In 1933, U.S. exports totaled $1.67 billion (recovering from Depression lows), while 1938 exports reached $3.09 billion. Throughout this period, the United Kingdom, Canada, Japan, and Germany were the largest destination markets. U.S. export values were depressed early in the decade due to Smoot-Hawley retaliation, but rebounded after the 1934 Reciprocal Trade Agreements Act.The Bureau of Foreign and Domestic Commerce tracked historical export destinations. Country-specific values (in millions of U.S. dollars) for these years included the following approximate totals:1. Top U.S. Export Markets (1933)United Kingdom: ~$390 millionCanada: ~$210 millionJapan: ~$140 millionGermany: ~$145 millionFrance: ~$110 millionArgentina: ~$30 million2. Top U.S. Export Markets (1938)United Kingdom: ~$533 millionCanada: ~$467 millionJapan: ~$239 millionFrance: ~$132 millionGermany: ~$102 millionArgentina: ~$87 million