ROANOKE TIMES 

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: MONDAY, April 2, 1990                   TAG: 9004020269
SECTION: NATIONAL/INTERNATIONAL                    PAGE: A8   EDITION: EVENING 
SOURCE: 
DATELINE: WASHINGTON                                LENGTH: Short

U.S. BACK ON TOP AS NO. 1 EXPORTER

The United States regained its position as the world's leading exporter last year, three years after losing it to West Germany, the International Monetary Fund says.

U.S. foreign sales were worth $364 billion for 1989, compared with $341.4 billion for West Germany, the IMF said Sunday. Japan was third with $273.9 billion.

Both West Germany and Japan had trade surpluses last year, while the United States had a deficit of $128.9 billion, down from $137.1 billion, according to the IMF's trade calculations.

The deficit is due to the fact that the United States also is the world's greatest importer.

-Associated Press 


 by CNB