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Exports

"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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Strike shuts down St. Lawrence Seaway, a main commercial artery

by Savannah Peters
Oct 23, 2023
A shutdown will affect farmers exporting products from Canada, mostly to Europe and the Middle East.
The Seaway was built by the U.S. and Canadian governments in the 1950s to connect the upper Midwestern states and prairie provinces to global markets.
Andrej Ivanov/AFP via Getty Images
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Israel-Hamas War

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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The U.S. is no longer world's leading exporter of corn

by Meghan McCarty Carino
Aug 31, 2023
Brazil breaks America's near-lock on the top spot for half a century. But corn growers are still doing fine.
Despite losing market share to Brazil, U.S. growers are still selling more corn in absolute terms.
Stefani Reynolds/AFP via Getty Images
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Tradle brings Wordle-style game to global exports

by Kai Ryssdal and Sarah Leeson
Aug 24, 2023
Can you figure out what country exports, say, both crude oil and leather footwear? Gilberto García-Vazquez of Datawheel explains the game.
A screenshot of Thursday's Tradle. Which country is it?
Tradle/Observatory of Economic Complexity
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