All Trade Statistics of Foreign Trade – U.S. Census Bureau. Here is a list of the free trade agreements that include the United States. In parentheses, the abbreviation, if any, membership, unless indicated in advance, and the date of entry into force. Jordan Since the implementation of the U.S.-Jordan Free Trade Agreement in December 2001, trade with two retailers between the United States and Jordan has increased by more than 350%, from US$568 million in 2001 to more than $2 billion in 2016. USTR USA-Jordan FTA Page. The United States has begun negotiating bilateral and multilateral free trade agreements with the following countries and blocs: 14 U.S. free trade agreements are in force with 20 countries: Australia, Bahrain, Chile, Colombia, Israel, Jordan, Korea, Morocco, Oman, Panama, Peru, Singapore; DR-CAFTA (Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras and Nicaragua); AND NAFTA (Canada and Mexico). South Korea The Free Trade Agreement (KORUS-FTA) came into force on 15 March 2012. Korea is the sixth largest trading partner of the United States with a value of approximately $84.3 billion in 2016. U.S. exports to Korea were estimated at $30.7 billion, while Korean imports totalled $53.5 billion this year. USTR South Korea FTA Page” North American Free Trade Agreement (ALEFTA) NAFTA came into force on January 1, 1994.
NAFTA exports support more than three million U.S. jobs. In the first ten years of NAFTA, merchandise trade between the three countries more than doubled from some $293 billion in 1993 to nearly $627 billion in 2003. In 2016, merchandise trade between the United States and NAFTA`s two trading partners totaled nearly $800 billion. The U.S.-Bahrain Free Trade Agreement has increased export opportunities for U.S. companies since its implementation in August 2006. U.S. exports to Bahrain, which totaled $652.3 million in 2016, have been consistently higher since the free trade agreement came into force. Two-way trade reached EUR 1.2 billion in 2016, up 61% from 2005. USTR Bahrain FTA Page” Australia The U.S.-Australia Free Trade Agreement came into force on January 1, 2005.
Since then, the United States has maintained a trade surplus of $9.3 billion in 2016. In the same year, the United States exported $16.6 billion worth of goods and imported $7.3 billion in Australian products. The USTR Australia FTA Page Free Trade Agreement or free trade agreements have many advantages and can sometimes be complex to understand. Find out what a free trade agreement is. Which countries have agreements with which the United States has agreements? How can your business benefit? What is the impact of free trade agreements on my company`s imports and/or exports? Israel The free trade agreement between the United States and Israel, our country`s first free trade agreement, came into force on September 1, 1985.