WorldCity, Exports, in GOP debate spotlight, continue brisk, record growth | Connecting Local Business Leaders To The Global Economy

Exports, in GOP debate spotlight, continue brisk, record growth

October 9th, 2007

U.S. exports continue their brisk, record-breaking growth, according to WorldCity analysis of the most recent Census data.

International trade, including exports, imports, the deficit, the impact of China on U.S. manufacturing jobs, “fast-track” authority and more, were the topic of discussion during the Republican Party debate on Wednesday night.

What no candidate mentioned was that U.S. exports exceeded $1 trillion in value for the first time in U.S. history in 2006. While imports are rising more quickly than exports in dollar terms, increasing the U.S. trade deficit, exports continue to rise more quickly in percentage terms.

Through the first seven months of 2007, the most recent data available, exports are at a record $651.9 billion, up more than 11.2 percent. Over the last five years, the percentage growth is 63.2 percent, rising to the current level from the July 2002 year-to-date level of $399.4 billion.

More significantly, the increase is widely disbursed. In 2002, 68 specific commodities were valued at more than $1 billion through July. This year, there are 138 export commodities valued at more than $1 billion through July.

Through July, 138 categories of exports exceeded $1 billion in value, an increase from 68 in 2002.

2007	2002		July 2007 YTD	July 2002 YTD	Dollar Change	Percent Change
		Total, All Exports	$651,852,321,524	$399,439,795,695	$252,412,525,829	63.19%
1	2	Aircraft	$28,872,859,227	$17,754,692,449	$11,118,166,778	62.62%
2	5	Motor vehicles for transporting people	$24,027,688,661	$11,905,238,685	$12,122,449,976	101.82%
3	1	Electronic integrated circuits	$23,757,420,290	$22,147,877,437	$1,609,542,853	7.27%
4	3	Motor vehicle parts	$20,270,675,976	$17,177,238,231	$3,093,437,745	18.01%
5	7	Regional jet parts	$14,393,436,665	$9,316,446,925	$5,076,989,740	54.49%
6	4	Computers	$13,703,331,846	$12,601,038,841	$1,102,293,005	8.75%
7	16	Oil, not crude	$13,145,213,159	$3,110,000,502	$10,035,212,657	322.68%
8	8	Aircraft parts	$12,584,686,157	$8,220,711,608	$4,363,974,549	53.09%
9	10	Electric equipment for line telephony	$9,925,044,449	$5,203,940,557	$4,721,103,892	90.72%
10	9	Medical instruments for surgeons, dentists, vets	$9,770,842,643	$5,803,592,618	$3,967,250,025	68.36%
11	11	Medicine	$9,665,876,825	$4,745,121,321	$4,920,755,504	103.70%
12	12	Machinery parts	$9,292,669,279	$4,539,798,183	$4,752,871,096	104.69%
13	6	Computer parts	$9,211,303,464	$9,379,066,929	($167,763,465)	-1.79%
14	15	Motor vehicles for transporting goods	$7,362,873,650	$3,185,975,059	$4,176,898,591	131.10%
15	42	Gold	$6,990,794,328	$1,604,687,859	$5,386,106,469	335.65%
16	23	Diamonds, not mounted	$6,427,044,311	$2,581,503,379	$3,845,540,932	148.97%
17	NA	Machines for manufacturing	$5,437,874,775
18	48	Human blood, animal blood, plasma, vaccines	$5,231,309,837	$1,410,958,071	$3,820,351,766	270.76%
19	19	Corn	$5,215,436,769	$2,952,629,422	$2,262,807,347	76.64%
20	17	Electrical supplies, apparatus, less than 1000V	$4,604,732,808	$3,050,280,190	$1,554,452,618	50.96%
21	26	Photo-sensitive semi-conductors, parts	$4,569,296,900	$2,363,539,266	$2,205,757,634	93.32%
22	20	Soybeans, whether broken or not	$4,510,076,160	$2,883,206,747	$1,626,869,413	56.43%
23	21	Insulated wire, cable	$4,114,293,265	$2,691,839,233	$1,422,454,032	52.84%
24	103	Scrap iron, steel	$4,047,041,859	$766,812,780	$3,280,229,079	427.77%
25	14	Internal combustion engines, including aircraft	$3,967,074,141	$3,672,667,799	$294,406,342	8.02%
26	13	Miscellaneous machines, parts	$3,882,033,009	$3,859,341,563	$22,691,446	0.59%
27	33	Orthopedic appliances, artificial body parts	$3,864,934,467	$1,847,181,568	$2,017,752,899	109.23%
28	22	Medical technology	$3,683,466,022	$2,659,061,919	$1,024,404,103	38.53%
29	31	Taps, cocks and valves for pipes, tanks	$3,583,444,494	$1,985,235,284	$1,598,209,210	80.50%
30	47	Polymers of ethylene	$3,569,461,722	$1,537,748,015	$2,031,713,707	132.12%
31	56	Paintings, drawings and other artwork	$3,511,226,924	$1,297,213,390	$2,214,013,534	170.67%
32	32	Medical equipment for physicals, including anal exams	$3,386,197,776	$1,910,088,242	$1,476,109,534	77.28%
33	27	Centrifuges, filters, machines and parts	$3,376,499,306	$2,217,710,166	$1,158,789,140	52.25%
34	154	Printing machinery, including ink jet printers	$3,298,998,509	$492,293,212	$2,806,705,297	570.13%
35	118	Unrecorded media for audio	$3,253,453,201	$707,414,964	$2,546,038,237	359.91%
36	60	Self-propelled heavy construction machinery	$3,246,259,552	$1,222,200,115	$2,024,059,437	165.61%
37	35	Wheat, meslin	$3,140,476,882	$1,843,349,776	$1,297,127,106	70.37%
38	25	Parts for cellular communications	$3,127,575,181	$2,517,049,120	$610,526,061	24.26%
39	34	Pumps for dispensing liquids	$3,110,628,243	$1,846,517,931	$1,264,110,312	68.46%
40	40	Polyethers, expoxides and polyesters, primary forms	$3,047,088,577	$1,639,165,272	$1,407,923,305	85.89%
41	29	Compressors and pumps	$2,995,321,565	$2,070,584,547	$924,737,018	44.66%
42	52	Internal combustion piston engines, including aircraft	$2,904,376,458	$1,339,643,569	$1,564,732,889	116.80%
43	41	Miscellaneous machine parts	$2,891,416,342	$1,609,860,909	$1,281,555,433	79.61%
44	84	Cyclic hydrocarbons	$2,888,966,098	$896,329,372	$1,992,636,726	222.31%
45	53	Cotton, not carded or combed	$2,868,174,364	$1,304,975,408	$1,563,198,956	119.79%
46	24	Engine parts	$2,846,210,649	$2,524,594,880	$321,615,769	12.74%
47	104	Petroleum gases, other gaseous hydrocarbons	$2,768,751,997	$766,642,339	$2,002,109,658	261.15%
48	49	Tractors	$2,685,046,580	$1,381,123,200	$1,303,923,380	94.41%
49	61	Jewelry, parts	$2,633,390,434	$1,200,002,691	$1,433,387,743	119.45%
50	30	Misc. plastic articles	$2,606,951,015	$2,026,936,198	$580,014,817	28.62%
51	18	Transmission apparatus for cellular phones	$2,585,653,718	$3,015,752,348	($430,098,630)	-14.26%
52	121	Scrap of precious metal	$2,584,477,293	$692,509,453	$1,891,967,840	273.20%
53	37	Power supplies, transformers	$2,507,829,855	$1,716,875,443	$790,954,412	46.07%
54	28	Exports of repaired imports Imports of returned exports	$2,490,968,462	$2,184,363,559	$306,604,903	14.04%
55	105	Heterocyclic chemical compounds	$2,470,820,214	$755,742,021	$1,715,078,193	226.94%
56	44	Misc. medical chemical re-agents	$2,416,014,668	$1,570,272,759	$845,741,909	53.86%
57	38	Plastic boxes, containers	$2,365,049,015	$1,685,055,558	$679,993,457	40.35%
58	93	Unwrought platinum in various forms	$2,284,550,906	$838,331,444	$1,446,219,462	172.51%
59	43	Plastic plates, sheet, film	$2,225,224,297	$1,588,621,004	$636,603,293	40.07%
60	95	Chemical compounds	$2,220,385,556	$832,548,692	$1,387,836,864	166.70%
61	46	Miscellaneous electrical machinery	$2,183,244,012	$1,542,649,904	$640,594,108	41.53%
62	76	Coal, briquettes	$2,159,912,465	$938,345,492	$1,221,566,973	130.18%
63	58	Chemical woodpulp	$1,962,250,242	$1,264,180,700	$698,069,542	55.22%
64	57	Rubber tires	$1,940,632,919	$1,272,318,665	$668,314,254	52.53%
65	144	Parts for arcade, parlor games	$1,916,807,711	$553,610,279	$1,363,197,432	246.24%
66	65	Harvesting machinery for poultry	$1,899,244,525	$1,047,767,923	$851,476,602	81.27%
67	45	Seats, excluding barber, dental	$1,895,093,591	$1,552,190,839	$342,902,752	22.09%
68	70	Aluminum plates, sheets, strip more than 0.2mm thick	$1,886,749,636	$994,812,624	$891,937,012	89.66%
69	116	Color TVs, computer monitors	$1,885,256,816	$711,986,862	$1,173,269,954	164.79%
70	51	Fertilizers	$1,876,427,512	$1,356,534,972	$519,892,540	38.33%
71	39	Automatic regulating instruments, parts	$1,874,862,904	$1,681,499,267	$193,363,637	11.50%
72	63	X-ray apparatus	$1,844,303,484	$1,124,334,219	$719,969,265	64.04%
73	137	Trailers, not mechanically propelled, parts	$1,795,880,914	$570,032,521	$1,225,848,393	215.05%
74	72	Transmission shafts, bearings, gears	$1,793,146,757	$981,100,296	$812,046,461	82.77%
75	55	Misc. iron and steel articles	$1,789,776,896	$1,299,000,879	$490,776,017	37.78%
76	102	Binders for found molds; chemical products	$1,725,014,239	$774,627,379	$950,386,860	122.69%
77	100	Synthetic rubber, including butadiene	$1,722,459,352	$795,588,752	$926,870,600	116.50%
78	79	Poultry, fresh, chilled or frozen	$1,715,539,547	$919,584,933	$795,954,614	86.56%
79	73	Machinery for heating and sterilizing	$1,694,458,984	$974,584,349	$719,874,635	73.86%
80	66	Prepared foods, beverages	$1,690,844,027	$1,043,219,087	$647,624,940	62.08%
81	75	Parts for electrical supplies	$1,682,996,053	$939,325,728	$743,670,325	79.17%
82	119	Electrical boards, panels and switches	$1,668,671,698	$695,258,444	$973,413,254	140.01%
83	233	Copper waste and scrap	$1,625,959,665	$309,056,771	$1,316,902,894	426.10%
84	69	Optical fibers	$1,619,126,970	$997,265,530	$621,861,440	62.36%
85	251	Aluminum waste and scrap	$1,593,342,443	$286,287,849	$1,307,054,594	456.55%
86	62	Refrigerators, freezers	$1,592,829,586	$1,172,354,595	$420,474,991	35.87%
87	80	Misc. uncoated kraft paper, paperboard	$1,575,428,435	$914,495,707	$660,932,728	72.27%
88	182	Yachts and other boats	$1,499,585,298	$415,094,983	$1,084,490,315	261.26%
89	91	Make-up and skin care products	$1,490,594,145	$854,824,193	$635,769,952	74.37%
90	89	Sand-blasting, other liquid-dispersing equipment	$1,484,014,444	$866,701,595	$617,312,849	71.23%
91	136	Paper, paperboard scrap	$1,483,124,737	$571,978,294	$911,146,443	159.30%
92	64	Books, brochures	$1,446,052,062	$1,101,976,029	$344,076,033	31.22%
93	113	Instruments to check flow, levels; parts	$1,416,078,154	$729,139,014	$686,939,140	94.21%
94	162	Hormones and steroids used as hormones	$1,407,814,481	$467,441,257	$940,373,224	201.17%
95	54	Air conditioning machines	$1,406,110,553	$1,302,284,088	$103,826,465	7.97%
96	68	Insecticides, fungicides	$1,394,711,238	$1,013,036,124	$381,675,114	37.68%
97	78	Furniture, parts	$1,389,157,950	$922,499,993	$466,657,957	50.59%
98	92	Screws, nuts, bolts, washers	$1,381,738,606	$853,106,998	$528,631,608	61.97%
99	150	Electric generating sets, rotary converters	$1,370,257,905	$525,654,752	$844,603,153	160.68%
100	181	Ethers, ether-alcohols, alcohol peroxides etc.	$1,355,656,673	$415,836,073	$939,820,600	226.01%
101	110	Pork meat, fresh, frozen or chilled	$1,347,103,791	$736,859,772	$610,244,019	82.82%
102	87	Paper and paperboard, coated with kaolin	$1,330,226,607	$881,445,575	$448,781,032	50.91%
103	86	Electric motors, generators, not sets	$1,329,300,675	$884,980,524	$444,320,151	50.21%
104	156	Almonds, walnuts, pistachios, hazelnuts, etc.	$1,328,737,844	$486,396,730	$842,341,114	173.18%
105	117	Misc. chemical reaction initiators, accelerators	$1,324,130,298	$708,408,593	$615,721,705	86.92%
106	81	Amplifiers, speakers, microphones	$1,301,577,798	$913,259,501	$388,318,297	42.52%
107	126	Petroleum products	$1,295,785,810	$657,917,462	$637,868,348	96.95%
108	106	Organic surfuric agents	$1,284,121,976	$752,037,021	$532,084,955	70.75%
109	88	Radioactive chemical elements and isotopes	$1,283,371,733	$875,855,766	$407,515,967	46.53%
110	67	Wood, sawed or chipped, greater than 6 meters thick	$1,267,011,055	$1,037,283,924	$229,727,131	22.15%
111	82	Machine tool parts	$1,259,639,647	$905,189,046	$354,450,601	39.16%
112	168	Fork-lift trucks	$1,249,048,565	$446,164,668	$802,883,897	179.95%
113	142	Acyclic alcohols	$1,232,612,108	$558,482,879	$674,129,229	120.71%
114	71	Equipment, parts for exercising	$1,212,593,509	$987,223,774	$225,369,735	22.83%
115	85	Laser-based medical equipment, parts	$1,202,781,153	$886,331,969	$316,449,184	35.70%
116	90	Bombs, grenades, cartridges, parts	$1,188,748,405	$866,440,622	$322,307,783	37.20%
117	111	Anti-knock additives	$1,185,083,579	$735,227,429	$449,856,150	61.19%
118	165	Meteorological, hydaulic and survey equipment	$1,175,748,313	$456,562,757	$719,185,556	157.52%
119	240	Hydrogen, raw gases	$1,174,308,277	$300,772,416	$873,535,861	290.43%
120	178	Exports of charitable items, returned as imports	$1,122,640,725	$420,364,903	$702,275,822	167.06%
121	133	Polymers of vinyl chloride	$1,101,363,200	$617,675,235	$483,687,965	78.31%
122	59	Printed circuits	$1,100,202,811	$1,256,626,082	($156,423,271)	-12.45%
123	107	Preparations for animal feeding	$1,094,623,922	$751,187,196	$343,436,726	45.72%
124	148	Halogenated derivatives of hydrocarbons	$1,082,935,048	$532,163,814	$550,771,234	103.50%
125	108	Misc. coated paper, paperboard	$1,075,073,471	$746,916,503	$328,156,968	43.93%
126	114	Wood in the rough, stripped or not of sapwood, etc.	$1,071,376,629	$728,450,792	$342,925,837	47.08%
127	120	Interchangeable tools for hand- or machine-tools	$1,059,056,755	$695,222,499	$363,834,256	52.33%
128	77	Hardware for fixtures	$1,058,641,245	$930,797,090	$127,844,155	13.73%
129	145	Plastic tubes, hoses and fittings	$1,056,131,839	$550,950,063	$505,181,776	91.69%
130	217	Seamless iron tubes and pipes	$1,034,995,225	$332,056,117	$702,939,108	211.69%
131	94	Raw hides, skins of cows, horses	$1,029,685,212	$833,498,223	$196,186,989	23.54%
132	130	Parts of electric motors, generators, sets	$1,024,493,149	$637,838,387	$386,654,762	60.62%
133	268	Miscellaneous medicines	$1,018,760,974	$263,119,593	$755,641,381	287.19%
134	109	Misc, articles of unharded vulcanized rubber	$1,015,645,964	$742,753,873	$272,892,091	36.74%
135	123	Frozen fish	$1,015,269,581	$675,888,140	$339,381,441	50.21%
136	115	Compasses and similar navigational instruments	$1,013,373,919	$718,200,542	$295,173,377	41.10%
137	129	Self-adhesive plates, sheets, film	$1,006,797,978	$638,098,034	$368,699,944	57.78%
138	127	Ball bearings, roller bearings, parts	$1,004,474,575	$653,434,463	$351,040,112	53.72%