Chapter News, Trade & TTIP Related

U.S. Department of Commerce Report Demonstrates Exports to Free Trade Agreement Partners Support American Jobs

The U.S. Department of Commerce today issued its Jobs Supported by Export Destination 2015 report showing that U.S. goods exports to current free trade agreement partners supported more than 3 million jobs in 2015, an increase of more than 22 percent since 2009. U.S. goods and services exports to our North American Free Trade Agreement (NAFTA) partners – Canada and Mexico – alone accounted for nearly one out of four jobs supported by exports.

“This report clearly shows how American exports to all corners of the globe are having an positive impact on employment here at home,” said Secretary Pritzker. “To build on this success, we need to create more opportunities for U.S. businesses to sell their goods and services into the fastest-growing markets in the world.”

The report provides a breakdown of the estimated 11.5 million American jobs supported by exports by specific country and regional destinations. Between 2009 and 2015, the total number of jobs supported by U.S. exports grew by nearly 1.9 million.

According to the report, goods and services exports to the European Union, NAFTA partners, China, and Japan supported 6.9 million jobs, or 60 percent of all jobs supported by exports. Exports to partners in the Asia and Pacific region accounted for the highest number of jobs supported, at more than 3.3 million.

For more information, please visit the Jobs Supported by Export Destination 2015