U.S. INTERNATIONAL TRAVEL AND TOURISM BALANCE OF TRADE
(RECEIPTS/EXPORTS AND PAYMENTS/IMPORTS)
1998-2008p

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RECEIPTS/EXPORTS
1998
1999
2000
2001
2002
2003
2004pr
2005p
2006p
2007p
2008p
                       
TOTAL ($Mil) $91,423 $94,586 $103,087 $89,819 $83,774 $80,202 $93,707 $101,869 $109,784 $117,733 $126,362
% Change -3% 3% 9% -13% -7% -4% 17% 9% 8% 7% 7%
TRAVEL                      
 ($Mil) $71,325 $74,801 $82,400 $71,893 $66,728 $64,509 $74,768 $81,936 $88,303 $94,696 $101,637
% Change -3% 5% 10% -13% -7% -3% 16% 10% 8% 7% 7%
PASSENGER                      
FARES  ($Mil) $20,098 $19,785 $20,687 $17,926 $17,046 $15,693 $18,939 $19,933 $21,481 $23,037 $24,725
% Change -4% -2% 5% -13% -5% -8% 21% 5% 8% 7% 7%
PAYMENTS/IMPORTS
 
1998
1999
2000
2001
2002
2003
2004pr
2005p
2006p
2007p
2008p
                       
TOTAL ($Mil) $76,454 $80,278 $88,979 $82,833 $78,013 $77,570 $87,900        
% Change 9% 5% 11% -7% -6% -1% 13% n.a. n.a. n.a. n.a.
TRAVEL                      
 ($Mil) $56,483 $58,963 $64,705 $60,200 $58,044 $56,613 $64,590 n.a. n.a. n.a. n.a.
% Change 9% 4% 10% -7% -4% -2% 14% n.a. n.a. n.a. n.a.
PASSENGER                      
FARES ($Mil) $19,971 $21,315 $24,274 $22,633 $19,969 $20,957 $23,310 n.a. n.a. n.a. n.a.
% Change 10% 7% 14% -7% -12% 5% 11% n.a. n.a. n.a. n.a.
TRAVEL TRADE BALANCE (SURPLUS/DEFICIT)
                       
BALANCE ($Mil) $14,969 $14,308 $14,108 $6,986 $5,761 $2,632 $5,807 n.a. n.a. n.a. n.a.
% Change -38% -4% -1% -50% -18% -54% 121% n.a. n.a. n.a. n.a.
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 transportation while within the U.S.
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 transportation while outside the U.S.

pr = preliminary estimates, subject to revisions

p = projections based upon OTTI/Global Insight Inbound & Outbound Forecasts

Source: U.S. Department of Commerce, International Trade Administration, Office of Travel and Tourism Industries & Bureau of Economic Analysis, May 2005