Ficha: 1565363
EVIDENCIA 8: EXPORT AND/OR IMPORT
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Article
In 2017, total U.S. trade with foreign countries was $5.2 trillion. That was
$2.3 trillion in exports and $2.9 trillion in imports of both goods and services.
The United States was the world's third-largest exporter, after China and
the European Union. It was the world's second-largest importer after the top-
ranked EU.
U.S. Exports
Only 13 percent of U.S. exported goods are consumer goods ($198 billion).
The biggest categories are pharmaceuticals ($51 billion), cell phones ($27
billion), and gem diamonds ($21 billion).
Services make up one-third of U.S. exports ($778 billion). The largest single
category is travel services, at $291 billion. Computer and business services
export $191 billion. The next category is royalties and license fees, at $124
billion. Other private services, such as financial services, add
$121 billion. Government and military contracts add $20 billion.
U.S. Imports
More than 80 percent of U.S. imports are goods ($2.4 trillion). Capital
goods ($641 billion) contribute 27 percent. That includes computers ($128
billion) and telecommunications equipment, including semiconductors ($128
billion).
Next is consumer goods ($602 billion). Of this, the cell phone and television
category ($121 billion) is the largest. Next is apparel and footwear ($123
billion). Pharmaceutical imports are $110 billion. U.S consumer spending is
dependent upon these low-cost imported goods.
Slightly less than a quarter of imports are industrial machinery and
equipment ($508 billion). The largest sub-category is oil and petroleum
products, at $183 billion.
Since the United States imports more than it exports, its trade deficit
is $502 billion. Even though America exports billions in oil, consumer goods,
and automotive products, it imports even more.
Key Vocabulary
Commerce: comercio
Exports: Exportaciones
Imports: Importaciones
Capital: capital
Negotiation: Negociación
Rights: Derechos
License: licencia
Consumers: consumidores
Category: categoría
Expenses: gastos
Income: ingresos
United States: Estados Unidos
English
The main idea of the text is to publicize the high volume of imports and exports
that the United States has, being the third largest exporter in the world, after China
and the European Union. It was the second largest importer in the world after the
best ranked EU. In exports, merchandise groups are classified as commercial
airplanes, industrial machines, and telecommunications, automobile, cellular,
pharmaceutical products and petroleum products.
Spanish
https://www.thebalance.com/u-s-imports-and-exports-components-and-
statistics-3306270