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1.2 The Status of U.S. Foreign Trade

A. Size of total trade (seasonally adjusted, in US$ billion):

Year   Imports Exports GNP  Total Trade (% of GNP
Goods  Services Goods  Services
1997 877.3 1,705.2 679.3 2,582.7 7,690.0  5,844.5 (76.0%)
1996  803.3 1,562.1 612.0  2,387.9 7,637.7 5,365.3 (70.2 %)
1995 749.6 11,459.6 575.8 2,198.0 7,270.6 4,983.0 (68.5 %)

Source: 1. U.S. Census Bureau (www.census.gov ) 
             2. Bureau of Economic Analysis, U.S. Department Of Commerce

B. U.S. leading exports by commodity in 1997:

1. Electrical machinery

2. Airplane & parts

3. Misc. manufactured goods

4. ADP equipment & office machinery

5. General industrial machinery

6. Vehicle & parts

7. Power generating machinery

8. Specialized industrial machinery

9. Scientific instruments

10. Telecommunications equipment

C. U. S. leading imports by commodity in 1997:

1 - New automobiles

2. Electrical machinery

3. ADP equipment and office machinery

4. Crude oil

5. Misc. manufactured goods

6. Clothing

7. Telecommunications equipment

8. Vehicle parts

9. Power generating machinery

10. General Industrial machinery

D. Top U.S. trading partners in 1997:

                    

Rank Import from Export to
1 Canada  Canada
2  Japan  Japan
3 Mexico  Mexico
4 China United Kingdom
5 Germany Germany
6 Taiwan South Korea
7 United Kingdom Taiwan
8 South Korea Netherlands

        Source: The above data are excerpted from National Trade Data Bank (NTDB). Issued monthly by the
                  Department of Commerce. the NTDB CD-ROM is a product full of trade data,, reports, and overseas
                  contacts relating to U.S. foreign trade. The CD-ROM may be obtained by calling NTDB at: 202-482-1986

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