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U.S. Export Highlights, 2012

U.S. Export Highlights, 2012. EREN Meeting, February 21, 2013 J.D. Snyder Project Director MSU Center for Community and Economic Development. U.S. Export Highlights, 2012. U.S. goods and services exports reached all-time high of $2.2 trillion in 2012

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U.S. Export Highlights, 2012

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  1. U.S. Export Highlights, 2012 EREN Meeting, February 21, 2013 J.D. Snyder Project DirectorMSU Center for Community and Economic Development

  2. U.S. Export Highlights, 2012 • U.S. goods and services exports reached all-time high of $2.2 trillion in 2012 • Michigan goods exports totaled $52 billion in 2012 • $48.7 billion in manufactured goods • $3.3 billion in non-manufactured goods Source: U.S. Census Bureau (goods) and U.S. BEA (services)

  3. U.S. Export Highlights, 2012 • Exports grew by $92.6 billion in 2012 (Despite significant economic headwinds in global markets, e.g. Europe in particular.) • Exports made up 13.9% of the U.S. GDP in 2012 • Tie for record set in 2011

  4. Major U.S. Goods Export Markets • Canada • $292.4 billion (up 4.1%) • Mexico • $216.3 billion (up 9.1%) • China • $110.6 billion (up 6.4%) • Japan • $70 billion (up 6.6%)

  5. Major U.S. Goods Export Markets • Record levels of U.S. Exports in 2012 to: • Brazil • India • Columbia • Saudi Arabia • Indonesia • South Africa • Vietnam

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