The combined value of U.S. exports and imports has grown from 9 percent to 28 percent of GDP between 1965 and the third quarter of 2015.
Salaries in export-intensive U.S. industries are up to 16.3 percent higher for manufacturing jobs and 15.5 percent higher for services jobs than for similar jobs in industries that are not export intensive.
47 percent of U.S. goods exports go to the country’s 20 existing free trade agreement (FTA) partners.
The countries with which the United States currently has FTAs account for 10 percent of global GDP. Successfully completing the TransPacific Partnership (TPP) and Trans-Atlantic Trade and Investment Partnership (TTIP) negotiations would increase that share to 41 percent.
The TPP will help increase U.S. trade and investment ties with 11 other countries, which will create a trade zone with a combined population of 806 million and 36 percent of world GDP.
The Export-Import Bank supported approximately 164,000 American jobs and facilitated more than $27 billion in U.S. exports in 2014.
89 percent of approved Export-Import Bank transactions in 2014 were for small businesses (3,347 out of 3,746 total transactions).