During 2010, the United States grew its exports to the world by 20.9% to US$1.28 trillion.
Total American imports increased at a faster pace. Over that same time period, U.S. imports were up 22.7% to $1.912 trillion.
The net result is that America’s trade deficit for 2010 was $634.6 million. That’s 26.7% higher than its $500.9 million negative balance during 2009.
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