For Immediate Release: June 4, 2014
Contact: Tim Truman (202) 482-3809
Statement From Acting Under Secretary of Commerce for International Trade Ken Hyatt on International Trade in Goods and Services in April 2014
WASHINGTON – Acting Under Secretary of Commerce Ken Hyatt issued the following statement today on the release of the April 2014 U.S. International Trade in Goods and Services data. U.S. exports of goods and services decreased slightly to $193.3 billion from $193.7 billion in March, but transport and telecommunications, computers, and information services exports were at record high levels.
U.S. exports year-to-date 2014 have increased 2.3 percent, highlighted by expanded sales of capital goods; foods, feeds, and beverages; travel services; consumer goods; maintenance and repair services; and financial services. Each of these sectors had growth of more than $1 billion in the first four months of 2014.
“The year-to-date data continues to indicate that consumers around the globe want the high-quality products and world-class services offered by U.S. companies,” Hyatt said. “We renewed our commitment to U.S. exporters in May with the launch of the National Export Initiative/NEXT, which broadens our approach to be more data- and customer service-driven in our efforts to continue to grow U.S. exports while strengthening our economy and creating good jobs here at home.”
Building on the National Export Initiative (NEI) launched by President Obama in 2010, NEI/NEXT will help American businesses capitalize on existing and new opportunities to sell Made-in-America goods and services abroad. NEI/NEXT will help more American companies reach more overseas markets with objectives focused on improving data, providing information on specific export opportunities, working more closely with financing organizations and service providers, and partnering with states and communities to empower local export efforts. Since the launch of the NEI, a record number of U.S. companies exported annually, and the United States has seen an increase of 1.6 million export-supported jobs and $700 billion in exports of U.S. goods and services, reaching an all-time high of $2.3 trillion dollars last year.
International Trade Administration
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