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Blog Category: Exports

Secretary Locke Statement on Trade Numbers

Photo of Secretary Locke.

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U.S. Commerce Secretary Gary Locke issued the following statement on the release of the May 2009 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports increased by 1.6 percent to $123.3 billion since April 2009. Imports decreased 0.6 percent to $149.3 billion. The goods and services trade deficit has fallen to the lowest level in this decade. Overall, the trade deficit declined by 9.8 percent during the month. (More) (Fact Sheet)

U.S. Commerce Secretary Gary Locke Statement on Trade Numbers

U.S. Department of Commerce seal.

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the April 2009 U.S. International Trade in Goods and Services that showed that U.S. exports decreased by 2.3 percent to $121.1 billion since March 2009. Imports decreased 1.4 percent to $150.3 billion. Overall, the trade deficit grew 2.2 percent during the same time period. “Today’s numbers remind us just how challenging the world economic environment is.That’s why it’s important we continue supporting American businesses by removing trade barriers and encouraging other countries to resist protectionist impulses.” (More)

Secretary Locke Meets with Singapore's Minister of Trade and Industry Lim

Secretary Locke and Minister Lim shaking hands in front of their countries' flags. Click for larger image.

U.S. Commerce Secretary Gary Locke hosted a meeting with Singapore’s Minister of Trade and Industry Lim Hng Kiang at the Commerce Department today. This was the first meeting between Minister Lim and Secretary Locke. Secretary Locke and Minister Lim expressed a commitment to strengthening an already robust bilateral commercial relationship, grounded in the extremely successful U.S.-Singapore Free Trade Agreement (FTA). Since implementation of the FTA in January 2004, two-way trade between the United States and Singapore has increased 41 percent, with U.S. exports increasing nearly 74 percent over the same time period. (More)

Secretary Locke Statement on March 2009 Trade Numbers

Department of Commerce seal.

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the March 2009 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports decreased by 2.4 percent to $123.6 billion since February 2009. Imports decreased 1.0 percent to $151.2 billion. Overall, the trade deficit grew 5.5 percent during the same time period. “Today’s numbers are better than many economists predicted, and it’s worth noting that the trade deficit is half of what it was in the first quarter of 2008.” (More) (Fact Sheet)

Commerce Secretary Locke Meets with China's Minister of Commerce

Secretary Locke and MinisterChen shake hands, with U.S. and Chinese flags in the background.

U.S. Commerce Secretary Gary Locke hosted a meeting with China’s Minister of Commerce Chen Deming at the Commerce Department. The Secretary and Minister Chen reaffirmed the commitment of both governments to continuing to build a positive and cooperative relationship that strengthens trade and creates jobs in the United Statesand China. The two leaders underscored the importance of achieving concrete results at the next meeting of the Joint Commission on Commerce and Trade and discussed issues such as increasing U.S. exports to China and the need to avoid protectionism. (More)

Commerce Secretary Gary Locke Statement on Trade Numbers

DOC seal.

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the February 2009 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports increased by 1.6 percent to $126.8 billion since January 2009. Imports decreased 5.1 percent to $152.7 billion. Overall, the trade deficit shrank 28.3 percent during the same time period. (More)

BEA and Census Release Data on U.S. International Trade in Goods and Services

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The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total December exports of $133.8 billion and imports of $173.7 billion resulted in a goods and services deficit of $39.9 billion, down from $41.6 billion in November, revised. December exports were $8.5 billion less than November exports of $142.3 billion. December imports were $10.2 billion less than November imports of $183.9 billion. (More) (U.S. Export Fact Sheet)