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U.S. Trade Deficit in Manufactures Up $89 Billion in 2015 U.S. Trade Deficit in Manufactures Up $89 Billion in 2015

U.S. Trade Deficit in Manufactures Up $89 Billion in 2015 - PowerPoint Presentation

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U.S. Trade Deficit in Manufactures Up $89 Billion in 2015 - PPT Presentation

PA166 Presented by Ernest H Preeg PhD Senior Advisor for International Trade and Finance epreegmapinet b illions Percent Change From 2014 2014 2015 United States Exports 1189 ID: 738734

exports trade table manufactures trade exports manufactures table census bureau 900 machinery imports 2015 sitc 799 balance global monthly

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Slide1

U.S. Trade Deficit in Manufactures Up $89 Billion in 2015PA-166

Presented

by:

Ernest H. Preeg, Ph.D.

Senior Advisor for International Trade and Finance

epreeg@mapi.netSlide2

$b

illions

Percent ChangeFrom 201420142015United StatesExports1,1891,149-3Imports1,7501,799+3Trade Deficit-561-650-16ChinaExports2,2282,169-3Imports1,2301,123-9Trade Surplus+998+1,046+5

Table 1 – U.S. and Chinese Global Trade in Manufactures*

*

SITC

5-8

Source(s): U.S.

Census Bureau,

FT-900

, and

China’s Customs Statistics (Monthly Exports and Imports)Slide3

Exports

Trade Balance

U.S.ChinaU.S.ChinaMedical and pharmaceutical products5314-36-6Power generating machinery and equipment4136-26+15Machinery specialized for particular industries4938-4+3General industrial machinery and equipment75101-18+55Office and data processing equipment47190-70+140Telecommunications and sound recording53296-106+224

Electrical machinery and appliances113287-51-62Road vehicles12369-152

0

Other transport equipment13837+98+8Professional and scientific instruments6059+8-2710-industry total7521,127-357+350

*SITC 54, 71-72, 74-79, 87Source(s): U.S. Census Bureau, FT-900, and China’s Customs Statistics (Monthly Exports and Imports)

Table 2 – U.S. and Chinese Trade in High-Technology Industries, 2015 ($billions)*Slide4

Exports

Imports

Balance% of Global DeficitWorld 1,1491,799-650China82469-38760%Japan45126-8112%South Korea3364-315%India1538-234%Malaysia1132-213%Vietnam434-305%Six Asians190763-57388%Three TPP60192-13220%Germany44117-7311%France26

38-122%Italy1338-254%Three eurozone83193-110

17%

United Kingdom4446-2<1%Canada218170+48__Mexico187246-599%NAFTA405416-112%

Table 3 – U.S. Bilateral Trade Balances in Manufactures, 2015 ($billions)

Source(s): U.S.

Census Bureau,

FT-900