Almost Half of U.S. Trade Is with FTA Partners
Goods exports to America’s 20 free-trade agreement (FTA) partners continue to make up nearly half (more than 46.4% in 2022) of all U.S. goods exports. Exports to the group increased 17.7% year-over-year and made up 45% of U.S. goods export growth in 2022. The citizens of these markets represent only about 6% of the world’s population outside the United States, but on a per capita basis, the citizens of these 20 countries bought nearly 14 times the volume of American-made goods as other economies.
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