wis_pmab_us trade 09 2007
TRANSCRIPT
Copyright 2007 Global Insight, Inc.
Successfully Navigating the Global Market Place:Successfully Navigating the Global Market Place:
“Effectively Identifying Market Opportunities”
Mark Killion, CFA
Managing DirectorWorld Industry Service
Global Insight
September, 2007
1Copyright 2007 Global Insight, Inc.
Agenda
� Use Globally Harmonized Industry Benchmarks To Illuminate Market Sizing
� World Industry Service (WIS)
� Rank and Compare Industry Sales and Growth
� Profile of Exports and Trade
� Impacts on Industries from Trade
For More Information see: www.Globalinsight.com/WIS
2Copyright 2007 Global Insight, Inc.
WIS World (72 Economies)[Share in World Output - Nominal US$]
� Asia Pacific (17) [26%]
� NAFTA (3) [34%]
� Latin America (13) [4%]
� Europe (25) [33%]
� West Europe (17) [29%]
� East Europe & CIS (8) [4%]
� Middle East & Africa (14) [ 3%]
WIS Includes Industry Benchmarks for 72 Countries
Note: Number of member Countries in ( )
Country & Regional Shares in [ ]
Asia Pacific (17 Economies)[Share in Asia Pacific]
� OECD Asia [56%] – Japan, S. Korea,
Australia, New Zealand
� Greater China [27%] – China, Hong
Kong, Taiwan
� ASEAN 6 [8%] – Indonesia, Malaysia,
Philippines, Singapore, Thailand, VietNam
� South Asia [9%] – India, Pakistan, Sri
Lanka, Bangladesh
BRICS – Brazil, Russia, India, China, South Africa [12%]
3Copyright 2007 Global Insight, Inc.
Product Sectors
1. Agriculture – Farm, Forest & Fishing
2. Mining – Energy, Metals & Minerals
3. Manufacturing – Food, Beverages, Textiles,
Wood, Paper, Chemicals, Pharmaceuticals, Metals, Minerals, Industrial Machinery, Computers, Electronics, Autos, Shipping, Aircraft, Railroad, Scientific, Medical
4. Utilities – Power and Water
5. Construction – Commercial and Residential
Services Sectors6. Wholesale, Retail, Restaurants, Hotels
7. Transportation, Storage, Communications
8. Finance, Insurance, Leasing, Real Estate, Computer Services, R&D, Business Services
9. Public Administration, Defense, Health Care, Education, Recreation
WIS Includes 71 Industries, Grouped into 9 “ISIC” Categories
Finance
24%
Retail,
Wholesale
14%Mining
4%
Manufact-
uring
19%
Social &
Personel
Services
20%
Transport,
Storage,
Commun-
ication
Services
7%
Agriculture
3%
Construct-
ion
6%
Utility
3%
Sector Shares of World GDP(US$45 Trillion)
4Copyright 2007 Global Insight, Inc.
Global Output (Value Added) of Goods & Services
Service Sector Output Dominates Global Economy
Global Output of Goods and Service Sectors
OECD -
Services
60%
OECD - Goods
18%
Emerg. Mkts -
Goods
10%
Emerg. Mkts -
Services
12%
5Copyright 2007 Global Insight, Inc.
Exports Are Typically More Volatile than Overall GDP(Percent Growth Rates)
US and World Growth is Shaped By Trade Patterns
Growth in Exports and GDP, United States
-7%
-2%
3%
8%
13%
18%
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Annual Growth
Real GDP Real Exports Nominal Exports ($)
Growth in Exports and GDP, World
-7%
-2%
3%
8%
13%
18%
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Annual Gro
wth
Real GDP Real Exports Nominal Exports ($)
6Copyright 2007 Global Insight, Inc.
Annual Percent Growth of Sector Real Value Added
-7
-5
-3
-1
1
3
5
7
9
11
13
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
Annual Gro
wth (%)
Construction & Util. Manufacturing Services
Sector Composition of Macro Economic Growth
WorldUnited States
-7
-5
-3
-1
1
3
5
7
9
11
13
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
Annual Gro
wth (%)
Construction & Util. Manufacturing Services
7Copyright 2007 Global Insight, Inc.
-15
-5
5
15
25
35
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Electrical Machinery
Computers & Electronics
Aircraft
“Higher” Tech “Lower” Tech
Outlook for Key Manufacturing Sectors in the U.S.(% Growth in Inflation Adjusted Sector Sales)
Source: GII World Industry ServiceSource: GII World Industry Service
-15
-5
5
15
25
35
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Basic Industrial Chemicals
Nonelectrical Machinery
Food, Beverages & Tobacco
8Copyright 2007 Global Insight, Inc.
-5
0
5
10
15
20
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Wholesale & Retail
Communications
Transport & Storage
Transport, Trade and Communications Financial and Business Services
Outlook for Key Services Sectors in the U.S.(% Growth in Inflation Adjusted Sector Sales)
Source: GII World Industry ServiceSource: GII World Industry Service
-5
0
5
10
15
20
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Computer Software & Services
Financial Institutions
Business Services
9Copyright 2007 Global Insight, Inc.
Which Industries Grew the Fastest in “Real” Terms?(Industry Ranking of 2003-2007 Growth Rates in Inflation Adjusted Value Added)
910251022187.051.29. Fabricated Metal excl. Mach. & Equip.
1612201721136.614.510. Communications
4646444747295.841.411. Commercial Research & Development
BRICSEUAsia
PacificEmerg. Markets
OECD x US
World
22
13
6
11
37
5
9
1
2
26
19
41
9
31
48
40
1
4
33
29
2
12
10
18
40
1
5
4.96
7.44
7.94
8.18
8.53
9.58
11.48
12.24
20.63
Growth 2003-07
(%)
20
14
1
11
7
5
9
26
2
23
16
3
9
7
12
20
2
1
Ranking in Other Regions/Countries
120.16. Electrical Industrial Machinery
345.513. Retail Trade (Excl. Automotive & Gasoline)
181.98. Computer & Related Services
450.17. Metal & Wood Working Machine Tools
350.55. Aircraft & Spacecraft
480.14. Agricultural Machinery
420.23. Special Industry Machinery
10.82. Computers & Office Equipment
44.71. Communications Equipment incl. Semiconductors
Share in GDP (%)
Ranking in U.S.
Top Twelve Real Growth PerformersBy Growth Rate in Value Added (Real)
10Copyright 2007 Global Insight, Inc.
Which Industries Grew the Fastest in “Nominal” Terms?(Industry Ranking of 2003-2007 Growth Rates in US$)
4850434747439.591.49. Commercial Research & Development
9396359.110.310. Basic Industrial Chemicals
61326916198.561.211. Fabricated Metal excl. Mach. & Equip.
BRICSEUAsia
PacificEmerg. Markets
OECD x US
World
33
8
7
46
4
20
11
2
1
18
10
48
27
39
49
16
3
1
33
13
12
14
20
45
40
3
1
8.01
9.62
9.99
11.90
12.70
13.98
15.10
16.01
28.00
Growth 2003-07 (%)
30
11
2
17
7
42
13
6
1
29
8
9
15
11
34
14
2
1
Ranking in Other Regions/Countries
400.56. Aircraft & Aerospace
231.912. Computer & Related Services
140.38. Cement & Construction Material
350.17. Metal & Wood Working Machine Tools
430.15. Agricultural Machinery
494.74. Communications Equipment inc. Semiconductors
110.23. Special Industry Machinery
30.32. Iron & Steel
10.21. Aluminum & Other Non-Ferrous Metals
Share in GDP (%)
Ranking in U.S.
Top Twelve Real Nominal PerformersBy Growth Rate in Value Added (Nominal US$)
11Copyright 2007 Global Insight, Inc.
Which Industries Were the Weakest in “Real” Terms?(Industry Ranking of 2000-2006 Growth Rates in Inflation Adjusted Value Added)
221723192191.102.39. Retail Trade: Automotive & Gasoline
1922113821.290.810. Recreational & Cultural Services
2624112820131.363.411. Construction
BRICSEUAsia
PacificEmerg. Markets
OECD x US
World
36
6
9
25
26
2
11
21
0
17
4
36
27
45
47
12
30
35
22
14
44
8
47
42
4
29
35
1.46
0.72
0.66
0.61
0.28
0.10
-1.30
-1.89
-2.71
Growth 2003-07
(%)
32
35
48
13
43
2
15
39
0
15
8
44
4
45
40
1
12
10
Ranking in Other Regions/Countries
330.66. Wood Products & Furniture
270.112. Paints, Varnishes & Lacquers
50.28. Metals Mining
90.17. Shipbuilding & Repairing
450.15. Rubber Products
470.04. Electrical Appliances & Housewares
130.93. Renting & Leasing of Machinery & Equipment
291.22. Motor Vehicles & Parts
390.41. Textiles, Apparel & Leather
Share in GDP (%)
Ranking in U.S.
Weakest Twelve Real Growth PerformersBy Growth Rate in Value Added (Real)
12Copyright 2007 Global Insight, Inc.
Share of Exports in GDP in the Emerging Markets
Accelerated in 2000-06(Inflation Adjusted Exports of Goods & Services as Share of GDP)
Accelerated Export Growth in Emerging Markets in the Recent Past
Trade as Share of GDP
0%
10%
20%
30%
40%
50%
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
Percent(Based on Real US$ term
s)
World OECD
Emerging Markets United States
13Copyright 2007 Global Insight, Inc.
Goods and Services Exports in OECD and Emerging Markets
Trade in Goods Dominates Trade in Services
Exports of Goods & Services in Developed Countries
and Emerging Markets
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,0001
98
0
19
82
19
84
19
86
19
88
19
90
19
92
19
94
19
96
19
98
20
00
20
02
20
04
20
06
Mil. Nominal US$
OECD - Goods Emerging Markets - Goods
OECD - Serv. Emerging Markets - Serv.
14Copyright 2007 Global Insight, Inc.
Growth in Exports Universally Exceed GDP Growth: Only Modestly in OECD but Substantially in Emerging Markets
Annual Growth in GDP and Exports of Goods &
Services
OECD
Emerging Markets
W. Europe
Asia Pacific
E. Europe & CIS
MiddleEast
Latin America
United States
Japan
China
India
Russia
0.0
5.0
10.0
15.0
20.0
25.0
0.0 5.0 10.0 15.0 20.0 25.0
GDP
Exports
Growth (2003-06)
Adjusted for Inflation
Annual Growth in GDP and Exports of Goods & Services
Growth (Adjusted for Inflation)
% Growth % Growth ∆ (in Growth Rate)
GDP Exports GDP Exports GDP Export
(2003-06) (2000-03)
OECD 2.90 7.74 1.46 1.63 1.44 6.11
Emerging Markets 7.20 13.64 4.27 8.13 2.93 5.51
W. Europe 2.36 6.80 1.33 2.18 1.03 4.61
Asia Pacific 4.98 13.95 3.06 7.54 1.92 6.40
E. Europe & CIS 6.24 10.60 4.76 8.07 1.48 2.53
MiddleEast 5.55 8.84 2.87 4.43 2.69 4.41
Latin America 5.69 9.76 0.84 4.46 4.86 5.30
United States 3.48 8.28 1.62 -2.18 1.86 10.47
Japan 2.27 10.16 0.63 2.98 1.64 7.18
China 10.41 22.90 9.13 21.61 1.28 1.29
India 8.97 13.82 5.76 10.85 3.21 2.97
Russia 6.76 8.38 5.72 8.94 1.04 -0.57
15Copyright 2007 Global Insight, Inc.
U.S. Merchandise Trade in 2006: Largest Deficit in Asia
U.S. Trade in Goods, by Region. 2006
0
50
100
150
200
250
300
350
Ch
ina
& H
K
OE
CD
As
ia
Oth
er
As
ia
Ca
na
da
EU
- B
ig 3
Afr
ica
Me
xic
o
Re
st
of
EU
(12
)
La
tin
Am
.
(ex
c.
Me
x.)
M.E
as
t
E.
Eu
rop
e &
CIS
Oth
er
W.
Eu
rop
e
Bil US$
Exports Imports
Exports $ 1,032 Bil.Imports $ 1,873 Bil.
Net : $ -841 Bil.
16Copyright 2007 Global Insight, Inc.
U.S. Merchandise Trade in 2006: Largest Deficit in Mining, Motor Vehicles & Textiles
U.S. Trade by Sector. 2006
0
50
100
150
200
250
300Mining and Q
uarrying
Motor Vehicles &
Parts
Textiles & A
pparel
Office & C
omputing Equip.
Communication Equip.
Primary M
etals
Petroleum Refineries
Wood &
Furniture
Drugs &
Medicines
Food & B
everages
Fabricated M
etal Pro
ducts
Specialty Chemicals
Electric Indust. M
achinery
Paper and Printing
Industrial Chemicals
Engines and Turbines
Special Industr. Machinery
Pro
fessional & Scientific Equip.
Agriculture
Aircraft
Bil U
S$
Exports Imports
17Copyright 2007 Global Insight, Inc.
19181825141613.783.410. Special Industry Machinery
11167710911.883.811. Basic Industrial Chemicals
BRICSEUAsia
PacificEmerg. Markets
OECD x US
World
6
4
7
31
2
22
5
20
1
9
6
4
19
18
8
13
1
28
3
5
6
8
14
22
9
23
3
26
1
4
11.11
14.37
14.67
14.82
14.86
15.83
17.53
18.38
26.24
29.11
Growth 2003-07
(%)
6
7
8
31
2
25
5
18
1
3
6
7
8
28
5
20
2
18
1
3
Ranking in Other Regions/Countries
200.26. Shipbuilding & Repairing
42.712. Electrical Industrial Machinery
93.09. Drugs & Medicines
152.88. Synthetic Resins
130.27. Railroad Equipment
106.55. Aircraft & Aerospace
11.24. Iron & Steel
250.83. Metal & Wood Working Machine Tools
51.62. Aluminum & Other Non-Ferrous Metals
61.81. Metals Mining
Share in Total Exports
(%)
Ranking in United States
Top Twelve Export PerformersBy Growth Rate in Exports (Nominal US$)
Which Industries Had the Fastest “Nominal” Exports Growth?(Industry Ranking of 2003-2007 Growth Rates in Nominal US$ Exports)
18Copyright 2007 Global Insight, Inc.
259272011138.680.810. Wood Products & Furniture
1024211723209.471.811. Plastic Products
BRICSEUAsia
PacificEmerg. Markets
OECD x US
World
18
5
3
11
17
13
15
8
7
6
23
2
1
15
11
10
9
8
3
5
22
1
2
19
11
7
13
8
3
17
9.94
8.64
7.59
7.41
7.37
7.36
6.27
5.61
5.57
3.07
Growth 2003-07
(%)
16
5
2
12
20
13
8
10
9
6
22
2
1
17
18
8
10
7
5
9
Ranking in Other Regions/Countries
50.56. Fertilizers & Pesticides
140.312. Electrical Appliances & Housewares
20.39. Agricultural Machinery
10.58. Paints, Varnishes & Lacquers
248.77. Communications Equip. incl. Semiconductors
92.35. Paper & Printing
154.84. Computers & Office Equipment
43.63. Processed Food & Tobacco
34.02. Agriculture, Hunting, Forestry, Fishing
112.11. Textiles, Apparel & Leather
Share in Total
Exports (%)
Ranking in United States
Weakest Twelve Export PerformersBy Growth Rate in Exports (Nominal US$)
Which Industries Had the Weakest “Nominal” Exports Growth?(Industry Ranking of 2003-2007 Growth Rates in Nominal US$ Exports)
19Copyright 2007 Global Insight, Inc.
14141712121412.970.710. Rubber Products
23302529302812.400.111. Railroad Equipment
BRICSEUAsia
PacificEmerg. Markets
OECD x US
World
2
29
21
22
10
11
6
8
1
4
3
27
22
21
15
17
1
5
2
13
3
26
18
20
10
15
2
13
1
12
12.37
13.54
13.66
13.75
14.70
15.19
16.93
17.91
27.54
30.68
Growth 2003-07
(%)
3
29
18
22
11
7
5
8
1
2
4
26
19
20
10
8
2
7
1
3
Ranking in Other Regions/Countries
160.86. Electrical Appliances & Housewares
122.012. Fabricated Metal excl. Mach. & Equip.
250.69. Cement & Construction Material
190.58. Metal & Wood Working Machine Tools
151.77. Special Industry Machinery
210.85. Synthetic Resins
10.44. Metals Mining
93.23. Drugs & Medicines
22.32. Aluminum & Other Non-Ferrous Metals
301.91. Iron & Steel
Share in Total
Imports (%)
Ranking in United States
Top Twelve Import PerformersBy Growth Rate in Imports (Nominal US$)
Which Industries Had the Fastest “Nominal” Imports Growth?(Industry Ranking of 2003-2007 Growth Rates in Nominal US$ Imports)
20Copyright 2007 Global Insight, Inc.
2717272816209.242.910. Basic Industrial Chemicals
191681817119.462.511. Wood Products & Furniture
BRICSEUAsia
PacificEmerg. Markets
OECD x US
World
6
4
15
9
14
1
12
5
29
7
4
1
21
7
9
2
6
8
22
25
4
1
24
5
10
2
9
3
26
23
9.49
8.38
8.37
7.56
6.50
6.18
6.12
5.20
2.54
1.20
Growth 2003-07
(%)
6
4
13
9
11
1
12
5
28
8
5
2
14
7
10
1
8
3
27
9
Ranking in Other Regions/Countries
51.46. Paper & Printing
61.612. Agriculture, Hunting, Forestry, Fishing
10.19. Agricultural Machinery
252.78. Scientific & Measuring Equipment
123.27. Processed Food & Tobacco
30.25. Paints, Varnishes & Lacquers
47.04. Textiles, Apparel & Leather
810.43. Motor Vehicles & Parts
260.12. Shipbuilding & Repairing
290.91. Aircraft & Aerospace
Share in Total
Imports (%)
Ranking in United States
Weakest Twelve Import PerformersBy Growth Rate in Imports (Nominal US$)
Which Industries Had the Weakest “Nominal” Imports Growth?(Industry Ranking of 2003-2007 Growth Rates in Nominal US$ Imports)
21Copyright 2007 Global Insight, Inc.
Service Sector Trade Credits & Debits
Trade in Services: United States
0
20
40
60
80
100
120
Transportation
Travel Services
Communication
Construction
Insurance
Financial
IT & C
omputing
Licences &
Royalties
Oth. Business Serv.
Cultural & R
ecreation
Govern
ment
Bil. US$
Exports Imports
Net Trade in Services by Sector, U.S. & EU 15
2005
Overall Net
(US); 62.2
Overall Net (EU
15), 83.5
-40 -20 0 20 40 60 80 100
TransportationInsurance
Government IT & ComputingCommunication
ConstructionCultural & Recreational
FinancialOther Business Services
Travel ServicesLicences & Royalties
Overall Net (US)
Travel ServicesLicences & Royalties
Cultural & RecreationalInsurance
Government Communication
ConstructionTransportation
Other Business ServicesIT & Computing
Financial
Overall Net (EU 15)
Bil. US$
22Copyright 2007 Global Insight, Inc.
Growth in Service Sector Trade: U.S. versus EU-15
Annual Export Growth in Services, U.S. & EU 15
2002-05
-10 -5 0 5 10 15 20 25 30
Transportation
Travel Services
Communication
Construction
Insurance
Financial
IT & Computing
Licences & Royalties
Oth. Business Serv.
Cultural & Recreation
All Services (U.S.)
Transportation
Travel Services
Communication
Construction
Insurance
Financial
IT & Computing
Licences & Royalties
Oth. Business Serv.
Cultural & Recreation
All Services (EU-15)
Bil. US$
EU: 16.2%
U.S.: 9.3%
Annual Import Growth in Services, U.S. & EU 15
2002-05
-10 -5 0 5 10 15 20 25 30
Transportation
Travel Services
Communication
Construction
Insurance
Financial
IT & Computing
Licences & Royalties
Oth. Business Serv.
Cultural & Recreation
All Services (U.S.)
Transportation
Travel Services
Communication
Construction
Insurance
Financial
IT & Computing
Licences & Royalties
Oth. Business Serv.
Cultural & Recreation
All Services (EU-15)
Bil. US$
EU: 14.6%
U.S.: 10.8%
23Copyright 2007 Global Insight, Inc.
“Rest of World” (Ex. U.S.) Trade Surplus or Deficit in Manufacturing Industries, as Share of Their Own Domestic Consumption
Ratio of ROW Net Imports as Share of Consumption
En
gin
es
& T
urb
ine
s
Air
cra
ft
Pro
fes
sio
na
l E
qu
ip.
Me
tals
Min
ing
Ind
us
tria
l C
he
mic
als
En
erg
y M
inin
g
Alu
min
um
& O
th.
Pa
ints
& L
ac
qu
ers
Ag
ric
ult
ura
l M
ac
hin
ery
Ag
ric
ult
ure
Ra
ilro
ad
Eq
uip
me
nt
Pri
nti
ng
& P
ub
lish
ing
To
olin
g M
ac
hin
ery
Le
ath
er
Pro
du
cts
Off
ice
& C
om
pu
tin
g M
ac
h.
No
ne
lec
tric
al
Ma
ch
ine
s
Dru
gs
an
d M
ed
icin
es
Fo
od
& T
ob
ac
co
Pla
sti
c P
rod
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efi
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s
Ele
ctr
ica
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ch
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ss
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us
. M
ac
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Cle
an
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Pre
pa
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on
s
Iro
n a
nd
Ste
el
Fa
bri
ca
ted
Me
tal
Pro
d.
Mo
torc
yc
les
& B
icy
cle
s
Wo
od
Pro
du
cts
Ru
bb
er
Pro
du
cts
Po
tte
ry &
Ea
rth
en
wa
re
Ele
ctr
ica
l M
ac
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ery
Te
xti
les
Fu
rnit
ure
an
d F
ixtu
res
Co
mm
un
ic.
Eq
uip
.
Ele
ctr
ica
l A
pp
ara
tus
NE
C
Ap
plia
nc
es
& H
ou
se
wa
re
Sh
ip B
uild
ing
& R
ep
air
ing
Mo
tor
Ve
hic
les
an
d P
art
s
-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
Ra
tio
(N
et
Imp
ort
s/D
om
es
tic
Co
ns
um
pti
on
)
24Copyright 2007 Global Insight, Inc.
Identifying Outlook Prospects Where U.S. has Trade Surplus with
Rest of the World
Large Medium Small
Fast
Aircraft & Spacecraft [13.4%] Railroad Equipment [0.2%]
Medium
Industrial Chemicals [2.9%]
Aluminum & Non-Ferrous Metals [1.0%]
Professional & Scientific
Equipment [8.3%]Engines & Turbines [19.7%]
Slow
Agriculture [0.4%] Metals Mining [8.3%]Paints & Lacquers [0.5%]
Agricultural Machinery [0.4%]
Industries Where U.S. has net Export Surplus with Rest of the World
Sector Size
Real Gro
wth (2003-'07)
25Copyright 2007 Global Insight, Inc.
Identifying Outlook Prospects Where Rest of the World Has Trade Surplus against the United States
Large Medium Small
Fast Communication Equipment [-6.1%]
Electrical Machinery [-4.6%]
Nonelectrical Machinery [-0.8%]
Office & Computing Machinery [-0.8%]
Appliances & Houseware [-6.6%]
Electrical Apparatus [-6.1%]
Pottery, Ceramics & Earthenware [-3.6%]
Rubber Products [-3.6%]
Metal & Woodworking Machinery [-0.3%]
Medium Fabricated Metal Products [-3.0%]
Iron and Steel [-2.4%]
Plastic Products [-1.3%]
Textiles [-4.9%]
Drugs and Medicines [-1.1%]
Ship Building & Repairs[-7.7%]
Soap & Cleaning Products [-2.4%]
Leather Products [-0.5%]
Slow
Motor Vehicles & Parts [-8.3%]
Paper & Products [-1.6%]
Electrical Industrail Machinery [-1.6%]
Petroleum Refineries [-1.3%]
Printing & Publishing [0.0%]
Furniture & Fixtures [-5.7%]
Wood Products [-3.6%]
Special Industrial Machinery [-2.2%]
Motorcycles & Bicycles [-3.0%]
Glass & Products [-2.0%]
Industries Where Rest of the World has net Exports to the U.S.
Sector Size
Real Growth (2003-'07)
26Copyright 2007 Global Insight, Inc.
Thank you!Thank you!
Mark Killion, CFAManaging Director
Prem Premakumar, Ph. D.Principal/Senior Economist
World Industry ServicesGlobal Insight, Inc.Global Insight, Inc.
Phone:610 490 2547 610 490 2525