WASHINGTON – U.S. Commerce Secretary Gary Locke issued the following statement today on the release of the April 2011 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports of goods and services in April 2011 increased 1.3 percent from March 2011 to a record $175.6 billion, with record exports of both goods ($126.4 billion) and services ($49.1 billion). The monthly export values for U.S. industrial supplies ($43.4 billion) and capital goods ($41.0 billion) was also the highest on record. U.S. imports of goods and services decreased 0.4 percent over this period to $219.2 billion, causing the U.S.

WASHINGTON – U.S. Commerce Secretary Gary Locke issued the following statement today on the release of the February 2011 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports of goods and services in February 2011 decreased 1.4 percent from January 2011 to $165.1 billion, with record exports of services ($47.2 billion). U.S. imports of goods and services decreased 1.7 percent over this period to $210.9 billion, causing the U.S. trade deficit to decrease 2.6 percent since January 2011 to reach $45.8 billion in February 2011.

statement_by_secretary_locke_on_international_trade.pdf

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Francisco Sánchez serves as the Under Secretary of Commerce for International Trade. Mark Doms serves as the Under Secretary of Commerce for Economic Affairs.

Attached file: 

Exports Year In Review 2012

The December 2012 international trade deficit decreased 20.7 percent from November, to $38.5 billion. Exports rose 2.1 percent, to $186.4 billion, and imports fell 2.7 percent, to $224.9 billion. In 2012 overall, the trade deficit declined 3.5 percent to $540.4 billion. Exports rose 4.4 percent, to $2,195.9 billion, and imports increased 2.7 percent, to $2,736.3 billion.

Real gross domestic product (GDP) declined at an annual rate of 0.1 percent in the fourth quarter of 2012, according to today’s advance estimate. GDP grew 2.2 percent in 2012 overall.

• Gross Domestic Product (Fourth Quarter and Annual 2012).pdf