FROM: U.S. EXPORT-IMPORT BANK
Export-Import Bank Chairman Fred P. Hochberg’s Statement on Recent Export Data Released from Commerce Department
U.S. Exports Reach $189.9 Billion in April
Washington, D.C. – According to the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department, the United States exported $189.9 billion of goods and services in April, 2015. Export-Import Bank of the United States (EXIM) Chairman and President Fred P. Hochberg issued the following statement with respect to April’s export data released by BEA.
“These numbers are a testament to the ingenuity of U.S. exporters, who face off against tough foreign competitors in the global marketplace every day in order to win sales and create more middle class American jobs,” said Hochberg. “At EXIM, we are proud to serve as a vital resource for thousands of American businesses, 90 percent of which are small, by equipping them with financing tools that empower them to confidently export while creating jobs here at home.”
ABOUT EX-IM BANK:
EXIM Bank is an independent federal agency that supports and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working capital guarantees and export credit insurance, to promote the sale of U.S. goods and services abroad. Ninety percent of its transactions directly serve American small businesses.
In fiscal year 2014, EXIM Bank approved $20.5 billion in total authorizations. These authorizations supported an estimated $27.5 billion in U.S. export sales, as well as approximately 164,000 American jobs in communities across the country.
Showing posts with label U.S. COMMERCE DEPARTMENT. Show all posts
Showing posts with label U.S. COMMERCE DEPARTMENT. Show all posts
Thursday, June 4, 2015
Saturday, February 7, 2015
EX-IM BANK CHAIRMAN MAKES STATEMENT ON EXPORT DATA
FROM: U.S. EXPORT-IMPORT BANK
Export-Import Bank Chairman Fred P. Hochberg Statement on the Release of Export Data from the Commerce Department
U.S. Sets Record for Fifth Consecutive Year
Washington, D.C. – Ex-Im Bank Chairman and President Fred P. Hochberg issued the following statement with respect to the FY 2014 export data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. According to BEA, the United States exported a record $2.345 trillion of goods and services in FY 2014, which represents a 2.9 percent increase and a record high for the fifth consecutive year.
In December, the United States exported $194.9 billion of goods and services. This figure represents a decrease from November’s $196.4 billion exports total, which was revised slightly upward.
“These export numbers are a testament to the quality and innovation of American goods and services, but they don’t mean we can rest on our laurels,” said Ex-Im Bank Chairman and President Fred P. Hochberg. “The thousands of U.S. businesses, small and large, that count on Ex-Im Bank being there to support them to win export sales and add good-paying jobs here in America can’t afford an unforced error that would threaten the positive momentum demonstrated by today’s news.”
Export-Import Bank Chairman Fred P. Hochberg Statement on the Release of Export Data from the Commerce Department
U.S. Sets Record for Fifth Consecutive Year
Washington, D.C. – Ex-Im Bank Chairman and President Fred P. Hochberg issued the following statement with respect to the FY 2014 export data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. According to BEA, the United States exported a record $2.345 trillion of goods and services in FY 2014, which represents a 2.9 percent increase and a record high for the fifth consecutive year.
In December, the United States exported $194.9 billion of goods and services. This figure represents a decrease from November’s $196.4 billion exports total, which was revised slightly upward.
“These export numbers are a testament to the quality and innovation of American goods and services, but they don’t mean we can rest on our laurels,” said Ex-Im Bank Chairman and President Fred P. Hochberg. “The thousands of U.S. businesses, small and large, that count on Ex-Im Bank being there to support them to win export sales and add good-paying jobs here in America can’t afford an unforced error that would threaten the positive momentum demonstrated by today’s news.”
Thursday, January 8, 2015
U.S. EXPORT-IMPORT BANK CHAIRMAN'S REMARKS ON EXPORT DATA RELEASE
FROM: U.S. EXPORT-IMPORT BANK
Export-Import Bank Chairman Fred P. Hochberg’s Statement on the Release of Export Data from the Commerce Department
U.S. Exports Reach $196.4 Billion in November
Washington, D.C. – Ex-Im Bank Chairman and President Fred P. Hochberg issued the following statement with respect to November’s export data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. According to BEA, the United States exported $196.4 billion of goods and services in November 2014.
“Contrary to the old conventional wisdom that the days of the U.S. making things are behind us, these numbers are further proof that the world still demands quality American-made goods—now more than ever, in fact,” said Hochberg. “At Ex-Im Bank, we’re supporting American exporters and workers to bring their goods and services to new global markets and create more middle class jobs here at home.”
ABOUT EX-IM BANK:
Ex-Im Bank is an independent federal agency that supports and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working capital guarantees and export credit insurance, to promote the sale of U.S. goods and services abroad. Ninety percent of its transactions directly serve American small businesses.
In fiscal year 2014, Ex-Im Bank approved $20.5 billion in total authorizations. These authorizations supported an estimated $27.5 billion in U.S. export sales, as well as approximately 164,000 American jobs in communities across the country.
Export-Import Bank Chairman Fred P. Hochberg’s Statement on the Release of Export Data from the Commerce Department
U.S. Exports Reach $196.4 Billion in November
Washington, D.C. – Ex-Im Bank Chairman and President Fred P. Hochberg issued the following statement with respect to November’s export data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. According to BEA, the United States exported $196.4 billion of goods and services in November 2014.
“Contrary to the old conventional wisdom that the days of the U.S. making things are behind us, these numbers are further proof that the world still demands quality American-made goods—now more than ever, in fact,” said Hochberg. “At Ex-Im Bank, we’re supporting American exporters and workers to bring their goods and services to new global markets and create more middle class jobs here at home.”
ABOUT EX-IM BANK:
Ex-Im Bank is an independent federal agency that supports and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working capital guarantees and export credit insurance, to promote the sale of U.S. goods and services abroad. Ninety percent of its transactions directly serve American small businesses.
In fiscal year 2014, Ex-Im Bank approved $20.5 billion in total authorizations. These authorizations supported an estimated $27.5 billion in U.S. export sales, as well as approximately 164,000 American jobs in communities across the country.
Tuesday, October 7, 2014
EXPORT-IMPORT BANK CHAIRMAN'S STATEMENT ON EXPORT DATA RELEASE
FROM: U.S. EXPORT-IMPORT BANK
Export-Import Bank Chairman Fred P. Hochberg Statement on the Release of Export Data from the Commerce Department
U.S. Exports Reach A Record-High $198.5 Billion in August
“These numbers are another clear demonstration that the global demand for products stamped ‘Made in America’ continues to grow. Ex-Im Bank is proud to support U.S. exporters and their workers as they expand their sales in the global marketplace, and create quality, middle class jobs here at home.”
Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 47.1 percent above 2009 levels, and have been growing at an annualized rate of 8.6 percent over the last five years.
Thursday, April 3, 2014
EXPORT-IMPORT BANK ANNOUNCES U.S. EXPORTS WERE $190.4 BILLION IN FEBRUARY
FROM: U.S. EXPORT-IMPORT BANK
U.S. Exports Reach $190.4 Billion in February
Ex-Im Bank Continues to Support U.S. Jobs by Financing U.S. Exports
Washington, D.C. – The United States exported $190.4 billion of goods and services in February 2014, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
“The world continues to choose products stamped ‘Made in America,’ as February’s trade numbers show,” said Export-Import Bank Chairman and President Fred P. Hochberg. “Ex-Im Bank’s support of U.S. exporters has helped them seal deals abroad and support vital jobs here at home, all the while generating billions of dollars for taxpayers.”
Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 44.5 percent above the level of exports in 2009, and have been growing at an annualized rate of 9.2 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 (23.6 percent), Russia (19.6 percent), Peru (19.4 percent), Hong Kong (18.9 percent), Colombia (17.9 percent), United Arab Emirates (17.1 percent), Argentina (16.4 percent), Chile (16.3 percent), Ecuador (15.2 percent), and Indonesia (15.0 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. 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. In the past fiscal year alone, Ex-Im Bank earned for U.S. taxpayers more than $1 billion above the cost of operations.
In FY 2013, Ex-Im Bank approved more than $27 billion in total authorizations to support an estimated $37.4 billion in U.S. export sales and approximately 205,000 American jobs in communities across the country. For the year, the Bank approved a record 3,413 transactions-- or 89 percent--for small-businesses.
U.S. Exports Reach $190.4 Billion in February
Ex-Im Bank Continues to Support U.S. Jobs by Financing U.S. Exports
Washington, D.C. – The United States exported $190.4 billion of goods and services in February 2014, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
“The world continues to choose products stamped ‘Made in America,’ as February’s trade numbers show,” said Export-Import Bank Chairman and President Fred P. Hochberg. “Ex-Im Bank’s support of U.S. exporters has helped them seal deals abroad and support vital jobs here at home, all the while generating billions of dollars for taxpayers.”
Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 44.5 percent above the level of exports in 2009, and have been growing at an annualized rate of 9.2 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 (23.6 percent), Russia (19.6 percent), Peru (19.4 percent), Hong Kong (18.9 percent), Colombia (17.9 percent), United Arab Emirates (17.1 percent), Argentina (16.4 percent), Chile (16.3 percent), Ecuador (15.2 percent), and Indonesia (15.0 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. 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. In the past fiscal year alone, Ex-Im Bank earned for U.S. taxpayers more than $1 billion above the cost of operations.
In FY 2013, Ex-Im Bank approved more than $27 billion in total authorizations to support an estimated $37.4 billion in U.S. export sales and approximately 205,000 American jobs in communities across the country. For the year, the Bank approved a record 3,413 transactions-- or 89 percent--for small-businesses.
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.
Sunday, September 8, 2013
U.S. EXPORTS UP 41.7% SINCE 2009 ACCORDING TO EX-IM BANK
FROM: EXPORT-IMPORT BANK
U.S. Exports Reach $189.4 Billion in July
Exports Up 41.7 percent since 2009
WASHINGTON, D.C. — The United States exported $189.4 billion in goods and services in July 2013, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. July’s exports came in just shy of June’s all-time record high of $190.5 billion.
“These numbers demonstrate that President Obama’s National Export Initiative continues to help American businesses thrive in international markets,” said Export-Import Bank Chairman Fred P. Hochberg. “Exports are a critical component of our nation’s economic success, and I look forward to seeing more ‘Made in the USA’ labels on shelves around the world.”
Exports of goods and services over the last twelve months totaled $2.2 trillion, which is 41.7 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 10.2 percent when compared to 2009.
Over the last twelve months, among the major export markets, the countries with the largest annualized increase in U.S. goods purchases, when compared to 2009, occurred in Panama (28.6 percent), Russia (22.1 percent), United Arab Emirates (21.9 percent), Peru (21.3 percent), Chile (20.9 percent), Colombia (19.7 percent), Hong Kong (19.5 percent), Argentina (18.3 percent), Ecuador (18.0 percent), and South Africa (17.7 percent).
U.S. Exports Reach $189.4 Billion in July
Exports Up 41.7 percent since 2009
WASHINGTON, D.C. — The United States exported $189.4 billion in goods and services in July 2013, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. July’s exports came in just shy of June’s all-time record high of $190.5 billion.
“These numbers demonstrate that President Obama’s National Export Initiative continues to help American businesses thrive in international markets,” said Export-Import Bank Chairman Fred P. Hochberg. “Exports are a critical component of our nation’s economic success, and I look forward to seeing more ‘Made in the USA’ labels on shelves around the world.”
Exports of goods and services over the last twelve months totaled $2.2 trillion, which is 41.7 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 10.2 percent when compared to 2009.
Over the last twelve months, among the major export markets, the countries with the largest annualized increase in U.S. goods purchases, when compared to 2009, occurred in Panama (28.6 percent), Russia (22.1 percent), United Arab Emirates (21.9 percent), Peru (21.3 percent), Chile (20.9 percent), Colombia (19.7 percent), Hong Kong (19.5 percent), Argentina (18.3 percent), Ecuador (18.0 percent), and South Africa (17.7 percent).
Wednesday, August 7, 2013
U.S. EXPORT-IMPORT BANK SAYS EXPORTS REACH ALL-TIME HIGH
FROM: EXPORT-IMPORT BANK
U.S. Exports Reach All-Time High of $191.2 Billion in June
Exports Up 41.5 Percent Since 2009
WASHINGTON, D.C. – The United States exported a record $191.2 billion of goods and services in June 2013, according to trade data was released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
U.S. exports in June 2013 reached an all-time high, exceeding the previous record of $188.7 billion set in December 2012. The June export level is also 2.2 percent higher than that of the previous month.
“Today’s announcement of record-level U.S. exports in June is a testament to the strength of American exports. Increased exports mean more jobs here at home – the goal of President Obama’s National Export Initiative. We at Ex-Im Bank work every day to help American exporters and their workers succeed in selling their products and services in an increasingly competitive global marketplace,” said Ex-Im Bank Chairman and President Fred P. Hochberg.
Exports of goods and services over the past twelve months totaled $2.2 trillion, which is 41.5 percent above the level of exports in 2009. Exports have been growing at an annualized rate of 10.4 percent when compared to the same period in 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, occurred in Panama (28.6 percent), United Arab Emirates (23.1 percent), Russia (22.6 percent), Peru (21.9 percent), Chile (21.4 percent), Colombia (19.5 percent), Hong Kong (19.2 percent), Argentina (18.5 percent), South Africa (18.3 percent) and Venezuela (18.1 percent).
U.S. Exports Reach All-Time High of $191.2 Billion in June
Exports Up 41.5 Percent Since 2009
WASHINGTON, D.C. – The United States exported a record $191.2 billion of goods and services in June 2013, according to trade data was released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
U.S. exports in June 2013 reached an all-time high, exceeding the previous record of $188.7 billion set in December 2012. The June export level is also 2.2 percent higher than that of the previous month.
“Today’s announcement of record-level U.S. exports in June is a testament to the strength of American exports. Increased exports mean more jobs here at home – the goal of President Obama’s National Export Initiative. We at Ex-Im Bank work every day to help American exporters and their workers succeed in selling their products and services in an increasingly competitive global marketplace,” said Ex-Im Bank Chairman and President Fred P. Hochberg.
Exports of goods and services over the past twelve months totaled $2.2 trillion, which is 41.5 percent above the level of exports in 2009. Exports have been growing at an annualized rate of 10.4 percent when compared to the same period in 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, occurred in Panama (28.6 percent), United Arab Emirates (23.1 percent), Russia (22.6 percent), Peru (21.9 percent), Chile (21.4 percent), Colombia (19.5 percent), Hong Kong (19.2 percent), Argentina (18.5 percent), South Africa (18.3 percent) and Venezuela (18.1 percent).
Saturday, July 6, 2013
EXPORT-IMPORT BANK SAYS U.S. EXPORTS REACHED $187.1 BILLION IN MAY
FROM: EXPORT-IMPORT BANK
U.S. Exports Reach $187.1 Billion in May
Exports Up 41% Since 2009
Washington, D.C. – The United States exported $187.1 billion in goods and services in May 2013, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
Exports of goods and services over the last twelve months totaled $2.2 trillion, which is 41.2 percent above the level of exports in 2009. Exports have been growing at an annualized rate of 10.6 percent during the same period when compared to 2009.
“These numbers reflect the continued competitiveness of American exporters in the global marketplace,” said Export-Import Bank Chairman and President Fred P. Hochberg. “It is clear that foreign countries continue to ‘buy American’ because of the superior quality of our products and services and the unrivaled innovation of our workforce. Ex-Im Bank remains committed to supporting U.S. jobs by promoting U.S. exports.”
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 (29.4 percent), United Arab Emirates (24.1 percent), Russia (23.4 percent), Peru (22.2 percent), Chile (21.5 percent), Colombia (19.7 percent), Venezuela (19.4 percent), South Africa (19.1 percent), Hong Kong (18.9 percent), and Argentina (18.8 percent).
U.S. Exports Reach $187.1 Billion in May
Exports Up 41% Since 2009
Washington, D.C. – The United States exported $187.1 billion in goods and services in May 2013, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
Exports of goods and services over the last twelve months totaled $2.2 trillion, which is 41.2 percent above the level of exports in 2009. Exports have been growing at an annualized rate of 10.6 percent during the same period when compared to 2009.
“These numbers reflect the continued competitiveness of American exporters in the global marketplace,” said Export-Import Bank Chairman and President Fred P. Hochberg. “It is clear that foreign countries continue to ‘buy American’ because of the superior quality of our products and services and the unrivaled innovation of our workforce. Ex-Im Bank remains committed to supporting U.S. jobs by promoting U.S. exports.”
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 (29.4 percent), United Arab Emirates (24.1 percent), Russia (23.4 percent), Peru (22.2 percent), Chile (21.5 percent), Colombia (19.7 percent), Venezuela (19.4 percent), South Africa (19.1 percent), Hong Kong (18.9 percent), and Argentina (18.8 percent).
Tuesday, April 9, 2013
EX-IM BANK SAYS U.S. EXPORTED $186 MILLION GOODS AND SERVICES IN FEBRUARY
FROM: U.S. EXPORT-IMPORT BANK
U.S. Exports Total $186 Billion in February;
Exports During Past Year Hit $2.2 Trillion
WASHINGTON, D.C. — The United States exported $186.0 billion of goods and services in February 2013, an increase from January’s exports of $184.4 billion, according to data released Friday by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
"The many successful small- and mid-sized businesses attending last week’s Ex-Im annual conference demonstrated that growing sales and profits in today’s global economy is possible by selling to the 95 percent of the world’s customers located outside the United States", said Ex-Im Bank Chairman and President Fred P. Hochberg. "Export growth remains a vital component of the nation’s economic recovery, and Ex-Im will continue to provide export credit support to American entrepreneurs as they expand their reach to buyers outside our borders."
Hochberg noted that during the first six months of FY 2013 Ex-Im Bank export credit authorizations were strong, amounting to $14.8 billion, supporting over 100,000 U.S. jobs and exceeding the Bank’s authorizations in all of 2008.
U.S. exports of goods and services over the last twelve months totaled $2.2 trillion, which is 39.7 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 11.1 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, occurred in Panama (31.8 percent), Russia (25.1 percent), Chile (24.4 percent), United Arab Emirates (23.6 percent), Peru (23.4 percent), Venezuela (22.5 percent), Argentina (21.9 percent), Hong Kong (20.6 percent), Colombia (20.7 percent), and Turkey (20.3 percent).
U.S. Exports Total $186 Billion in February;
Exports During Past Year Hit $2.2 Trillion
WASHINGTON, D.C. — The United States exported $186.0 billion of goods and services in February 2013, an increase from January’s exports of $184.4 billion, according to data released Friday by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
"The many successful small- and mid-sized businesses attending last week’s Ex-Im annual conference demonstrated that growing sales and profits in today’s global economy is possible by selling to the 95 percent of the world’s customers located outside the United States", said Ex-Im Bank Chairman and President Fred P. Hochberg. "Export growth remains a vital component of the nation’s economic recovery, and Ex-Im will continue to provide export credit support to American entrepreneurs as they expand their reach to buyers outside our borders."
Hochberg noted that during the first six months of FY 2013 Ex-Im Bank export credit authorizations were strong, amounting to $14.8 billion, supporting over 100,000 U.S. jobs and exceeding the Bank’s authorizations in all of 2008.
U.S. exports of goods and services over the last twelve months totaled $2.2 trillion, which is 39.7 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 11.1 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, occurred in Panama (31.8 percent), Russia (25.1 percent), Chile (24.4 percent), United Arab Emirates (23.6 percent), Peru (23.4 percent), Venezuela (22.5 percent), Argentina (21.9 percent), Hong Kong (20.6 percent), Colombia (20.7 percent), and Turkey (20.3 percent).
Saturday, February 9, 2013
U.S. EXPORTS REACH NEW ANNUAL RECORD OF NEALY $2.2 TRILLION
FROM: U.S. EXPORT-IMPORT BANK
U.S. Exports Reach $186.4 Billion in December, Rise to Record Annual Total of Nearly $2.2 Trillion in 2012
WASHINGTON, D.C. — The United States exported $186.4 billion in goods and services in December 2012, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
U.S. exports of goods and services in 2012 reached a record annual total of nearly $2.2 trillion ($2.195 trillion), which is 39.1 percent above the level of exports in 2009. Over the past 12 months, exports have been growing at an annualized rate of 11.6 percent when compared to 2009.
"Today’s record-breaking numbers show that U.S. exports in 2012 continued on a historic path of growth," said Ex-Im Bank Chairman and President Fred P. Hochberg. "Thanks to the hard work and ingenuity of our exporters, America is making steady progress towards meeting President Obama’s National Export Initiative goal of doubling exports. Over the past year, U.S. companies big and small have exported almost $2.2 trillion worth of goods and services, fueled by the power of American innovation."
"But we cannot stop here. More can and must be done to increase international sales and create jobs in the United States. Through our nationwide Global Access for Small Business initiative, Ex-Im Bank is reaching out locally to more small and medium-sized businesses to provide them with the export financing and training they need to succeed globally," Hochberg said.
Over the last 12 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, occurred in Panama (52.0 percent), Chile (42.2 percent), Russia (41.4 percent), Peru (37.9 percent), Venezuela (37.6 percent), Argentina (36.2 percent), United Arab Emirates (36.0 percent), Hong Kong (33.4 percent), Turkey (32.9 percent) and Columbia (31.7 percent).
About Ex-Im Bank
Ex-Im Bank is an independent federal agency that helps create and maintain 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 nearly $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 $186.4 Billion in December, Rise to Record Annual Total of Nearly $2.2 Trillion in 2012
WASHINGTON, D.C. — The United States exported $186.4 billion in goods and services in December 2012, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
U.S. exports of goods and services in 2012 reached a record annual total of nearly $2.2 trillion ($2.195 trillion), which is 39.1 percent above the level of exports in 2009. Over the past 12 months, exports have been growing at an annualized rate of 11.6 percent when compared to 2009.
"Today’s record-breaking numbers show that U.S. exports in 2012 continued on a historic path of growth," said Ex-Im Bank Chairman and President Fred P. Hochberg. "Thanks to the hard work and ingenuity of our exporters, America is making steady progress towards meeting President Obama’s National Export Initiative goal of doubling exports. Over the past year, U.S. companies big and small have exported almost $2.2 trillion worth of goods and services, fueled by the power of American innovation."
"But we cannot stop here. More can and must be done to increase international sales and create jobs in the United States. Through our nationwide Global Access for Small Business initiative, Ex-Im Bank is reaching out locally to more small and medium-sized businesses to provide them with the export financing and training they need to succeed globally," Hochberg said.
Over the last 12 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, occurred in Panama (52.0 percent), Chile (42.2 percent), Russia (41.4 percent), Peru (37.9 percent), Venezuela (37.6 percent), Argentina (36.2 percent), United Arab Emirates (36.0 percent), Hong Kong (33.4 percent), Turkey (32.9 percent) and Columbia (31.7 percent).
About Ex-Im Bank
Ex-Im Bank is an independent federal agency that helps create and maintain 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 nearly $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.
Friday, August 10, 2012
U.S. EXPORTED $185 BILLION OF GOODS AND SERVICES IN JUINE 2012
FROM: U.S. EXPORT-IMPORT BANKU.S. Exports in June Reach $185 Billion
Washington, D.C. – The United States exported $185 billion in goods and services in June 2012, according to data released today by the U.S. Commerce Department. This is an all-time high overtaking the previous record of $184.4 billion in March 2012.
"This is the highest value ever recorded for the export of U.S. goods and services," said Fred P. Hochberg, chairman and president of Ex-Im Bank. "Exporting is paying off for American workers at home, and it is essential we continue to cultivate business overseas to support the U.S. economy."
U.S. exports of goods and services over the last twelve months totaled $2.165 trillion, which is 37.1 percent above the level of exports in 2009. Over the last twelve months, U.S. exports have been growing at an annualized rate of 13.5 percent when compared to 2009.
Over the last twelve months, the major export markets with the largest annualized increase in purchases of U.S. goods were Panama (38.1 percent), Turkey (29.5 percent), Argentina (29.1 percent), Hong Kong (28.3 percent), Chile (28.1 percent), Russia (26.4 percent), Honduras (26.1 percent), Peru (25.5 percent), Brazil (22.7 percent) and Ecuador (22.1 percent).
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