U.S. International Travel and Tourism Balance of Trade (Receipts/Exports and Payments/Imports) 1992-2002r
 
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U.S. INTERNATIONAL TRAVEL AND TOURISM BALANCE OF TRADE
(RECEIPTS/EXPORTS AND PAYMENTS/IMPORTS)
1992-2002r
RECEIPTS/EXPORTS
  1992 1993 1994 1995 1996 1997 1998r 1999r 2000r 2001r 2002r
TOTAL ($Mil) $71,360 $74,403 $75,414 $82,304 $90,231 $94,294 $91,423 $94,586 $103,087 $89,819 $83,593
% Change 11% 4% 1% 9% 10% 5% -3% 3% 9% -13% -7%
TRAVEL($Mil) $54,742 $57,875 $58,417 $63,395 $69,809 $73,426 $71,325 $74,801 $82,400 $71,893 $66,547
% Change 13% 6% 1% 9% 10% 5% -3% 5% 10% -13% -7%
PASSENGER FARES ($Mil) $16,618 $16,528 $16,997 $18,909 $20,422 $20,868 $20,098 $19,785 $20,687 $17,926 $17,046
% Change 5% -1% 3% 11% 8% 2% -4% -2% 5% -13% -5%
                       
PAYMENTS/IMPORTS
  1992 1993 1994 1995 1996 1997 1998r 1999r 2000r 2001r 2002r
TOTAL ($Mil) $49,155 $52,123 $56,844 $59,579 $63,887 $70,189 $76,454 $80,278 $88,979 $82,833 $78,013
% Change 8% 6% 9% 5% 7% 10% 9% 5% 11% -7% -6%
TRAVEL ($Mil) $38,552 $40,713 $43,782 $44,916 $48,078 $52,051 $56,483 $58,963 $64,705 $60,200 $58,044
% Change 9% 6% 8% 3% 7% 8% 9% 4% 10% -7% -4%
PASSENGER FARES ($Mil) $10,603 $11,410 $13,062 $14,663 $15,809 $18,138 $19,971 $21,315 $24,274 $22,633 $19,969
% Change 6% 8% 14% 12% 8% 15% 10% 7% 14% -7% -12%
                       
TRAVEL TRADE BALANCE (SURPLUS/DEFICIT)
BALANCE ($Mil) $22,205 $22,280 $18,570 $22,725 $26,344 $24,105 $14,969 $14,308 $14,108 $6,986 $5,580
% Change 17% 0% -17% 22% 16% -8% -38% -4% -1% -50% -20%

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.

r = revised estimates, based upon BEA estimates which were revised for 1998-2002

Source: U.S. Department of Commerce, International Trade Administration, Office of Travel and Tourism Industries & Bureau of Economic Analysis (BEA), July 2003