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US Expects Travel Increase Over Next 5 Years

12 December 2012 | News

US Expects Travel Increase Over Next 5 Years

One of the world’s most desired places to travel is our very own United States. Being the wealthiest and most advanced country in the world, international travelers come to see the beautiful land of the free. From the latest findings, these number of travelers to the US is about to increase in the years to come.

The US Department of Commerce has reported that we can expect a 3.6% to 4.3% annual growth in foreign travel of the next five years. In 2012, 66 million international travelers are projected to visit the US, which is a 6% increase from 62.7 million in 2011.

This will mean a number of positive results for the US. With a slow-paced economy, an increase in the travel sector will aid business growth. Many small businesses look for travelers to shop with them. In the report, the Commerce Department of International Trade Administration stated there were $153 billion in receipts and $43 billion in trade surplus last year. “Last year, our nation hosted a record-breaking number of international vistors, and the future looks even brighter,” said Francisco Sanchez, Under Secretary of Commerce for International Trade.

The North American region will account for the largest portion of the total visitor growth at 18 million visitors, which is 42%. Other notables will be Asia at 26% and South America at 13%. The largest number of vistors are projected to come from Canada at 29% of total growth. China will consist of 16%, Mexico at 13%, Brazil at 7%, United Kingdom and Japan at 4%.

The percentages increase will vary from different countries all over the world. China is predicted to have the largest predicted growth at 259%. Other high numbers will come from Brazil at 83% and Argentina at 67%. The South American numbers are should not be a surprise, seeing their economy is currently experiencing steady growth. It appears that with these high figures, American travel into these countries will likely increase as well.

Whether you are traveling into the US or one the other beautiful countries in the world, you will need a passport or visa. Washington Express Visas specializes in expedited passport services, expedited visa services and document processing. We are Washington DC metro area’s fastest visa services, passport processing, document legalization, and translations specialists. Washington Express Visas has been in business for 30 years and is the Washington DC metro area’s largest courier. We also provide all cash and other fees up front so there are no delays. Visit us at www.washingtonexpressvisas.com or Call us at 1-877-675-5571 today!

Reference: 12.3.12, US Embassy IIP Digital, Foreign Visitors To U.S. Expected To Increase Over Next 5 Years