FROM: U.S. EXPORT-IMPORT BANK
U.S. Exports Reach $2.3 Trillion in 2013
For Fourth Consecutive Year, U.S. Sets Export Record
Washington, D.C. – The United States has set another annual record for the fourth consecutive year by exporting $2.3 trillion in goods and services in 2013, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
The data also reveals that U.S. exports supported nearly 10 million American jobs in 2013.
In December, the U.S. exported $191.3 billion of goods and services.
“As the numbers prove, American entrepreneurs will continue to outperform their competitors in the global marketplace, as long as they are given a level playing field,” said Export-Import Bank Chairman and President Fred P. Hochberg. “Under the strategic direction established by President Obama’s National Export Initiative, we continue to export more goods at a record pace. By exporting $2.3 trillion in U.S. goods and services and supporting 10 million American jobs, America’s exporters continue to make critical contributions to our economy.”
Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 44.0 percent above the level of exports in 2009. During the same timeframe, exports have been growing at an annualized rate of 9.5 percent when compared to 2009. 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, occurred in Panama (25.9 percent), Russia (20.3 percent), Peru (19.6 percent), Hong Kong (19.2 percent), United Arab Emirates (19.1 percent), Colombia (18.5 percent), Chile (17.1 percent), Ecuador (16.8 percent), Argentina (16.3 percent), and Indonesia (15.5 percent).
Showing posts with label EXPORT RECORD. Show all posts
Showing posts with label EXPORT RECORD. Show all posts
Friday, February 7, 2014
Wednesday, January 8, 2014
EXPORT-IMPORT BANK SAYS U.S. EXPORTS TOTALED $2.3 TRILLION OVER LAST 12 MONTHS
FROM: EXPORT-IMPORT BANK
U.S. Exports Reach a Record $195 Billion in November
Ex-Im Bank Continues to Support U.S. Jobs by Financing U.S. Exports
Washington, D.C. – The United States exported a record $194.9 billion in goods and services in November 2013, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
“Once again, American entrepreneurs are proving why exports are so critical to our economic growth.” said Export-Import Bank Chairman and President Fred P. Hochberg. “Today’s numbers showcase the importance of exports to the U.S. economy and how Ex-Im Bank plays a critical role in supporting American businesses overseas. We provide critical financing to increase sales and create jobs.”
November’s figure is considerably larger than the previous high recorded in October, which was revised upward this month to $193.1 billion.
Exports of goods and services over the last 12 months totaled $2.3 trillion, which is 43.7 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 9.7 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 (27.3 percent), Russia (21.3 percent), Hong Kong (20.1 percent), United Arab Emirates (20.0 percent), Peru (19.9 percent), Chile (18.7 percent), Colombia (18.6 percent), Argentina (16.7 percent), Ecuador (16.6 percent), and Indonesia (15.4 percent).
U.S. Exports Reach a Record $195 Billion in November
Ex-Im Bank Continues to Support U.S. Jobs by Financing U.S. Exports
Washington, D.C. – The United States exported a record $194.9 billion in goods and services in November 2013, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
“Once again, American entrepreneurs are proving why exports are so critical to our economic growth.” said Export-Import Bank Chairman and President Fred P. Hochberg. “Today’s numbers showcase the importance of exports to the U.S. economy and how Ex-Im Bank plays a critical role in supporting American businesses overseas. We provide critical financing to increase sales and create jobs.”
November’s figure is considerably larger than the previous high recorded in October, which was revised upward this month to $193.1 billion.
Exports of goods and services over the last 12 months totaled $2.3 trillion, which is 43.7 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 9.7 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 (27.3 percent), Russia (21.3 percent), Hong Kong (20.1 percent), United Arab Emirates (20.0 percent), Peru (19.9 percent), Chile (18.7 percent), Colombia (18.6 percent), Argentina (16.7 percent), Ecuador (16.6 percent), and Indonesia (15.4 percent).
Thursday, December 5, 2013
EXPORT-IMPORT BANK REPORTS "U.S. EXPORTS REACH RECORD 192.7 BILLION IN OCTOBER"
FROM: U.S. EXPORT-IMPORT BANK
U.S. Exports Reach a Record $192.7 Billion in October
Washington, D.C. – The United States exported a record $192.7 billion in goods and services in October 2013, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
“With exports rising and the trade deficit falling, it is clear that President Obama’s National Export Initiative is getting results,” said Export-Import Bank Chairman and President Fred P. Hochberg. “Today’s numbers are a welcome reminder of the importance of exports to the U.S. economy. Ex-Im plays a critical role in insuring that financing will not stand in the way of American businesses closing a sale overseas and creating jobs. And as another record month for American exporters and American jobs shows—the ‘Made in America’ brand remains a top seller.”
October’s figure is slightly larger than the previous high recorded in June, which was revised upward this month to $190.9 billion.
Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 43.1 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 9.8 percent when compared to 2009.
Over the last twelve months, 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 (27.6 percent), Russia (22.3 percent), United Arab Emirates (20.9 percent), Hong Kong (20.7 percent), Peru (20.2 percent), Chile (19.3 percent), Colombia (18.7 percent), Argentina (17.2 percent), Ecuador (16.9 percent), and Saudi Arabia (16.0 percent).
ABOUT EX-IM BANK:
Ex-Im Bank is an independent federal agency that creates and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. In the past five years (from Fiscal Year 2008), Ex-Im Bank has earned for U.S. taxpayers nearly $1.6 billion above the cost of operations. The Bank provides a variety of financing mechanisms, including working capital guarantees, export-credit insurance and financing to help foreign buyers purchase U.S. goods and services.
Ex-Im Bank approved $35.8 billion in total authorizations in FY 2012 – an all-time Ex-Im record. This total includes more than $6.1 billion directly supporting small-business export sales – also an Ex-Im record. Ex-Im Bank's total authorizations are supporting an estimated $50 billion in U.S. export sales and approximately 255,000 American jobs in communities across the country.
U.S. Exports Reach a Record $192.7 Billion in October
Washington, D.C. – The United States exported a record $192.7 billion in goods and services in October 2013, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
“With exports rising and the trade deficit falling, it is clear that President Obama’s National Export Initiative is getting results,” said Export-Import Bank Chairman and President Fred P. Hochberg. “Today’s numbers are a welcome reminder of the importance of exports to the U.S. economy. Ex-Im plays a critical role in insuring that financing will not stand in the way of American businesses closing a sale overseas and creating jobs. And as another record month for American exporters and American jobs shows—the ‘Made in America’ brand remains a top seller.”
October’s figure is slightly larger than the previous high recorded in June, which was revised upward this month to $190.9 billion.
Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 43.1 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 9.8 percent when compared to 2009.
Over the last twelve months, 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 (27.6 percent), Russia (22.3 percent), United Arab Emirates (20.9 percent), Hong Kong (20.7 percent), Peru (20.2 percent), Chile (19.3 percent), Colombia (18.7 percent), Argentina (17.2 percent), Ecuador (16.9 percent), and Saudi Arabia (16.0 percent).
ABOUT EX-IM BANK:
Ex-Im Bank is an independent federal agency that creates and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. In the past five years (from Fiscal Year 2008), Ex-Im Bank has earned for U.S. taxpayers nearly $1.6 billion above the cost of operations. The Bank provides a variety of financing mechanisms, including working capital guarantees, export-credit insurance and financing to help foreign buyers purchase U.S. goods and services.
Ex-Im Bank approved $35.8 billion in total authorizations in FY 2012 – an all-time Ex-Im record. This total includes more than $6.1 billion directly supporting small-business export sales – also an Ex-Im record. Ex-Im Bank's total authorizations are supporting an estimated $50 billion in U.S. export sales and approximately 255,000 American jobs in communities across the country.
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