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Table 1: Value of U.S. Goods Trade with Canada and Mexico Compared with
U.S. Merchandise Trade with All Countries: 1990–2004
Excel | CSV
| 1990 |
889 |
233 |
204 |
26.2 |
87.5 |
822 |
215 |
188 |
| 1991 |
910 |
241 |
210 |
26.4 |
87.3 |
848 |
224 |
196 |
| 1992 |
981 |
264 |
232 |
27.0 |
87.7 |
924 |
249 |
218 |
| 1993 |
1,046 |
293 |
258 |
28.0 |
88.0 |
993 |
278 |
245 |
| 1994 |
1,176 |
343 |
312 |
29.2 |
90.9 |
1,107 |
323 |
293 |
| 1995 |
1,328 |
380 |
338 |
28.6 |
89.1 |
1,219 |
349 |
311 |
| 1996 |
1,420 |
421 |
377 |
29.7 |
89.5 |
1,338 |
397 |
355 |
| 1997 |
1,560 |
475 |
426 |
30.5 |
89.6 |
1,522 |
464 |
416 |
| 1998 |
1,594 |
503 |
452 |
31.5 |
89.9 |
1,630 |
514 |
462 |
| 1999 |
1,720 |
559 |
501 |
32.5 |
89.7 |
1,771 |
575 |
516 |
| 2000 |
2,000 |
653 |
576 |
32.7 |
88.1 |
2,000 |
653 |
576 |
| 2001 |
1,870 |
614 |
547 |
32.8 |
89.2 |
1,905 |
625 |
558 |
| 2002 |
1,857 |
604 |
541 |
32.5 |
89.6 |
1,915 |
622 |
558 |
| 2003 |
1,983 |
629 |
563 |
31.7 |
89.4 |
1,996 |
633 |
566 |
| 2004 |
2,288 |
712 |
634 |
31.1 |
89.0 |
2,207 |
687 |
611 |
Percent
change,
1990–2004 |
157.4 |
205.7 |
211.2 |
|
|
168.3 |
218.7 |
224.4 |
| Annual
average growth rate (percents) |
7.0 |
8.3 |
8.4 |
|
|
7.3 |
8.6 |
8.8 |
NOTE: NAFTA = North American Free Trade Agreement
1 To compare economic changes
over time, current or nominal values of currencies must be deflated or
adjusted for inflation. In the United States, the Bureau of Economic Analysis
(BEA) establishes indices to calculate changes between years. These are used
to calculate real chained dollars. Annual changes in the indices are chained
(multiplied) together to form a time series. Chained dollars, instead of
merely reflecting inflation, capture the effect of relative changes in prices
and in the composition of output. They also better reflect cyclical
fluctuations in the economy. Chained
2000 dollars are the most currently available indices from BEA for adjusting
for inflation.
SOURCE: U.S. Department of Transportation, Research and
Innovative Technology Administration, Bureau of Transportation Statistics,
based on: current
dollars - data from the U.S. Department of
Commerce, U.S. Census Bureau, Foreign Trade Division, FT920 U.S. Merchandise
Trade, 1990 to 2004; chained 2000 dollars - estimates
based on inflation-adjusted indices from the U.S. Department of Commerce,
Bureau of Economic Analysis, National Income and Products Accounts, Tables
4.2.5 and 4.2.6, available at http://www.bea.gov/bea/dn/nipaweb/index.asp as
of May 2005.
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