Energy Overview

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					Energy Overview                                                 2007 and 2008: “U.S. International Trade in Goods and
                                                                Services,” FT-900, monthly.

Note: Merchandise Trade Value. Import data presented
are based on the customs value. That value does not include     Petroleum Imports
insurance and freight and is consequently lower than the
cost, insurance, and freight (CIF) value, which is also         1974-1987: “U.S. Merchandise Trade,” FT900, December
reported by the Bureau of the Census. All export data, and      issues, 1975-1988.
import data prior to 1981, are on a free alongside ship         1988 and 1989: “Report on U.S. Merchandise Trade,” Final
(f.a.s.) basis.                                                 Revisions.
                                                                1990-1993: “U.S. Merchandise Trade,” Final Report.
“Balance” is exports minus imports; a positive balance          1994-2006: “U.S. International Trade in Goods and
indicates a surplus trade value and a negative balance          Services,” Annual Revision.
indicates a deficit trade value. “Energy” includes mineral      2007 and 2008: “U.S. International Trade in Goods and
fuels, lubricants, and related material. “Non-Energy Balance”   Services,” FT-900, monthly.
and “Total Merchandise” include foreign exports (i.e.,
re-exports) and nonmonetary gold and Department of              Energy Exports and Imports
Defense Grant-Aid shipments. The “Non-Energy Balance”
is calculated by subtracting the “Energy” from the “Total       1974-1987: U.S. merchandise trade press releases and
Merchandise Balance.”                                           database printouts for adjustments.
                                                                1988: January-July, monthly FT-900 supplement, 1989
“Imports” consist of government and nongovernment               issues. August-December, monthly FT-900, 1989 issues.
shipments of merchandise into the 50 States, the District of    1989: Monthly FT-900, 1990 issues.
Columbia, Puerto Rico, the U.S. Virgin Islands, and the         1990-1992: “U.S. Merchandise Trade,” Final Report.
U.S. Foreign Trade Zones. They reflect the total arrival        1993-2006: “U.S. International Trade in Goods and
from foreign countries of merchandise that immediately          Services,” Annual Revision.
entered consumption channels, warehouses, the Foreign           2007 and 2008: “U.S. Internat
				
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