Table 12. U.S. trade balance in technology-intensive and nontechnology-intensive manufactured products, 1960-71 



[Dollars in millions] 



Product 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 



Technology intensive: 



Balance . $5,850 $6,187 $6,672 $6,900 $ 7,887 $ 8,062 $ 7,885 $ 8.686 $ 9.624 $10,318 $11,570 $11,607 

 Export... 7,517 7,928 8,617 8,864 10,137 10,948 12,015 

 Import... 1,667 1,741 1,945 1,964 2,250 2,886 4,130 



Nontechnology intensive; 



Balance . —88 +137 —301 —411 —438 —1.221 —2,587 

 Export . . . 5,073 5,079 5,503 6,005 6,497 6.641 7,270 

 Import... 5,161 4,942 5,804 6,416 6,935 7,862 9.857 



Source: Department of Commerce, Bureau of International Commerce, Oi'erseas Business Reports (GBR 67-43. August 1967 and OBR 72-005, April 1972). 



Table 13a. U.S. trade balance in technology-intensive products, 1966-71 



[Dollars in millions] 



Product 1966 1967 1968 1969 1970 1971 



Nonelectrical machinery: 



Balance $3,972 $4,079 $4,126 $4,624 $5,343 $5,023 



Export 5,637 6,032 6,400 7.241 8,435 8,516 



Import 1,665 1,953 2,274 2,617 3,094 3,492 



Aircraft: 



Balance 606 968 1,604 1,528 1,911 2,443 



Export 878 1,216 1,887 1,812 2,185 2,741 



Import 272 248 294 284 274 298 



Chemicals: 



Balance 1,692 1,810 2,119 2,109 2,347 2,174 



Export 2,602 2,706 3,177 3,255 3,677 3,673 



Import 910 896 1,058 1,146 1,328 1,499 



Electrical machinery: 



Balance 853 924 743 680 675 459 



Export 1 ,863 2,059 2.234 2,620 2,934 3,006 



Import 1,010 1,135 1,491 1,940 2,259 2,547 



Instruments: 



Balance 331 369 379 421 469 471 



Export 544 604 640 754 824 850 



Import 213 235 261 333 355 379 



Source: Department of Commerce, Bureau of International Commerce. Overseas Business Reports (OBR 72-005. April 

 1972). 



107 



