International Business Digest
Center for International Business Education
ISS UE | 1
VOLUM E | 11
S E P T E M B E R | 2 01 4
Latest U.S. Merchandise Trade Sta s cs
Latest U.S. Merchandise
Trade Sta s cs
Page 1
Editor’s Note
Page 2
This sec on features selected sta s cs on U.S. merchandise trade with major
geographical regions. The top 3 markets for U.S. merchandise exports are North
America, Asia and Europe (in order), and the top 3 sources of U.S. merchandise imports
are Asia, North America and Europe (in order). Data reported in the tables below are
collected from the website of the Office of Trade and Industry Informa on (OTII),
Manufacturing and Services, Interna onal Trade Administra on, U.S. Department of
Commerce (h p://tse.export.gov).
Table 1: Total U.S. Merchandise Exports (Billions of $)
Global Trade and
Business: Current News
& Events
Page 3
Contact Informa on
Page 6
Region
1. North America
2. Asia
3. Europe
4. South America
5. Middle East
6. Africa
7. Central America
8. Oceania & Australia
9. Caribbean
World
2009
333.56
263.09
258.06
71.83
44.8
24.33
19.22
22.42
18.5
1,056.04
2010
412.93
338.68
285.59
92.57
48.68
28.34
24.03
25.32
21.97
1,278.49
2011
479.59
380.71
329.47
114.81
58.53
32.88
31.45
32.09
22.75
1,482.51
2012
508.57
386.96
329.19
127.69
69.58
32.73
33.03
35.44
22.51
1,545.70
2013
527.71
402.08
326.73
127.49
73.28
35.18
33.29
30.04
23.62
1,579.59
Table 2: Total U.S. Merchandise Imports (Billions of $)
Region
1. Asia
2. North America
3. Europe
4. South America
5. Middle East
6. Africa
7. Central America
8. Caribbean
9. Oceania & Australia
World
(Con nued on page 2). 2009
585.47
402.91
331.22
79.91
58.6
62.4
15.91
12.28
10.92
1,559.62
2010
721.63
507.63
381.88
97.31
74.5
85.01
20.87
13.24
11.78
1,913.86
2011
796.22
578.21
448.6
129.95
103.76
93.01
25.0
19.34
13.87
2,207.95
2012
849.76
601.86
455.85
128.15
116.75
66.82
27.22
16.42
13.47
2,276.30
2013
865.59
613.09
460.66
118.63
107.19
50.06
26.45
13.43
13.21
2,268.32
Editor’s Note
Gree ngs. It gives us great pleasure to bring to you the 41st issue of the Prairie View Interna onal Business Digest, an electronic quarterly newsle er produced by the Center for
Interna onal Business Educa on.
This issue features two sec ons. The first sec on (Latest U.S. Merchandise Trade Sta s cs)
presents up‐to‐date sta s cs on U.S. merchandise trade with major geographical regions.
The second sec on highlights current global business/trade news and events. Please note
that all URL links are ac ve and you can go directly to a sec on from the Table of Contents
on the first page.
We hope you con nue to find this e‐newsle er a valuable channel for important
informa on rela ng to interna onal business. We believe our efforts will inspire greater
number of local firms to seek out new global business opportuni es. Should you have any
ques ons or sugges ons, please feel free to contact us.
Dr. Rahim Quazi
Editor
Thank you for your support,
Rahim Quazi, Ph.D.
Editor, Prairie View Interna onal Business Digest
Center for Interna onal Business Educa on
Prairie View A&M University
E‐mail | rmquazi@pvamu.edu
Phone | (936) 261‐9225
Fax| (936) 261‐9226
Latest U.S. Merchandise Trade Sta s cs
(Con nued from page 1). Table 3: Top 5 Merchandise Export Markets for the U.S. (Billions of $)
Country
1. Canada
2. Mexico
3. China
4. Japan
5. Germany
(Con nued on page 5). 2009
204.66
128.89
69.50
51.13
43.31
Prairie View InternaƟonal Business Digest
2010
249.26
163.66
91.91
60.47
48.16
Page 2
2011
281.29
198.29
104.12
65.80
49.29
2012
292.65
215.91
110.52
69.96
48.80
2013
301.61
226.08
121.74
65.21
47.36
Volume 11| Issue 1
Global Trade & Business:
Current News and Events
Houston Tops the List of U.S. Export Hubs
Last year, merchandise exports from 387 U.S. metropolitan areas totaled $1.4 trillion. The top five export hubs are:
 Houston‐The Woodlands‐Sugar Land ‐ $115.0 billion
 New York‐Newark‐Jersey City ‐ $106.9 billion
 Los Angeles‐Long Beach‐Anaheim ‐ $76.3 billion
 Sea le‐Tacoma‐Bellevue ‐ $56.7 billion
 Detroit‐Warren‐Dearborn ‐ $53.9 billion
Export News from Tradeology (Interna onal Trade Administra on Blog)
Plugging Into the Global Marketplace Join SelectUSA in Germany Making the Most of Interna onal Trade Shows Suppor ng the Best Environment for U.S. Exporters Finding “Harmony” in Expor ng U.S. Businesses Succeeding in Africa 4th Houston Shipping and Offshore Conference, October 10 This conference will bring together business execu ves and industry experts to discuss cri cal issues in shipping and
offshore industries. Central target groups include representa ves from the interna onal shipping and mari me offshore
industries as well as port authori es. The conference will host representa ves from several countries, including Norway, S.
Korea, and Brazil. Conference fee: $300. For more informa on, see: h p://www.houstonsoc.com
6th Annual Harris County Interna onal Trade &Transporta on Conference, October 23 Harris County, a robust center of interna onal trade and home to one of the world’s busiest ports, provides a vital and
essen al gateway for trade linking North America with interna onal markets. This conference will take a look into the
future of trade and transporta on in this region. Registra on fee: $95. For more details, see: h p://
harriscountyevents.net/
Texas Governor’s Small Business Forums in October
For more details, see: h p://www.texaswideopenforbusiness.com/small‐business/events.php
 October 9, 2014 ‐ Waco
 October 15, 2014 ‐ Dallas
 October 16, 2014 ‐ Laredo
 October 17, 2014 ‐ Houston
 October 21, 2014 ‐ San Antonio
 October 23, 2014 ‐ San Antonio
 October 29, 2014 ‐ Arlington
(Con nued on page 4). Prairie View InternaƟonal Business Digest
Page 3
Volume 11| Issue 1
Global Trade & Business: Current News and Events
(Con nued from page 3). 2014 Interna onal Trade Educa on Series (in Aus n)
This series of classes is designed to provide the knowledge needed to successfully grow U.S. businesses through
interna onal trade. Cost: $35 each class. October 15, 2014 ‐ Understanding Foreign Cultures for Business
November 19, 2014 ‐ Introduc on to Imports
December 02, 2014 ‐ Essen als of U.S. Export Controls
December 03, 2014 ‐ Technology and Encryp on Controls
Colombia Texas Chamber of Commerce Trade Mission, November 3‐7
The Colombia Texas Chamber of Commerce is organizing a trade mission to Expo Oil and Gas Colombia 2014. This mission
includes full admission to conference sessions; matchmaking mee ngs with key industry players (up to 6); discounted
hotel rates; transporta on between hotel and the show, and support prior to and during the show. Par cipa on fee is
$2,200 for CTCC members and $2,640 for non‐CTCC members. More details can be found at:
h p://www.chamberorganizer.com/Calendar/moreinfo.php?even d=145664
China Energy Efficiency Trade Mission, December 7‐13
China’s 12th Five Year Plan (2011‐2015) calls for a 16% reduc on in the energy intensity
of the economy. Consequently, opportuni es abound for U.S. companies to leverage
their exper se to generate “megawa s” in China. The focus of this mission is to help
U.S. companies (that provide technology and/or services related to energy efficiency)
enter/expand into the Chinese market. Total cost is $7,500 (not including airfare, visa or
interpreta on service). More details can be found at:
h p://chinauseealliance.org/2014mission/
Trade Mission to Kenya, South Africa and Mozambique, February 23‐27, 2015 Kenya, South Africa and Mozambique are inves ng in key sectors. This trade mission
will include mee ngs with local businesses, experts and poten al buyers. Cost: South
Africa and Mozambique ‐ $3,450 for SMEs and $4,850 for large firms; $1,950 for Kenya. More details can be found at:
h p://www.export.gov/trademissions/Africa2015/
Trade Mission to Morocco, Algeria and Egypt, March 4‐12, 2015
The U.S. Department of Commerce is organizing this execu ve‐led business development mission to help U.S. firms in the
safety and security industry. The targeted sector for par cipa on is safety and security, including U.S.‐based
manufacturers of safety and security equipment, U.S. based providers of safety and security services, and U.S. trade
associa ons promo ng U.S. safety and security products and services. Applica on Deadline: January 15, 2015. More
details can be found at: h p://www.export.gov/trademissions/safetysecurity2015/ Sources:
Export News, U.S. Export Assistance Center, Houston
Export News, U.S. Export Assistance Center, Aus n
Tradeology, Interna onal Trade Administra on Blog
Prairie View InternaƟonal Business Digest
Page 4
Volume 11| Issue 1
Latest U.S. Merchandise Trade Sta s cs
(Con nued from page 2). Table 4: Top 5 U.S. Merchandise Export Items to Canada (Billions of $)
Export Item
1. Transporta on Equipment
2. Machinery, Except Electrical
3. Chemicals
4. Computer and Electronic Products
5. Primary Metal Manufacturing
Total Merchandise Exports to Canada
2009
41.01
21.92
23.02
21.21
8.46
204.66
2010
53.77
26.99
26.74
25.63
12.83
249.26
2011
57.45
30.13
29.97
27.75
14.70
281.29
2012
61.54
32.93
29.75
28.71
14.80
292.65
2013
64.32
31.11
30.23
27.99
15.05
301.61
Table 5: Top 5 U.S. Merchandise Export Items to Mexico (Billions of $)
Export Item
1. Computer and Electronic Products
2. Transporta on Equipment
3. Chemicals
4. Petroleum & Coal Products
5. Machinery, Except Electrical
Total Merchandise Exports to Mexico
2009
24.96
14.35
15.59
6.58
11.87
128.89
2010
32.96
19.61
18.23
11.99
12.98
163.66
2011
35.23
23.87
21.54
20.32
14.73
198.29
2012
36.61
27.76
23.59
20.67
17.72
215.91
2013
38.61
30.07
24.09
19.32
18.85
226.08
Table 6: Top 5 U.S. Merchandise Export Items to China (Billions of $)
Export Item
1. Transporta on Equipment
2. Agricultural Products
3. Computer and Electronic Products
4. Chemicals
5. Machinery, Except Electrical
Total Merchandise Exports to China
2009
7.49
10.58
12.53
9.71
6.46
69.50
2010
10.62
13.82
15.24
11.80
9.30
91.91
2011
12.30
14.69
13.63
13.59
10.37
104.12
2012
15.09
20.72
13.92
12.94
9.43
110.52
2013
22.55
18.91
16.03
13.90
9.51
121.74
Table 7: Total U.S. Merchandise Trade Balance (Billions of $)
Region
1. Oceania & Australia
2. Caribbean
3. South America
4. Central America
5. Africa
6. Middle East
7. North America
8. Europe
World
2009
11.49
6.23
‐8.08
3.31
‐38.07
‐13.8
‐69.35
‐73.15
‐503.58
Prairie View InternaƟonal Business Digest
2010
13.54
8.73
‐4.74
3.16
‐56.67
‐25.82
‐94.7
‐96.29
‐635.36
2011
18.22
3.41
‐15.14
6.46
‐60.13
‐45.24
‐98.62
‐119.13
‐725.45
Page 5
2012
21.98
6.09
‐0.46
5.80
‐34.08
‐47.18
‐93.29
‐126.66
‐730.60
2013
16.83
10.19
8.85
6.84
‐14.89
‐33.91
‐85.38
‐133.94
‐688.73
Volume 11| Issue 1
Next Issue Available: December 2014
If you would like to receive an electronic version of this newsle er, contact
Dr. Rahim Quazi at 936‐261‐9225 or rmquazi@pvamu.edu
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