International Visitors to the US spent 12.6 Billion in May 2022 Data recently released by the National Travel and Tourism Office NTTO show that in May 2022, International visitors spent 12.6 billion on travel to and tourism-related activities within the United States, an increase of nearly 105 percent compared to May 2021.
Americans spent 12.4 billion travelling abroad, yielding a balance of trade surplus of 245 million for the month, the seventh consecutive month during which the United States enjoyed a balance of trade surplus for travel and tourism. Year to date January through May 2022, international visitors have spent 55.5 billion on U.S.travel and tourism-related goods and services, up nearly 107 when compared to the same period last year, injecting, on average, 367.5 million a day into the U.S.economy.
Year to date January through May 2022, while other U.S.exports of goods and services were 20 compared to the first five months of pre-pandemic 2019, travel exports were -45%. Composition of Monthly Spending Travel Exports Travel Receipts Purchases of travel and tourism-related goods and services by international visitors travelling in the United States totalled 6.7 billion in May 2022 compared to 2.1 billion in May 2021, an increase of 223 percent when compared to the previous year.
From a pre-pandemic perspective, travel receipts totalled 12.1 billion in May 2019. These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to international travel. Travel receipts accounted for 53 percent of total U.S.travel and tourism exports in May 2022. Passenger Fare Receipts Fares received by U.S.carriers from international visitors totalled nearly 2.0 billion in May 2022 compared to 898 million in May 2021, an increase of 122 percent when compared to the previous year.
From a pre-pandemic perspective, the United States exported more than 3.3 billion in passenger air transportation services in May 2019. These receipts are expenditures by foreign residents on international flights of U.S.air carriers.
Written by: Matthew Thomas
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