Figure 3
U.S. Share of World Gross Domestic Product and Merchandise Exports: 1990-2008

Figure 3
U.S. Share of World Gross Domestic Product and Merchandise Exports: 1990-2008

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Year U.S. share of world GDP (percent) U.S. share of world merchandise exports
1990 27.5 11.6
1991 26.8 12.1
1992 26.2 12.0
1993 26.8 12.5
1994 26.5 12.0
1995 25.0 11.5
1996 25.8 11.8
1997 27.5 12.5
1998 29.2 12.6
1999 29.8 12.3
2000 30.7 12.2
2001 31.9 11.9
2002 31.7 10.8
2003 29.5 9.6
2004 28.0 9.0
2005 27.5 8.7
2006 27.0 8.7
2007 25.1 8.4
2008 23.4 8.1

SOURCES: U.S. Department of Transportation, Research and Innovative Technology Administration, Bureau of Transportation Statistics, based on data from various sources. GDP-International Monetary Fund, World Economic Outlook Database, April 2009. Available at www.imf.org/external/data.htm as of Sept. 14, 2009. Trade-International Monetary Fund, Direction of Trade Statistics. Available at www.imfstatistics.org/dot as of Sept. 14, 2009.

  • The U.S. share of world GDP and merchandise exports increased from 1995 to 2001 during the "dot-com boom" period of U.S. economic expansion. Since 2001, the expansion of developing economies in Asia-notably China's economy-contributed to the decline of the U.S. share of world GDP and merchandise exports.

  • Top goods exports from the United States include civilian aircraft and parts, motor vehicles and parts, electrical equipment, electronics, and medical equipment (USDOC CB FTD 2009).