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U.S. Trade Deficit in Manufactures Up 16% in the 3 rd Quarter Chinese Surplus Flat Presented by: Ernest H. Preeg, Ph.D. Senior Advisor for International.

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Presentation on theme: "U.S. Trade Deficit in Manufactures Up 16% in the 3 rd Quarter Chinese Surplus Flat Presented by: Ernest H. Preeg, Ph.D. Senior Advisor for International."— Presentation transcript:

1 U.S. Trade Deficit in Manufactures Up 16% in the 3 rd Quarter Chinese Surplus Flat Presented by: Ernest H. Preeg, Ph.D. Senior Advisor for International Trade and Finance epreeg@mapi.net

2 $billions Percent Change From 2014 3 rd Quarter 20143 rd Quarter 2015 United States Exports300285-5 Imports453462+2 Trade Deficit-153-177+16 China Exports607570-6 Imports330291-12 Trade Surplus+277+280+1 Table 1 – U.S. and Chinese Global Trade in Manufactures 3 rd Quarter 2014/2015* *SITC 5-8 Source(s): U.S. Census, FT-900, and China’s Customs Statistics (Monthly Exports and Imports)

3 $billions Percent Change From 2014 3 Quarters 20143 Quarters 2015 United States Exports887865-2 Imports1,2931,343+4 Trade Deficit-406-478+18 China Exports1,6141,588-2 Imports911826-9 Trade Surplus+703+762+8 Table 2 – U.S. and Chinese Global Trade in Manufactures First Three Quarters 2014/2015 Source(s): U.S. Census, FT-900, and China’s Customs Statistics (Monthly Exports and Imports)

4 $billions ExportsImportsBalance Japan3494-60 Singapore1811+7 Australia174+13 Malaysia824-16 Vietnam326-23 New Zealand21+1 Brunei21+1 7 Asian Countries84161-77 Canada165127+38 Mexico140182-42 Chile83+5 Peru41+3 4 Western Hemisphere Countries317313+4 Total 11401474-73 World8651,352-487 Table 3 – U.S. Trade in Manufactures With TPP Participants, January-September 2015 Source(s): U.S. Census, FT-900


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