GSP Imports Reach $19.9 Billion in 2012

Last Friday, the U.S. government released the full-year trade data for 2012 showing that  GSP imports reached $19.9 billion.  This represents an increase of more than $1.3 billion, or about 7 percent, and is a significant jump considering the loss of GSP benefits for former top-10 suppliers Argentina (kicked out) and Colombia (GSP replaced by FTA), and for the products.

India was the top source for GSP imports with $4.5 billion last year.  Thailand ($3.7 billion), Brazil ($2.3 billion), Indonesia ($2.2 billion), and South Africa ($1.3 billion) rounded out the top five GSP sources for 2012.

This entry was posted in Brazil, GSP, India, Indonesia, South Africa, Thailand and tagged , , , , . Bookmark the permalink.

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