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:
December 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_00043
Classification:
lcc - HF105 .B73e
ddc - 382/.0973
System ID:
AA00005271:00043

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
-J / O-/ .

SUMMARY OF U.S. EXPORT AND
I IMPORT MERCHANDISE TRADE
December 1975


FT-900-75-12 Supplement


FOR RELEASE


JNIV. OF FL LI S.

Litui i-t
.... 0 .....NT ...T,,,

U.S. DEPOE TOTY



This supplement contains monthly and cumulative-to-date 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
December 1975. (It should be noted that imports into the Virgin Islands are
excluded from the official U.S. import totals presented in Report FT 900.) The
data in these tables are not adjusted for seasonal and working-day variation.
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.
(A definition of the f.a.s. import value is included in the "Explanation of
Statistics" on page 2.)


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, BUREAU OF THE CENSUS
For sale by the Subscriber Services Section (Publicationsi, Bureau of the Census. Washington, D.C. 20233, or an'
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

Import Monthly Carryover


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. Ihe District of Columbia. and Puerto Rico Ship-
menis between thile United Slates and Puerto Rico. between
the United Siales ail the-VigiIn Islands. Guam. American
Samoa, and otheFr PU.A.,po$sssid between any of these
outlying areLs.,p&d' import. iklo'l S. possessions from
foreign ceirrties are not included's,in the U S import
slatistli',l-'AW ever. separate dalar oin imports of petroleum
and petrfleti products into the Virpgn islands from foreign
countries IM:'lJ4ted in 'is rdp r .'(Statistics on U.S.
trade wiihgPyerto Rico anflVwitlC U.S. possessions are
published .sepqately in Report FT'8'0* Additional data on
such trad/', ff-''i, imports itroilha 'Virgin Islands from
foreign com fIIif ponta mef ibratrence tabulations.)

General Impb'tsiA4mln rts for Consumption

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

The olTicial U S. statistics on imports Jre compiled by the
Bureau of thlie Census from copies of the import entry and
warehouse withdrawal forms which importers are required
b) law to file with Customs officials The information as to
country of origin, net quantity. salue and commodity
classification is \erified bN Customs officials on entries filed
for Iransactions allued over 5250. which are ordinarily
subject to eaminiiation for Customs appraisement purposes
The stalistics for eJach month are generally released about 3
to 4 weeks after the end of the given month.

Import Valuation

The f a s free alongside ship value shown in tables IA
and I B of this report represents the transaction value of
imports at the foreign port of e\porlatlon. It is based on the
purchase priLC. i c.. tlhe aluil 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 thie Virgin Islands from
foreign countries represents llie 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 where
making month-to-month comparisons

Cumulations of data over at least 4-month periods arn
desirable to identify underlying trends. Month-to-montl
changes in imports, exports, and similar series often reflect
primary irregular movements, differences in monthly:
carryover, etc.

Reliability of the Data
This report presents fully compiled data for impor
shipments of petroleum and petroleum products value(
$251 and over. Data on any shipments valued undei
5251 are not included in this report. Information on
under-5251 shipments is not compiled by commodity.
but estimates based on a I-percent sample are included
in the overall import total.

Although the statistics in this report are fully com-
piled, the figures are subject to the possibility of errors
which may arise from various sources. Among these are
errors in the reporting and/or processing of information
as to commodity classification, net quantity, value, and
month of inclusion (see Import Monthly Carryover.
above). However, the possibility of error is considerably
reduced due to the verification by Customs officials of
statistical information reported on entries filed for trans-
actions valued over $250. In addition, the procedures
used to compile the statistics include clerical and com-
puter processing checks designed to protect the accuracy
of the statistics to the fullest practicable extent.


Coverage







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. Januan through November 1975 issues. figures are a%.
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 rellec
revisions issued with Deember 1974 statistics or
earlier.


b. Jtitle thTrough DLeithber 1975 i-istes figrires relle.t
rel'isionl to 1974 dlaia Issued \% 11I J ill, I1 '5 'taltistlC
or .irliitr




In addition to thlt re,15osins itlll]l are InJIde Il aJ piriodiL'
basis. jirstifnces miJ\ Octuir where a signiiltant error in the
stlatisltis for a mionthr o thli c'urrtrrl ,'jar is dipcotcrd after
tile StattiMIL for tihj monllth dre cominpled If tihe error is of
sufficient imporlJnce to require correctL'lion prior to t Ii lime
that the regular rcisi'nsI are carried. tlie orr.tion l ir Iade
and bo noted in i11nt or oilier reports



Additional information regarding tire iorcLgn trade sia-
lisliis nmo be obt.ained Iron tire I-or.ign Trjad Diision.
Bureau of thie ('eisus Wajluiiigtlon. D C 1012.33


Schedule A and TSUSA Commodity Numbers Used in Compiling the Information

Presented in This Report


Energy products

Schedule A. No.


Crude and partly refined
petroleum
331.0120
331.0140
331.0210
331.0220
331.0230
331.0240
Crude petroleum
331.0120
331.0140

GasolLine
332.1000
Jet fuel
332.2020
Kerosene
332.2040
Distillate fuel oil
332.3020
332.3040

Residual fuel oil
332.4020
332.4040

Propane and butane gas
341.0020

Liquid derivatives of
petroleum, n.e.s.
332.9940 pt.


Nonenergy products


TSUSA No.


475.0510
475.1010
475.0520, 475.0540
475.1020, 475.1040
475.3520
475.6520


475.0510
175.1010


475.2520, 475.2560


475.2540


475.3000


475.0530
475.1030


475.0550
475.1050


Schedule A. No.

Lubricating oi lI
332.5ul00 pt.
Lubricating gre3ses
332.,0,") pt.

Paraffin and other min-
eral waxes
332.6220 pt.
332. JM II
ASpha 1 L
JJI.. 9m'-l
Napthas not 13r Lurther
refi nement
332.9920

All other petroleum pru-
ducts Lpitch of tar
coke, nonliquid hydro-
carbon mixtures, and
calcin.d petrolLum and
coal cokt not for fuel)
332.9700 pt.
332.99-0 pt.
599J.nit11 pt.


TSUSA No.


475.4500


417 .55510, 175.600,'


194.2200
19 I1. 2 101)


321.11 11u



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401 .6200
4 75. 7(000
51 7 511.10


475.1510, 475.1530



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U.S. DEPARTMENT OF COMMERCE
Bureau of the Census
Washington, D.C. 20233

OFFICIAL BUSINESS
FIRST CLASS MAIL


UEN ERSErY OF FLOa.



U.S. DEPARTMENT OF COMMERCE -
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