TABLE M-4 U.S. International Trade in Transportation-Related Services: 1995-2005

TABLE M-4 U.S. International Trade in Transportation-Related Services: 1995-2005

Millions of current dollars

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  Imports Exports Total Trade balance
1995 41,697 44,990 86,687 3,293
1996 43,212 46,496 89,708 3,284
1997 47,097 47,874 94,971 777
1998 50,334 45,702 96,036 −4,632
1999 55,454 46,701 102,155 −8,753
2000 65,699 50,490 116,189 −15,209
2001 61,315 46,368 107,683 −14,947
2002 58,376 46,241 104,617 −12,135
2003 65,662 47,285 112,947 −18,377
2004 77,884 56,287 134,171 −21,597
2005 88,173 63,176 151,349 −24,997

NOTE: Transportation-related services include passenger fares and freight and port services. It excludes receipts and payments for travel services, which includes purchases of goods and services (e.g., food, lodging, recreation, gifts, entertainment, and any incidental expense on a foreign visit). Trade balance is equal to exports minus imports.
These data have not been adjusted for inflation because there is no specific deflator available for transportation-related services. 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, Bureau of Economic Analysis, International Transactions Accounts data, available at http://www.bea.doc.gov/, as of June 2006.