International Travel to U.S. Finally Returns to Pre-9/11 Levels
February 8, 2017 12:13pm
International travel's share of U.S. exports rises to $247 billion, the highest level since 2000, according to new Commerce Department data
WASHINGTON (February 8, 2017)—International travel's share of total U.S. exports reached 11.2 percent in 2016, according to U.S. Travel Association analysis of the latest Department of Commerce data.
This is the sector's highest share since 2000, just before fallout from the September 11, 2001 attacks caused U.S. market share to plummet versus other global destinations.
Travel exports edged up 0.4 percent in 2016 to a record $247 billion. By comparison, overall U.S. exports declined by 2.3 percent last year. International travel also generated an $88 billion trade surplus in 2016.
U.S. Travel researchers noted that without the travel surplus, the overall 2016 U.S. trade deficit of $502 billion would have been 18 percent larger.
"The U.S. lost a significant amount of ground in the international travel marketplace in the years after 9/11, which our industry has come to call 'the Lost Decade,'" said U.S. Travel Association President and CEO Roger Dow. "But a decade and a half of sound policymaking from administrations and Congresses controlled by both political parties has enabled America to rebound. The success of the Visa Waiver Program, the creation of the Brand USA marketing organization, and our Open Skies aviation agreements with other countries are the policies that come to mind as the foremost contributors to this comeback.
"International visitors create jobs in every state and every congressional district. Our lawmakers can and must capitalize on this economic momentum by focusing on policies that increase secure, legitimate international travel and provide an efficient entry experience."
The U.S. is the single largest destination for global long-haul travel, and the second-largest destination for overall global travel. International travel spending directly supported upwards of 1.1 million American jobs in 2015. A large part of this spending comes from overseas visitors—travelers from beyond Canada and Mexico—who spend an average of $4,300 per U.S. trip.
Learn more about international travel to the U.S. here.
Tags: us travel,
u.s. travel association,
The U.S. Travel Association is the national, non-profit organization representing all components of the travel industry that generates $2.1 trillion in economic output and supports 15.1 million jobs. U.S. Travel's mission is to increase travel to and within the United States.
Contact: Cathy Keefe Reynolds
Contact: Jamie Morris
U.S. Citizen International Travel Increased 13 Percent in November 2017
Visit U.S. Coalition Launches Amid Drop in U.S. Share of Global Travel
U.S. Citizen International Travel Up Nine Percent in September 2017, 10 Percent YTD
U.S. Travel to International Destinations Increased Eight Percent in 2016
U.S. Travel Association President and CEO Roger Dow Says Addressing Falling Inbound Travel Needs to Become a National Priority
Marriott's Sorenson, STR's Smith Inducted into U.S. Travel Hall of Leaders
Travel Trends Index: Domestic Leisure Travel Withstands Harvey and Irma
Travel Trends Index: Slight Uptick Across All Travel Segments
U.S. Travel Statement on New Travel Restrictions
What 2017 Fall Trends Tell US Hoteliers About Traveler Behavior
Portions of Travel Trends Index Revised Sharply Downward on New Data
U.S. Travel Association Presents Florida Governor Rick Scott with Distinguished Leadership Award for Commitment to Travel and Tourism
Louisiana's Kyle Edmiston Wins 2017 State Tourism Director of the Year
Workers Who Start in Travel and Tourism Achieve Higher Peak Salary Than Most Industries
Marriott's Arne Sorenson and STR's Randy Smith to Be Inducted into U.S. Travel Hall of Leaders
Travel Trends Index: Int'l Travel to U.S. Continues Strong Showing Post-Executive Order
U.S. Travel Trends Index: International Travel Post-Executive Order Stronger Than Expected
U.S. Travel Industry Rallies Behind Brand USA
U.S. Travel Reacts to Proposed Elimination of Brand USA in Trump Budget
International Visitors Injected $21 Billion Into the U.S. Economy in March
Please login or register to post a comment.