• ACP trade deficit reverses - A 10-year trend of ACP trade deficits was reversed beginning with 2008, when the United States began posting trade surpluses in ACP commodities. In 2011, the United States exported $10.4 billion more ACP commodities than it imported. Prior to 2008, however, the United States ran trade deficits in this sector, a trend that largely reflected the ACP commodities most often traded -- jewelry and silverware (50 percent of ACP imports) and motion picture and video goods and services (36 percent of ACP exports). During the 2007-2009 recession and its aftermath, imports of jewelry and silverware waned, while exports of movies, TV shows, etc., remained comparatively strong, despite the weak worldwide economy at that time