Did you know that exports support higher-paying jobs for an increasingly educated and diverse workforce? Jobs supported by exports pay, on average, 18 percent more than other jobs. Employees in the “most trade-intensive industries” earn an average compensation of nearly $94,000, or more than 56 percent more than those in manufacturing companies that were less engaged in trade. (Source: MAPI Foundation, using data from the Bureau of Economic Analysis) – See more at: http://www.nam.org/Newsroom/Facts-About-Manufacturing/#sthash.GmetGCLP.dpuf
In the most recent data, manufacturers contributed $2.17 trillion to the U.S. economy in 2015. This figure has risen since the second quarter of 2009, when manufacturers contributed $1.70 trillion. Over that same time frame, value-added output from durable goods manufacturing grew from $0.87 trillion to $1.18 trillion, with nondurable goods output up from $0.85 trillion to $0.99 trillion. In 2015, manufacturing accounted for 12.1 percent of GDP in the economy. (Source: Bureau of Economic Analysis) -
Did you know that New Zealand was the United States’ 52nd largest goods export market in 2013?
U.S. goods exports to New Zealand in 2013 were $3.2 billion, down 0.1% ($4 million) from 2012, but up 74% from 2003.
The top export categories (2-digit HS) in 2013 were: Aircraft ($493 million), Machinery ($457 million), Special Other (low value shipment) ($268 million), Vehicles ($240 million), and Electrical Machinery ($184 million).
For more information, see https://ustr.gov/countries-regions/southeast-asia-pacific/new-zealand