U.S. Exports in March Hit Record High of $186.8 Billion
Press release from the issuing company
Friday, May 11th, 2012
The United States exported $186.8 billion in goods and services in March 2012, an all-time high, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
"This month's trade data demonstrates that U.S. exports have continued to increase this year, despite some tough economic conditions abroad," said Fred P. Hochberg, chairman and president of the Export-Import Bank of the United States. "This report confirms the record progress we are making while working to meet President Obama's goal of doubling exports by the end of 2014."
Exports of goods and services over the last twelve months totaled $2.147 trillion, which is 36.3 percent above the level of exports in 2009.
Over the last twelve months, the major export markets with the largest annualized increase in U.S. goods purchases werePanama (38.0 percent), Turkey (34.2 percent), Chile (30.2 percent), Honduras (30.1 percent), Argentina (29.6 percent), Hong Kong (29.2 percent), Peru (28.6 percent), Russia (26.6 percent), Brazil (25.4 percent), and Mexico (22.9 percent).
As of April 30, Ex-Im authorized $10.8 billion in financing and $2.4 billion of that went to small businesses. Small business authorizations currently account for more than 22% of the Bank's overall authorizations.


