Sunday, February 17, 2013

Exports increase to $2,196 billion in 2012- well over 2011's mark

The Nation’s international trade deficit in goods and services decreased to $ 2,196  billion in 2012  well above $559.9 billion in 2011.  Exports increased $92.6 billion to $2,195.9 billion in 2012, with increases of $33.7 billion occurred in capital goods and $12.9 billion inautomotive vehicles, parts, and engines. Imports increased $73.0 billion to $2,736.3 billion in 2012, contributed by the increase of $43.1 billion in automotive vehicles, parts, and engines and $37.5 billion in capital goods.

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