No. 1323. U.S. Exports, General Imports, and Trade Balance in Goods [In billions of dollars ($43.8 represents $43,800,000,000). Domestic and foreign exports, are f.a.s. value basis; general imports are on customs value basis] -------------------------------------------------------------------------------------------------- Total goods \1 Manufactured goods \2 \3 Agricultural products \4 Year --------------------------------------------------------- ----------------------------- Exports Imports Balance Exports Imports Balance Exports Imports Balance -------------------------------------------------------------------------------------------------- 1970 43.8 40.4 3.4 31.7 27.3 4.4 7.3 5.8 1.6 1971 44.7 46.2 -1.5 32.9 32.1 0.8 7.8 5.8 2.0 1972 50.5 56.4 -5.9 36.5 39.7 -3.2 9.5 6.5 3.0 1973 72.5 70.5 2.0 48.5 47.1 1.3 17.9 8.5 9.4 1974 100.0 102.6 -2.6 68.5 57.8 10.7 22.3 10.4 11.9 1975 109.3 98.5 10.8 76.9 54.0 22.9 22.1 9.5 12.6 1976 117.0 123.5 -6.5 83.1 67.6 15.5 23.3 11.2 12.1 1977 123.2 151.0 -27.8 88.9 80.5 8.4 24.2 13.6 10.6 1978 145.9 174.8 -28.9 103.6 104.3 -0.7 29.8 15.0 14.8 1979 186.5 209.5 -23.0 132.7 117.1 15.6 35.2 16.9 18.3 1980 225.7 245.3 -19.6 160.7 133.0 27.7 41.8 17.4 24.3 1981 238.7 261.0 -22.3 171.7 149.8 22.0 43.8 17.2 26.6 1982 216.4 244.0 -27.6 155.3 151.7 3.6 37.0 15.7 21.3 1983 205.6 258.0 -52.4 148.5 171.2 -22.7 36.5 16.5 19.9 1983 205.6 258.0 -52.4 148.7 170.9 -22.2 36.1 16.0 20.2 1984 224.0 330.7 -106.7 164.1 230.9 -66.8 37.9 19.3 18.6 1985 218.8 336.5 -117.7 168.0 257.5 -89.5 29.3 19.5 9.8 1986 227.2 365.4 -138.2 179.8 296.7 -116.8 26.3 20.9 5.4 1987 254.1 406.2 -152.1 199.9 324.4 -124.6 28.7 20.3 8.4 1988 322.4 441.0 -118.6 255.6 361.4 -105.7 37.1 20.7 16.4 1989 363.8 473.2 -109.4 287.0 379.4 -92.4 41.6 21.1 20.5 1990 393.6 495.3 -101.7 315.4 388.8 -73.5 39.6 22.3 17.2 1991 421.7 488.5 -66.8 345.1 392.4 -47.3 39.4 22.1 17.2 1992 448.2 532.7 -84.5 368.5 434.3 -65.9 43.1 23.4 19.8 1993 465.1 580.7 -115.6 388.7 479.9 -91.2 42.8 23.6 19.2 1994 512.6 663.3 -150.7 431.1 557.3 -126.3 45.9 26.0 20.0 1995 584.7 743.4 -158.7 486.7 629.7 -143.0 56.0 29.3 26.8 1996 625.1 795.3 -170.2 524.7 658.8 -134.1 60.6 32.6 28.1 1997 689.2 870.7 -181.5 592.5 728.9 -136.4 57.1 35.2 21.9 1998 682.1 911.9 -229.8 596.6 790.8 -194.2 52.0 35.7 16.3 1999 695.0 1,025.0 -330.0 611.6 882.7 -271.1 48.2 36.7 11.5 -------------------------------------------------------------------------------------------------- \1 Includes nonmonetary gold, military grant aid, special category shipments, trade between the U.S. Virgin Islands and foreign countries and undocumented exports to Canada. Adjustments were also made for carryover. Import values are based on transaction prices whenever possible ("f.a.s." for 1974-1979 and Customs value thereafter). Import data before 1974 do not exist on a transaction price valuation basis. \2 Manufactured goods include commodity sections 5-9 under Schedules A and E for 1970-1982 and SITC Rev. 3 for 1983-forward. Manufactures include undocumented exports to Canada, nonmonetary gold (excluding gold ore, scrap, and base bullion), and special category shipments. \3 Data for 1970-1980 exclude trade between the U.S. Virgin Islands and foreign countries. Census data concordances link the 1980-92 trade figures into time series that are as consistent as possible. Data for 1070-79 are not linked and are from published sources. Import values are "f.a.s." for 1974-1979 and Customs value thereafter; these values are based on transaction prices while maintaining a data series as consistent as possible over time. Import data before 1974 do not exist on a transaction price valuation basis. 1991 Imports include revisions for passenger cars, trucks, petroleum and petroleum products not included elsewhere; see footnote 7 on page 18 for more details. \4 Agricultural products for 1983-forward utilize the latest Census definition that excludes manufactured goods that were previously classified as manufactured agricultural products. Source: U.S. International Trade Administration, through 1996, U.S. Foreign Trade Highlights, annual; thereafter, access date: June 9, 2000; . http://www.ita.doc.gov/