U.S. Exports Hit More Than $181.2 Billion in February

Press release from the issuing company

Thursday, April 12th, 2012

The United States exported $181.2 billion in goods and services in February 2012, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. Exports of goods and services over the last twelve months totaled $2.134 trillion, which is 35.46 percent above the level of exports in 2009.  Over the last twelve months, exports have been growing at an annualized rate of 15.04 percent when compared to 2009, a pace slightly greater than the 15 percent required to double exports by 2015.

"Exports are more important to America than ever, and I am pleased that we are on track to meet President Obama's goal of doubling U.S. exports by 2015," said Fred P. Hochberg, chairman and president of the Export-Import Bank of the United States.

Over the last twelve months, the major export markets with the largest annualized increase in U.S. goods purchases werePanama (39.1 percent), Turkey (37.0 percent), Honduras (32.1 percent), Argentina (31.0 percent), Chile (30.8 percent), Hong Kong (30.2 percent), Peru (28.1 percent), Russia (26.2 percent), Brazil (25.9 percent), and Guatemala (24.2 percent).