U.S. International Trade Commission COMMISSIONERS Daniel R. Pearson, Chairman Shara L. Aranoff, Vice Chairman Deanna Tanner Okun Charlote R. Lane Irving A. Williamson Dean A. Pinkert Robert A. Rogowsky Director of Operations Karen Laney-Cummings Director, Office of Industries Address all communications to Secretary to the Commission United States International Trade Commission Washington, DC 20436 U.S. International Trade Commission Washington, DC 20436 www.usitc.gov Shifts in U.S. Merchandise Trade 2006 Investigation No. 332--345 Publication 3940 August 2007 This report was prepared principally by the Office of Industries Project Team John Kitzmiller, Project Leader
[email protected] (202) 205--3387 Gail Burns, Assistant Project
[email protected] [email protected] (202) 205--2501 with assistance from: Michael Anderson, Laura Polly, Deb McNay, Sharon Greenfield, David Lundy, Monica Reed, and authors from the Office of Industries as noted throughout the report Office of Information Technology Services Publishing Services Introduction The annual Shifts in U.S. Merchandise Trade report is prepared on the basis of the Commission’s more than 250 major industry/commodity groups and subgroups monitored by the Office of Industries. The analyses are performed by the international trade analysts of the U.S. International Trade Commission (the Commission), Office of Industries, who routinely monitor trade developments in all natural resource, agricultural, and manufacturing industries. This report is divided into three parts: Part I, which begins on page 2, presents an analysis of U.S. merchandise trade and overall economic performance from 2005–06. Overall U.S. merchandise trade performance is summarized for 2006, compared with such trade for 2005, on the basis of 10 merchandise sectors.1 Coverage of the individual merchandise sectors includes data showing U.S.