U.S. INTERNATIONAL TRAVEL AND TOURISM BALANCE OF TRADE
|
| RECEIPTS/EXPORTS | |||||||||||
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004pr |
2005p |
2006p |
2007p |
2008p |
|
| TOTAL ($Mil) | $91,423 | $94,586 | $103,087 | $89,819 | $83,774 | $80,202 | $93,707 | $101,869 | $109,784 | $117,733 | $126,362 |
| % Change | -3% | 3% | 9% | -13% | -7% | -4% | 17% | 9% | 8% | 7% | 7% |
| TRAVEL | |||||||||||
| ($Mil) | $71,325 | $74,801 | $82,400 | $71,893 | $66,728 | $64,509 | $74,768 | $81,936 | $88,303 | $94,696 | $101,637 |
| % Change | -3% | 5% | 10% | -13% | -7% | -3% | 16% | 10% | 8% | 7% | 7% |
| PASSENGER | |||||||||||
| FARES ($Mil) | $20,098 | $19,785 | $20,687 | $17,926 | $17,046 | $15,693 | $18,939 | $19,933 | $21,481 | $23,037 | $24,725 |
| % Change | -4% | -2% | 5% | -13% | -5% | -8% | 21% | 5% | 8% | 7% | 7% |
| PAYMENTS/IMPORTS | |||||||||||
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004pr |
2005p |
2006p |
2007p |
2008p |
|
| TOTAL ($Mil) | $76,454 | $80,278 | $88,979 | $82,833 | $78,013 | $77,570 | $87,900 | ||||
| % Change | 9% | 5% | 11% | -7% | -6% | -1% | 13% | n.a. | n.a. | n.a. | n.a. |
| TRAVEL | |||||||||||
| ($Mil) | $56,483 | $58,963 | $64,705 | $60,200 | $58,044 | $56,613 | $64,590 | n.a. | n.a. | n.a. | n.a. |
| % Change | 9% | 4% | 10% | -7% | -4% | -2% | 14% | n.a. | n.a. | n.a. | n.a. |
| PASSENGER | |||||||||||
| FARES ($Mil) | $19,971 | $21,315 | $24,274 | $22,633 | $19,969 | $20,957 | $23,310 | n.a. | n.a. | n.a. | n.a. |
| % Change | 10% | 7% | 14% | -7% | -12% | 5% | 11% | n.a. | n.a. | n.a. | n.a. |
| TRAVEL TRADE BALANCE (SURPLUS/DEFICIT) | |||||||||||
| BALANCE ($Mil) | $14,969 | $14,308 | $14,108 | $6,986 | $5,761 | $2,632 | $5,807 | n.a. | n.a. | n.a. | n.a. |
| % Change | -38% | -4% | -1% | -50% | -18% | -54% | 121% | n.a. | n.a. | n.a. | n.a. |
|
Travel Receipts/Exports = Spending by international visitors within the U.S. on travel-related expenses, i.e., lodging, food, entertainment, etc. Passenger Fares Receipts/Exports = Spending by international visitors traveling to the U.S. on U.S. flag carriers, and other transportation while within the U.S. Travel Payments/Imports = Spending by U.S. citizens outside the U.S. on travel-related expenses, i.e., lodging, food, entertainment, etc. Passenger Fares Payments/Imports = Spending by U.S. citizens traveling outside the U.S. on foreign flag carriers, and other transportation while outside the U.S. pr = preliminary estimates, subject to revisions p = projections based upon OTTI/Global Insight Inbound & Outbound Forecasts Source: U.S. Department of Commerce, International Trade Administration, Office of Travel and Tourism Industries & Bureau of Economic Analysis, May 2005 |