Spending Beyond Our Means: US Trade Balance By Decade

SPENDING BEYOND OUR MEANS US TRADE BALANCE BY DECADE US EXPORTS US IMPORTS KEY: GOODS SERVICES DEFICIT SURPLUS 1960 $3.5 BILLION $25.9 BILLION $22.4 BILLION 1970 $2.3 BILLION $56.6 BILLION $54.3 BILLION 1980 $19.4 BILLION $271.8 BILLION $291.2 BILLION 1990 $80.9 BILLION $535.2 BILLION $616.1 BILLION 2000 $370 BILLION $1.07 TRILLION $1.44 TRILLION 2008 $690 BILLION $1.83 TRILLION $2.52 TRILLION SURPLUS/DEFICIT AS % OF GDP: 5% SURPLUS DEFICIT 4% 3% 1960 1970 1980 1990 2000 2008 TOP US TRADING PARTNERS-2009: TAIWAN NETHERLANDS CANADA FRANCE S. KOREA CHINA UK MEXICO GERMANY mint com SOURCE: 2010 NEW YORK TIMES WORLD ALMANAC JAPAN