Exports seen as key driver for economy
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A slowdown in manufacturing and construction means the economy needs to rely even more on exports to sustain growth.
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Europe fears its exports will be choked off by the dollar's decline, while American manufacturers are rejoicing.
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A breakthrough soon in world trade  talks would give the global economy a much-needed boost at a  time when many are worried about a possible downturn, top U.S.  and Australian trade officials said on Friday.
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Thriving exports are helping to offset a decline in domestic quaffing of Belgian beer.
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The Bush administration hopes to build on a U.S. export boom that is helping to reduce the U.S. trade deficit from last year's record $758.5 billion, U.S. Commerce Secretary Carlos Gutierrez said on Monday.
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A export surge has thrust the Canadian economy into high gear and it is running at close to full capacity, the Bank of Canada said on Thursday, explaining its move to
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Britainâs trade deficit unexpectedly shrank in May to the narrowest in more than one and a half years as buoyant economic growth in Europe and Asia raised exports. The goods trade deficit was Â£6.3 billion ($12.7 billion), the least since October 2005, down from a revised Â£6.9 billion a month earlier, the Office for National Statistics said. The report suggests British manufacturers are coping with the level of the pound, which reached the highest in a quarter-century last week on speculation of higher interest rates. British factories are benefiting from an economic pickup in the euro region, which buys half of their exports. Exports to non-European Union countries rose in May, by 2.3 percent, and imports fell by 1.9 percent, narrowing the gap in the goods trade to Â£3.5 billion. Exports to European Union nations rose 4.2 percent.
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Developing countries are starting to flex their financial muscles and invest overseas.
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HONG KONG: Hong Kongâs economy probably grew 1.5 percent in the second quarter, accelerating from the previous quarter, but is poised to moderate in coming months as slowing demand for goods from China puts pressure on exports.
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General Motors  is seriously  considering boosting car exports from Europe, including to its  key U.S. market, to help boost productivity at its European  sites, a senior GM executive said on Thursday.
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COLUMN | It still looks like a healthy U.S. economy is a necessary ingredient to global prosperity.
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THE North-East could see investment and employm
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Exports continued to grow this year at a stronger pace than imports, even though both categories set records, the Commerce Department reported.
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Appetite for foreign foods and beverages is among the reasons the nation is expected to pay as much for imported products in 2005 as it earns by selling products abroad.
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Australia&#39;s commodity exports are expected to soar to a record 96 billion Australian dollars (US$67 billion) in the current financial year, a national forecaster said in a report Monday.
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Growth has slowed in the United States, but economies in Asia and Europe are surging and snatching up more and more American exports.
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Federal records suggest that China is not the only country that has problems with its exports.