The FINANCIAL -- The United States exported $178.8 billion in goods and services in December 2011, an increase of $1 billion over November 2011, according to data released today by the Bureau of Economic Analysis of the U.S. Commerce Department.

Exports of goods and services over the last twelve months totaled $2.103 trillion, which is 33.53 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 15.6 percent when compared to 2009, a pace greater than the 15 percent required to double exports by the end of 2014.

According to Ex-Im Bank, over the last twelve months, the major export markets with the largest annualized increase in U.S. goods purchases were Turkey (43.6 percent), Panama (38.6 percent), Honduras (35.0 percent), Argentina (33.2 percent), Hong Kong (31.7 percent), Chile (30.3 percent), Peru (30.0 percent), Brazil (28.3 percent), South Africa (28.0 percent), and Guatemala (26.6 percent).

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