Wednesday, February 24, 2010

News You Can Use From Our Foreign Trade Division

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Working on strategic global marketing plan for your business? Trying to figure out how many of your particular widgets are sold in a specific overseas market? Finishing up a term paper for school that requires the latest foreign trade balance? Just curious as to where the numbers are at and what it means? Look no further.

1.) Press Release: December 2010 Trade Data
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"The Nation's international trade deficit in goods and services
decreased to $380.7 billion in 2009 from $695.9 billion in 2008."


a.) GET THE BASICS from the "U.S. International Trade in Goods
and Services - Highlights"
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- http://www.census.gov/indicator/www/ustrade.html

b.) GET MORE DETAILED DATA from the full "U.S. International
Trade in Goods and Services Press Release"
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- http://www.census.gov/foreign-trade/www/press.html

c.) GET TRADE BALANCES with specific countries
(as far back as 1985 for most countries!)
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- http://www.census.gov/foreign-trade/balance/index.html

d.) GET PRODUCT TRADE INFORMATION. What do we trade with
specific countries?
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- General (1-digit SITC)
- http://www.census.gov/foreign-trade/sitc1/index.html

- More detailed (3-digit SITC)
- http://tier2.census.gov/sitc/sitcpage.htm

e.) WHEN IS THE NEXT RELEASE?
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- Release dates are set through statistical month December 2010
- http://www.census.gov/foreign-trade/faq/gen/gen0007.html

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