U.S. Exports Reach $193.3 Billion in April - KTRE.com | Lufkin and Nacogdoches, Texas

U.S. Exports Reach $193.3 Billion in April

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Export-Import Bank of the United States

Export-Import Bank Financing Support Helps Create American Jobs

WASHINGTON, June 4, 2014 /PRNewswire/ -- The United States exported $193.3 billion of goods and services in April 2014, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.

Export-Import Bank of the United States

"The numbers show that the world's consumers want U.S. goods and services for their quality and reliability," said Export-Import Bank Chairman and President Fred P. Hochberg. "Made in America is still the best in the world, and  the Ex-Im Bank is proud to play its part in boosting U.S. exporters abroad and supporting jobs here at home."

Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 45.1 percent above the level of exports in 2009, and have been growing at an annualized rate of 9.0 percent when compared to 2009.

During the same time period among the major export markets (i.e., markets with at least $6 billion in annual imports of U.S. goods), the countries with the largest annualized increase in U.S. goods purchases, when compared to 2009, were Panama (22.7 percent), Russia (18.9 percent), Peru (18.5 percent), Hong Kong (17.9 percent), Colombia (17.6 percent), Argentina (16.4 percent), Ecuador (16.1 percent), Chile (15.5 percent), Indonesia (14.6 percent) and China (14.5 percent).

ABOUT EX-IM BANK:
Ex-Im Bank is an independent federal agency that creates and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working-capital guarantees, export-credit insurance and financing to help foreign buyers purchase U.S. goods and services. In the past fiscal year alone, Ex-Im Bank earned for U.S. taxpayers more than $1 billion above the cost of operations.

In FY 2013, Ex-Im Bank approved more than $27 billion in total authorizations to support an estimated $37.4 billion in U.S. export sales and approximately 205,000 American jobs in communities across the country. For the year, the Bank approved a record 3,413 transactions-- or 89 percent--for small-businesses. Small business exporters can learn about how Ex-Im Bank products can help them increase foreign sales at http://go.usa.gov/ZVTd. For other information about Ex-Im, visit www.exim.gov.

Logo - http://photos.prnewswire.com/prnh/20110414/MM83673LOGO

©2012 PR Newswire. All Rights Reserved.

Powered by WorldNow
KTRE logo

KTRE

358 TV Road,
Pollok TX 75969

FCC Public File
publicfile@ktre.com
936-853-8639
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and KTRE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.