u.s. gdp and trade nominal $$ billions

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U.S. GDP and Trade Nominal $$ billions. www.bea.gov. Top U.S. Trade Partners Total Trade: Exports Plus Imports Rank by Exports( US $--billions). http://www.census.gov/foreign-trade/balance. Trade with Canada, 2010 in billions of dollars. tse.export.gov. - PowerPoint PPT Presentation

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Page 1: U.S. GDP and Trade  Nominal $$ billions
Page 2: U.S. GDP and Trade  Nominal $$ billions

Year GDP Total Exports

Total Imports

1995 7,415 794 891

2000 9,952 1,073 1,450

2005 12,623 1,287 1,996

2006 13,377 1,459 2,213

2007 14,028 1,655 2,351

2008 14,291 1,843 2,541

2009 13,939 1,575 1,956

2010 14,526 1,837 2,337

U.S. GDP and Trade Nominal $$ billions

www.bea.gov

Page 3: U.S. GDP and Trade  Nominal $$ billions
Page 4: U.S. GDP and Trade  Nominal $$ billions
Page 5: U.S. GDP and Trade  Nominal $$ billions
Page 6: U.S. GDP and Trade  Nominal $$ billions

 

2000 2001 2002 2003 2004 2005 2006

2007 2008 2009 2010

Canada 410 381 371 394 445 499 533 566 600 431 527

Mexico 247 233 232 236 267 290 332 347 367 306 393

China 116 122 147 181 231 285 343 384 408 366 457

Japan 211 184 173 170 184 193 207 206 204 147 181

Germany 88 89 89 97 109 119 130 143 152 114 130

UK 85 82 74 77 82 90 98 107 172 93 98

S Korea 65 51 51 49 56 57 78 82 33 68 88

France 50 50 47 46 53 56 61 68 73 60 65

Top U.S. Trade PartnersTotal Trade: Exports Plus ImportsRank by Exports( US $--billions)

http://www.census.gov/foreign-trade/balance

Page 7: U.S. GDP and Trade  Nominal $$ billions

Trade with Canada, 2010in billions of dollars

1-Digit SITC Commodity Exports Imports0 Food and Live Animals 17.5 15.7

1 Beverages and Tobacco 1.2 0.8

2 Crude Materials, Inedible, except Fuels 6.9 10.5

3 Mineral Fuels, Lubricants and Related Materials 12.9 83.9

4 Animal and Vegetable Oils, Fats and Waxes 0.6 1.2

5 Chemicals and Related Products, N.E.S. 28.9 24.2

6 Manufactured Goods Classified Chiefly by Material 34.5 37.2

7 Machinery and Transport Equipment 111.7 75.9

8 Miscellaneous Manufactured Articles 27.3 12.6

9 Commodities and Transactions, N.E.S. 7.2 15.4

 

* TOTAL * 249.1 277.6tse.export.gov

Page 8: U.S. GDP and Trade  Nominal $$ billions

Trade with Mexico, 2010in billions of dollars1-Digit SITC Commodity Exports Imports

0 Food and Live Animals 10.5 11.7

1 Beverages and Tobacco 0.4 2.6

2 Crude Materials, Inedible, except Fuels 5.7 1.4

3 Mineral Fuels, Lubricants and Related Materials 14.1 33.5

4 Animal and Vegetable Oils, Fats and Waxes 0.8 .05

5 Chemicals and Related Products, N.E.S. 20.0 4.0

6 Manufactured Goods Classified Chiefly by Material 21.3 14.8

7 Machinery and Transport Equipment 73.3 128.0

8 Miscellaneous Manufactured Articles 12.8 22.3

9 Commodities and Transactions, N.E.S. 5.3 11.0

 

* TOTAL * 163.4 229.9

tse.export.gov

Page 9: U.S. GDP and Trade  Nominal $$ billions

Trade with China, 2010in billions of dollars

1-Digit SITC Commodity Exports Imports

0 Food and Live Animals 3.2 4.8

1 Beverages and Tobacco 0.2 .04

2 Crude Materials, Inedible, except Fuels 27.4 1.5

3 Mineral Fuels, Lubricants and Related Materials 1.3 .5

4 Animal and Vegetable Oils, Fats and Waxes .4 .04

5 Chemicals and Related Products, N.E.S. 12.6 10.7

6 Manufactured Goods Classified Chiefly by Material 5.0 37.6

7 Machinery and Transport Equipment 33.8 180.4

8 Miscellaneous Manufactured Articles 6.3 125.1

9 Commodities and Transactions, N.E.S. 1.3 3.9

 

* TOTAL * 91.8 364.9

tse.export.gov

Page 10: U.S. GDP and Trade  Nominal $$ billions

Imports of Goods by Principal End-Use Category 2010

Industrial Supplies37%

Capital Goods22%

Automotive Vehicles etc.11%

Consumer Goods23%

Other Goods3%

Foods, Feeds, Beverages

4%

Page 11: U.S. GDP and Trade  Nominal $$ billions

Exports of Goods by Principal End-Use Category 2010

Foods, Feeds, Beverages

8%

Capital Goods36%

Automotive Vehicles etc.9%

Consumer Goods13%

Other Goods4%

Industrial Supplies30%

Page 12: U.S. GDP and Trade  Nominal $$ billions

U.S. Services Imports 2010

Royalties and License Fees7%

Other Transportation14%

Passenger Fares8%

Other Private Services44%

Direct Defense Expenditures

7% Travel20%

Page 13: U.S. GDP and Trade  Nominal $$ billions

U.S. Services Exports 2010

Other Private Services43%

Royalties and License Fees19%

Other Transportation8%

Passenger Fares6%

Travel21%

Transfers Under U.S. Military Sales Contracts

3%

Page 14: U.S. GDP and Trade  Nominal $$ billions

U.S. Balance of Payments 2008($ billions)

Current Account -706.0

Merchandise trade balance -695.9Goods & Services exports 1,826.6Goods & Services imports -2,522.5

Net Transfers -128.3Net Income Payments 118.2

Capital Account +706.0

Increase in U.S. holdings of foreign assets -106Increase in Foreign holdings of U.S. assets 505,166

Statistical Discrepancy +200

http:bea.gov

Page 15: U.S. GDP and Trade  Nominal $$ billions

Sources of U.S. Imports 2010

J apan, 6.2%

China, 18.9% Other Europe, 3.2%

EU, 16.6%

Mexico, 12%

South/Central America, 6.8%

Other Pacific Rim, 8.70%

Africa, 3%OPEC, 7.9%

All Others, 4.4% Canada, 14.5%

Page 16: U.S. GDP and Trade  Nominal $$ billions

Destination of U.S. Exports 2010

Canada, 19.70%

Mexico, 13%

EU, 18.70%Other Europe, 3.40%

China, 6.80%

South/Central America, 10.80%

Other Pacific Rim, 18.60%

Africa, 2.10%OPEC, 4.20%

All Others, 4.30%

Page 17: U.S. GDP and Trade  Nominal $$ billions

U. S. Goods Trade Balance With Other Nations, 2010($US - billions)

Country Exports Imports Trade Balance

Canada 249 278 -29

Mexico 164 230 -66

China 92 365 -273

Japan 60 120 -60

Germany 48 82 -34

EU 239 319 -80

Taiwan 26 36 -10

Korea 38 48 -10

France 27 38 -11http://www.census.gov/foreign-trade/balance/

Page 18: U.S. GDP and Trade  Nominal $$ billions

U.S. Balance of Payments 2010($ millions)

Current Account -470,898Goods & Services exports 1,837,577

Goods 1,288,697; Services 548,878Goods & Services imports -2,337,604

Goods -1,934,555; Services -403,048 Net Transfers -136,095 Net Income Payments 165,224

Capital Account +470,898

U.S. Owned Assets Abroad -1,005,182 Foreign Owned Assets in the U.S. 1,245,736 Capital Transactions -15 Statistical Discrepancy +216,761

http:bea.gov

Page 19: U.S. GDP and Trade  Nominal $$ billions

Destinations of U.S. Foreign Direct Investment

2010 (percent)

Sources of Foreign Direct Investment in the United States

2010 (percent)

United Kingdom 13 United Kingdom 19

Canada 7 Japan 11

Netherlands 14 Netherlands 10

Japan 3 Germany 9

Germany 4 France 8

Australia 3 Canada 10

Switzerland 4 Switzerland 7

Bermuda 5 Luxembourg 6

France 2

 http://bea.gov

Page 20: U.S. GDP and Trade  Nominal $$ billions

Statistical Comparison of NAFTA Countries, 1997(In current U.S. $$)

Population(millions)

GDP(billions U.S.$)

GDPper capita

Exports(billions $)

Imports(billions $)

Canada 29.9 637.5 21,260 250.6 238.5

Mexico 95.4 401.4 4,207 121.6 122.4

U.S. 272.6 8,265.0 30,282 934.8 1,042.7

Statistical Comparison of NAFTA Countries, 2010(In current U.S. $$)

Population(millions)

GDP(billions U.S.$)

GDPper capita

Exports(billions $)

Imports(billion $)

Canada 34.1 1,577.0 46,236 462.3 493.1

Mexico 113.4 1,034.8 9,123 313.7 327.0

U.S. 309 14,586.7 47,199 1,837.5 2,337.6

http://web.worldbank.org

Page 21: U.S. GDP and Trade  Nominal $$ billions

Hourly Compensation Costs for Workersin Manufacturing, Selected Countries, 2010 (current dollars)

Labor Costs (in $ U.S.)

United States 34.74Canada 35.67France 37.68Germany 43.76 Italy 33.41Japan 31.49United Kingdom 29.44

Korea 16.62 Mexico 6.23

Singapore 19.10Philippines 1.90

vwww.bls.gov