U.S. Manufacturer Goods Exports More than Quadrupled since 1990
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U.S. Manufacturer Goods Exports More than Quadrupled since 1990 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 Billions
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U.S. Manufacturer Goods Exports More than Quadrupled since 1990. The World Market for U.S. Manufactured Goods Equaled More than $10 Trillion in 2013. US$ b illions. The United States Needs to Grow its Share of Exports. Source: World Trade Organization. - PowerPoint PPT Presentation
Transcript of U.S. Manufacturer Goods Exports More than Quadrupled since 1990
U.S. Manufacturer Goods Exports More than Quadrupledsince 1990
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013$0
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The World Market for U.S. Manufactured Goods Equaled More than $10 Trillion in 2013
US$ billions
Series1$0
$2,000
$4,000
$6,000
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Worldwide Imports of Manufactures (excluding the US)
The United States Needs to Grow its Share of Exports
Source: World Trade Organization
18%
10%
9%
5%
4%4%4%
3%
43%
Chart Title
ChinaGermanyUnited StatesJapanSouth KoreaFranceItalyNetherlandsOthers
Share of 2013 Worldwide Manufactured Goods Exports
Why Trade Agreements Matter:The United States Faces More Tariffs than Other Major Countries
Country “Tariffs Faced” Ranking(from least to most tariffs)
Chile 1
Mexico 28
Brazil 51
South Korea 55
China 58
India 59
Canada 72
Germany and all EU countries 73
Russia 115
United States 130Source: World Economic Forum, Global Enabling Trade Report (2014)
48%52%
Nearly Half of U.S. Manufactured Goods Exports Are Purchased by the United States’ 20 FTA
Partners
FTA Partners Rest of World
U.S. Free Trade Agreement (FTA) Partners
Australia Israel
Bahrain Jordan
Canada Korea
Chile Mexico
Colombia Morocco
Costa Rica Nicaragua
Dominican Republic Oman
El Salvador Panama
Guatemala Peru
Honduras Singapore
1990 2000 2010 2013$0
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2013 Composition of U.S. Manufactures Exports(billions)
TRANSPORTATION EQUIPMENT COMPUTER AND ELECTRONIC PRODUCTS CHEMICALS
MACHINERY, EXCEPT ELECTRICAL PETROLEUM & COAL PRODUCTS MISCELLANEOUS MANUFACTURED COMMODITIES
PRIMARY METAL MFG FOOD MANUFACTURES ELECTRICAL EQUIPMENT & APPLIANCES
FABRICATED METAL PRODUCTS PLASTICS & RUBBER PRODUCTS PAPER
NONMETALLIC MINERAL PRODUCTS TEXTILES & FABRICS BEVERAGES & TOBACCO PRODUCTS
WOOD PRODUCTS PRINTED MATTER AND RELATED PRODUCTS FURNITURE & FIXTURES
APPAREL MANUFACTURING PRODUCTS LEATHER & ALLIED PRODUCTS TEXTILE MILLS PRODUCTS
Source: Commerce Department
