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Transcript
Four Facts About Trade
and Manufacturing
1. U.S.-manufactured goods exports are on the rise.
U.S.-manufactured exports equaled nearly $1.4 trillion in 2012.
U.S.-manufactured goods exports more than quadrupled since 1990.
U.S. exports have grown more than twice as fast as U.S. GDP since 2002 and accounted for
14 percent of U.S. GDP in 2012.
2. When markets open, sales rise.
In 2012, nearly 50 percent of U.S.-manufactured goods exports went to just 20 countries,
America’s free trade agreement partners.
America’s free trade agreement partners purchased nearly 13 times more goods from the
United States per capita than other countries did.
3. Trade supports good-paying American jobs.
Jobs linked to manufactured goods exports pay on average 15 percent to 20 percent more
than other jobs.
Trade is vital to create new customers and production for manufacturers here.
4. Most companies that trade are SMEs.
The vast majority of U.S. exporters are small and medium-sized businesses with fewer than
500 workers.
In addition, more than 6,000 small and medium-sized exporters (SMEs) export indirectly by
selling goods and services to other companies that use them to export finished products.
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