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U.S. International Travel and Tourism Balance of Trade (Receipts/Exports and Payments/Imports) (1989 - 1998)
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RECEIPTS / EXPORTS |
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1989 |
1990 |
1991 |
1992r |
1993r |
1994r |
1995r |
1996r |
1997 |
1998 |
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TOTAL (in millions) |
$46,862 |
$58,305 |
$64,239 |
$71,360 |
$74,403 |
$75,414 |
$82,304 |
$90,164 |
$94,090 |
$91,246 |
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% Change |
22.0% |
24.4% |
10.2% |
11.1% |
4.3% |
1.4% |
9.1% |
9.5% |
4.4% |
-3.0% |
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Travel (in millions) |
$36,205 |
$43,007 |
$48,385 |
$54,742 |
$57,875 |
$58,417 |
$63,395 |
$69,751 |
$73,301 |
$71,250 |
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% Change |
23.0% |
18.8% |
12.5% |
13.1% |
5.7% |
0.9% |
8.5% |
10.0% |
5.1% |
-2.8% |
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Passenger Fares (in millions) |
$10,657 |
$15,298 |
$15,854 |
$16,618 |
$16,528 |
$16,997 |
$18,909 |
$20,413 |
$20,789 |
$19,996 |
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% Change |
18.7% |
43.5% |
3.6% |
4.8% |
-0.5% |
2.8% |
11.2% |
8.0% |
1.8% |
-3.8% |
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PAYMENTS / IMPORTS |
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1989 |
1990 |
1991 |
1992r |
1993r |
1994r |
1995r |
1996r |
1997 |
1998 |
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TOTAL (in millions) |
$41,665 |
$47,880 |
$45,334 |
$49,155 |
$52,123 |
$56,844 |
$59,579 |
$63,866 |
$70,189 |
$75,902 |
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% Change |
4.6% |
14.9% |
-5.3% |
8.4% |
6.0% |
9.1% |
4.8% |
7.2% |
9.9% |
8.1% |
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Travel (in millions) |
$33,416 |
$37,349 |
$35,322 |
$38,552 |
$40,713 |
$43,782 |
$44,916 |
$48,048 |
$52,051 |
$56,105 |
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% Change |
4.1% |
11.8% |
-5.4% |
9.1% |
5.6% |
7.5% |
2.6% |
7.0% |
8.3% |
7.8% |
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Passenger Fares (in millions) |
$8,249 |
$10,531 |
$10,012 |
$10,603 |
$11,410 |
$13,062 |
$14,663 |
$15,818 |
$18,138 |
$19,797 |
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% Change |
6.7% |
27.7% |
-4.9% |
5.9% |
7.6% |
14.5% |
12.3% |
7.9% |
14.7% |
9.1% |
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TRAVEL TRADE BALANCE (SURPLUS / DEFICIT) |
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1989 |
1990 |
1991 |
1992r |
1993r |
1994r |
1995r |
1996r |
1997 |
1998 |
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BALANCE (in millions) |
$5,197 |
$10,425 |
$18,905 |
$22,205 |
$22,280 |
$18,570 |
$22,725 |
$26,298 |
$23,901 |
$15,344 |
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% Change |
* |
100.6% |
81.3% |
17.5% |
0.3% |
-16.7% |
22.4% |
15.7% |
-9.1% |
-35.8% |
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Notes: |
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Receipts and payments are subject to revision by BEA in July 1999. |
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Travel (Receipts)/Exports = Spending by international visitors within the U.S. on travel-related expenses, i.e., lodging, food, entertainment, etc. |
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Passenger Fares (Receipts)/Exports = Spending by international visitors traveling to the U.S. on U.S. flag carriers, and other misc. transportation. |
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Travel (Payments)/Imports = Spending by U.S. citizens outside the U.S. on travel-related expenses, i.e., lodging, food, entertainment, etc. |
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Passenger Fares (Payments)/Imports = Spending by U.S. citizens traveling outside the U.S. on foreign flag carriers, and other misc. transportation. |
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* |
Statistically inappropriate to calculate. |
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r |
1992-1995 passenger fares revised, impacting total receipts/payments and surplus; 1995 travel payments revised; 1996 annual data revised, June 1998. |
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Sources: |
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Tourism Industries, International Trade Administration, U.S. Department of Commerce. |
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Bureau of Economic Analysis, Economics and Statistics Administration, U.S. Department of Commerce. |
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Publication Date: |
June 1998 |
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