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:
January 1975
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_00023
Classification:
lcc - HF105 .B73e
ddc - 382/.0973
System ID:
AA00005271:00023

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
U^o.^.ID.UN T t-l/5pp.


SUMMARY OF U.S. EXPORT AND
IMPORT MERCHANDISE TRADE

t4 JANUARY 1975


FT 900-75 1


FOR RELEASE
FEBRUARY 27, 1975
10:00 A.M.


Supplement




UNV. OF L. i


U.S. DEPOnTO'RY


This Supplement contains monthly data on U.S. general imports of crude
petroleum and selected petroleum products into the U.S. Customs area and
into the Virgin Islands for the period January 1974 through January 1975.

Beginning with the issue for January 1975, the value figures presented for
1974 and 1975 are in terms of the f.a.s. (free alongside ship) import value.
In prior issues, the value figures are in terms of the Customs import value.
This change as stated in the 1974 issues of Report FT 900, will provide users
with data for both exports and imports calculated on a f.a.s. transactions
value basis. (A definition of the f.a.s. import value is included in the
"Explanation of Statistics" on page 2.)


tiN
K-x)


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.
U.S. DEPARTMENT OF COMMERCE, Social and Economic Statistics Administration, BUREAU OF THE CENSUS
For sale by the Subscribers Services Section (Publications), Social and Economic Statistics Administration,
Washington, D.C. 20233, or any U.S. Department of Commerce district office. Price 10 cents per copy. Annual
subscription (FT 900,975, 985, and 986 combined) $3.00.







EXPLANATION OF STATISTICS


The official U.S. statistics on imports are compiled by the
Bureau of the Census from copies of the import entry and
warehouse withdrawal forms which importers are required
by law to file with Customs officials. The information as to
country of origin, net quantity, value and commodity
classification is verified by Customs officials on entries filed
for transactions valued over $250, which are ordinarily
subject to examination for Customs appraisement purposes.
The statistics for each month are generally released about 3
to 4 weeks after the end of the given month.

The U.S. import statistics reflect both government and
nongovernment imports of merchandise from foreign coun-
tries into the U.S. Customs territory, which includes the 50
States, the District of Columbia, and..Puerto Rico. Ship-
ments between the United States aldPueito Rico, between
the United States and the Virgin Islands, Guam. American
Samoa, and other U.S. possessions, between any of these
outlying areas, and imports into U.S. possessions from
foreign countries are not included in the U.S. import
statistics. However, separate data on imports of petroleum
and petroleum products into the Virgin Islands from foreign
countries are presented in this report. (Statistics on U.S.
trade with Puerto Rico and with U.S. possessions are
published separately in Report FT 800. Additional data on
such trade and on imports into the Virgin Islands from
foreign countries are contained in reference tabulations.)

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

The f.a.s. (free alongside ship) value shown in tables IA
and IB of this report represents the transaction value of
imports at the foreign port of exportation. It is based on the
purchase price, i.e., the actual transaction value and
generally includes all charges incurred in placing the
merchandise alongside the carrier at the port of exportation
in the country of exportation. The value information shown
in tables 2A and 2B for imports into the Virgin Islands from
foreign countries represents the dutiable value of the
merchandise in the Virgin Islands.

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 "immedi-
ate-delivery" procedures, importers may file the import
entry up to 10 workdays after the actual date of importa-


tion.) Also, because of processing problems (e.g., late
receipt of a document for an end-of-month shipment,
rejection of a shipment by the computer because the data
fail to meet certain edit criteria established to protect the
accuracy of the statistics, etc.), there is an overall average
carryover of U.S. imports of about seven percent (in terms
of value) of the shipments from the reported month of
importation (based on the date of the import entry or
warehouse withdrawal) to a subsequent month, usually the
succeeding month. For Virgin Islands imports, the carryover
is about four percent. In addition, as a result of the
aforementioned Customs "immediate-delivery" procedures,
there is a further carryover of presently unknown magni-
tude 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.


Revisions To The Statistics

Revisions are carried into the statistics on a periodic
basis. Data for 1974 and 1975 appearing in the 1975
monthly issues of this report are presented as follows:

1975 Statistics

a. January through November 1975 issues: figures are as
originally issued, except as noted below.
b. December 1975 issue: figures reflect revisions for
prior months of the year issued with December 1975
statistics or earlier, as noted below.

1974 Statistics

a. January through May 1975 issues: figures reflect
revisions issued with December 1974 statistics or
earlier.
b. June through December 1975 issues: figures reflect
revisions to 1974 data issued with June 1975 statistics
or earlier.

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

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


r 900 Supplement. January 1975











3

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

Energy products Nonernrgy pr.:.-au cs

Schedule A. No. TAUSA No. Scnedul, A. No. TSLISA No.

Crude and partly refined petroleum Lbricat ng oils
331.0120 475.0510 332.5000 pi. 47 .4500
331.0140 475.1010
331.0210 475.0520. 472.0540 Lubric.ittng grease
331.0220 475.1020. 475.1040 332 5000 p'. 475.5500 4;5.60-',0
331.0230 475.3520
331.0240 475.6520 Piraffln and other mineral .axes
332.62?0 pt. 494.?2u0
Crude petroleum. 332.6240 494.2400
331.0120 475.0510
331.0140 475.1010 Asphalt
332. 9rj0 521. 1100
Gasoline
332.1000 475.25250, 4l5.25C Naptra- pot lor further ret lrinenr
33? 9920 475 3540
Jet fuel
332.2020 475.25410 All other petroleum products (pitch
o! tar coke, ronilqu.o hydrocarbon
Kerosene mnxtures, ard calcrned petroleum and
332.2041) 475.3000 ciol coke r..3r for i.ul
332 9700 pt. 401.6200
Distillate fuel oil 332.9940 or. 4;..70i0
332.3020 475.0530' 593.8n04 pt 517. 110'
332.3040 47".In30

Residual fuel oil
332.4020 475.05',0
332.4040 4751.i5,0

Propane ana butane gas
341.1020 .175.1510, 4 1530[
Liquid derisatleis or petroleum.
n.e.e.
332.9940 pt. 475.054U













































































































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Social and Economic Statistics Administration
BUREAU OF THE CENSUS
Washington. D.C 20233


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