Trade Fact of the Day
Korea is a $1 trillion economy and the 7th largest U.S. trading partner.
About Trade
"Trade fosters human opportunities that build hope and give people a stake in their society's success."
John D. Negroponte
Deputy Secretary of State
September 18, 2007
Facts Of The Day
May 8, 2008
Texas and Florida were the top state exporters to Colombia in 2007. Texas recorded merchandise exports of $2.3 billion to Colombia, while Florida recorded shipments of $2.1 billion.
Source: Prepared by the International Trade Administration
May 7, 2008
Twenty-three states exported more than $50 million in goods to Colombia in 2007. Fifteen of these states exported goods worth more than $100 million, and two states exported merchandise worth more than $2 billion.
Source: Prepared by the International Trade Administration
May 6, 2008
Colombia is the second-largest market for U.S. agriculture in the Western Hemisphere after the NAFTA market.
Source: International Trade Administration
May 5, 2008
$1,000,000,000. As of today, American exports have faced more than an estimated $1 billion in tariffs upon entry into the Colombian market.
Source: International Trade Administration
May 2, 2008
According to the American Farm Bureau, the Peru and Colombia Trade Promotion Agreements will increase U.S. farm exports by $1.39 billion. USDA estimates for every million dollars of agricultural exports 13.4 jobs are created. Therefore, once fully implemented the Peru and Colombia agreements will provide over 18,000 new jobs due to increased agricultural exports.
Source: The Agriculture Coalition for Latin American Trade (42 food and agriculture organizations), Open Letter to Congress, July 18, 2007
