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May
17, 2011
- The Office of
Travel and Tourism Industries recently published its annual United
States Travel and Tourism
Exports, Imports, and the Balance of Trade report for 2010. Put
simply, U.S. travel and tourism-related exports rebounded in 2010,
following
the precipitous drop in 2009 that resulted in a record-setting
year-over-year
decline of $21.0 billion (15%).
- International
visitors spent $134.4 billion experiencing the United States in 2010,
averaging nearly $1.2 billion more a month than was spent in 2009.
- Americans
increased their travel-related spending abroad, too. In 2010 Americans
spent $102.7 billion abroad, nearly 4 percent more than was spent in
2009.
- The United
States enjoyed a $31.7 billion trade surplus for travel and tourism
last year, 50 percent more favorable than the $21.1 billion surplus in
2009 and the largest trade surplus on record.
- U.S. travel
and tourism-related exports accounted for 25 percent of all U.S.
services exports and 7 percent of all exports, goods and services
alike.
- Travel and
tourism exports to the Asia/Pacific region increased nearly 18 percent,
the largest increase of any world region; indeed, international
visitors from China, Singapore, and South Korea increased their
tourism-related spending by 39 percent, 31 percent, and 30 percent,
respectively.
- Six of the
top ten markets for U.S. travel and tourism-related exports posted
double-digit gains in 2010; of the twenty-one preliminary countries
reported, twelve countries produced double-digit gains and six
countries generated record-level spending in 2010.
- In fact
every single country and region reported gains in total travel and
tourism-related spending in the United States in 2010, except France
and Belgium/Luxembourg. U.S. travel and tourism-related exports to
visitors from France declined 1 percent in 2010, while exports to
travelers from Belgium/Luxembourg declined 5 percent last year.
To view the United States Travel and
Tourism Exports, Imports, and the Balance of Trade: 2010 report
in its entirety, please visit:
<http://tinet.ita.doc.gov/outreachpages/download_data_table/2010_International_Visitor_Spending.pdf
>.
The Office of
Travel and Tourism also released its Top 10 International Markets:
Visitation and Spending
report for 2009. To view this report, please visit: <http://tinet.ita.doc.gov/pdf/2010-Top-10-Markets.pdf
>.
The U.S.
Office of Travel and Tourism Industries (OTTI) is responsible for
collecting,
analyzing, and disseminating international travel and tourism
statistics for
the U.S. Travel and Tourism Statistical System.
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