July 6, 2009
News Release 09-049
Inv. No. 332-345
Contact: Peg O'Laughlin, 202-205-1819


United States Has World's Biggest Services Market and Remains Leading Services Exporter, Importer

U.S. service firms led the world in global services trade in 2007, reports the U.S. International Trade Commission (USITC) in its publication Recent Trends in U.S. Services Trade, 2009 Annual Report.

The United States remains the world's largest services market and also the world's leading exporter and importer of services, according to the report.

The ITC, an independent, nonpartisan, factfinding federal agency, compiles the report annually. The report presents a statistical overview of U.S. trade in services and highlights the service sectors and geographic markets that contributed substantially to recent services trade performance.

This year's report focuses primarily on professional services and includes separate chapters on advertising, education, healthcare, and legal services that analyze global competitive conditions in the industry, examine recent trade performance, and summarize efforts to remove sectoral trade impediments.

The 2009 report covers trade in services from 2002 to 2007. Highlights of the report follow.

Recent Trends in U.S. Services Trade, 2009 Annual Report (Investigation No. 332-345, USITC publication 4084, July 2009) is available on the USITC's Internet site at http://www.usitc.gov/publications/332/pub4084.pdf. A CD-ROM of the report may be requested by e-mailing pubrequest@usitc.gov, calling 202-205-2000, or writing the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may also be faxed to 202-205-2104.

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