FOR IMMEDIATE RELEASE 8:30 A.M. EDT THURSDAY, AUGUST 11, 2011
                                                                      CB11-139
                                                                      BEA11-41
                                                                      FT-900 (11-06)

                             U.S. Census Bureau
                      U.S. Bureau of Economic Analysis
                                    NEWS
             U.S. Department of Commerce * Washington, DC 20230

               U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
                                  June 2011

Goods and Services

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the
Department of Commerce, announced today that total June exports of $170.9 billion
and imports of $223.9 billion resulted in a goods and services deficit of $53.1
billion, up from $50.8 billion in May, revised.  June exports were $4.1 billion less
than May exports of $175.0 billion.  June imports were $1.9 billion less than May
imports of $225.8 billion.

In June, the goods deficit increased $2.1 billion from May to $67.6 billion, and the
services surplus decreased $0.1 billion to $14.5 billion.  Exports of goods decreased
$4.1 billion to $121.2 billion, and imports of goods decreased $1.9 billion to
$188.8 billion.  Exports of services remained virtually unchanged at $49.6 billion,
and imports of services remained virtually unchanged at $35.1 billion.

The goods and services deficit increased $6.2 billion from June 2010 to June 2011.
Exports were up $19.5 billion, or 12.9 percent, and imports were up $25.7 billion,
or 13.0 percent.

Goods (Census Basis)

The May to June decrease in exports of goods reflected decreases in industrial
supplies and materials ($2.0 billion); capital goods ($1.5 billion); foods, feeds,
and beverages ($0.8 billion); and other goods ($0.5 billion).  An increase occurred
in consumer goods ($0.7 billion).  Automotive vehicles, parts, and engines were
virtually unchanged.

The May to June decrease in imports of goods reflected decreases in industrial
supplies and materials ($2.2 billion); automotive vehicles, parts, and engines
($0.2 billion); capital goods ($0.1 billion); and consumer goods ($0.1 billion).
Increases occurred in other goods ($0.7 billion) and foods, feeds, and beverages
($0.1 billion).

The June 2010 to June 2011 increase in exports of goods reflected increases in
industrial supplies and materials ($7.5 billion); capital goods ($3.0 billion);
foods, feeds, and beverages ($2.2 billion); consumer goods ($1.4 billion); and
automotive vehicles, parts, and engines ($1.4 billion).  A decrease occurred in
other goods ($0.3 billion).

The June 2010 to June 2011 increase in imports of goods reflected increases in
industrial supplies and materials ($15.8 billion); capital goods ($5.2 billion);
foods, feeds, and beverages ($1.5 billion); other goods ($0.7 billion); and consumer
goods ($0.6 billion).  Automotive vehicles, parts, and engines were virtually
unchanged.

Services

Services exports were virtually unchanged from May to June.  Decreases in passenger
fares and other transportation (which includes freight and port services) were
mostly offset by an increase in other private services (which includes items such as
business, professional, and technical services, insurance services, and financial
services).  Changes in the other categories of services exports were small.

Services imports were virtually unchanged from May to June.  The changes in all
categories of services imports were small and mostly offsetting.

The June 2010 to June 2011 increase in exports of services was $3.7 billion.  The
largest increases were in other private services ($2.4 billion), travel ($0.8
billion), and passenger fares ($0.2 billion).  Within other private services, the
largest increases were in financial services and business, professional, and
technical services.

The June 2010 to June 2011 increase in imports of services was $1.2 billion.  The
largest increases were in other private services ($0.6 billion), travel ($0.2
billion), and passenger fares ($0.2 billion).  Within other private services, the
largest increases were in business, professional, and technical services and
financial services.

Goods and Services Moving Average

For the three months ending in June, exports of goods and services averaged $173.9
billion, while imports of goods and services averaged $223.1 billion, resulting in
an average trade deficit of $49.2 billion.  For the three months ending in May, the
average trade deficit was $47.1 billion, reflecting average exports of $174.7
billion and average imports of $221.8 billion.

Selected Not Seasonally Adjusted Goods Details

The June figures show surpluses, in billions of dollars, with Hong Kong $2.4 ($2.1
for May), Australia $1.4 ($1.2), Singapore $1.0 ($0.8), and Egypt $0.3 ($0.4).
Deficits were recorded, in billions of dollars, with China $26.7 ($25.0), OPEC $13.8
($11.3), European Union $9.8 ($8.8), Mexico  $6.4 ($6.3), Japan $4.0 ($2.6), Germany
$4.0 ($3.8), Venezuela $3.3 ($3.1), Nigeria $3.0 ($2.3), Canada $2.8 ($2.7), Ireland
$2.8 ($2.4), Taiwan $1.8 ($1.5), and Korea $1.6 ($1.3).

Advanced technology products exports were $24.7 billion in June and imports were
$33.5 billion, resulting in a deficit of $8.8 billion.  June exports were $1.3
billion more than the $23.3 billion in May, while June imports were $2.2 billion
more than the $31.2 billion in May.

Revisions

For May goods on a Census basis, not seasonally adjusted, exports were revised up
$0.1 billion and imports were revised up $0.7 billion.  Goods carry-over in June was
$0.2 billion (0.2 percent) for exports and $1.7 billion (0.9 percent) for imports.
For May, revised export carry-over was $0.1 billion (0.0 percent), virtually
unrevised.  For May, revised import carry-over was $0.1 billion (0.0 percent),
revised down from $0.7 billion (0.4 percent).

For May goods on a balance of payment basis, exports were revised up $0.1 billion and
imports were revised up $0.7 billion.

Services exports and imports for May were virtually unrevised.