U.S. International Travel and Tourism Balance of Trade (Receipts/Exports and Payments/Imports) (1989 - 1998)
 
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RECEIPTS / EXPORTS

 

1989

1990

1991

1992r

1993r

1994r

1995r

1996r

1997

1998

TOTAL (in millions)

$46,862

$58,305

$64,239

$71,360

$74,403

$75,414

$82,304

$90,164

$94,090

$91,246

% Change

22.0%

24.4%

10.2%

11.1%

4.3%

1.4%

9.1%

9.5%

4.4%

-3.0%

Travel (in millions)

$36,205

$43,007

$48,385

$54,742

$57,875

$58,417

$63,395

$69,751

$73,301

$71,250

% Change

23.0%

18.8%

12.5%

13.1%

5.7%

0.9%

8.5%

10.0%

5.1%

-2.8%

Passenger Fares (in millions)

$10,657

$15,298

$15,854

$16,618

$16,528

$16,997

$18,909

$20,413

$20,789

$19,996

% Change

18.7%

43.5%

3.6%

4.8%

-0.5%

2.8%

11.2%

8.0%

1.8%

-3.8%

PAYMENTS / IMPORTS

 

1989

1990

1991

1992r

1993r

1994r

1995r

1996r

1997

1998

TOTAL (in millions)

$41,665

$47,880

$45,334

$49,155

$52,123

$56,844

$59,579

$63,866

$70,189

$75,902

% Change

4.6%

14.9%

-5.3%

8.4%

6.0%

9.1%

4.8%

7.2%

9.9%

8.1%

Travel (in millions)

$33,416

$37,349

$35,322

$38,552

$40,713

$43,782

$44,916

$48,048

$52,051

$56,105

% Change

4.1%

11.8%

-5.4%

9.1%

5.6%

7.5%

2.6%

7.0%

8.3%

7.8%

Passenger Fares (in millions)

$8,249

$10,531

$10,012

$10,603

$11,410

$13,062

$14,663

$15,818

$18,138

$19,797

% Change

6.7%

27.7%

-4.9%

5.9%

7.6%

14.5%

12.3%

7.9%

14.7%

9.1%

TRAVEL TRADE BALANCE (SURPLUS / DEFICIT)

 

1989

1990

1991

1992r

1993r

1994r

1995r

1996r

1997

1998

BALANCE (in millions)

$5,197

$10,425

$18,905

$22,205

$22,280

$18,570

$22,725

$26,298

$23,901

$15,344

% Change

*

100.6%

81.3%

17.5%

0.3%

-16.7%

22.4%

15.7%

-9.1%

-35.8%

Notes:

 

Receipts and payments are subject to revision by BEA in July 1999.

 

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.

*

Statistically inappropriate to calculate.

r

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

Sources:

 

Tourism Industries, International Trade Administration, U.S. Department of Commerce.

 

Bureau of Economic Analysis, Economics and Statistics Administration, U.S. Department of Commerce.

Publication Date:

June 1998