July 25, 2008

Recent data show that U.S. manufacturing exports have swung from a deficit to a surplus with Free Trade Agreement countries. Nearly half of the $15.0 billion trade balance improvement was due to increasing exports to NAFTA partner Canada. With Canada alone, the U.S. went from a $1.8 billion deficit in manufactured goods year-to-date 2007, to a $5.3 billion surplus in the same period of 2008

Source: Prepared by the International Trade Administration