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In Trade

ITC trade in services report shows slight growth for U.S. exports in 2016

June 13, 2018
U.S. services exports grew slightly in 2016, the U.S. International Trade Commission states in its new “Trends in Services Trade” report. The annual report shows U.S. cross-border services exports amounted to $733.6 billion and imports totaled $483.1 billion in 2016. “The top 10 exporting countries together accounted for 53.5 percent of global cross-border exports of private services in 2016, with the United States accounting for the largest share (15.2 percent),” the report states. “Although U.S. cross-border services exports grew by...

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