Ports: A Year of Upward Transition
May 30, 2023
By Nicole Cornett, Managing Editor, Expansion Solutions Magazine
Growth in U.S.-international trade accelerated at an unprecedented pace in response to the spike in consumer demand during the COVID-19 pandemic. The United States is one of the world’s largest trading nations, with nearly $6 trillion in exports and imports of goods and services from the latest available 2021 data.
Of the total U.S. international trade of goods and services, the import and export of goods alone exceeded $4.6 trillion (77.4 percent) in 2021, up from $3.8 trillio...
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