Table C-4 U.S. Merchandise Trade and Production of Tradable Goods in Gross Domestic Product (GDP): 1970-2000

Table C-4
U.S. Merchandise Trade and Production of Tradable Goods in Gross Domestic Product (GDP): 1970-2000

(Billions of dollars)

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Current $

Year Total GDP GDP by sector1 Merchandise trade Trade as share of GDP (percent)
Agriculture, forestry, & fishing Mining Manufacturing Total production of tradeable goods Merch. Goods exports Merch. Goods imports Total merch. Goods (imports& exports) Total merch. Trade as % of GDP Merch. Exports as % of GDP Merch. Exports as % of goods production
1970 1,040 30 19 250 299 45 41 85 8 4 15
1971 1,129 32 19 263 314 46 47 92 8 4 15
1972 1,240 37 20 290 348 52 57 109 9 4 15
1973 1,386 55 24 322 401 74 72 146 11 5 18
1974 1,501 53 37 337 427 101 105 206 14 7 24
1975 1,635 55 43 355 452 110 99 209 13 7 24
1976 1,824 54 48 406 507 118 125 242 13 6 23
1977 2,031 54 54 463 571 124 153 276 14 6 22
1978 2,296 63 62 518 642 145 177 323 14 6 23
1979 2,566 75 71 571 717 184 213 397 15 7 26
1980 2,796 67 113 587 767 226 249 474 17 8 29
1981 3,131 81 153 652 886 239 268 507 16 8 27
1982 3,259 77 150 651 878 215 251 466 14 7 24
1983 3,535 63 129 693 885 207 273 480 14 6 23
1984 3,933 84 136 783 1,002 226 336 562 14 6 23
1985 4,213 85 135 804 1,024 222 343 566 13 5 22
1986 4,453 82 88 829 1,000 226 370 596 13 5 23
1987 4,742 89 92 889 1,070 258 415 672 14 5 24
1988 5,108 89 99 980 1,168 326 452 778 15 6 28
1989 5,489 102 97 1,018 1,217 372 485 856 16 7 31
1990 5,803 108 112 1,041 1,261 399 508 907 16 7 32
1991 5,986 103 97 1,044 1,243 426 501 927 15 7 34
1992 6,319 112 88 1,082 1,281 449 545 994 16 7 35
1993 6,642 108 88 1,131 1,328 460 593 1,053 16 7 35
1994 7,054 118 90 1,223 1,432 510 677 1,186 17 7 36
1995 7,401 110 96 1,289 1,495 584 758 1,341 18 8 39
1996 7,813 130 113 1,316 1,560 618 808 1,427 18 8 40
1997 8,318 130 119 1,380 1,629 689 885 1,574 19 8 42
1998 8,782 128 100 1,431 1,660 681 930 1,611 18 8 41
1999 9,269 127 103 1,497 1,727 698 1,047 1,745 19 8 40
2000 9,873 136 127 1,567 1,829 786 1,245 2,031 21 8 43

1 Industry groups based on 1987 Standard Industrial Classification. Bureau of Economic Analysis (BEA) data for overall U.S. trade in current dollars will differ from figures reported by the U.S. Census Bureau, due to BEA adjustments in the data.

Chained 1996 $2

Year Total GDP GDP by sector1 Merchandise trade Trade as share of GDP (percent)
Agriculture, forestry, & fishing Mining Manufacturing Total production of tradeable goods Merch. Goods exports Merch. Goods imports Total merch. Goods (imports& exports) Total merch. Trade as % of GDP Merch. Exports as % of GDP Merch. Exports as % of goods production
1987 6,113 110 99 1,046 1,255 271 446 717 12 4 22
1988 6,368 101 115 1,120 1,336 323 464 787 12 5 24
1989 6,592 111 103 1,112 1,326 363 483 847 13 6 27
1990 6,708 119 106 1,102 1,327 393 498 891 13 6 30
1991 6,676 121 101 1,066 1,289 421 498 919 14 6 33
1992 6,880 131 96 1,085 1,311 450 544 994 14 7 34
1993 7,063 123 101 1,123 1,347 463 598 1,062 15 7 34
1994 7,348 136 108 1,206 1,450 508 678 1,186 16 7 35
1995 7,544 123 113 1,285 1,521 569 739 1,308 17 8 37
1996 7,813 130 113 1,316 1,560 618 808 1,427 18 8 40
1997 8,159 144 117 1,387 1,648 708 923 1,631 20 9 43
1998 8,509 145 120 1,444 1,710 723 1,031 1,754 21 8 42
1999 8,857 153 112 1,532 1,797 751 1,159 1,911 22 8 42
2000 9,224 166 95 1,595 1,856 836 1,316 2,152 23 9 45

2 1987 is the earliest year for which the U.S. Department of Commerce, Bureau of Economic Analysis reports total merchandise trade figures adjusted for inflation in chained 1996 dollars.

SOURCE: U.S. Department of Transportation, Bureau of Transportation Statistics; based on data from U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Products Account (NIPA), available at http://www.bea.doc.gov/bea/dn1.htm, as of August 2002.