U.S. Exports in July Reach $183.3 Billion

Press release from the issuing company

Wednesday, September 12th, 2012

The United States exported $183.3 billion in goods and services in July 2012, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.

"Exports are a bright spot in our economic recovery, and it is critical that we encourage more American companies to compete in international markets," said Export-Import Bank Chairman and President Fred P. Hochberg. "I am pleased that U.S. exports remain high, and Ex-Im Bank will continue to help create and sustain American jobs through our export financing products." 

Exports of goods and services over the last twelve months totaled $2.171 trillion, which is 37.5 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 13.1 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 (36.3 percent), Turkey (28.6 percent), Chile (27.6 percent), Argentina (27.5 percent), Hong Kong (26.9 percent), Russia (26.5 percent), Peru (25.4 percent), United Arab Emirates (21.8 percent), Ecuador (21.7 percent), and Brazil (21.6 percent).

July's exports were down slightly from the previous month's all-time record high of $185.2 billion.