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U.S. Trade Agreements web site banner - A joint effort between the Departments of Agriculture, Commerce, State, Treasury and the Office of the United States Trade Representative.

About Trade

"Free and fair trade helps secure a future of freedom and promise."

President George W. Bush
World Trade Week Proclomation
May 16, 2008

Site Updated: October 27, 2008

About Free Trade Agreements

Free trade agreements (FTAs) have proved to be one of the best ways to open up foreign markets to U.S. exporters. Today, the United States has FTAs with 14 countries. In 2006, six new FTAs were implemented: with Bahrain, El Salvador, Guatemala, Honduras, Morocco, and Nicaragua. Last year, trade with countries that the United States has FTAs was significantly greater than their relative share of the global economy. Although comprising 7.5 percent of global GDP (not including the United States), those FTA countries accounted for over 42 percent of U.S. exports.

More FTA information:
U.S. Department of State

U.S. Department of Agriculture

U.S. Trade Representative

International Trade Administration

U.S. Free Trade Agreement Partners in the Global Economy

Free Trade Agreement Chart. Link to text version.

FTA = free trade agreement
GDP = gross domestic product

Note: World GDP excludes the United States. GDP percentage shares are based on GDP figures on a purchasing power parity basis. Export figures are for total U.S. Exports.
Free trade agreement countries include all countries with free trade agreements with the United States (Australia, Bahrain, Canada, Chile, Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, Mexico, Morocco, Nicaragua, and Singapore).

Sources: International Monetary Fund, World Economic Outlook Database (April 2007); U.S. Department of Commerce, International Trade Administrations, and Bureau of the Census

FTA Partners and the US Trade Balance in 2006.  $442 billion exports to and $574 billion imports from FTA countries.  $595 billion exports to and $1,281 billion improts from non-FTA countries.  Source: U.S. Department of Commerce