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:
October 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

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University of Florida
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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_00016
Classification:
lcc - HF105 .B73e
ddc - 382/.0973
System ID:
AA00005271:00016

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
;N 014:/O- -/c


SSUMMARY OF U.S. EXPORT AND

IMPORT MERCHANDISE TRADE

L OCTOBER 194 iUNrv~. FL ir 1


V d


T.hG ai P ,4 { 5Tsus, Department ot Commerce,
announced to r during October 1974, seasonally
adjusted exports, excluding Department of Defense
(DOC) Military Assistance Prtgram Grant-Aid shipments,
] s7'" iotunted to $8,664.5 million' and that seasonally
: :" : '11f%8635.1 million.' 2 Comparable seasonally adjusted
::.; talks for September were $8,286.2 million for export.E
and $8,519.5 million for imports.

The Bureau, part of the Department's Social and
: cono tic Statistics Administration ISESA), noted that
lhaed on the above seasonally adjusted figures, a
lwechandise trade surplus of $29.4 million was
eo: : .:qforded for October.2 This is the first merchandise
trade surplus reported since April 1974. For the
S" O-month period, January to October 1974, the merchan-
' 4i&te trade deficit amounted to $2.318.4 million.

S Seasonally adjusted imports on a c.i.f. (cost,
u.. rance, and freight) value basis for October
a..ounted to $9,209.2 million.' 2 The October
S merchandise trade balance computed by substituting
ti le a.l.f. import value for the regular (Customs i
issi"lli'art value and using the same export value, which
l.' aii .a on a f.a.s. (free alongside ship U.S. port-of-
t.[facprtation basis, would result in a deficit of
.7 million." 2 3

FIr'" The October seasonally adjusted export total ,s
.: t ::.:.he highest on record, exceeding the pre.'ious monthly
i. .gh reported for August 1974, by $294.5 million.
he October seasonally adjusted import total ICustoms
ai ue 6asis) is the second highest on record and is
.66.7 million below the $9,501.8 million reported
for August 1974, the highest montn recorded.

During the first 10 months of 1974. seasonally


L ..... J J FOR RELEASE
U.S. DEPO tTORrY NOVEMBER 26, 1974
--. 2:00 P.M.

and Unadjusted Data


adjusted exports were at an annual rate of 196.286
million, or aoout 36 percent above the calendar year
1973 tural of $7,),823 million. Seasonall) adjusted
imports iCustoms value basis' during the same period,
were it an annual rate of 399,069 million, or about
43 percept more than the calendar year 1973 total oa
*69.476 million. During the 1-month period, July
to October 1974. seasonally adjusted exports averaged
f&,407.0 million per month a level about 5 percent
aove the $7,973.6 million average reported for the
precediin 4-month period, Marcn to June 1974. General
imports averaged 18.923.0 million for the current
4-month period, about 8 percent above the $8,251.4
million average recorded lor the previous I months.

Seasonally adjusted and unadjusted export and
import totals for selected Schedule B and A commodity
sections and divisions are shown in table 4. "U.S.
Exports of Domestic Merchandise--Schedule B Sections
and Selected Disasions If.a.s. value oasisl;" table
5A, "U.S. General Imports--Schedule A Sections
'Customs value basis,:" and table 5B, "U.S. General
Imports--Schedule A Sections 'c.i.f. value basisl"
Commodity components for exports exclude foreign
mercnandise. but DOD Military Assistance Program
Grant-Aid nipments sre Included.



Exports unadjusted for seasonal change ana
excluding Military Assistance Programi Grant--Ai snip-
ments increased from $7.611.7 million in September to
$8.926.2 million in October. With Military Assistance
Program Grant-Aso shipments included, October exports
were valuedd 3t .58,994.1 million as compared to $7,672.8
million in September. Unadjusted general importf
amounted to $9,196 0 million in October and t8.441.1
million in September.


'Adjusted for seasonal and worktngad3' #ar,aon. ut riont forl oric l.Ei Factor: usp.l 'o idust 9,73and 7974 asia hro.nn" ., r-i repo, r 'erpaen
seasonal adjuslent factors rbeid horn monthly > ara through 1973 and ,rflOucCn ,n Jarv 797-4 c.i.-Tb.ned -.in r7, apc'opr.aie ao'h.nq af
adjsarment factors.
'Cumulaions of data ove at least month perod are desirable to .erld, ,undeil,ng Irends fMorth to month change ,n exp.orts. mport, nd
similar series oen reflect primarily regulatet moiveentT dIftrences in, r it c-po e tc Recnt mctniTto moni pi percent changes in otu ra l
seasonally adjusted exnorr and imort series are presented in the following feblEr sh a.crigre percent month to month Ise and ech,e 0,,- long'
periods shown for compare son. The average rise and diecine rgures eAcluOe percentage changes tfor i 11 t p.roOs Dccerr.oet 1968 M4,ln 1969 and
.saly-DOenmber 197F because of abnormalities in the data due to effects of dock strikes and (21 Derrods ann-,i neglgile changes earopercentl on the
level of eaporrsiniporrs occurred.
Month-to-month Average monthly) rates of change

Aver.'ge Average 4 nonth s 13 month s
Series Sept. -Oct. Aug.-Sept. July-Aus. June-July raise decrar.e Jun-4 mont. hs 1973-
1974 1974 197' 1971 1968-1973 1968-1973 1974 Oct. 1974
(Percent) IPercent (Percent) iPercentl (Percents (Percent) iPercent) (Percentl

spots ......... .4.6 -1.0 .0. -0., -3.9 -3.9 -1.0 i2.4
sports ........ .1.4 -10.3 5.12 .4.9 -3 a -2.6 -0.3 .3.3

'See the "Explanation of Seatiske'" section of this report tar cEDlanations of tnese export and import values and &ade balances.

Inquiries concerning these figures should be addressed to the Chief, Foreign Trade Division. Bureau of the
Census, Washington, D.C. 20233. Tel: Area Code 301, 763-5140.

g S 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 cents per copy. Annual subscription (FT 900, 975, 985, and 986 combined) $3.00.
a*if


1


* |








EXPLANATION OF STATISTICS


Import Statistics

General Imports/Imports for Consumption

The official U.S. import statistics are compiled by the
Bureau of the Census from copies of the import entry and
warehouse withdrawal forms which importers are required
b law o0 file with 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, 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 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 hdve not been ddjusted for changes in pnce level.


late receipt of a document for an end-of-month shipment,
rejection of a shipment by the c pputer be~puse the data fail
to meet certain edit cri.iP rhlliQ9 ..te protect the
accuracy of the statistica-e gyi'tere is Arfk average
carryover of about 7 A t (in terms of A of the
shipments from the reiotWd pnth of impoA. based
on the date of the iriplttentA fr warehouse, witlyawal
document) to a subusee t month, usually the:
month. In addition, 9s-. 'result of tp ,afo ,E'. og d
Customs "immediate-d"1ve':k procedures, tffurther
carryover of presently ulJrvnrn.-uagnitudpuf'. actual
month of importation 'a i f nb mojt. These
limitations should be boitVe l 5 tlwen 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 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 time comparable data for 1974 will be available.


Revisions to the Statistics

Revisions are carried 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-
listics 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 primanly 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 statisuecs may be obtained from the Bureau of
the Census, Washington. D C 20233.











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

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

In mrions ol dollars. See Explanation of Staitics for information on cuferaye and definitions of export inn import values and trade balances. All data shown fo 1973 and 1974
refnEl seasonal adjuslmen factors introduced in January 1974)

Period .red Januar, January y February Marmn April May June July August Septem- Octoer Novem- Decesla-
gere, Octoo er be "r D hbet et


1973

sports' ..... .... .. .57,031.7 4, .'q i.17A.] -.,311.0 ,,35i.7 :. I1.4I ;,72'.r K.LG,.3 6,042.0 6,419.4 F.585.4 b,B'a.B 6,948.9
Customs import value. 56,45R.2 ,.? ;.l t' Ji.l ',,113. 5,30.5 ',703.4 5i,774.8 1.,j82t.7 6.010. 5,643.B 5.996.3 6,684.3 6,?91.3
Merchandlvse trade
balance..... ... 573.5 -r,.6 -i ".A -1r2?.S .111.1 -142.0 -47.2 .36.6 .31.5 .776.0 .5B9.1 .194.5 .657.6

1974

Exporte'.... ,. .... o6,J.238.7 7,111.0 7,605.5 7,673.t 86.?j4.0 7,6'9.7 8 '156 7 8,307.2 6,370.0 8,286.2 8.664.5
Customs Lmport value. 82.557 I 6,467.2 7,392.4 7,845.2 B,141.2 8.406.6 8 ,12., 9,035.6 9,501.8 8,519.5 8.635.1
Merchandid.e trade
balance .......... -2.31 4 + 43.8 +213.1 -I'l.3 .9'. -776.9 -255 8 -728.4 -1,131.8 -233.3 .29.4

'RepresenTs exports a domestic anrd oreipn ,ierchannaie escluding Departrer.t of Defense Mulltar, Auistance Program Grant-Ala shipments.


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

IIn millont of dollar See Ev.pla.iiI=an of Stai Fk, if.r ilormalnon on c asrage .and defir.imlns ol export and anporln hlue: and Irade balances All data showrin lo 1974
reflect tasonsl adjusirntnt factors introduced in Janua.r 1974)

Pe.rod and January- an February March April May June July August October Novem- Deceag-
serie. ober ber ber beTr


1974

Exportsi'............. 0 ?36 7 .111.0 ?,605.5 7,673.9 8 234.n 7,629.7 8,356.7 8,307.2 8,370.0 8,286.2 8.664 5
C.t.f. import ualue.. P] 366 ? 6,94-.6 7,902.5 h,:37..6 6,722.2 9,006.7 9 235 6 9,692.4 10,173.9 9,099.5 9,209.2
Merchanaise trade
balance........... -a.12?7 5 e165.4 -297.0 -7T1?.7 -488.2 -1.379.0 -878 9 -1,385.2 -1,803.9 -813.3 -544 7

'Represents export ol domestic and foreign mnerhbandise excluding Departmnent of Delenase Malitar3 Assistance Progravm Grant-Ald shipinents.













Table 2. US. Exports (fa.s. Value Basis) of Merchandise Showing Department ot Defense (DOD) Military
Assistance Program Grant-Aid Shipment, by Month: January 1973 to October 1974


(In tllons of


dollars. see JExplanatlan olSat Manars for information on coverage no a definition of Ir.s.e.J export
reresenr_ sum al unroune lI-raadbnemyvr ~~tsIo mo one uo~a


value. Inadjuaste totals


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

Period Domeslt c Domestic Dome-tIc
and and Doaestic, ana Domestic, Western Other
seasonal arelsn, unadjusted foreign, unadjusted Europe countries

adjusted und justed unsa just


1973

January-Decenber....... .................... 70 823 2 69 '20 4 71.316.8 70,246 0 515. 6 !65.5 330.1

Januiry-October........................... 57,031.7 56,802.6 5,.,84.6 -',237.6 6S,319.6 435.0 163.7 291.3


January........................ ....... 4.95.-' 4,732.2 4,'.62.6 4 774 u 1 701.5 41.8 19.9 22.0
Februry.................................. a,070.3 4.866 C 4.796.4 4,302 F. 4 n33.0 31.6 9.1 27.2
March.. .............................. 311.0) a.2, 4.'4 i,,:f .2 5 i77.6 5.882.1 S.. 15., 37.4
April... .. .................... .... ..... ,49..7 a.362 9 5,-l& i i r9d.3 a,494.a 32 .3 10.9 24.4
May........ ............... ............ .. ; 1.4 ,02a.2 .929 '3 ..r,6..: 5,970).3 11.0 12.1 28.9
Ji Ie ...................................... .727.6 0,859 9 5 7?6.4 i.s6'.4 .794.9 3'8.. 14.8 23.8


uly... ..................................... 5,865.3 .331.0 .:'19 3 5 397.1 5,315.1 b6.1 39.0 27.1
Aug Bt.................................... 6.012.0 785.2 5.681.A 5.817.1 .1713.7 31.9 ;.9 21.0
September................................. 6,419.8 5.961.4 2.9r85 6.0n? ? 2 942.1 6 6 18 7 37.9
October................................ 6.585.1 4.7(0.7 6.635.? 6.764 9 6,669 4 34 2 6.0 28.2
November .................................. 6.878.8 7.099.6 1 008.3 7.136.1 7,044 9 36.6 6.5 30.1
December................................... 6.918.9 6.921.1 6.837.4 6.965.1 6. 98i.9. 44.0 25.2 18.6

1974

JanuarJy-Otober ........................... 80.236 7 79,908 B 7B.769 3 .0 113 0 79 273 5 304 2 6i 3 422 9

January .................................... i,111.0 6,631.6 6.7.0.4 E, 873 6 i. ;S2 2 42 1 14.7 27.3
Februry,................................. 7.603.5 7,298.2 7,206.9 7.40.1 7 .'48 41.4 16L.3 25.6
Ear.b. ................................. 7.673.9 8,519.9 8.406.2 8 a47.3 6,433 8 27.7 9.7 18.0
April... ................................. ,234.0 81 4 8.55.9 118.0 8,292.4 36.6 6.4 30.1
May........................................ 7,629.7 8.427.0 8.295.9 8,188.1 6,357.0 61 1 5.8 55.3
June..... .......... ..................... 9.356 7 i.327.S 8.211 5 8.384 4 4,2688 5 36 9 8 8 48.1


July ....................................... ,307.2 7,655.9 7,553.6 7,695.7 7,593.5 39.9 3.2 36,7
August..................................... 8,370.0 7,929.7 7,801.6 7,998.9 7,870.8 69.2 4.1 65.0
September................................. B,286.2 7,611.7 7,507.3 7,672.8 7,568.5 61.2 4.8 56.3
October.................................. 88,664.5 8,926 2 8,709.r.0 8,994 I 9,647 8 67 6 7 4 60
November. ..................................
December..................................

'Adjusted for seasonal and work.lg-aay variation using seasonal anjIstment factors Inlroduced In January 1974. See footote I an front page.
'Represents only export shipments from the United States and differ from DOD Mil tary Alssltance Program Grant-Aid shipment rigurea under this
program as follo a in) Transfers of the reatertal procured outsale the Unites StBte ana transfers from DOD overseas stock from export shipments.
hb) Export value is f.a.r. heroes DOD value, ir mount inatances, sla f.o.b., point .5 origin. (c) Data for shipments reporiea by the DOD for a given
month are Included in Bureau of the Census reports In the second month subsequent to the month reported by the DOD.
SAmaul 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 October 1974

I In millions 1 dollars See E splar.alron of Si jili s for information or covc4age aJd d1 F.linna of Customs and c i f imporl ailueS. Unadjualed total, repicvnl sum of Linrr.unJcd
I'luires ana 1 en.:e may ar sichtljy fpm 5sum of rounded amounlts

L.S. imports of merchandise

Culstoms saue C.l.f. value

erind General import Imports General Lnports laports
for Jor
Seasonally Unadjusied consumption Seasonally UnCdjusted nn.supt in,
ad ousted unad ]-aled adjusted' unadjusted


1973

.Jnuar) -Drcember.......... .... ... .a 69,475.7 69,,J23.9 ti (I 1 -1' 1i l

Jaruary- tobr ....... ................. 56,4B-.2 56,6u6.1 56,220.1

lanuar .................... ............ 5,243.b 5,406.4 a,351.7
Febraar ........................... ..... ,4t3.1 4,948.9 4,943.5
March ...... .............. ...... .. a,413.. 3,604.1 92.3
April ............... ............... .. 5.360.i3 .,353.3 5,293.7
May.. ............................ .... .. 5,l .4 6,037.0 6,L13.6
Jure ................................... 5,774.a S 910.5 5,8 41.s

Jul ..... .............................. 5, 86 .7 5.659.1 5 59 .9
Acuat .................... 6,.lu.. 5 6,. 5.,927.9
September ............... ....... ..... ,643.o I,307.4 5,304.]
October ............................... ,996.3 6,152.9 6,339.4
iovunber.......... ....... .. ....... 6,664.3 6,94..4 F,841.2
December .......................... .. 6,91.3 5,9;4.2 ,962.6

1974

Januartm-Or.ner...... ................. 62 557 I R2.74.2 82.1."73 3 88.366 2 BB.613 9 87.797.1

Januar ... ...... ....................... 6,467.2 6,b49.6 6,:O .; 6,945.6 7,141.5 6,99a .l
February ........... ............. ..... 2,392.4 6.692.3 t.E-9.4 7,902.3 ;,154.1 7,143.5
March..... ........................... 7,84z.2 ;.23;.2 7.724.6 b,376.6 8,353.1 11,25b.U
April .... .. ......... ...... ...... .. .. 8,141.2 6,3i, .. 8,277.3 8,722.2 8,968.2 W,873.5
May ....... ........................... ,406.6 8,899.2 b,813.8 9,008.1 9,536.6 9,447.1
June ...................... .. .... ... R 612.; B.516 5 8.509.1 4.735 6 9.175 6 q.1% 3

July ...................... .... ...... 9,035.6 9,lu03.1 8,911.1 9,692.4 9.657.5 9,563.6
AuguE ................................. 9,501.6 9,166.4 9,071.5 10,173.9 9,814.6 9,7216.5
Septlmber ........ .................... 8,519. 6,441.1 8,374.3 9,099.5 9,015.8 8.948.3
October........................... ..... 8.635 1 9.1t E 0 9,126 6 9.209 2 9.796.7 9.734 1
Novem r .................. ........
December ...................... .......

I'djutted for epasonal and working-da) variation UEing seasonal adjustment Suctors introduced in January 1974.
Annual total -s not ;hown for seasonally adjusted data. Unadjuated data should be usea for annual totals.
'r.i.f. dara not collected prior to 0 nuary 1974.










7

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

(In millions or dollars. See Explanation of Stlatitics for informatLon on c.uerage a rd a delinillon of ff.a.s.I Kport vaijde. ir.nadidsted totals
represent sum of unroundea figures and hence Ias) %ar sllghtl) Irom sum of roaroaea asnount.I

Scriedule B -ectione and selected divisions'
r 0 1 2 3 4 5 i 7' 71 72 73 8 9

Seasonallyv djusteda
1973

January-October ........ 9,391.9 840.4 6,733.0 1,342.0 '544.9 4,598 5 ,;7232. 22,tid8.6 9,913.7 4.102.1 @,623.. ,,218.J 41,513.3

January ................. 672.2 78.6 579. 12 68 14t.0 404.2 44.*. 2.101.2 6-6.2 36 .2- 5..E 290.1 lln.A
February ............... 701.2 96.4 F66.9 126. '41.6 i 1,. 1 4 '"., ..09' 2.2 .I 2306. 6s.' :'86 ; '13:'.6
March ........... ....... 7 -.2 81.1 7i6.4 126.L '61.] 42'O., 4 .4 :.047.1 n. E.9 '.' 860.41 2 l.9 Il .7
April................... in.4 91.2 6,6.4 139.2 '-3 .0 43' 446 2 !1l 44.0.3 62i 4 Bl6 31-.B '198.4
May, .--........... ...... 837.1 73.7 72,.9 126.9 '51.4 434.k J4A .6 -,272.1 ; < 1. 411. pj)6. 1 32 .r '146.7
June .................... 941.4 90.2 6-6.8 13:.4 .1 I 466.3 .60.. 2,2,1.1 '4.; 110.9 n3l .1 335.3 '171 1
July .................... '7 .9q 82.0 G6 1.6 148.0 '56. 461.8 :99.9 ,30.) 5 1,04..' 412 3 2 '.7 328 2 '193 2
August.................. 1,244.1 80.7 632.9 135.0 '*9.6 401.3 (10.6 ..306.3 1,043.3 437.3 823.0 330.1 '126.8
September............... 1.233.6 l.9 6'25.1 112.2 '66.0 5J1.1 ..9 2.499.4 1.'3'5. 448.7 963 2 349.5 '114 .7
October ................. -,18d .8 8.4 ;21.5 160.6 19.1 413.1 696.0 .!76.2 1.144." 463.0 96?." 36!.3 '162.3
November ................ 1.252.4 91.1 800.3 1"3.8 4FI 4 599.6 73,.4 2,6:0.0 lll... 467.0 l,uO F.5 371.3 4178 6
December ................ 1,2.6. 7.i3 614.9 174.; --7.6 v,2.' '31.0 2,663.4 I.126.0 46-.6 1,04t..2 J65.1 '150.2

1974

January-October......... 11.402 0 1,043.6 9.064 I 2,675 3 '1.139 3 7.29 I 9,20o 3 3i.le i 13 5- 3 S..': 5 0 1I ;660 4 4,443 8 '?,14.

Jalnuary................. 1,80.1 113.5 t19.6 163.7 '73.; FI.27.. :h I ?,694.1 1.1-l1 6 a18.9 9 517.3 390.0 '1l4.1
February................ 1,211.3 112.7 996.6 21..4 '96.6 675 9 628.6 2,621.e 1.bl 13.' 523. 1,13. 1405.2 '14:.2
March .................. 1,23J.6 87.6 1,027. 172.1 '1,o.9 9a.9 8; ? 6 '.745.7 1.2n.l1 ,.1.3 1.18".0 433.3 '197.B
April ................... ,259.9 115.2 1,026.0 ?2 1.2 124 2 761.7: 19.1s 3,069.1 1.311i. F".6 1,14..t 4 1.8 '2207.
May..................... 1,043.7 120.5 943.0 257.3 1l31.7 I ?7J.5 943.8 2.812 .0 1 .3'i6.1 5-j.2 1.u 3.f 477.7 '216.5
.JUtne................ .... I,09a.8 117 0 912 7 300' 6 1138 2 7"7 7 977 4 3.234 9 1.336 59 4 1,qr1 7 473 1 '226
July.................... 1,10.1 101.7 o63.2 340.3 '164.3 787.5 9B6.3 3.136.0 1,390.2 603.3 1,117.4 436.6 *222.0
August .................. 1,074.4 102.2 893.0 301.6 4110.6 789.9 1,0C23.t 3.362.6 1,519.9 661.4 1,189.1 460.2 '233.1
September............... 1,016.3 74.3 806.1 J2.8 '66.9 765.8 944.7 3.434.9 1.316.4 623.9 1,279.0 459.7 '224.6
October ................ 1,153.3 98.1 736.4 388 1 '112.2 713 1,008.9 3.783.5 1.595.0 633.3 1.558 3 454.2 *216 O
Iovember............
Dece ber ................

Linan j.stled

1973

January-December-........ 11.930.2 1,008.1 8,380.2 1,670.5 484.0 5.;149.4 7.161.6 2:.6;9.2 12.C,o8.6 5,032.3 110., 36 3.910.7 1,64 .0

January-October......... 9,255.5 78.I1 6,631,.6 1,339.3 544.9 4,638.1 2,724.9 22,655.6 9,896.5 4.105.3 8,653.8 3,231.3 1,'13.3

January................. 689.7 62.9 5.4.7 10'.2 44.0 386.8 178.6 1.9,6.2 Is52.1 369.7 734 2 275.1 118.9
February................ 670.3 74.5 663.6 106.7 4'.8 384.4 4'8.O 2.a27.3 670.6 352.1 6ol.3 270.6 13'.6
March................... 606.9 78.0 840.4 121.2 61.0 441 7 31.4 2.527.1 1,034.1 409.7 1.063.2 125.7 14 .?
April ................... 769.0 71.8 717.3 142.0 36.0 443.. ti ..7 2.2 1.2 971.3 3"4 6 90_o.3 324.3 166.4
May..................... 637.1 68.4 778.9 141.0 14.4 460.4 579S. 2. '.9.7 Ia34.1 439.3 1.0J6.3 334.7 140.7
June.. ............ ... 949. 3.4 7.2 137.68 9.1 76.s. 56.6 2 8. 1.11. 413 4 690.2 345.4 171.1
July .................... 907.4 12.1 563.6 132.3 ;8.9 r7.e a6.7 2,04.3 985.3 347 0 6:1.3 3'0 .9 133.2
August.................. 1216.7 77.3 523.2 154.1 >9.6 516.3 07.6 :',. 71.0 968.0 414.1 6 's.9 331.1 12 .s.
September............... 1,191.6 93.0 506.J 121.6 E6.0 5 5. 4a.61 2,324.- 1,.0O .6 129.. "H%0.9 336.9 147.7
October .. ............. 1,216.7 110.6 7 47.5 177.1 9. 1 ;52 9 70 .2 2, 35.6 1.112.1 44 8.4 9:24.2 37 .5 162.3
November................ 1,363.9 128.7 697.0 156.2 E.1.4 E66.6 731.13 :,567.68 ,89. 466.1 1,013.2 j73.3 17,.6
December ................ 1,290.8 94.3 531.3 175.0 77.E 3A44. 7-'05.1 2.64,.9 1. 117..A 46'.i 1,071.3 346.1 IV..2

1974

January-October......... 11,224 7 965.6 8.947.7 2,723.2 1.139 3 7,320.4 9,296 0 31 064.9 13.540 6 5,626 8 11.71; 6 4,466 7 2,10a B

January................. 1,198.1 90.8 854.0 144.2 73.7 604.E 756.3 2,515.5 1,118.9 521.5 875.1 371.3 184.1
February................ 1,156.8 87.2 992.6 178.6 96.5 650.2 795.5 2,734.3 1.136.8 489.5 1,107.9 382.9 174.2
March................... 1,257.3 79.1 1,113.8 181.6 100.9 ?34.8 934.3 3,376 3 1,414.6 5"4.3 1,3" 7.a 477.9 197 8
April................... 1,181.6 Q4.9 1,060.4 222.7 124.2 774.; 95?.0 3,186 .7 1,353.4 ;75.6 1,236.7 466.1 207.8
May ..................... 1,083.4 111.3 1,013.8 281.') 131.7 711.9 1,03& 3 3,268.F 1.41.8 590.9 1.2q9.5 500.7. 218.5
June.................... I 074 6 106.9 91?.? 309 3 136.2 775 9 903.3 3.267.2 1,36" 8 543 i 1.313 3 474.1 226.7
July.................... 1.061.5 90.0 768 4 305.7 164.J 798.5 9l6.1 2,809.9 1,331.6 769.1 9--6.2 sl1 .1 222.0.
August.................. 1,020.7 97.I 777.8 336.7 110.6 812.0 999.1 3,'1.6 1.440.8 62%.; 49 3.1 481.6 233.1
Seprember............... 1,000.1 83.7 647.3 332.2 e6.9 729.1 885.2 3,139.5 1,335 .7 597.7 i.163.1 439.9 224.6
October ................. 1,170.6 124 I 797 3 1419.4 112 2 7?8 7 1,r1'.9 3.76 7 1.6S.13 0 6389 4 1.495 9 473 3 216 0
November................
December.... ..........

'Schedule B section and selected division descrlptlons are aq follows

0. Food and live animals 7. Machinery ad transport equipment
I. Beverages ana tobacco 71. Mlacninery, other than electric
2. Crude materials, Inedible, except fuels 72. Electrical marchnery, apparatus, and appliances
3. Mineral fule, lubricants, and related materials 73. Transport equipment
4. AnLmal and vegetable oils and rats 6. Miscellaneous manufactured articles, n.e.e.
5. ChemlcaLs 9. Cnnmoaitie. ana transactLons not -' 'fled according to kind
G. Manufactured goods classified chiefly by material
Seasonally adjusted figures for section 1 may differ slightly Iron the -'u. ol avilslon 71, 72. and 72 .n is independentlb adjusted.
'Adjusted for seasonal and 4orkLng-day variation uslnr seasonal adlu.,ter.e factors irtrodaced tr, January See footnote 1 on front page.
Annual totals are not shobn for seasonally adjusted data. Unadjb'ted oata should be used for annual total. the adjusted section total In
thiJ Lable and similar overall monthly totals in tables I and 2 were adjusted independently.
GIn the absence of demonstrable seasonal patterns for this section, no seasonal adjustment factors have been applied to data.










8

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

January 1973 to October 1974

Part A Customs Value Basis

Iln mnilhons 01 dollars See Eplanalsoo oil Satis5ucst r.f ormnation on coverage id a d Lefinition of Custiios valu Unadjusted totals represent. sum or unfounded fIrures and hence
may ir iglghitl teram sum ur rounded amounlil

Schedule A sections'
Period
n 1 2 3 4 5 6 7 B 9


Seasonally adjusted'


1973

January-October......

January. .. .
February ........... .
Ma ch ...... .........
Apr l ....... ... .
May ...............
June .......... .....
Jul. ... ... .......
4ug us ... ... .......
September ...........
Oc tobe r. .. ..
ve ber. .... ....
Deceaner ...... .... .

1974

Janu.ary-October......

January ... ........
February.. .. ...
March ... ..........
Ap l 1 ....... .. .. ..
May .. .....
June. .. .....
July ........ ........
A.gEgu ...... .. ......
September. ...........
October .... ... .....
No evber..... .. ...
D-c mber .. .. ....




1973

January -December.....

Jandary-October......

Janua ry .. ..........
February .............
Ma rc .... ...... .....
April ... .. .. ....
May.... ...
June ... .
Jul .. ...... ... ...
A ug t .. ....... ......
September .. .

oc o t.e r... ..... ..
December ..... .. ..

1974

Janua ry -Oc tober ......

Janu r ...... ...... .
eb rua rs... ... .
Marcn .. ..... ....
April ... ........
May ...... ... .
Jun .... .. .........
Jul .. ..
August I... .. ..
Sen eoer ...... ..
Oc hober .......... .
h. er be r...... ....
Dec e .ber. .. .


1R.431.0 *
"at "

43.I 1
'Ji J I

70.6 L ,

















117.0






117 r, I
6il7 r. i


1 4 1



1 '. 7
126 .



1. :




1 167 1


1,1', I


11 1 ."
I 3. il ;

139.1
148.9
126.4
97 I


1,1 r*2.9

11t' 3



113 ?I


11'. ?










4.930 q

424 2

..' 1 7
II-. 5





492.7
47'u. 5


., ?14 .5

4f. A J

41e 4
,7St 4
:3 ` ;



736 3


I ..1 I,





20.195.5

L 197
I .5'i?
1 cc, l

..317 1
? ?37 7
18,38.3
2,.li 4.8
2,'-'1.6
2.3-1 3


tI19 7


'16 8
*1 4
14 73

Ilh n

18 0 I


3
'34 43




S I |.
'440.h1

'73 o


' 0 3
'a' 2
'? 6
'70.3
'14.3
.1 .2
U9 6


Lnad ousted


,.41L2. 7 972.8d







', 1 41

41. I 1

It-, I I 1
-I. 4 III I
74. I II


7.70l A


1- 4

a."


774.6,

650. 1
657 a


1.112 3





113 1



117.7
111.6
113.


5.0'3 es

4,134.8

354. i
341 1
J.J







I 3 1






4 956 6










496.7
n4.1


I,.113 .l

6,117. 179.7


495 5 Ib 1


l-i 'I II' .1
'14 e ? I

.; 4 '3 4


1."I1 3 ?1
I 6.,4 :2 3- .




20.655 3 '40.8

1 Vi'4 '-3 6
1 577 r. I, ?
1 1A l 3




,,1C'7.4 70.3
2,498.7 44.3
2,211.6 54.2
2,?7B.3 79.6


'S, hdule 94 setC i, dec i r pi ,r i at aurw .a lollows
0. rFoo and l. e animals


5. C er.m L


1. Bee-rages ano t -.baec" Manufactured goods-clas'if ed chiefly by material
2. C ru-e ,a.ter,ua i, ,oe.? l3, eIc-pT lu.el 7. Machinerv and transport equipment
3. Mineral fuels, loTicant and rFlaten a..te'rial' 8. Micellaneous munufa1tured nrtlele;. n.e.-.
4. animal ann -gveaible 1.i and f.tat CtcalmrditieS ana transaction's noi classic fed according to kind
Adjusted for seasonal and .rLd -d, .rlarl.n *a-rg seasonal .disatmen' factors inroducsd in January 1974. See footnote 1 on front
page. A4nrual to'ls arE no L, ..r. fIr ;ea=onally arluTed daia. Iinaaiusted nar. should be used for annual totals. Ihe adjusted section
total; in thii able ant siml lar overall m.onthl. tntal In T ables 1 and 3 *er ad ju 1en independently.
'In the absente or dmentn trahle 'easn.l ptir..r, loIr isi station, no stasonal adju-tmrent factors hawe been applied.


2, ''0.6


199 I

194 7

1?'. 7


















311 I
M 3 i
3.34 7
216 5















372.4
4 P7.5

413.7
439.0


10,868.5

I ,'63 A
1.145 3
1 n p,
9-e I

I ,no .
1.1 i. 1
1 144 I1
1 .n?4 I
1 ,''85 1
I 191 7
1 15 "l I




14.440( 8

1,0,5 11
1 759 71
I 354
1,74: 1
I 371 1
L 43 6
1,459.4
1,769.4
1,582.2
1,798.4


17,554.0

1.613.0C
1.674 i-
i 72.8
1.f49 3
1,737.3
1.411 3
1,.86 I1
I 91" 1


1 9- 3





20.611 .0

1 ,81" 1

I a5- r.
1, 74 ',
2 r'.4 9
2 103.2
2,301.5
?,336.9
2,172.5
2.013.?


,e.725.7


677.6
659.7
452.3
b66.4
676.4
6B4 4
701.4
677 5
689.9
779.8
699.4




7,779 2

660.1
741 0
779 3
746.3
184 3
I813 1
790.6
837.5
820.3
609.7


'al,493.9

'162.6
I128 7
a151.3
142.1
'I31 8
161 1
154 0
156 n
14S B
180 5
144 I
1156 0




'1,804.2

'144 6
a165 1

s179 11
'173.2
'183 0
a194.5
'157.6
'200.9
'115.5


1 ,794 0

1.493.9

162 8
128 7
151 3
142 1
131 8
161 1
154 0
156 0
145 6
10 5
144 1
156 t.




1,804.2

141 6
155 1
170 8
179 .1
173 2
183 0
194.5
187.6
200.9
215.5


2, 4*3.3

2,01B.5

L"9 I
2 L' 2

221 4
213 2














2On ;
164 43




22.' 1
:?3 9




3,209 7

30" I

27? 3
31.1 1
333 0
33"n
350. 8
36U.5
386.8
427 5


13 .,-.1

10,898.8

1 .10 3
933.8

.93 I
1 4. LI *.
.111 J
1 1-3 a
1 13, 3
q70 8

1 .1 1' 1

1.09'




14,4l91.

1.194 8

I 31: 8

1.494
I "l4 2
1,529.4
1,711.0
I ,575.9
1,836.5


21.076 I

17,490.6

1 l 1
I 573 6

I.R 3
1 7I'I 3

1,91S 7
1 70] 8

I 7511 i


I1 ? .5?,




20,519.8

1 .943 9
I :I I
I 0 1. 3

2.3113
? 15- 6A
2,131.2
1,993.4
2,011.7
2,126.5


8,217.4

6,613.4

7.31 6
584 2
643 q
C09 q
64 8
697 1
721 4
B81 4
668 7
7R5 ?
779 0
624 9




7,77.2

642 3

735 6
723.1 1
770 :I

800.4
885.5
935.5
837.6
906 6


'


LI11ad I u. I ed












Table 5. U.S. General Import Schedule A Sections, Seasonally Adjusted-and Unadjusted, b5 Month:
January 1974 to October 1974


Part B. C. i. I. Value Basis

SIn millions of dollars. S explanation of statistics for information on courage and a defimnlon oc c. I value. Unadjusted totals represwntl s of unrounded igure.s and hcnue may
vary slightly from sum of wounded amounlas

Schedule A sections'

a0 1 2 3 4 5 6 7 8 9

Seasonally adjusted'


1974

January-October...... 8,313 0 1,280.3 5,573 0 22,586 9 '460.0 3,436.0 iL.217.1 21.65.35 b,279 4 '1,860 i

January............... 774.9 104.9 479.0 1.325.4 '25.2 ?11.8 1,108.0 1.943.9 703.7 'lf .'
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 0 121.2 166 0 1,782 4 '37 1 269.4 1.424.; 2.014 1 I25.7 1,75 I
April................. R2R.2 128.8 543 9 2.597.5 -41 7 297.1 1,.315 4 2,luu. 6 '94 3 163 7
May ................. 874 9 125.2 584 5 2,493.0 '44 0 342.5 1 446.4 `,'07 8 837 j 1I78 .
June................. 88.8 137 8 61 8R 2.472 3 '27.9 347.4 1.601 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 2,137.1 642.9 200.2
August............... 806.1 1S.3. 620.8 7,728.9 *46.5 114.1 1,863.3 2,467.3 492.5 J193.7
Septeiber............. 705.0 138.5 557.6 2,404.0 '56.3 446.1 1,675.1 2,b69.3 874.4 '207.3
October.............. 667.6 100.5 533.2 2,505.3 '82 7 474 9 1,893 3 2,116 5 859 3 s225.2
Novemaber............
December ...........

Unadjusted


1974

January-October ...... 8,329 8 1.212.3 5,604.3 22,329.2 460 0 3,468 9 13.271 2 21.692 i 8.386.0 1,860 1

January.............. 841.3 109.1 467.0 1,450.0 25.2 217.9 1,149.0 2,046.9 684.7 150.2
Februarv............. 802.4 93.2 431.9 1,713.1 26.0 243.5 1,135.9 1,686.7 679.2 160.11
Mlarch................ 985.6 1123.8 543.9 1,946.4 37.1 683 9 I 3Ru.3 2,106.6 779.5 17;b I
April.... ........ 893.6 133.4 541.7 2.457.8 41.7 339.0 I 361.4 2 256.3 769.7 173 7
May................... 893 3 127.1 630.1 2,458.1 44 0 367.5 1.576 6 ? 439 6 822.2 178 2
June................. 37 3 138.2 638.0 2.264 6 27 K 355.1 ..596.4 2 176 1 852 8 lad I
July.................. 835.4 137.6 611.5 2,608.3 72.7 375.1 1.61. 4 2,56.8b 944.0 200.2
August................ 27.1 124.0 606.5 2,707.1 46.5 406.6 1,801.8 2,14.6 996.9 193.7
September............ 701.5 122.3 562.1 2,286.2 56.3 417.3 1,668. 27,l'Jl 4 892.8 207.5
October.............. 711.9 123.7 571.6 2.437.7 42.7 462.6 1.986 I 2.235 0 964 1 221 2
November ............
December r.......,,....

'Schedule A section descriptions are as follows:
0. Food and live animals 3. Chemicals
1. Beverages and tobacco 6, MarCufactured goods classilsea chiefly by material
2. Crude materials, inedible, except luels 7. Machinery and transport equipment
3. Mineral fuels, lubricants, and related materials Mlscellaneous manufacture articles. n.e.a.
4. Animal and vegetable olis and fat. 9. Commodstles and transacttona rot Celarssied according to hind
iAdjusted for seasonal and working-day variation using seasonal adjustmetL ainctors Introduceo ,n January 1973. See footnote I oru front
page. Annual totals are not shown for seasonally adjusted oata. Unadjusted anta ;,hiul be Used for annual totals, rthe adjusted section
totals in this table and s.mLlar overall monthly locals in tables I and J were aa jated independently.
[In the absence or demonstrable seasonal patterns for oinE 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


UNIVERSITY OF FLORIDA




POSTAGE ANM FEES PAID
U.S. DEPARTMENT OF COMMERCE
COM- 202 I
U.SLMAIL