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U.S. International Trade: Data and Forecasts (CRS Report for Congress)

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Release Date Revised July 5, 2006
Report Number IB96038
Authors Dick K. Nanto and Thomas Lum, Foreign Affairs, Defense, and Trade Division
Source Agency Congressional Research Service
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Summary:

In 2005 the United States incurred arecord merchandise trade deficit of $766billion on a census basis and $783 billion ona balance-of-payments basis (BoP). A surplusin services trade of $66 billion gave a deficitof $717 billion on goods and services (BoP)for the year - up $105 billion or 17.2% fromthe $611 billion deficit in 2004.
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