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Figure 5 Merchandise Export Trade and Goods Production in the U.S. Economy: 1970-2000

Thursday, December 1, 2011

Figure 5
Merchandise Export Trade and Goods Production in the U.S. Economy: 1970-2000

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Percent (in current $) 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000
Ratio of goods export to overall GDP 4.3 4.0 4.2 5.3 6.7 6.7 6.5 6.1 6.3 7.2 8.1 7.6 6.6 5.9 5.7 5.3 5.1 5.4 6.4 6.8 6.9 7.1 7.1 6.9 7.2 7.9 7.9 8.3 7.8 7.5 8.0
Ratio of goods export to goods GDP 14.9 14.5 14.9 18.4 23.6 24.2 23.2 21.7 22.6 25.7 29.4 27.0 24.5 23.4 22.5 21.7 22.6 24.1 27.9 30.5 31.6 34.3 35.0 34.6 35.6 39.1 39.7 42.3 41.0 40.4 42.9

 

Percent (in chained 1996 $) 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000
Ratio of goods export to overall GDP 4.4 5.1 5.5 5.9 6.3 6.5 6.6 6.9 7.5 7.9 8.7 8.5 8.5 9.1
Ratio of goods export to goods GDP 21.6 24.1 27.4 29.6 32.7 34.3 34.4 35.1 37.4 39.7 43.0 42.3 41.8 45.0

NOTE: Goods production refers to the agriculture, mining, and manufacturing sectors based on the 1987 Standard Industrial Classification

SOURCE: U.S. Department of Transportation, Bureau of Transportation Statistics, based on data fromn U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Products Account (NIPA) basis, revisions through August 2001, available at http://www.bea.doc.gov/bea/dn1.htm, as of August 2002