Table 2.1 U.S. Receipts and Payments for Travel and Passenger Fares with the Top 5 Areas: 2004

Table 2.1
U.S. Receipts and Payments for Travel and Passenger Fares with the Top 5 Areas: 2004

(Millions of dollars)

Excel | CSV

Areas Receipts from foreign residents Payments by U.S. residents Balance
(receipts minus payments)
Total Travel receipts Passenger fare receipts Total Travel payments Passenger fare payments Total Travel balance Passenger fare balance
European Union1 29,179 22,730 6,449 30,980 20,032 10,948 –1,801 2,698 –4,499
United Kingdom 12,655 9,576 3,079 9,855 6,071 3,784 2,800 3,505 –705
Japan 13,091 10,051 3,040 3,377 2,467 910 9,714 7,584 2,130
Canada 10,436 7,930 2,506 7,609 7,166 443 2,827 764 2,063
Mexico 7,624 6,257 1,367 10,177 9,317 860 –2,553 –3,060 507
Australia 2,554 2074 480 1,846 1,128 718 708 946 –238
Total, top 5 62,884 49,042 13,842 53,989 40,110 13,879 8,895 8,932 –37
Total, all areas 93,339 74,481 18,858 89,336 65,635 23,701 4,003 8,846 –4,843

1 The "European Union" includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, United Kingdom; and beginning with the second quarter of 2004, also includes Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, Slovenia.

NOTES: Areas are ranked by total receipts. BEA does not provide detailed data for the European Union.

Travel—Travel accounts cover purchases of goods and services by U.S. citizens traveling abroad and by foreign travelers in the United States for business or personal reasons. These goods and services include food, lodging, recreation, gifts, entertainment, and other items incidental to a foreign visit.

Passenger fare—Passenger fare accounts cover fares paid by residents of one country to airline and vessel operators (carriers) of another country.

Receipts—Fares received by U.S. air carriers from foreign residents for travel between the United States and foreign countries and between two foreign points and for travel on U.S. cruise vessels.

Payments—Fares paid by U.S. residents to foreign air carriers for travel between the United States and foreign countries and for travel on foreign cruise vessels.

SOURCE: U.S. Department of Commerce, Bureau of Economic Analysis, Survey of Current Business, April 2006, tables K and 11.