April 8, 2013
The United States
of goods and services in
, an increase from January's exports of
, according to data released Friday by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
"The many successful small- and mid-sized businesses attending last week's Ex-Im annual conference demonstrated that growing sales and profits in today's global economy is possible by selling to the 95 percent of the world's customers located outside
the United States
," said Ex-Im Bank Chairman and President
Fred P. Hochberg
. "Export growth remains a vital component of the nation's economic recovery, and Ex-Im will continue to provide
export credit support
to American entrepreneurs as they expand their reach to buyers outside our borders."
Hochberg noted that during the first six months of FY 2013 Ex-Im Bank export credit authorizations were strong, amounting to
, supporting over 100,000 U.S. jobs and exceeding the Bank's authorizations in all of 2008.
U.S. exports of goods and services over the last twelve months totaled
, which is 39.7 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 11.1 percent when compared to 2009.
Over the last twelve months, among the major export markets (i.e., markets with at least
in annual imports of U.S. goods), the countries with the largest annualized increase in U.S. goods purchases, when compared to 2009, occurred in
United Arab Emirates
(20.7 percent), and
About Ex-Im Bank
is an independent federal agency that helps create and maintain U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. In the past five years (from Fiscal Year 2008), Ex-Im Bank has earned for U.S. taxpayers nearly
above the cost of operations. The Bank provides a variety of financing mechanisms, including working capital guarantees, export-credit insurance and financing to help foreign buyers purchase U.S. goods and services. The Bank operates
regional export finance centers
in major cities around the U.S.
in total authorizations in FY 2012 – an all-time Ex-Im record. This total includes more than
directly supporting small-business export sales – also an Ex-Im record. Ex-
's total authorizations are supporting an estimated
in U.S. export sales and approximately 255,000 American jobs in communities across the country. For more information, visit
SOURCE Export-Import Bank of
the United States