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:
August 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_00013
Classification:
lcc - HF105 .B73e
ddc - 382/.0973
System ID:
AA00005271:00013

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
,| 1: -7 1-r IT


The Bureau of the Census, Department of
CaMlanrce, announced today that during August 1974,
seasonally adjusted exports, excluding Department
-Of Defense (DOD) Military Assistance Program Grant-
AtMl hbIpents, amounted to $8,370.0 million' a and
that seasonally adjusted general imports for August
iiinpted to $9,501.8 million.' Comparable
sae onally adjusted totals for July were $8,307.2
'ltlilmo for reportss and $9,035.6 million for
imports.

The Bureau, part of the Department's Social and
Economic Statistics Administration (SESA), noted
that based on the above seasonally adjusted figures,
a merchandise trade deficit of $1,131.8 million' was
recorded for August. For the first 8 months of
1 74, the merchandise trade deficit is $2,114.5
million.

Seasonally adjusted Imports on a c.l.f. Cost,
insurance, and freight) value basis for August
mounted to $10,173.9 million.1' 2 The August
merchandise trade balance computed by substituting
the 8.1.t. 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-
e0mnrtation basia, would result in a deficit of
$i,80.S9 million.' '"

....Both the export and import seasonally adjusted
totals for August were the highest ever recorded.
Sports were up $13.3 million over the previous
high of $8,356.7 million reported in June. August
seasonally adjusted Imports were $466.2 million
higher than in July, the previous record month.
6'6 ireau also stated that August was the 9th
codsectutive month that seasonally adjusted imports
on a Customs value basis have exceeded the compar-
able total for the previous month.


During the first 8 months of 1974, seasonally
adjusted exports were at an annual rate of $94,932
million, or about 34 percent above the calendar
year 1973 total of $70,823 million. Seasonally
adjusted imports (Customs value basis) during the
same period, were at an annual rate of $98,104
million, or about 41 percent more than the calendar
year 1973 total of $69,476 million. During tne
4-month period, May-August 1974, seasonally adjusted
exports averaged $8,165.9 million per month, a level
about 7 percent above the $7,656.1 million average
reported for the preceding 4-month period, January-
April 1974. General imports averaged $8,889.1
million for the current 4-month period, about 19
percent above the $7,461.5 million average recorded
for tne previous 4 months.

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 Merchandise--
Schedule B Sections and Selected Divislaons If.a.a.
value baslsl," table 5A, "U.S. General Imports--
Schedule A Sections lCustoms value basis);" and
table 5B, "U.S. General Imports--Schedule A
Sections (c.l.f. value baslsl." Commodity compo-
nents for exports exclude foreign merchandise,
but DOD Military Assistance Program Grant-kid
shipments are included.

Exports unadjusted for seasonal change and
excluding Military Assistance Program Grant-Aid
shipments increased from $7,655.9 million in July
to $7,929.7 million in August. With Military
Assistance Program Grant-Aid shipments Included,
August exports were valued at $7,998.9 million as
compared to $7,695.7 million in July. Unadjusted
general Imports amounted to $9,166.4 million in
August and $9,003.1 million in July.


'Adjusted for seasonal and working-day variation, but not for price level Factors used to adjust 1973 and 1974 data shown in this reoort represent
seawnal adjustment lacnrs denved rom monthly data through 1973 and introduced in January 1974 combined with the aooropare working-day
adftmsinr fact
'C nduatlons of data over ar least 4-month periods are desirable to identify underlyng trenoa Month to-montr rchanger in exports, import and
similar series often reflect primary irregular movements. differences in monm ly carryover, etc Recent tronrh.to-month percent changer in the overall
Mseawinlly adjusted export and import series ams presented in tLe tolloiwng table wirt average percent month ro-month rise and eclne aver longer
ithiodl shown for comparison. The average rise and decline figures exclude percentage changes lor fl the perolds December 1968 Uarrh 1969 and
.kAtrOeawrtter 1871 because of abnorrmaittes in the data due to effe-rs of dock strikes and 121 periods when negiogle changes flera percent) in the
Wl etof exports/iepores occurred.

Montb-to-month Average monthly rates of change

Series Average Average 4 months 12 months
July-Aug. June-July May-June Apr. -May rise decline Apr.-Aug. Aug. 1973-
19774 1974 2974 1974 1968-1973 1968-1973 1974 Aug. 1974
Pe t) (Percent) (Percent) (Percent) ( (Percent) IPercenit (Percent) (Percent) (Percent)

Exports ........ +0.8 -0.6 9.5 -7.3 .0.9 -3.9 +2.4 *2.9
Im4arm........ +5.2 4.9 2.41 3.3 -3.8 -2.6 +4.0 4.0


S0 g s "piumfftan of .Sisti=i" section of this report for explanations of these export and mOport values and trade balances.
Inquiries concerning these figures should be addressed to the Chief, Foreign Trade Division. Bureau of the
SCnsus, Washington, D.C. 20233. Tel: Area Coda 301, 763-5140.

U.S. DEPARTMENT OF COMMERCE, Social and Economic Statistics Administration, BUREAU OF THE CENSUS

\ S For sale by the Subscriber Services Section (Publications), Social and Economic Statistics Administration.
Washington, D.C. 20233, or any Department of Commerce district office. Price 10 cents per copy. Annual
g'" subscription (FT 900, 975, 985, and 986 combined) $3.00.


FT 900-74-8


S SUMMARY OF U.S. EXPORT AN.

IMPORT MERCHANDISE TRAM4






f jc
-'-

FOR RELEASE%

U.S. DEPOSTORY SEPTEMBER 25 -.%

Seasonal y Adjusted and Unadjusted Data


P.M.







EXPLANATION OF STATISTICS


Impartatistics

:-zGe al ImpI /ldiMpprts for Consumption

Tife officiall U.S. i 1nr-tjtatistics are compiled by the
Bureau aoft',C1 Ce9 sfsorl copies of the import entry and
wareHeoulsieoUvJear forms which importers are required
by law to- file. wtfh Customs officials. The statistics 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
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. Amencan 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 banging
the merchandise from the country of exportation and
generally placing it alongside the carrier at the first port of
entr in the United States If the merchandise was acquired
in a transaction between related parties, the purchase price
used in 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
"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 in 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 nor been adjusted for changes in price level.


* I
'' r









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 flows 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 lime 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 pnor 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 pnmarily 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.








4

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

Part A Exports (f.as. Value Basis) and General Imports (Customs Value Basis): January 1973 to August 1974

I In millions o1 dollars. See Exptanation of Staisbcs for mformahon on cun crase an defi nions of caport axin impor values and trade balmces All data shown for 1973 and 1974
eled mamonsal adjustmenr faclon mtroduced in January 1974)

eod and January January Fhbruary March April May June July Auuust S October 0eo1- De



1973

Eportn ..... ...... 44,026.5 4,9;..? 5.070.3 5,311.0 5,493.7 5,561.4 5.7?7.; i.,86%.3 6.042.0 6.419.i 6,585.4 6,878.8 6,948.9
Customs sport value. 44,818.1 ..?13.R 5.4&3.1 5,413.5 5,360.3 3.703.4 5.774.8 5.8?8.7 6.010.5 5.643.8 5.996.3 6,684.3 6,291.3
Merchandise trade
balance............ -791.6 -2s8.6 -412.8 -102., .133.4 -142.0 -47.2 .36.6 .31.5 .776.0 .589.1 4194.5 .657.6

1974

Report .......... .... 63,788.0 7,111.0 7,605.5 7,673.9 B,234.0 7,629.7 8..56.? 8,307.2 8,370.0
Customs uiport value. 65,402.5 6.467.2 7,392.4 7,845.2 8,141.2 8,406.6 B 612.5 9,035.6 9,501.8
lerchandlse trade
balance.... ....... -2,114.5 +643.8 +213.1 -171.3 .92.8 -776.9 -2.5.8 -728.4 1,131.6

'Represents exports of domestic and foreign mercna.dtise excluding DepartmenEt of Defenae Milltary Assistance Program Grant-AJd shipaenta.


Part B Exports (la.s. Value Basis) and General Imports (c.i.i. Value Basis): January 1974 to August 1974
ln mrill.cni oi dolJs. See Expplanalion of SiaItisfrc for informaitori n courage' md dtefinetori. ol export and ampor .olue, and trade balances All data shown for 1974
reflect seasonal adjustment faclon introdurd in january 1974)

Period a Juar- an.am r February March April May June July August Sep" c tober Nove- Deem-
series August h her her r


1974

Exports ............ 63,288.0 7,111.0 7,605.5 7,673.Q 9.734.C 7.6?9.7 8.356 7 8,307.2 8,370.0
C...f. import value.. 70,0i7.5 6,945.6 7,902.5 8,376.6 1.722.? 9.008.7 9.235.6 9,692.4 10,173.9
Merchar.aise trade
balance.. ...... ... -6,769.5 +165.4 -297.0 -702.7 -489.2 -1.379.0 -878 9 -1,385.2 -1,803.9

'Represents exports of domestic and foreign mercbaindse excluding Departmenl of Defense Military Assistance Progreaa Grant-Aid shipments.












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


(In millions of dollars. See sAplanation of Statistics for Informatoon n coverage and a definition of (f.a.a.) export value. Unadjusted totals
represent sum of unrounded figures and hence may vary slightly Irom sum of rounded amounts)

Exports excluding DOD Exports including DOD Grant-Atd'
Grant-Aid DOD Grant-Aid

Period Dome.ltic Domestic Domestic
and and Domestic, and Domestic. Total western Other
foreign, foreign, unadjusted foreign, unadjusted Europe countries
seasonally unanjuated unadjusted
adjusted'


1973

January-December........................... is ;00,823.2 69 '30.1 71.336.8 70.246.0 a15.6 185.5 330.1

January-August............................. 44,026.5 44,087.3 43,363.9 44,431.5 43,706.1 344.2 129.1 215.1


January.................................... .1.953.? 4,732.2 4.662.6 4.774.0 4,704.5 11.8 19.9 22.0
February................................... ..070.3 4,B66.. 1.796.4 1,902.6 4.833.0 36.6 9.1 2 ..3
arch.................................... 5.311.0 ,.921.9 5.629.2 5,977.8 6,682.1 52.9 15. 37.4
April.,. ............................... a.493.7 5,562.9 5.458.9 5,598.3 6,494.2 35.1 10.9 24.4
ay..................... ......... .. .. 561.4 E,025.2 5.929.3 6.066.2 5.970.3 41.0 12.1 28.4
June.................................... .727.6 5,859.9 ,.756.1 5.818.4 ,. '94.9 38.5 14.8 23.8

July.. ..................3 5.31.0 5 249.3 5,397.1 5.315.4 66.1 39.0 27.1
August................................... 6.,f.0 .755.2 5,661.8 5.817.1 5.713.7 31.5 7.9 24.0
Septber.. ................... .. ..... .... 6,419.- 5.94E 5,S5.5 6.0.2 1 .62 ] 56.0 18.7 37.9
October ................................... 6.685.4 6.750.7 c;.61l.2 6.7B41.q A.66 1 N4.2 4.0 28.2
oivember ................................... 6,678.6 7.099.6 7 d0 .3 7 136 1 7.044 9 36.6 6.5 30.1
D cember................................... 6.94d.9 6.921.1 6,837.4 4.965 I 6.881.5 44.0 25.2 18.8

1974

January-Auust ........ .................... 63,288.0 63,370.9 62,482.0 63,746.1 62,657.2 37,5.2 69 1 306.1

JaluaLr .................................... 7,111.0 6.631 6 6.750.4 6.873.6 A.791 5 42.1 14.7 27.3
February ................................... 7.. 05.5 7.298.2 7.206.9 7.3140.1 7.248.7 41.9 16.3 25.E
March ...................................... .7671.9 8.519.6 8.4n6.2 B. 547. 8,4131 6 27.7 9.7 18.0
April ........................... ... ........ .234.0 8.381 4 8.3 .9 .418.0 1.292.4 36.6 6.4 30.1
say............... ........................ 629.7 8.427.0 8.295. 8.488.1 8.357.0 E1.1 5.8 55.3
June ....................................... 356 7 8.327 5 8,211 5 8 384 4 4~.-69 5 56 9 8 8 48.1

July............................. .......... 8,307.2 7,653.9 7.553.6 17695.7 7.593.S 39.9 3.2 36 7
A gust .................................... 8,370.0 7.929.7 7,801.6 7,996.9 7.670.. 69.2 4 1 65 0
September..................................
October...................................
Noember ...................................
December...................................

'Adjusted for seasonal ana working-aay vsriatson using seasonal adjustment factors Introduced in January 1974. See footnote 1 on front page.
Represents only export shipments from the United States and differ from DOD MLlitary Assistance Program Grant-Ald shipment figures under this
program as follows* (a) Transfers of the material procured outside the United States and transfilers from DOD overseas stocks from export shipments.
(b) Export value Is f.a.s., ehereaa DOD wilue, in most instanres, la f.o.b.. point of origin. tc Data for shipments reported by the DOD tor a glven
monthh are Included in Bureau of the Census reports In the second month subsequent to the month reported by the DOD.
5Annual total Is not shown for seasonally adjusted data. Unadjusted data should be used for annual totals.














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

I In million of dollan See Explanation of Stalitics for information on coverage and defnilians of Customs and c.i r import values. Unadp ised totals irepSeunt sam of unfounded
figures and hence may vary slighi5) from sum of rounded amounts)

U.S. Imports of merchandise

Customs value C.i.f. value

Period General imports Imports General Imports Imports
for for
Seasonally Unadjusted consumption Seasonally IUnadjusted consumpt ion
adjusted d unadjusted adjusted unadjusted


1973

January-Decembr............. .......... 1) 69,475.1 69,023.9 (1) (') (') (')

January-August........................ 44,816.1 44,945.9 44,576.4

January ............................. 5,243.8 5,406.4 5,351.7
February .................... 3.......... 3.1 4,958.9 4,943.5
March.................................. 5,413.5 5,604.1 5,592.3
April .................................. 3,360.3 5,353.3 5,293.7
ay ..................................... 5,703.4 6,037.0 6,013.6
June....................................... 5,774.8 5,910.5 5,89 4.8

July.................................... 5,828.7 5,659.1 5,598.9
August................................. 6,0i10.5 6,016.5 5,927.9
September................. ............ 5,643.8 5,307.4 5,304.3
October................................ 5,996.3 6,402.9 6,339.4
Nove ber ............................... 6,684.3 6,845.4 6,641.2
December ............................... 6,291.3 5,974.2 5,962.6

1974

JanuarI-August ........................ 65,402.5 65,161.1 64,502.4 70,057.5 69,801.5 69,114.7

January ................................ 6,467.2 6,649.6 6,505.7 6,945.6 7,141.5 6,989.1
february ..... ........................ 1,392.4 6,692.3 6(,659.4 7,902.5 7,154.1 7,143.5
March.... ........................... 7,645.2 7,823.2 7,724.6 8,376.6 8,353.1 8,256.0
April.... ............................ ,141.2 8,370.8 8,277.3 8,722.2 8,968.2 8,873.5
May.................................... 8,406.6 8,899.2 8,813.6 9,008.7 9,536.6 9,447.4
June................................... 8,612.5 8.556.5 8,509.1 9.235.6 9,175.6 q.125.3

July................................. 9,035.6 9,003.1 8,911.1 9,692.4 9,657.5 9,563.6
August.... .......................... 9,501.8 9,166.4 9,071.5 l0.173.9 9,814.8 9,716.5
September....................... ......
October.................... ..... .....
November r.............................
December.......................... .....

'Adjusted for seasonal and working-day vartiaton using seasonal adjustment factors Introduced in January 1974.
'Annual total as not shown (or seasonally adjusted data. Unadjusted data should be used for annual totals.
'C.l.f. data not collected prior to January 1974.











7

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

(In millions of dollars. See Explanation of Statistics for Information on coverage and a definition of (r.a.s.) export value. UriadjusLed totals
represent sum of unrounaed figures and hence may vary allghLly froa sum or rounded amounts)

Schedule B sections and selected divisions'
Period
0 1 2 3 4 5 6 7' 71 72 73 8 9

Seasonally adjusted'
1973

January-6ugust.......... 6.972.5 670 1 5,386.4 1,669.2 '41i) 3,524.3 4,332.3 17,583.0 7,67J.3 3.190.4 6,709.6 2,503.5 '41,203.

January................. 672.2 78.8 579.5 126.8 44.0 404.2 494.7 2,101.2 896.2 36h.2 765.6 290.1 '116.9
Febtrry ................ 701.2 96.4 666.g 128 9 44-' 6 400.0 417.0 2,092.2 904.1 376.9 824.9 286 5 4132.,
March................... 787.2 87.1 756.4 126.5 '61.0 420.6 494.6 2,097.1 896.9 379.7 860.4 291.9 4145.7
April ................... 810.4 q1.2 696.4 139.7 43' .0 435.3 ,48.2 2,162.5 940.3 363.4 810.8 315.6 '168.4
May ..................... 837.1 73.7 725.9 1-6.9 '51.4 434.8 546.6 2,272.1 971.9 411.7 906.1 325.6 '116.7
June, ................... 941.4 80.2 676.8 137.4 t39.1 466.3 560.5 2,251.1 974.7 410.9 883.1 333.3 4171.1
JUl-l.................... 78.9 92.0 651.6 148.0 '18.9 461.8 599.9 2,300.1 1,045.9 422.3 625.7 3286.7 193.2
August.................. 1,244.1 80.7 633.9 133.0 '59.6 01.3 6.6 6 2,306.3 1,043.3 437.3 833.0 330.1 '126.8
September............... 1.233.6 81.9 625.1 112.2 '86.0 531.1 693.9 2,499.4 1,095.7 448.7 963.2 349.5 '117.7
October ................. 1,185.8 88 a 721.5 160.6 '59.1 543.1 696.0 2,576.2 1,144.7 463.0 962.7 365.3 '162.3
Noveaber-................ 1,252. 91.1 800.2 153.8 '61.4 599.6 739.4 2,650.0 1,113.0 467.0 1,056.5 373.3 4178.6
December ................ 1,256.8 77.3 814.9 174.7 77.6 562.: 731.0 2,683.4 1,126.0 464.6 1,045.2 365.1 150.2

1974

January-AugUst.......... 9,232.4 870.4 7,521.6 1.974.4 '940.1 5,772.6 7.328 ; 23,919.7 i0,444.2 4,567.8 6.973.1 3,529.9 '1,664.3

January................. 1,160.4 113.5 819.6 165.7 '13.7 627.9 789.4 2,684.6 1,171.6 516.9 917.3 390.0 '184.1
February................ 1.211.3 112.7 996.6 21..4 496.5 (7,.9 828.6 2,821.8 1,180.5 523.5 1,335.2 405.2 '174.2
M rch ................... 1,233.8 87.6 1,027.5 1;2.1 '100.9 698.5 859.6 2.785.7 1,228.1 551.3 1.080.0 433. '4197.8
April................... 1,739.9 115.2 1,026.0 221., el2-4.2 761.7 919.8 3,069.1 1,310.2 5 67.6 143.. 451.8 '207.6
May..................... 1,043.7 120.3 943.0 257.3 4131.7 673.5 943.8 2,825.0 1,306.4 5a3.2 1.033.6 477.7 '218.5
June.................... 1,098.8 117.0 932 7 300.6 '138.2 757 7 977 4 3.234 9 1,336 0 518.4 1,1q4 ? 473 I 226 7
July.............. ...... 1,130.1 101.7 883.2 340.5 '164.3 787.5 986.5 3.136.0 I,90.2 601.3 1117. 41 46.6 '222.0
August.................. 1,074.4 102.2 193.0 301.6 '1i0.6 /89.9 1.023.6 3.362.6 1,519.9 661.4 Il9.8. 4nl.2 233.1
September..............
October................
November...............
December.............

Iaadjust.ad

1973

January-December........ 11.910.2. 1,006.1 8.380.2 1,670.5 664.0 5, 749.4 7,161 E 27,66-.2 12,096.6 031'.3 10,738.j 3,950." 1,842.0

January-August.......... 6,847.2 581.6 4,377.9 1,040.5 413.8 3,579.6 1,366.8 17,715.5 7,750.4 J.,16.S5 6,838.7 2.515.9 1,203.3

January................. 669.7 62.9 584.7 105.2 44.0 388.8 478.8 1,956.2 652.3 369.7 734.2 275.1 118.9
February................ 670.3 74.5 663.6 106.7 44.8 364.4 436..0 2,027.3 870.6 352.4 804.3 270.8 132.6
March................... 806.9 76.0 840.4 121.2 61.0 441.7 534.4 2,527.1 1,034.1 409.7 1,083.2 323.7 145.7
April................... 769.0 74.8 717.3 142.0) 36.0 443.6 565.7 2,251.2 971.3 389.6 890.3 324.3 168.4
May.....6.............. 637.1 6b.4 778.9 141.0 54.4 460.4 576.9 2,569.7 1,034.1 439.3 1,096.3 334.7 146.7
June.... ......... ....... 49.9 73.4 67F.2 137.8 59.1 476.6 586.6 2,318.6 1,014.7 413.6 890.2 343.4 171.1
July.................... 907.4 72.1 563.6 132.3 58.9 467.86 56.7 2,054.3 965.3 397.8 671.3 308.9 193.?
August.................. 1,216.7 77.3 553.2 154.1 59.6 516.3 607.6 2,071.0 968.0 414.1 668.9 331.1 126.8
September............... 191.6 93.0 506.3 l.l.6 66.0 505.6 648.8 2,324.5 1,003.6 429.9 690.9 336.9 147.7
October ................. 216.7 110.6 747.5 177.1 59.1 552.9 709.2 2,55-.6 1,14 .4 468. 924.2 378.5 162.3
November.............. .. ,383.9 128.7 897.0 156.2 61.4 ,66.6 731.3 2,L67.d 1,068.6 466.1 1,013.2 373.3 178.6
December............... 1.2!90. 94.3 851.5 173.0 7;.6 541.' 70S.4 2,645.9 1,113.6 460.9 1,071.3 346.1 150.2

1974

January-August .......... 9,04 1 757.6 7,513.1 1.941.7 940.1 0.962 7 7 392.9 21.177 1 10,578 9 4,559.6 9,038.6 3,553.5 1,664.3

January................. 1.198.1 90.8 854.0 144.2 73.7 604.6 756.3 2,513.5 1,118.9 521.5 875.1 371.3 184.1
February................ 1,156.8 87.2 992.6 178.6 96.5 650.2 793.5 2,734.3 1,136.8 489.5 1,107.9 382.9 174.2
March................... 1,257.3 79.1 1,113.8 161.E 100.9 734.6 434.3 3.376.3 1,414.65 94.3 1,367.3 477.9 197.8
April ......... ..,.... 1,181.6 94.9 1.080.1 222.7 124.2 7? .7 i32.0 3.1 3.7 1.353.4 175.6 1,256.7 468.1 207.8
ay..................... 2,083.4 111.3 1,013.8 261.0 131.' 711.9 1,036.3 3,266.6 1,4186.8 90.8 1.25S.0 500.6 218.5
June.................... 1,074.6 1.06.9 912.7 309.3 138., 775.9 983 3 3,267 2 1,360 8 593 1 1,313 3 474.1 226.7
July.................... L,081.5 90.0 768.4 305.7 164.3 798.5 636.1 2,809.9 1,334.6 569 I 90E.2 417.1 232.0
August.................. 1,020.7 97.6 777.8 338.7 110.6 812 0 999.1 3,019.6 1,440.8 625.- 953.1 461.6 233.1
September.... ........
October r................
November................
December.......... .....

'Schedule B sectLon and selected division descriptions .re as follows

0. Food and live sanlals 7. Machinery and transport equipment
1. Beverages and tobacco 71. Machinery, ocner Lhan electric
2. Crude materials, Inedible, except fuels 72. Electrical machinery, apparatus, and appliances
3. Mineral fuels, lubricants, and related materials 73. Transport equipment
4. Animal and vegetable oils and faes 8. Miscellaneous manufactured particles. n.e.c.
5. Chemicals 9. Conamoditles ano transactions not classified according to kind
6. Manufactured goods classlfled chiefly by material
'Seasonally adjusted figures for section 7 may alffer slightly from the sum ofat divisions 71. 72, and 73 since each Is independently adjusted.
'Adjusted for seasonal and sorklng-day variaLlon using seasonal adjusrnent factors introduced In January 1974. See footnote I on front page.
Annual total& are not shown for seasonally adjusted cata. Unadjusted data snoula be usea for annual totals. The adjusted section totals In
this table and sLmilar overall monthly totals Ln tables I and 2 aere adjuscena independently.
eIn the absence of demonstrable seasons] patterns for this aectlon, no ear.onsl adjustment factor. have been applied to nata.











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

Part A Customs Value Basis

i In millions of dollars See Explanation of Stalislics for mformaton on coverage and a definition ufCusioms value. Unadjusted totals repreaen. sum of unrounded iures and hence
may .,r slightly from sum uf rounded amountal

Schedule A sections'
Period I I ----I---I
0 I 2 3 4 5 6 1 8 9

Seasonally BidjiLed'


1973

J.ii-.r. August....... 5,100.A 803.1 3,248.8 4.664.8 2132.1 1,574.3 8,759.3 13,965.9 5,358.3 1,1T7.B

January.. ... RI 7 liJ4 R 3R9.3 466.4 -'6.8 184.8 1,063.8 1,613.0 ;39.9 a162.8
February ............. 61A.4 3 398.d 500.5 1I6.9 198.1 1,145.3 1,674.0 677.8 '128.7
March ............ .. 631 3 88 6 393.3 539.4 '14 7 185.8 1.068 8 1,672.8 659.7 'L51.3
April ................ 30.1 103.0 413.7 536.7 '13.6 194.2 998.1 1.649.3 652.3 '142.1
May... ........ 7.i i 101.2 410.2 632 6 116.0 196.5 1,072 5 1,737.3 666.4 '131.8
June ............. 647 2 1.8 428 5 640.4 19 F4 206 8 1,099.3 1.841.3 676 4 'l61.1
July .............. 620 4 101.; 41F.9 590 5 ]16.9 203 5 1,167.1 1,868.1 684.4 '154.0
August .... ........ 671.2 12r- 7 398.1 ?54 3 23.5 204.6 1.144.2 1,910.1 701.4 '156.0
Septber ............ F.49 102 F 104.1 763 98 21 4 209 8 1,024.1 1,700 6 677.5 '145.6
October .... ......... kr)- Irq 40 0 785 9 26 3 216.5 1,085.1 1,887.5 689.9 "160.5
Novemer...... ..... 45 1 106 181 I 1.00 ? 39 3 228 9 1,191 7 1.961 3 779.8 '144 1
December .. ........ 713 0 I s.1 420 970.1 '39 6 242.8 1,175.0 1,601 9 699.8 '156.0

1974

januar',-August....... 6.416.- 948.6 3,968.0 16,339.6 a3n0.n 2,346.4 11,060.2 16,424.8 6,149.2 '1,387.9

January ............ 71 96 3 424.2 I 192 7 '23.6 195.1 1.055.8 1,846 1 660.1 '144.6
Feor.ary........... AiOA 0 100 1 452 7 1,592 9 j21.5 235.7 I 259 0 .b981 2 741 0 '155.1
Marh .... ... .. .. -;2.o 110 9 50? b 1,666 3 '35.3 216.9 1.354.8 1,897 0 779 3 '170.8
April............ ... 763 1 118.1 480.B 2,385 1 '40 3 272 0 1.247 1 1,974 0 746.3 a179.0
May....... .. ... 6 I11 6 516 6 2,317 9 j42 2 311 1 1,.371 I 2,084.9 784 3 :173.2
June. .. ........... 001 I 120.2 344 7 2 277 6 '26.6 323 7 1.543.6 2 103.2 810 1 '183.0
July........ ....... 799.4 139.1 492.5 2.388,3 6.3 3 372.4 1,459.1 2,301.5 790.6 s94.5
Auust .... ........ 717.0 148.9 549.9 2,518.8 '44.3 387.5 1,769.4 2,336.9 937.5 lIrr."
Sept ember.... ......
October ..........
November ........... .
Dec e .mb r .. .....

Unadjusted

1973

January,-Derember .... 9 ",14.5 15,20.9 ,013 i 68,113.5 2.8.6 2,463.0 13,244.1 21,076 1 8,217 4 1,794.0

January-August....... 5,130.7 753.7 3,251.7 4,699.0 132.1 1,618.6 8,787.6 14,025.2 5,359.5 1,187.8

January .............. 616 7 1".2 J3R& a 2 62 A.5 189 1 1,106 3 1,661.4 631.6 162.8
February............. 68 3 76.3 341 4 495 3 16.6 190 2 983.8 1,573 B 581.2 128.7
March.. ..... ...... 30.0 53.4 383 9 597.7 14.' 20.5 1.078.4 1.818.3 643 9 151.3
April................. 65 3 i Ai 9 39 1 5 ? I 13 6 221 4 993.1 1,710 3 609.9 142.1
Mai ........... .. .... ?32. 102 4 443 1 613.' IA 0 213. 1.179.7 1.934.5 649.8 131.8
June.. .. ...... .. 627 8 97 3 453 0 609 6 Il A 206 8 1.114 9 1,918 7 697 4 161 1
Jul. ........... 99 3 I A 4 31 1 557 4 18d 9 186 4 1.193 9 1.701 a 721.4 154 0
Augu t .... ......... I I 21 404 7 796 4 23 5 207 0 1.137 3 1.686 6 821.4 156 0
Septemoer .... .. 61. 4 aq 322 0 71.i1 ? 21.1 190 970.8 .511 8 668 7 145 6
Oc toer............7. 7I A 1A qq3 1 797 26 3 209 4 1.140 4 1 953 6 798 .2 160 5
Nouember............ 4 11 1 446 8 -11 4 139 1 220 7 1 !-51 3 2,065 2 779 0 144.1
December....... .. 742 4 117 11 3q92 064 2 3 39 223 9 1,093 9 1,52r0 2 624.9 156.0

1974

an.ar -Auust...... 6,193.9 887.3 3,955.9 16,271.4 307.0 2,395.3 11,029.0 16,400.6 6,132.6 1,3987.8

January) .. ....... 7,0 c 1 00 3 413 6 1 3104 9 23 r 200 7 1,094 8 1.943 9 642.3 144 6
February.......... 743 "5 3 9 177 0 1 3 226.3 1.081 4 1 770 2 640 2 155 1
March.. ............ tI 1 1I I 40. 0 1,.P9 6 30 3 262 3 ,312.8 1,984 3 735 6 170.8
April.. 23 113 I 4"R 2,292 1 40.3 310 4 1,290 7 2 120 1 723.1 179 0
May... ..... ..2. S l4 .?Ai 1 42 2 333 P 1.494 5 2.303.6 710.2 173 2
June ................ 771 4 127 A 161 C 2 '036 3 2r 33n.' I 5114 2 2 153 6 800 4 183 0
July.............. .. 74.6 126.5 532.8 2,107.4 70.3 330.8 1,529.4 2,131.2 885.5 194.5
Augu .......... ..... 166 4 112 7 536.3 2,498.7 44.3 380.5 1,711.0 1.993.4 935.5 187.6
SepIteIne r .... ..
actooer ... .. ....
ho ember.. ..
Dec ember... .

Scnscule 4 vectlin descriptions are au follows
0. Food and Ilid animals 5. Chemical;
I hBeerage; and tobacco 6. Manulactured goods-classifked chiefly by materLal
2. Crude material;, inelD s, except ueils 7. Machinery and transport equipment
3. Mineral fuels. luDricants. and relui. d materials 8. Miscellaneous manufactured articles, n.e.s.
4. Animal arl vegeatle oils and fats 9. C;,maodittes and transactions not classified according to kind
4'aju-ten- for seasonal and *ork n,;-da' siarton using seasonal ad]usitent Iactors Introduced in January 1974. See footnote I on front
page. Annual tala]; are rsot .ho.r, for -ea;onally adjustedd data. Unanjusted daia should be used for annual totals. The adjusted section
'otals in this haile and s5milsr overall monthl) Totals in tables I and 3 -ere adjusted Independently.
'In Inm absence of demnon:t ra bl sasor al ptticiI, for this season, no seasonal adjustment factors nave been applied.












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

January 1974 to August 1974


Part EL C i. i. Value Basis

(In millions of dollars See explanation of slatbstics for Information on coverage and a deriniton of c I f value Unadjusted torals represent sum of unrounded figures and hence may
vary slightly from sum or rounded amounts)

Schedule A sections'
Peri lod 0--------
0 1 2 3 4 5 6 7 8 9

Seasonally adjusted'


1974

January-August........ 6,940.2 1,041.3 4,482.2 17,677.5 1321.0 2,534.6 11,648.7 17,379.7 6.545.7 '1,431.5

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 1,986.9 786.1 '160.3
March................. 1,053.0 121.2 566.0 1,792.4 '37 1 269.4 2,424.5 2,014.1 625.7 '176.1
April................. 826.2 128.8 543.9 2.557.5 '41.7 297.1 1,315.4 2,100.8 794.3 '183 7
May................... 874.9 125.2 594 5 2 493.0 '44 0 342.5 1,446.4 2.207 8 837.1 1178.2
June.................. 868.8 137.8 618.8 2,472 3 '27.8 347.9 1.627 3 2,222 A 963.2 189.1
July.................. 862.1 151.4 565.2 2,587.6 '72.7 399.5 1,541.4 2.437.1 A42.9 '200.2
August................ 806.1 163.8 620.8 2,728.9 '46.5 414.1 1,863.3 2.467.3 892.5 '193.7
September.............
October...............
November..............
December.............

Unadjusted


1974

January- Aug"ust....... 6.916.4 966.2 4,470.6 17,605.3 321.0 2.588.9 11,616.7 17.355.7 6,29 I 1,431.5

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 1.946.4 37.1 ?83 9 1,380.3 2.105. 779.5 176.1
April................. 893 6 123.4 541.7 2,457.8 l1.7 339.0 1.361.4 2.256.3 769.7 183.7
May................... 893.3 127.1 630.1 2,458.1 44 0 367.5 1.576 0 2.439 6 822.? 17F 2
June.................. B37.5 138 2 638.0 2.264.6 27 9 355 I I 596 4 2.276.1 852 B 189.1
July.................. 835.4 137.6 611.5 2,608.3 72.7 375.4 1.615.4 2,256.6 944.0 200.2
August. ................ ?27.1 124.0 606.5 2,707.1 46 5 406.6 1,891.9 ?.1n4." 996.9 191.7
September.............
October...............
November..............
December.............

'Schedule A section descriptions are a? follows:
0. Food and live animals 5. Chemical
1. Beverages and tobacco 6. Manufactured goods classified criefil by material
2. Crude materials, inedible, except fuels 7. Machinery and transport equipment
3. Mineral ruela, lubricants, and related materials 8. Mtscellaneous manufactured articles. n.e.s.
4. Animal and uefetable oils and fats 9. Commodities and transactions not classalfed according to kind
iAdjusted for seasonal and sorking-day variation using seasonal adjustment factors Introduced in January 1973. See footnrte I on front
page. Annual totals are not shown for seasonally adjusted data. Unadjusted iata should be used for annual totals. rhe adjusted section
totals in this table and similar overall monthly totals in tables I and 3 were adjusted independently.
'Tn the absence of demonstrable seasonal patterns for this section, no seasonal adjustment factors have been applied.





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

OFFICIAL BUSINESS


M'lifi[T.oio p
POSTAGE AND FEES PAID
UJS. DEPARTMENT OF COMMERCE
COM- 202