TI News: An information service from the Office of
Travel & Tourism Industries (OTTI)|
February 22, 2013
RECORD YEAR FOR TRAVEL TO THE UNITED STATES
Travel and Tourism Industry Buoys Record U.S. Export Figures for 2012WASHINGTON - The U.S. Department of Commerce’s International Trade Administration today released the December 2012 data on international travel and tourism to the United States, which shows that exports in this sector hit a record $168.1 billion in 2012.
Travel and tourism exports represent the largest service-export industry within the United States. In 2012, travel and tourism accounted for 8 percent of all U.S. exports and 27 percent of all service-exports, which themselves hit a record in 2012, reaching $632.3 billion. International travel and tourism also helped contribute to the record surplus the U.S. holds in services exports, which hit $195.3 billion in 2012, and the overall record U.S. export figure of $2.2 trillion.
“International visitors to the United States are an increasing part of our export success story, which not only continues to reach record levels, but support millions of American jobs,” said Under Secretary for International Trade Francisco SÃ¡nchez. “The Obama Administration is committed to support these positive trends by taking concrete steps to attract and welcome international visitors to the United States, which is boosting local economies from San Diego to San Juan.”
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