August Trade Data Shows Strong Exports Continue

by Katelyn McCullock

August trade data showed exports continued at a double-digit pace, increasing 15 percent over August 2016. This marks the third straight month of double-digit export increases and extends the year-to-date lead to 15 percent over last year. Leading the way in the month of August were increases to Vietnam (113 percent), Japan ( 9 percent), followed by Hong Kong (28 percent), and Canada (18 percent). Mexico and other countries showed single-digit increases, while China and South Korea posted year-over-year declines.