Employment Projections

Exports and imports of goods and services

This table also can be found in the article, "The U.S. economy to 2024," published in the December 2015 Monthly Labor Review.

Other available formats: (XLSX)

Table 4.6 Exports and imports of goods and services, 1994, 2004, 2014, and projected 2024

Category

Billions of chained 2009 dollars

Annual
rate of change

1994

2004

2014

2024

1994–2004

2004–14

2014–24

Exports of goods and services

$826.5

$1,300.5

$2,084.6

$3,090.8

4.6

4.8

4.0

Goods

553.0

904.5

1,438.9

2,146.5

5.0

4.8

4.1

Nonagricultural

487.5

824.9

1,323.3

2,018.9

5.4

4.8

4.3

Agricultural

69.4

80.4

117.2

137.5

1.5

3.8

1.6

Services

279.7

395.4

645.1

947.9

3.5

5.0

3.9

Residual(1)

-10.1

-0.1

-1.1

-13.5

-

-

-

Imports of goods and services

937.5

2,035.4

2,537.3

3,716.7

8.1

2.2

3.9

Goods

747.7

1,704.1

2,072.4

3,120.6

8.6

2.0

4.2

Nonpetroleum

595.0

1,405.2

1,918.4

2,997.8

9.0

3.2

4.6

Petroleum

204.5

308.7

214.9

236.2

4.2

-3.6

0.9

Services

193.8

326.4

464.4

595.5

5.4

3.6

2.5

Residual(2)

-55.7

-5.0

-60.4

-112.9

-

-

-

Trade surplus/deficit

-111.0

-734.8

-452.7

-625.9

20.8

-4.7

3.3

Footnotes:
1 The residual following the detail categories for exports is the difference between the aggregate of "exports of goods and services" and the sum of the figures those separate categories for exports of goods and services.
2 The residual following the detail categories for imports is the difference between the aggregate of "imports of goods and services" and the sum of the figures those separate categories for imports of goods and services.
Note: Dash indicates data not computable or not applicable.

Source: Historical data: Bureau of Economic Analysis; Projected data: Employment Projections program, U.S. Bureau of Labor Statistics.

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Last Modified Date: December 8, 2015

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