Today U.S. Deputy Secretary of Commerce Rebecca Blank issued a statement announcing that U.S. goods and services exports reached an all-time record in 2012, totaling $2.2 trillion. Export records were seen across the board, including in: capital goods, automotive vehicles, parts, and engines; consumer goods; and travel and tourism. This announcement follows the release of the 2012 U.S. International Trade in Goods and Services (PDF ) data by the Commerce Department’s Census Bureau and Bureau of Economic Analysis.
In December 2012, exports of goods and services grew by $3.9 billion to $186.4 billion, which included increases in industrial supplies and materials and travel and tourism. Imports also decreased by $6.2 billion to $224.9 billion. As a result, the trade deficit decreased to $38.5 billion in December, down from $48.6 billion in November.
Source: U.S. Department of Commerce
