TABLE 4. Value of U.S. Merchandise Trade with NAFTA Partners Compared with U.S. Trade with Overseas Countries: 1990-2008
Monday, June 4, 2012
TABLE 4. Value of U.S. Merchandise Trade with NAFTA Partners Compared with U.S. Trade with Overseas Countries: 1990-2008
(Current $, billions)
| Year | Overall | NAFTA vs. 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 | 1,559 | 475 | 1,084 | 30.5 | 69.5 |
| 1998 | 1,594 | 503 | 1,091 | 31.5 | 68.5 |
| 1999 | 1,720 | 559 | 1,161 | 32.5 | 67.5 |
| 2000 | 2,000 | 653 | 1,347 | 32.7 | 67.3 |
| 2001 | 1,870 | 614 | 1,256 | 32.8 | 67.2 |
| 2002 | 1,854 | 604 | 1,251 | 32.6 | 67.4 |
| 2003 | 1,982 | 629 | 1,353 | 31.7 | 68.3 |
| 2004 | 2,288 | 713 | 1,576 | 31.1 | 68.9 |
| 2005 | 2,579 | 789 | 1,790 | 30.6 | 69.4 |
| 2006 | 2,891 | 866 | 2,024 | 30.0 | 70.0 |
| 2007 | 3,119 | 909 | 2,210 | 29.1 | 70.9 |
| 2008 | 3,401 | 964 | 2,436 | 28.4 | 71.6 |
| Percent
change, 1990-2008 |
282.6 | 314.1 | 271.4 | ||
| Average
annual growth rate, 1990-2008 |
7.7 | 8.2 | 7.6 | ||
KEY: NAFTA = North American Free Trade Agreement
SOURCES: U.S. Department of Transportation, Research and Innovative Technology Administration, Bureau of Transportation Statistics. Total trade-Based on data from U.S. Department of Commerce, U.S. Census Bureau, Foreign Trade Division, available at www.census.gov/foreign-trade/www as of May 12, 2009. NAFTA land trade-Based on U.S. Department of Transportation, Research and Innovative Technology Administration, Bureau of Transportation Statistics, Transborder Freight Data, as of May 2009.