TABLE 12-3 U.S. Trade Balance in Transportation-Related Goods: 1990-2002

TABLE 12-3 U.S. Trade Balance in Transportation-Related Goods: 1990-2002

Transportation-related goods exports minus imports

Millions of current dollars

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  1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
Trade balance -17,459 -8,745 -6,296 -16,145 -24,096 -30,689 -25,546 -23,108 -25,082 -55,083 -79,598 -76,143 -82,136

NOTES: Transportation-related goods are motor vehicles and parts, aircraft and spacecraft and parts, railway vehicles and parts, and ships and boats. Totals may not equal the sum of parts due to rounding.

These data have not been adjusted for inflation because there is no specific deflator available for transportation-related goods. In addition, it is difficult to control for trading partners' inflation rates as well as currency exchange fluctuations when adjusting the value of internationally traded goods and services for inflation.

SOURCE: U.S. Department of Transportation, Bureau of Transportation Statistics, calculations based on data from U.S. Department of Commerce, U.S. International Trade Commission, Interactive Tariff and Trade DataWeb, available at http://dataweb.usitc.gov/, as of February 2003.