~m................... 1,09q8. 117 0 912.7 300 6 '139 2 757 7 977 4 3.?34 9 1.338 C 588.4 1,1f4 2 473 I 226 7
JUly................... 1,130 101.7 88 2 340 5 '14 3 767 5 986 6 3 136 0 1 390 2 603.5 1 117 4 438.6 '222.0
Aou ................
September..............
October.................
Nowember...............
Decelber...............

UnadJu ted

1973

Janmusry-Domber......... 11,930.2 1,008.1 6,360.2 1,670.5 684.0 5,749.4 7.161 6 279.69.2 12,098.4 i,032.3 10, 738.3 3,950.7 1,842.0

Jmnuar-Jul............ 5,630.4 504.2 4,824 7 886.4 360 2 3,063 3 3,79.3 15.704.5 6.762.1 2.'72.4 6.169.b 2.184 9 1.076 5

JanBary .............. 689.7 62.9 584 .7 105.2 44.0 388.8 478.6 1.956..2 d5?.3 369.7 734.2 275.1 118.9
February............... 670.3 74.5 663.6 106.7 44.6 384.4 438.0 2,027.3 d7u.6 352.4 8114.3 270.8 132.6
March................ 806.9 78.0 840.4 121.2 61.0 141.7 534.4 2,527.1 1,031.1 409.7 1.083.2 32^.7 145.7
Aprll.... ......... 769.U 74.8 717.3 142.0 h.O 41143.6 3i.7 2,251. 971.3 39.6 691.53 324.3 166.4
ay.................... 837.1 68.4 778.9 141.0 54.4 16. ,.4 236.9 2,569.7 1,034.1 432.3 1,096.3 334.7 146.7
m................. 949.9 73.4 676.3 137.8 59. 47C.6 E.8 2,319.6 1,014.7 413.9 H89.? 345.4 171.1
Jul7 ................. 907.4 72.1 563.6 132.3 56.9 167.8 556.7 2,0u5.3 983 3 397.8 621.3 308.9 193.2
Algut.............. 1,216.7 77.3 553.2 14.1 9.6 516.3 607.6 2,0.1.0 988 0 414.1 668.9 331.1 126.6
September.............. 1,191.6 93.0 506.3 121.4 6.11 503.6 649.8 2,324 2 1,003.6 429.9 890.9 336.9 147.7
October........... ... 1,216.7 110.6 747.5 7.1 9.1 52.9 709.2 2,-i5.6 1,142.1 418.9 924.? 378.5 162.3
Noember............... 1,383.9 128.7 997.0 156.2 1.4 66.6 71.3 2. 7 7.8 1,088.6 466.1 1,013.2 373.3 178.6
December................ 1,290.8 94.3 851.5 175.n 77.6 5-J4.7 705.4 2,645.9 1.113.6 460.9 1,071.3 346.1 150.2

1974

Jauery-July ............ 8,33.4 660.2 6 735.3 1.603.0 829 5 5,030 7 6 393.8 21.15;1 9.138 0 3.933 9 8 085.i 3,091.9 1.431.2

January................. 1,198.1 90.8 854.0 144.2 73.7 604.6 756.3 2,315.5 1,118.9 521.5 873.1 371.3 184.1
February............... 1,156.8 87.2 992.6 178.6 96.5 6i0.2 795.5 2.734.3 1.136.8 489.J 1,107.9 382.9 174.2
March.................. 1,257.3 79.1 1,113.8 161.6 1011.9 734.8 934.3 3.376 3 1,414.8 i94.3 1,367.3 477.9 197.6
Aprll................... 1,181.8 94.9 1,040.4 222.7 124.2 :71.7 952.0 3.165.7 1,353.4 5i7.6 1,256.7 468.1 207.8
ay.................... 1,083.4 111.3 1,013.6 281.0 131.7 711.9 1.036.3 3.26i.6 1.418.9 590.8 1.259.0 00 6 218.5
June................ 1.071 6 106 9 912 d 309 3 138.2 775 9 963 3 3.267 2 1,360 6 543 1,313.3 474 1 226 7
J.Uly................ .081.5 90.0 766 4 305 7 164 3 798.5 936 I 2.980 9 I 334 6 569 I 436.2 417 I 222.0
Augu a.................
September...............
October.. ..........
NIovember................
December...... ........

'Schedule B seerton and selected division descriptions are as follows

0. Pood and live animals 7. Machinery and transport equlpmeat
1. Beverages end tobacco 71. Machinery, other then electric
2. Crude meteruals, Inedible, except luela 72. Electlrcal machJnery, apparatus, and appliances
3. ineral fuels, lubrlranle, and related materials 73. transport equipment
4. Animal and vegetable oll end rats 8. Mlj9ellaneoua manufactured articles, n.e.c.
5. Chemicals 9. Commoditles ann transactions not clalsslfed aceorolr.g to khnd
6. Manulanured goode classified chiefly by material
'Sea o ally adjusted figures for section 7 may differ slightly from the sun of divislong 71, 72, and 73 alnce each Is Independently adjusien.
'Adjuated for seasonal and working-day wariation using seasonal adjustment lactore Introduced In January 1974. See footnote I on front page.
Annual totals ae not shown for seasonally adjusted data. Unadjusted data should be used lor annual totals, te adjusted section loals in
this able and Limdlar overall monthly totals In tables 1 and 2 wre adjusted Inaependently.
41n the absence of demonstrable seasonal patterns for this Eectlon, no seasonal adjuastent factors have been app led to data.












Table 5. U.S. General Imports Schedule A Sections, Seasonally Adjusted and Unadjusted by Month:

January 1973 to July 1974

Part & Customs Value Basis

(In mdllons of dollars See Explanation of Slatialics for mrormabon on coverage and a defminon of Customs value. Unadjusted totals rmpmsenm un or unrounded figums and hence
may ry slightly from sum uf rounded amounts)

Schedule A sections'
Perioa o n
0 I 2 3 4 5 6 7 9

Seasonally adjusted1


1973

January-July........

January..............
February.............
March...............
April...............
May. ................
June.... ...........
July .................
August...............
Septl ber............
Oc tober.............
Noveaber.............
December.............

1974

January-July.........

January..............
February..............
March ................
April. .. ............
May.................
June................
July ................
August...............
September.... ... ...
October..............
November............
December...........




1973

January -December.....

January-July.........

January...............
February.............
March ...............
Apr I .. ............
May ... .............
June. .............
July. ...............
August..............
Seplember.............
Oc lobe r..............
November ............
December.............

1974

January-July ........

January...............
February .............
March ................
April.... .........
May..................
June..... .........
July ................
August ......
September ..........
October... ....
November.............
Deceaber.............


4,429.6

581.7
619 4
631 3
630.1
701- 5
617.2
620 4
671 2
649.5
680.7
845 1
738 0




5,669.1

719 0
808.0
972 Fr
163 I
805 7
80J 3
799.4


8,01 1.5

4,433.3

616.7
686.3
63; .0
6i58 5
732 8
627 8
599 3
tY7 4
.16 1
108 6
816 4
742 4




5,627.5


74) 4
910 4
7?3 4
822 6
772 1
774 6


682.4

104.8
98.3
88 6
103.0
101.2
91 8
104 7
120.7
o10 6
104.0

105 1




799.7

96 ;
100 I
110.9
118 I
114.6
120.2
139.1


1.220 9

662.4

1i.3 2
76.3
A3. 4
98 9
102 41
97.3
94 8
91 n

12P 1
131 1
Ill 0




774 6

10' 3
86 2
1.13 I
113 1

127 *
126 5


2,850.7

389.3
398.8
393.3
413.7
410.2
428.5
416 9
398 I
404 1
450 0
481.1
420.7




3,419.1

424 2
432.7
507 8
480 6
516 6
544.7
492 5


3,906.5

466.4
500.5
539 4
536.7
632.6
640.4
5 -O.a
758 3
763.8
785.9
I 008.7
970.1




13 820.8

1.192.7
1 .592.9
1 .666.3
2 385.1
2.317 9
2 277..
2.388.3


,013J.8 8.173.5

2.842.0 3,912.6

386.5 332.2
341.4 495.5
133 9 597.7
398 4 507 I
113 8 613 0
455.0 609 6
431 1 557 1
a'09 7 786 a
390 0 701 2
493 1 797 7
lA 8 91 1.1
392 1 1 064 2




3.419.6 13.772.7

413 6 1.304 9
3.7 9 1I.77 0
18d 0 1 .819.6
478 6 I 2.292.1
BS 9 ?.285 5
I61.- 2 086 3
532.8 2,407.4


'108.6

'6.8
'16.8
'14.7
'13 6
'16 0
'19.
'18.9
'23 5
'21 4
'26.3
'39.3
139 6




'262.8

'23 6
'24 5
'35 3
'10 3
'4? 2
'26.6
'70.3


1,369.7

184.9
198.1
185.8
194 2
196.5
206.6
203 5
204.6
209 8
216.5
228.9
242.8




1,958.9

195.1
235.7
248 9
272 0
311 1
323 7
372.4


7,615.1

1,063.8
1,14. 3
1,068.8
998.1
1,072 5
1,099.5
1,167.1
I 144 2
1.024.1
1.085.1
1,191.7
1,175.0




9.290.8

1.045 8
1.259.0
1.354.8
1,247 1
1.371.1
1.543.6
1,459.4


12,055.8

1,613.0
1,674.0
1,672.8
1,649.3
1.737.3
1,841.3
1,868 I
1,910 I
1,700 6
1.887.5
1.961.3
1,601 9




14.087 9

1,846 I
1,881.2
1,891.0
1,974 0
2.084 9
2 103 2
2.301.5


Unadjusted


'.463.0

1,411.6

189 1
190.2
202.5
221 4
213 2
208
186. 1
707 0
190 5
209 1
220 7
223 9




2.014.8

200 7
226.3
262 3
310 4
533.8
331.i
350 8


13.244.1

7,630.2

1,106.3
983.8
1.078.1
993 1
1,179.7
1,114.9
1,193 9
1.137 3
970.8
1,140 4
I 251 3
1 093 9




9,318 0

1.094 4
1.081 4
1.312 8
1.290.7
I.I94 5
1.514 2
1 529 4


21.076.1

12.338.6

1.661.4
1 573 6
1 818.3
1.710.3
1.954.5
1,918 7
1 701 8
1 686 6
1.511.8
1 953.6
2.065 2
1 520 2




14,407 2

1.943 9
1.770 2
1,984.3
?.120 I
2.303 t
2 153 6
2.131.2


4,656.9

39.9
677.8
659 7
652.3
666.4
676.4
684.4
101.4
677.5
689.9
779.8
699 8




5 311.7

660 1
741 0
.79 3
746.3
184.3
810.1
790 6


8.217 4

4,538.2

631.6
584.2
613 9
609.9
649.8
697 4
721 4
821 4
668 7
785 2
779 0
624 9




5.197 3

642 3
640 2
735 6
723.1
770.2

885.5


'1,031.8

'162.8
'128.7
'151.3
'142.1
'131.8
'161.1
L54.0
'156.0
'145.6
'160.5
2144.1
'156 0




'1,200.2

'144 6
'155.1
'170.8
'179.0
'173.2
1183.0
'194.5


1.794.0

1.031.8

162.8
128 7
151.3
142.1
131.8
161.1
154 0
156.0
145.6
160.5
144 1
156 0




1,200.2

144 6
155 1
170.8
179 0
173 2

183 0
194.5


'Schedule A actionn descriptions are is iolIlcs
O. Food and liae animals 5. Chemicals
1. Beverages and tobacco 6. Manufacturer gooda-classilled chiefl) uy material
2. Crude .aterlals, inedible, except suel\ .. Machinery and transport equipment
3. Mineral fuels, lubricants, ana related materials a. MiscelLaneous manufactured articles, n.e.s.
4. Animal arn vegetable oils and fats 9. Commodltles and transacltons not classified according to kind
'Adjusted for &easonal and .orking-day variation using seasonal adjustment factors introduced in January 1974. See footnote I on front
page. Annual totally are nor snoan for .easonally adjusted data. Unadjusted data should ne used for annual totals. 'he adjusted sect lion
lotals In Inis able and snimlar overall nontlly totals in tables I and 3 a4re adluried independently.
'In thf absence of denonstraole seasonaJ pattern' for Ihls section, no seasonal adjustment factors have been applied.


i


i











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


Part B. C. i. Value Basis

(In millions of dollars. See explanation of starustIcs for nformalion on coverage and a dcrmanon of i f value Unadjused totals represent sum of unrounded figures and hence mat
vary sightly from sum of rounded amounts)

Schedule A sect ons'
Period
0 1 2 3 4 5 6 7 8 9

Seasonally anousted'


1974

January-July........... 6,134.1 877 5 3.861.4 14,948. '274.5 2,120.7 9,785 4 14,912.4 5,653.2 '1,237 8

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 1,985.9 786.1 '160.3
March................. 1.053 0 121 2 566.0 1,782.4 '37 I 269 4 1.424.5 2,014.1 825.7 '176.1
Aprll.................. 828.2 128 543.9 2.557.5 '41 7 297 I 1.315.4 2.100.8 794.3 '183.7
May................... 874.9 125.2 584 5 ?,193 0 '44.0 342.5 1.446.4 2.207.8 837.3 '178.2
June.................. 868.8 137 8 618.4 2.472.3 '27.8 347.B 1.627 3 2,222.8 863.2 189.1
July.................. 862.1 151.4 565 2 2,587.6 '72 7 398 5 1,541.4 2,437.1 842.9 '200.2
August...............
September............
October...............
November..............
December.............

Unadjustea


1974

January-July.......... 6,089 2 842.2 3,864 2 14,898 2 274 5 2.182 3 9,814.9 15,251 1 5,532.1 1,237.8

January............... 841. 109.1 467.0 1,450.0 25.2 217.9 1,149.0 2,046.9 664.7 150.2
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 1.946.4 37.1 283 9 1.380.3 2.106.8 779.5 176.1
April................. 892.6 123.4 541.7 2,457 8 41.7 339 0 1.361.4 2,256.3 769.7 183.7
May................... 893.3 127.1 630.1 2,458.1 44 0 367.3 1.576.6 2.439.6 822.2 178.2
June.................. 837.5 138.2 636.0 2..24.6 27 8 355 1 .596.4 2,27C.1 852 8 189.1
July.................. 835 4 137 6 611 5 2,d08.3 72.7 375 4 1,615.1 2,236 8 944 0 200.2
August...............
September.............
October...............
November..............
December. ............

'Schedule A section descriptions are as follows:
0. Food and live animals 5. Chemicals
I. Beverages and tobacco 6. Manufactured goods classified chiefly by material
2. Crude materials. Inedible, except fuels 7. Machinery ann transport equipment
3. Mineral fuels, lubricants, and related materials 8. Miscellaneous manufacturer articles. n.e.s.
4. Animal and vegetable oill and fate 9. Commodttles and transactions not clasifled according to kind
'Adjusted for seasonal and working-nay variation using seasonal adjustment factors introduced In January 1973. See rootnote I on front
page. Annual totals are not shown for seasonally adjusted data. djusjusd d data Ehouln be used for annual totals. The adjusted section
totals n this table d silar oerll monthly tols n b nd in tables I and 3 were adjusted independently.
'In the absence of demonstrable seasonal patterns for this section, no seasonal adjustment factors na-e been applied.











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


OFFICIAL BUSINESS


UNIVERSITY FLOp



US DErAnni. l. ...1 ... -
COM- 202