Does the US import more than the US exports. Any web site that explain this?

Answer 1

Sure it is called the trade deficit.

Balance of trade figures, also called net exports (NX), are the sum of the money gained by a given economy by selling exports, minus the cost of buying imports. They form part of the balance of payments, which also includes other transactions such as the international investment position.

The figures are usually split into visible and invisible balance figures. The visible balance represents the physical goods, and invisible represents other forms of trade, e.g. the service economy.

A positive balance of trade is known as a trade surplus and consists of exporting more (in financial capital terms) than one imports. A negative balance of trade is known as a trade deficit or, informally, as a trade gap, and consists of importing more than one exports. Neither is necessarily dangerous in modern economies, although large trade surpluses or trade deficits may sometimes be a sign of other economic problems.

===========

The current figures

===========
U.S. International Trade in Goods and Services Highlights

July 12, 2006
Goods and Services Deficit Increases in May 2006

The Nation’s international deficit in goods and services increased to $63.8 billion in May from $63.3 billion (revised) in April, as imports increased more than exports.

Answer 2

Yes, the US imports MUCH more than it exports. This difference is called a trade deficit on the current account.

Answer 3

yes the us imports more than it exports its called the trade deficit and its reported in all the financial websites and newspapers

Answer 4

Yes the US has gotten to where it does Import more than it exports, because it is cheaper to do so and we are lazy...

Answer 5

yes its true
look at the department of commerce web site