U.S. International Travel AND Tourism Balance of Trade (Receipts/Exports and Payments/Imports) 1988-1997
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RECEIPTS/EXPORTS19881989199019911992r1993r1994r1995r1996r1997
TOTAL ($Mil)$38,409 $46,863 $58,305 $64,237 $71,360 $74,403 $75,414 $82,304 $90,164 $94,163
TOTAL % Change25.7%22.0%24.4%10.2%11.1%4.3%1.4%9.1%9.5%4.4%
TRAVEL ($Mil)$29,434 $36,205 $43,007 $48,384 $54,742 $57,875 $58,417 $63,395 $69,751 $73,268
TRAVEL % Change24.9%23.0%18.8%12.5%13.1%5.7%0.9%8.5%10.0%5.0%
PASSENGER FARES ($Mil)$8,976 $10,658 $15,298 $15,854 $16,618 $16,528 $16,997 $18,909 $20,413 $20,895
PASSENGER FARES % Change28.2%18.7%43.5%3.6%4.8%-0.5%2.8%11.2%8.0%2.4%

PAYMENTS/IMPORTS19881989199019911992r1993r1994r1995r1996r1997
TOTAL ($Mil)$39,843 $41,665 $47,880 $45,334 $49,155 $52,123 $56,844 $59,579 $63,866 $69,455
TOTAL % Change8.9%4.6%14.9%-5.3%8.4%6.0%9.1%4.8%7.2%8.8%
TRAVEL ($Mil)$32,114 $33,416 $37,349 $35,322 $38,552 $40,713 $43,782 $44,916 $48,048 $51,220
TRAVEL % Change9.6%4.1%11.8%-5.4%9.1%5.6%7.5%2.6%7.0%6.6%
PASSENGER FARES ($Mil)$7,729 $8,249 $10,531 $10,012 $10,603 $11,410 $13,062 $14,663 $15,818 $18,235
PASSENGER FARES % Change6.1%6.7%27.7%-4.9%5.9%7.6%14.5%12.3%7.9%15.3%

TRAVEL TRADE BALANCE (SURPLUS/DEFICIT)19881989199019911992r1993r1994r1995r1996r1997
BALANCE ($Mil)$1,434$5,198 $10,425 $18,903 $22,205 $22,280 $18,570 $22,725 $26,298 $24,708
BALANCE % Change-76.2%*100.6%81.3%17.5%0.3%-16.7%22.4%15.7%-6.0%

r = 1992-1995 passenger fares revised, impacting total receipts/payments and surplus; 1995 travel payments revised; 1996 annual data revised, June 1998

* Note: Statistically inappropriate to calculate.

Travel (Receipts)/Exports = Spending by international visitors within the U.S. on travel-related expenses, i.e., lodging, food, entertainment, etc.

Passenger Fares (Receipts)/Exports = Spending by international visitors traveling to the U.S. on U.S. flag carriers, and other misc. transportation.

Travel (Payments)/Imports = Spending by U.S. citizens outside the U.S. on travel-related expenses, i.e., lodging, food, entertainment, etc.

Passenger Fares (Payments)/Imports = Spending by U.S. citizens traveling outside the U.S. on foreign flag carriers, and other misc. transportation.

Source: Tourism Industries, International Trade Administration and Bureau of Economic Analysis. 6/98