Yes, I can pick up on that. Before getting into the reasons for the underperformance relative to what we expected, it's worth underlining that the biggest reason exports have been weak is that the U.S. economy, our major export market, has had the deepest recession and the slowest recovery since the Great Depression. That by itself sets a weak track for export recovery.
It has, as you mentioned, been even a little weaker than we had expected. If you look at our report, we break down the components of exports a little bit. What you can see is that we have had relatively strong—in fact quite strong—exports in our particular energy complex, oil in particular. Oil has been gaining a share of our exports and has gone in the last decade from about 10% to 20% of our exports.
Where we've had weak performance is in our non-commodity exports, and they represent about half our exports. You can see in chart 14 in our Monetary Policy Report that since about the end of 2011 and the start of 2012, our non-commodity exports have not grown. They have not grown in line with—