Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 Restaurants
 INCO Terms
 Ports
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Rice
 Grain
 Agriculture
 Commodity Exchange
 Weather
 Other
 Info
 Editor
 Advertisement
 Technical
Search in news database
USA export increase 12.7 pct, while imports increased 10.5
In 2006 U.S. exports grew by 12.7 percent over 2005 to $1.4 trillion, while imports increased 10.5 percent to $2.2 trillion. To compare, in 2005 Japan’s GDP was $4.91 trillion and Russia’s GDP was $733 billion.
Exports comprised 11.1 percent of U.S. GDP in 2006, the highest ever in dollar terms. It was 5.2 percent 50 years ago and 9.6 in 2002.
Although petroleum imports reached a record high of $303 billion in 2006, the rate of growth declined by nearly half, slowing from 39.6 percent in 2005 to 20.1 percent in 2006. Excluding petroleum products, the U.S. goods trade deficit grew by only 1.7 percent ($8.9 billion) in 2006.
International travel is one of the largest exports for the United States, ranking ahead of agricultural goods and motor vehicles. Purchases of services and goods by foreign travelers, including expenditures for food, lodging, recreations, and gifts while in the U.S. are counted as U.S. exports.
Last year, international visitors spent a record $107.4 billion in travel receipts including passenger fares for the U.S., an increase of 5 percent over 2005. 2006 marked the eighteenth consecutive year that the United States has enjoyed a travel and tourism balance of trade surplus -- $7.3 billion in 2006.

China is our fourth largest export market. Exports of goods to China have grown by 31.7 percent in 2006, while imports have increased 18.2 percent during the same period.
U.S. exports to China in 2006 were greater than U.S. exports to India, Brazil and France combined.

U.S. Free Trade Agreement (FTA) partners make up 7.3 percent of the world’s GDP (excluding the U.S.), and exports to these countries comprise more than 42 percent of total U.S. exports. As of February 13, 2007 the U.S. has FTAs in force with 13 countries.

Free Trade Agreements are in force with four CAFTA countries (El Salvador, Guatemala, Honduras and Nicaragua) and are awaiting implementation in two (Costa Rica and the Dominican Republic). Negotiations were recently concluded with Panama.
U.S. exports to the above seven Central American countries were $22.3 billion in 2006, an increase of 17.1 percent over 2005. To compare, U.S. exports to these seven Central American countries are larger than American exports to Spain, Russia and Argentina combined.
MGR Archive 16.2.2007
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
Password:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:


Convert
  © 2002 All rights reserved. - Legal Notice