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.
U.S. Free Trade Agreement Partners in the Global Economy
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
Pending Free Trade Agreements
Colombia
NEW! U.S.-Colombia TPA Fact Sheet
A Partnership to Prosperity
Why a Colombia Trade Promotion Agreement?
Case for Colombia: Giving American Products a Fair Shake
State by State Impact Reports
Industry Sectoral Reports
United States Trade Representative (USTR) Information
Korea
Why a Korea Trade Promotion Agreement?
State by State Impact Reports
Industry Sectoral Reports
USTR Information
Panama
Why a Panama Trade Promotion Agreement?
State by State Impact Reports
USTR Information
Existing Free Trade Agreements
Australia
State by State Impact Reports
Industry Sectoral Reports
Opportunity Report
Textiles Information
Additional Australia FTA Information for Exporters
USTR Information
Bahrain
State by State Impact Report
Industry Sectoral Reports
Textiles Information
Additional Bahrain FTA Information for Exporters
USTR Information
CAFTA-DR
State by State Impact Reports
Additional Reports and Statistics
Textiles Information
Additional CAFTA-DR FTA Information for Exporters
USTR Information
Chile
Opportunity Report
Additional Reports and Statistics
Textiles Information
Additional Chile FTA Information for Exporters
USTR Information
Israel
Additional Reports and Statistics
Additional Israel FTA Information for Exporters
Textiles Information
USTR Information
Jordan
Additional Reports and Statistics
Additional Jordan FTA Information for Exporters
USTR Information
Morocco
State by State Impact Reports
Industry Sectoral Reports
Textiles Information
Additional Morocco FTA Information for Exporters
USTR Information
NAFTA
State by State Impact Reports
Commercial Availability Documents
Fact Sheet: Myth vs. Fact
Textiles Information
Additional Reports and Statistics
Additional NAFTA FTA Information for Exporters
Oman
Industry Sectoral Reports
Textiles Information
Additional Oman FTA Information for Exporters
Peru
Why a Peru Trade Promotion Agreement?
State by State Impact Reports
Industry Sectoral Reports
USTR Information
Singapore
Additional Reports and Statistics
Additional Singapore FTA Information for Exporters
USTR Information