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Exports

U.S. exports grew in Q3, including in computer parts 

by Stephanie Hughes
Dec 19, 2024
Exports of computer-related services rose too. "You sell the machine, but you also sell the engineers" who can set it up, one expert says.
Imports also increased in the third quarter, underscoring the U.S. economy's growth, says Eswar Prasad of Cornell University.
Spencer Platt/Getty Images
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"This couldn’t have come at a worse time": Exporters brace for port strike delays

by Justin Ho
Oct 3, 2024
There's only so much capacity to store backed-up products, including foodstuffs.
The longer the port strike, the more expensive it will be for farmers to store their products waiting to be exported, says senior KPMG economist Meagan Schoenberger.
Anna Moneymaker/Getty Images
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Services exports are a critical and growing part of the economy

by Stephanie Hughes
Aug 5, 2024
They have been a positive contributor to GDP growth for almost every quarter over the past three years.
Lighting designer Greg Guarnaccia stands in his office in Baltimore. As a U.S. resident with clients abroad, he’s a services exporter.
Stephanie Hughes/Marketplace
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Business reactions to Biden Administration tariffs vary widely

by Sabri Ben-Achour
Jun 26, 2024
Some businesses say the new tariffs will put them on a level playing field with Chinese exporters. Others see little advantage.
Biden is keeping many Trump-era tariffs and introducing new ones, including lithium ion batteries, electric vehicles and feeding tube parts. 
Spencer Platt/Getty Images
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How the war in Ukraine created a new kingdom of king crab

by Kai Ryssdal and Maria Hollenhorst
Jun 18, 2024
Demand for alternatives to Russian exports, including seafood, has given this Norwegian fishing village a big economic boost.
King crabs caught in the waters off Bugøynes, Norway, in 2002. More recently, sanctions on Russian seafood products have boosted demand for the village's catch.
Jan-Morten Bjornbakk/AFP via Getty Images
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The U.S. exports more petroleum than it imports. So why are we importing at all?

by Caleigh Wells
May 13, 2024
It's largely about the chemistry of the oil and the mechanics of the refineries. In many cases, importing foreign crude is cheaper.
An oil pumpjack in Texas. Importing foreign crude oil is often cheaper for the United States.
Brandon Bell/Getty Images
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The fallout from a strong dollar

by Mitchell Hartman
Apr 29, 2024
U.S. exports become more expensive overseas, but imported goods become cheaper here in the U.S.
A stronger dollar makes imported goods cheaper, meaning American consumers can buy more stuff.
Matt Cardy/Getty Images
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Israel-Hamas war's human cost is primary, but geopolitical risk to economy persists

by Nancy Marshall-Genzer
Oct 18, 2023
If the conflict widens to include direct confrontation with other nations in the Middle East, the economic shockwaves could be significant.
“The geopolitical pot is just boiling,” said Bernard Baumohl of the Economic Outlook Group. Above, a man walks through debris in Gaza City on Oct. 11.
Mahmud Hams/AFP via Getty Images
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China’s efforts to address domestic problems can lead to global challenges

by Sabri Ben-Achour and Erika Soderstrom
Apr 29, 2022
Restrictions on exports like fertilizer and steel have major economic ramifications for trading partners.
When the prices of fertilizer began to increase last year, China moved to restrict fertilizer exports. Above, workers move bags of fertilizer in China's northwest Qinghai province in 2005.
Peter Parks/AFP via Getty Images
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The trade deficit was partly to blame for the hit to GDP. But there's a silver lining.

by Mitchell Hartman
Apr 28, 2022
Global turmoil put a cap on U.S. exports, while the easing of supply chain snags allowed Americans to import more.
More imports and fewer exports caused a slight dip in GDP, but that's giving the supply chain a chance to recover.
Mario Tama/Getty Images
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