Figure 3 U.S. Share of World Gross Domestic Product and Merchandise Exports: 1990-2008
Figure 3
U.S. Share of World Gross Domestic Product and Merchandise Exports: 1990-2008
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SOURCES: U.S. Department of Transportation, Research and Innovative Technology Administration, Bureau of Transportation Statistics, based on data from various sources. GDP-International Monetary Fund, World Economic Outlook Database, April 2009. Available at www.imf.org/external/data.htm as of Sept. 14, 2009. Trade-International Monetary Fund, Direction of Trade Statistics. Available at www.imfstatistics.org/dot as of Sept. 14, 2009.
- The U.S. share of world GDP and merchandise exports increased from 1995 to 2001 during the "dot-com boom" period of U.S. economic expansion. Since 2001, the expansion of developing economies in Asia-notably China's economy-contributed to the decline of the U.S. share of world GDP and merchandise exports.
- Top goods exports from the United States include civilian aircraft and parts, motor vehicles and parts, electrical equipment, electronics, and medical equipment (USDOC CB FTD 2009).