Trade Balance: April 2011

•  Exports increased to $175.6 billion in April from $173.4 billion in March.
•  Imports decreased to $219.2 billion in April from $220.2 billion in March. 

To learn more about good and services by category and goods by geographical area, go here.

Source:  U.S. Census Bureau/Foreign Trade Data

Will the USA Small Business Owner Exporting Civilian Aircraft Please Claim Their Prize?

Census Bureau's Global Reach blog says:

Last month (June 2010) saw a $7.9 billion increase in the deficit despite a 3.3% drop in petroleum imports. This month, the trade deficit improved despite petroleum imports holding steady at $26.8 billion. A drop of $0.7 billion in crude oil was offset by increases in fuel oil and other petroleum products.

And, they go on further to say:

The increase in exports was driven by civilian aircraft, up $1.4 billion to $3.6 billion in July.

If you are a small business owner (with less 500 employees) exporting civilian aircraft as noted above, please let us know so you can claim your prize.

We wish to honor you here with a special feature story and will definitely let the Obama administration know that their National Export Initiative, which encourages small businesses to export, is working!

Illustration credit can be found here.

Posted by: Laurel Delaney, The Global Small Business Blog

The World According to the U.S. Census Bureau

Countries and areas ranked by population in 2010, 2020 and 2030. Interesting. What are your thoughts about this? Two decades from now, India rules. The United States can't seem to alter its No. 3 position.

Source: U.S. Census Bureau, International Data Base