WASHINGTON, D.C. -- The United States exported $186.4 billion in goods and services in December 2012, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
U.S. exports of goods and services in 2012 reached a record annual total of nearly $2.2 trillion ($2.195 trillion), which is 39.1% above the level of exports in 2009.
Over the past 12 months, exports have been growing at an annualized rate of 11.6% when compared to 2009.
"Today's record-breaking numbers show that U.S. exports in 2012 continued on a historic path of growth," said Ex-Im Bank Chairman and President Fred P. Hochberg.
Over the last 12 months, 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, occurred in Panama (52.0%), Chile (42.2%), Russia (41.4%), Peru (37.9%), Venezuela (37.6%), Argentina (36.2%), United Arab Emirates (36.0%), Hong Kong (33.4%), Turkey (32.9%) and Columbia (31.7%).
Ex-Im Bank is an independent federal agency that provides private export financing at no cost to American taxpayers. It approved nearly $35.8 billion in total authorizations in FY 2012 -- an all-time Ex-Im record.