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
                             November 2007

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 November exports of $142.3
billion and imports of $205.4 billion resulted in a goods and services deficit
of $63.1 billion, up from $57.8 billion in October, revised.  November exports
were $0.6 billion more than October exports of $141.7 billion.  November imports
were $6.0 billion more than October imports of $199.4 billion.

In November, the goods deficit increased $5.8 billion from October to $72.7 billion,
and the services surplus increased $0.4 billion to $9.6 billion.  Exports of goods
increased $0.1 billion to $101.0 billion, and imports of goods increased $5.9 billion
to $173.7 billion.  Exports of services increased $0.5 billion to $41.4 billion, and
imports of services increased $0.1 billion to $31.8 billion.

In November, the goods and services deficit was up $4.7 billion from November 2006.
Exports were up $16.4 billion, or 13.0 percent, and imports were up $21.1 billion,
or 11.4 percent.

Goods

The October to November change in exports of goods reflected increases in automotive
vehicles, parts, and engines ($0.5 billion); foods, feeds, and beverages ($0.4
billion); other goods ($0.4 billion); and industrial supplies and materials
($0.2 billion).  Decreases occurred in capital goods ($0.9 billion) and consumer
goods ($0.1 billion).

The October to November change in imports of goods reflected increases in industrial
supplies and materials ($4.7 billion); consumer goods ($0.8 billion); other goods
($0.3 billion); foods, feeds, and beverages ($0.2 billion); capital goods ($0.2 billion);
and automotive vehicles, parts, and engines ($0.1 billion).

The November 2006 to November 2007 change in exports of goods reflected increases in
industrial supplies and materials ($4.0 billion); foods, feeds, and beverages
($2.5 billion); capital goods ($2.2 billion); automotive vehicles, parts, and engines
($1.8 billion); consumer goods ($1.0 billion); and other goods ($0.5 billion).

The November 2006 to November 2007 change in imports of goods reflected increases in
industrial supplies and materials ($12.2 billion); capital goods ($2.1 billion);
consumer goods ($1.9 billion); automotive vehicles, parts, and engines ($1.2 billion);
foods, feeds, and beverages ($0.7 billion); and other goods ($0.4 billion).

Services

Services exports increased $0.5 billion from October to November.  The increase was
mostly accounted for by increases in transfers under U.S. military sales contracts,
other transportation, which includes freight and port services, and travel.  Changes
in other categories of services exports were small.

Services imports increased $0.1 billion from October to November.  The increase was
mostly accounted for by an increase in other private services, which includes items
such as business, professional, and technical services, insurance services, and
financial services.  Changes in other categories of services imports were small.

From November 2006 to November 2007, services exports increased $4.2 billion.  The
largest increases were in travel($1.6 billion) and other private services ($1.1 billion).

From November 2006 to November 2007, services imports increased $2.4 billion.  The
largest increases were in other private services ($1.1 billion) and travel ($0.5 billion).

Goods and Services Moving Average

For the three months ending in November, exports of goods and services averaged $141.5
billion, while imports of goods and services averaged $200.8 billion, resulting in an
average trade deficit of $59.3 billion.  For the three months ending in October, the
average trade deficit was $57.3 billion, reflecting average exports of $140.5 billion
and average imports of $197.7 billion.

Selected Not Seasonally Adjusted Goods Details

The November figures showed surpluses, in billions of dollars, with Australia $1.0
($0.9 for October), Hong Kong $1.0 ($1.3), Singapore $0.6 ($0.7), and Egypt $0.3 ($0.5).
Deficits were recorded, in billions of dollars, with China $24.0 ($25.9), Europe $12.0
($13.7), OPEC $11.8 ($11.0), the European Union $10.4 ($11.9), Mexico $7.6 ($7.5),
Japan $7.1 ($8.0), Canada $4.7 ($5.4), Taiwan $1.3 ($1.4), and Korea $1.2 ($0.8).

Advanced technology products (ATP) exports were $23.6 billion in November and imports
were $30.0 billion, resulting in a deficit of $6.4 billion.  November exports were
$1.6 billion less than the $25.2 billion in October, while imports were $1.9 billion
less than the $31.8 billion in October.

Revisions

Goods carry-over in November was $0.3 billion (0.3 percent) for exports and $1.3
billion (0.7 percent) for imports.  For October, revised export carry-over was $0.1
billion (0.1 percent), revised down from $0.4 billion (0.3 percent).  For October,
revised import carry-over was $0.5 billion (0.3 percent), revised down from $1.5 billion
(0.8 percent).

Services exports for October were revised up $0.2 billion to $40.8 billion.  The
revision was mostly accounted for by an upward revision in travel.  Services imports
for October were virtually unrevised at $31.7 billion.