Tuesday, May 6, 2014

EXPORT-IMPORT BANK REPORTS U.S. EXPORTS REACH $193.9 BILLION IN MARCH

FROM:  EXPORT-IMPORT BANK 
U.S. Exports Reach $193.9 Billion in March
 Ex-Im Bank Continues to Support U.S. Jobs by Financing U.S. Exports

Washington, D.C. – The United States exported $193.9 billion of goods and services in March 2014, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.

“As the numbers prove, consumers around the world favor U.S. goods and services, because they know ‘Made in America’ is the best you can buy,” said Export-Import Bank Chairman and President Fred P. Hochberg. “Ex-Im Bank will continue to support U.S. exporters as they fill orders abroad and support jobs here at home.”

Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 45.1 percent above the level of exports in 2009, and have been growing at an annualized rate of 9.1 percent when compared to 2009.

During the same time period among the major export markets (i.e., markets with at least $6 billion in annual imports of U.S. goods), the countries with the largest annualized increase in U.S. goods purchases, when compared to 2009, were Panama (23.5 percent), Russia (19.4 percent), Peru (18.2 percent), Hong Kong (18.1 percent), Colombia (17.8 percent), Argentina (16.5 percent), Chile (15.9 percent), United Arab Emirates (15.3 percent), China (14.8 percent) and Indonesia (14.7 percent).

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