Economic Snapshot: Goods Export and Import Shares

Fourth Quarter 2007

(Percent change at an annual rate from the preceding period.)


Q1-07 Q2-07 Q3-07 Q4-07
Growth Rate-Real Gross Domestic Product 0.6% 3.8% 4.9% 0.6%*
Inflation Rate-Consumer Price Index 3.7% 4.6% 2.8% 5.0%
Civilian Unemployment Rate 4.5% 4.5% 4.7% 4.8%

* preliminary estimate

 

import/export

 

What is the difference between the two pie charts above?

The "Goods Export Shares, 2006" chart indicates the percentage of total goods that the United States sells to other countries. The "Goods Import Shares, 2006" chart shows the percentage of goods the United States purchases from other countries.

 

For 2006, what two single countries - considering both exports and imports - are the United States' largest trading partners?

When adding both exports and imports for each single country listed, Canada and Mexico are the United States' largest trading partners. The Organisation for Economic Cooperation and Development (OECD) represents several countries; so, it does not qualify as a "single" country. (See "Q and A" for more information.)

 

For 2006, to which single countries did the United States export a greater share of goods than it imported?

In 2006, the United States exported a greater share of goods to the United Kingdom, Canada, Mexico and France than the share imported from these countries.

 

For 2006, from which single countries did the United States import a greater share of goods than it exported?

In 2006, the United States imported a greater share of goods from China, Japan and Germany than the share it exported to these countries.

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