TABLE 11-3 U.S. Trade Balance in Transportation-Related Goods: 1994-2004

TABLE 11-3 U.S. Trade Balance in Transportation-Related Goods: 1994-2004

Transportation-related goods exports minus imports
Millions of current dollars

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  1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Trade balance -24,096 -30,689 -25,545 -23,109 -25,083 -55,083 -79,597 -76,142 -82,137 -87,067 -92,363

NOTES: Transportation-related goods are motor vehicles and parts, aircraft and spacecraft and parts, railway vehicles and parts, and ships and boats.

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, Research and Innovative Technology Administration, 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 May 2005.