Exports/Imports - All

Question 1

Who are the world’ current leaders (5) in merchandise exporting?

Answer 1

1. China
2. USA
3. Germany
4. Japan
5. Netherlands

Question 2

What share of global merchandise exports are attributable to China?

Answer 2

11.2%

Question 3

What share of global merchandise exports are attributable to USA?

Answer 3

8.4%

Question 4

In 2013, what was the value of international US exports of goods and services?

Answer 4

$2.27 trillion

Question 5

What was the total value of the US trade balance in 2013?

Answer 5

• $471. 53 billion

Question 6

At the depths of the great recession in 2009, what was the annual percentage change in exports from the previous year (2008)?

Answer 6

Exports dropped around 9% in 2009 from the year before.

Question 7

In 2013, what was the percentage change in exports from the prior year?

Answer 7

Exports grew approx. 3% in 2013.

Question 8

Total US volume of exports of trade goods and services in Q1 and Q2 of 2014?

Answer 8

1Q14: $574.187 billion

2Q14: $586.256 billion

Question 9

What percentage of GDP is attributable to exports of goods and services as of 2Q14?

Answer 9

Exports make up 13.5% of GDP

Question 10

Name the three principal US exported goods by commodity group.

Answer 10

1. Manufactures
2. Fuels and mining products
3. Agricultural products

Question 11

What proportion of overall export goods are manufactured goods?

Answer 11

71.3%

Question 12

Name the three principal service items exported from the United States?

Answer 12

1. “other commercial services”
2. Travel
3. Transportation

Question 13

Name 5 of the US’s main principal end-use commodity categories that make up the bulk of its trade goods.

Answer 13

1. Capital goods
2. Industrial supplies
3. Consumer goods
4. Automotive vehicles
5. Foods, feeds, beverages

Question 14

Name top 5 US exports of trade goods in 2013, by product industry class.

Answer 14

1. Transportation equipment
2. Computer and electronic products
3. Chemicals
4. Machinery (excluding electrical)
5. Petroleum and coal products

Question 15

In 2013, what was the fastest growing export trade product, by industry class, and by how much did it grow from the previous year?

Answer 15

Oil and Gas.

Grew by more than 50% from 2012 to 2013.

Question 16

In 2013, what were the three leading export groups of advanced technology products in the US?

Answer 16

1. Aerospace
2. Information and communications
3. Electronics

Question 17

In 2013, who were the five leading import countries in the world?

Answer 17

1. USA
2. China
3. Germany
4. Japan
5. UK

Question 18

What share of global merchandise imports is attributable to the US?

Answer 18

13%

Question 19

What was the total value of US imports in 2013?

Answer 19

2.75 trillion USD