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About Trade

"Free and fair trade helps secure a future of freedom and promise."

President George W. Bush
World Trade Week Proclomation
May 16, 2008

Site Updated: November 19, 2008

Facts Of The Day

December 12, 2007

The number of small- and medium-sized enterprises (SMEs) that exported to China in 2005 totaled over 21,000—up from approximately 3,000 SMEs in 1992.

Source: Prepared by the International Trade Administration

Trade Fact for December 12, 2007

December 11, 2007

The American tourism industry benefits greatly from travelers from Asia. Visitation from Asia increased six percent in June, July, and August 2007 and was up four percent year-to-date. Growth was driven by arrivals from China, which increased 30 percent over the summer of 2007.

Source: Prepared by the International Trade Administration

Trade Fact for December 11, 2007

December 10, 2007

In 2006, China was the United State’s second largest trading partner globally and our largest in Asia, with bilateral merchandise trade of $343 billion.

Source: Prepared by the International Trade Administration

Trade Fact for December 10, 2007

December 7, 2007

The United States is already a leading source of Korea’s imports, with an 11 percent market share. Despite close proximity to other competitive Asian economies such as China, Japan and the rest of the Asia Pacific group, the high quality and wide selection of competitively priced U.S. products provide U.S. exporters with a distinctive edge, one which will be enhanced under the tariff elimination provisions of the U.S.-Korea Free Trade Agreement.

Source: Prepared by the International Trade Administration

Trade Fact for December 7, 2007

December 6, 2007

The U.S.-Panama TPA will be of particular benefit to U.S. small- and medium-sized businesses (SMEs) (enterprises with fewer than 500 employees). In 2005, U.S. SMEs exported $775 million in merchandise to Panama, representing 40 percent of total U.S. exports to Panama—above the 29 percent SME share of U.S. exports to the world.

Source: Prepared by the International Trade Administration

Trade Fact for December 6, 2007

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