TABLE 4. Value of U.S. Merchandise Trade with NAFTA Partners Compared with U.S. Trade with Overseas Countries: 1994-2003
Monday, June 4, 2012
TABLE 4. Value of U.S. Merchandise Trade with NAFTA Partners Compared with U.S. Trade with Overseas Countries: 1994-2003
(Current $, billions)
| Year | Overall | NAFTA v. overseas | Relative percentage shares | ||
|---|---|---|---|---|---|
| Total U.S. international merchandise trade | U.S. trade with NAFTA partners | U.S. trade with overseas partners | Ratio of U.S.-NAFTA trade to total U.S. trade | Ratio of U.S. overseas trade to total U.S. trade | |
| 1990 | 889 | 233 | 656 | 26.2 | 73.8 |
| 1991 | 910 | 241 | 670 | 26.4 | 73.6 |
| 1992 | 981 | 264 | 716 | 27.0 | 73.0 |
| 1993 | 1,046 | 293 | 753 | 28.0 | 72.0 |
| 1994 | 1,176 | 343 | 833 | 29.2 | 70.8 |
| 1995 | 1,328 | 380 | 948 | 28.6 | 71.4 |
| 1996 | 1,420 | 421 | 999 | 29.7 | 70.3 |
| 1997 | 1,560 | 475 | 1084 | 30.5 | 69.5 |
| 1998 | 1,594 | 503 | 1091 | 31.5 | 68.5 |
| 1999 | 1,720 | 559 | 1161 | 32.5 | 67.5 |
| 2000 | 2,000 | 653 | 1347 | 32.7 | 67.3 |
| 2001 | 1,870 | 614 | 1256 | 32.8 | 67.2 |
| 2002 | 1,857 | 604 | 1253 | 32.5 | 67.5 |
| 2003 | 1,983 | 629 | 1354 | 31.7 | 68.3 |
| Percent change, 1990-2003 | 123.1 | 170.2 | 106.4 | ||
| Average annual growth rate, 1990-2003 | 6.4 | 7.9 | 5.7 | ||
KEY: NAFTA = North American Free Trade Agreement
SOURCE: U.S. Department of Transportation, Bureau of Transportation Statistics, based on total trade, from U.S. International Trade Commission, USITC Interactive Tariff and Trade Dataweb, available at http://dataweb.usitc.gov/as of Sept. 15, 2004.