INTERNATIONA

L ECONOMICS
PROJECT
TOPIC: ANALYSIS OF INTERNATIONAL TRADE BY
COUNTRY
COUNTRY CHOOSEN: U.S.A.

MADE BY:
PARAS DHAWAN
ROLL NO.: BBE
12823
SEMESTER: V

OBJECTIVE 1:TO FIND THE CHANGE IN

DIRECTION OF TRADE AND
MAKING COMPARISONS

TABLE 1:- TRADE IN 1991 (IN 1000 USD) BY USA

Nomenclature
H0
H0
H0
H0
H0
H0
H0
H0
H0

ProductCode
Total
Total
Total
Total
Total
Total
Total
Total
Total

ReporterName
United States
United States
United States
United States
United States
United States
United States
United States
United States

H0

Total

United States

PartnerName
Canada
Japan
Mexico
United Kingdom
Germany
Korea, Rep.
France
Netherlands
Other Asia, nes
BelgiumLuxembourg

TradeFlowName
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Average

1991 in 1000
USD
85119467.52
48107618.3
33223827.46
22043105.28
21282402.3
15504106.5
15351815.17
13510416.38
13170543.62
10788232.19
27810153.47

Source: www.wits.worldbank.org/

GRAPH OF TOP 10 EXPORTERS OF USA IN 1991 AND THEIR SHARE:FIGURE 1:-

1991 in 1000 USD

Canada
Japan
5%
5%
6%

Mexico
4%

6%
8%
8% 12%

31%

United Kingdom
Germany
Korea, Rep.

17%

France
Netherlands
Other Asia, nes
Belgium-Luxembourg

Top exporter of USA in 1991 was Canada . The average of top 10 exporters in 1991 was
found to be $27810153.47 (in 1000) .

TABLE 2:- TRADE IN 1995 ( IN 1000 USD) BY USA

Nomenclature
H0
H0
H0
H0
H0
H0
H0
H0
H0
H0

ProductCode
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total

ReporterName
United States
United States
United States
United States
United States
United States
United States
United States
United States
United States

PartnerName
Canada
Japan
Mexico
United Kingdom
Korea, Rep.
Germany
Other Asia, nes
Netherlands
Singapore
France

TradeFlowName
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Average

1995 in 1000
USD
126021754.9
64259694.59
46309285.89
28826384.38
25413122.05
22370009.09
19294926.85
16557324.29
15318104.06
14249968.64
37862057.47

Source: www.wits.worldbank.org/

GRAPH OF TOP 10 EXPORTERS OF USA IN 1995 AND THEIR SHARE:-

FIGURE 2:-

1995 in 1000 USD

Canada
Japan
4%
4%
5%
6%
7%
8%

Mexico

4%
33%

United Kingdom
Korea, Rep.
Germany
Other Asia, nes

12%

17%

Netherlands
Singapore
France

Top exporters of USA in 1995 had little change with Belgium - Luxembourg no more in the
list and Korea coming ahead of Germany. Other Asia also coming up and Singapore
finding a place in the list. However, top 4 exporters didnt changed from previous year. The
average of top 10 exporters in 1995 was found to be $37862057.47 (in 1000) .

TABLE 3:- TRADE IN 2000 (IN 1000 USD) BY USA

Nomenclature
H0
H0
H0
H0
H0
H0
H0
H0
H0
H0

ProductCode
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total

ReporterName
United States
United States
United States
United States
United States
United States
United States
United States
United States
United States

PartnerName
Canada
Mexico
Japan
United Kingdom
Germany
Korea, Rep.
Other Asia, nes
Netherlands
France
Singapore

TradeFlowName
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Average

2000 in 1000
USD
176408790.2
111710471.4
65251590.75
41578521.23
29241509.72
27901876.44
24380278.39
21972915.5
20410563.99
17816250.74
53667276.83

Source: www.wits.worldbank.org/

GRAPH OF TOP 10 EXPORTERS OF USA IN 2000 AND THEIR SHARE:FIGURE 3:-

2000 in 1000 USD

Canada
Mexico
5%
5%
5%
8%

Japan

4% 4% 3%
33%

United Kingdom
Germany
Korea, Rep.
Other Asia, nes

12%

21%

Netherlands
France
Singapore

Top exporters of USA in 2000 had very little change with France shifting up and
Singapore moving down to last place in the list. However, there was no change at other
places in the list. The average of top 10 exporters in 2000 was found to be $ 53667276.83(in
1000) .

TABLE 4:- TRADE IN 2001 (IN 1000 USD) BY USA

Nomenclature
H0
H0
H0
H0
H0
H0
H0
H0
H0
H0

ProductCode
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total

ReporterName
United States
United States
United States
United States
United States
United States
United States
United States
United States
United States

PartnerName
Canada
Mexico
Japan
United Kingdom
Germany
Korea, Rep.
France
Netherlands
China
Other Asia, nes

TradeFlowName
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Average

2001 in 1000
USD
163721459.3
101507711.5
57637105
40796266.33
30113157.12
22196591.88
20124697.31
19524471.29
19234430.07
18151570.03
49300745.98

Source: www.wits.worldbank.org/

GRAPH OF TOP 10 EXPORTERS OF USA IN 2001 AND THEIR SHARE:FIGURE 4:-

2001 in 1000 USD

Canada
Mexico
4%
5%
6%
8%

Japan

4% 4% 4%
33%

United Kingdom
Germany
Korea, Rep.
France

12%

21%

Netherlands
China
Other Asia, nes

Top exporters of USA in 2001 had slight change with China entering the list at no. 8 and
France moving up. Singapore was nowhere in the list. The average of top 10 exporters in
2001 was found to be $ 49300745.98 (in 1000) .

TABLE 5:- TRADE IN 2005 (IN 1000 USD) BY USA

Nomenclature
H0
H0
H0
H0
H0
H0
H0
H0
H0
H0

ProductCode
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total

ReporterName
United States
United States
United States
United States
United States
United States
United States
United States
United States
United States

PartnerName
Canada
Mexico
Japan
China
United Kingdom
Germany
Korea, Rep.
Netherlands
France
Other Asia, nes

TradeFlowName
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Average

2005 in 1000
USD
211417118.1
120048216
55408356.27
41835198.83
38621401.64
34141153.58
27670367.8
26495636.8
22538003.97
22049540.11
60022499.31

Source: www.wits.worldbank.org/

GRAPH OF TOP 10 EXPORTERS OF USA IN 2005 AND THEIR SHARE:FIGURE 5:-

2005 in 1000 USD

Canada
Mexico

5%
6%
6%
7%

Japan

4% 4% 4%

China
35%

United Kingdom
Germany
Korea, Rep.

9%

20%

Netherlands
France
Other Asia, nes

Top exporters of USA in 2005 had China moving up. However, there was no new entrant in
the list. The average of top 10 exporters in 2005 was found to be $ 60022499.31 (in 1000) .

TABLE 6:- TRADE IN 2010 (IN 1000 USD) BY USA

Nomenclature
H0
H0
H0
H0
H0
H0
H0
H0
H0
H0

ProductCode
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total

ReporterName
United States
United States
United States
United States
United States
United States
United States
United States
United States
United States

PartnerName
Canada
Mexico
China
Japan
United Kingdom
Germany
Korea, Rep.
Brazil
Netherlands
Singapore

TradeFlowName
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Gross Exp.
Average

2010 in 1000
USD
248186864.3
163320690
91878160.15
60542675.2
48414447.36
48040814.9
38843767.54
35357186.96
34996604.68
29149702.67
79873091.37

Source: www.wits.worldbank.org/

GRAPH OF TOP 10 EXPORTERS OF USA IN 2010 AND THEIR SHARE:FIGURE 6:-

2010 in 1000 USD

Canada
Mexico
4%
4%
5%
6%
6%
8%

China

4%
31%

Japan
United Kingdom
Germany
Korea, Rep.

12%

20%

Brazil
Netherlands
Singapore

Top exporters of USA in 2010 had slight change with Brazil entering the list at no. 8 and
Singapore finding a place back into the list. The average of top 10 exporters in 2010 was
found to be $ 79873091.37(in 1000) .

CONCLUSION:On comparing the above data on decade to

decade basis we found the average of decade
1991-2000 as $39779829 (in 1000) and for
decade 2001-2010 it was $63065446 (in
1000) .
So, we can see that there is an upward direction
of the exports. The exports of USA increased by
nearly 63% in 2001-2010 decade as compared to
previous decade 1991-2000.
YEAR
1991
1995
2000
2001
2005
2010

AVERAGE (IN 1000

USD)
27810153.47
37862057.47
53667276.83
49300745.98
60022499.31
79873091.37

AVERAGE (IN 1000 USD)

90000000
80000000
70000000
60000000

AVERAGE (IN 1000

USD)

50000000
40000000
30000000
20000000
10000000
0
1991

1995

2000

2001

2005

2010

The above graph shows the direction of trade from year 1991 to 2010.
Gross exports of USA in 2010 are almost 2.67 times the gross exports in
1991. There is an UPWARD direction of trade. However there was a
slight decrease in gross exports in 2001 but still there is an upward trend.

OBJECTIVE 2:-

TO FIND THE TOP EXPORTED

PRODUCTS & TOP IMPORTED
PRODUCTS
(IN 1991 AND
2000) AND COMPARING THEM

TABLE 7:- TOP 10 PRODUCTS EXPORTED IN 1991 ( IN 1000 USD)

Nomenclat
ure

ProductCode

H0

Nuclear reactors

H0

Electricity mchy

ReporterNa
me
United
States
United
States

PartnerNa
me

TradeFlowNa
me

1991 in 1000
USD

World

Gross Exp.

80219316.22

World

Gross Exp.

49139376.13

H0
H0

Aircraft, Space craft

Vehicles o/t railw,
tramw

H0

Optical, Photo

H0

Plastic & articles

H0

Organic chemicals

H0

Mineral fuels & oils

H0

Cereals
Prec. Metals &
Stones

H0

United
States
United
States
United
States
United
States
United
States
United
States
United
States
United
States

World

Gross Exp.

35495174.14

World

Gross Exp.

35113271.3

World

Gross Exp.

19927470.08

World

Gross Exp.

12723777.54

World

Gross Exp.

12348374.02

World

Gross Exp.

12308867.07

World

Gross Exp.

10109807.62

World

Gross Exp.

7050295.808

Source: www.wits.worldbank.org/

GRAPH OF TOP 10 PRODUCTS EXPORTED BY USA IN 1991

(IN 1000 USD):FIGURE 7:-

1991 in 1000 USD (GROSS EXPORTS)

4%
4%
4% 3%
5%

29%

7% 13% 18%
13%

Nuclear reactors

Electricity mchy

Aircraft, Space craft

Vehicles o/t railw,

tramw

Optical, Photo

Plastic & articles

Organic chemicals

Mineral fuels & oils

Cereals

Prec. Metals & Stones

In 1991 Nuclear Reactors and boilers were the most exported

product.

TABLE 8:- TOP 10 PRODUCTS EXPORTED IN 2000 (IN 1000 USD)

Nomenclat
ure

ProductCode

H0

Nuclear reactors

H0
H0

Electricity mchy
Vehicles o/t railw,
tramw

H0

Optical, Photo

H0

Aircraft, Spacecraft

H0

Plastic & Articles

H0

Organic chemicals
Prec. Stones and
metals

H0
H0
H0

Minerals, fuel
Paper &
papaerboard

ReporterNa
me
United
States
United
States
United
States
United
States
United
States
United
States
United
States
United
States
United
States
United
States

PartnerNa
me

TradeFlowNa
me

2000 in 1000
USD

World

Gross Exp.

158919459.1

World

Gross Exp.

148287162.7

World

Gross Exp.

61927570.52

World

Gross Exp.

45019225.14

World

Gross Exp.

40975743.5

World

Gross Exp.

28147676.6

World

Gross Exp.

21008605.26

World

Gross Exp.

15265650.72

World

Gross Exp.

13384263.2

World

Gross Exp.

11607480.55

Source: www.wits.worldbank.org/

GRAPH OF TOP 10 PRODUCTS EXPORTED BY USA IN 2000

(IN 1000 USD):FIGURE 8:-

2000 in 1000 USD (GROSS EXPORTS)

3%
4%2% 2%
5%
29%
8%
27%
8% 11%

Nuclear reactors

Electricity mchy

Vehicles o/t railw,

tramw

Optical, Photo

Aircraft, Spacecraft

Plastic & Articles

Organic chemicals

Prec. Stones and

metals

Minerals, fuel

Paper & papaerboard

Till 2000 the profile of exported good changed a little with Aircraft,
Spacecraft moving down and vehicles o/t railw, tramw moving up
in the list. Paper & Paperboard is the new entrant in the list whereas
cereals are no more in the list.

TABLE 9:- TOP 10 PRODUCTS IMPORTED IN 1991 (IN 1000 USD)

Nomenclat
ure
H0

ProductCode
Vehicles o/t Railw,
tramw

H0

Nuclear reactors

H0

Electricity mchy

H0
H0

Mineral, fuel
Art of apparel( not
knit)

H0

Optical Photo

H0

Prec. Stone & metal

ReporterNa
me
United
States
United
States
United
States
United
States
United
States
United
States
United
States

PartnerNa
me

TradeFlowNa
me

1991 in 1000
USD

World

Gross Imp.

74802610.18

World

Gross Imp.

68660752.38

World

Gross Imp.

62391558.14

World

Gross Imp.

58364063.74

World

Gross Imp.

15751836.67

World

Gross Imp.

14831935.49

World

Gross Imp.

12099099.65

H0

footwears

H0

Art of apparel (Knit)

H0

Organic chemicals

United
States
United
States
United
States

World

Gross Imp.

9997616.128

World

Gross Imp.

9372616.704

World

Gross Imp.

9228735.488

Source: www.wits.worldbank.org/

GRAPH OF TOP 10 PRODUCTS IMPORTED BY USA IN 1991

(IN 1000 USD):FIGURE 9:-

1991 in 1000 USD (GROSS IMPORTS)

3%
3% 3%
4%
22%
4%
20%
5% 19%

Vehicles o/t Railw,

tramw

Nuclear reactors

Electricity mchy

Mineral, fuel

Art of apparel( not knit)

Optical Photo

Prec. Stone & metal

footwears

Art of apparel (Knit)

Organic chemicals

17%

In 1991 Vehicles o/t railw, tramw were the most imported product.

TABLE 10:- TOP 10 PRODUCTS IMPORTED IN 2000 (IN 1000

USD)
Nomenclat
ure
H0

ProductCode
Electricity mchy

ReporterNa
me
United

PartnerNa
me
World

TradeFlowNa
me
Gross Imp.

2000 in 1000
USD
189532947

H0
H0

Nuclear reactor
Vehicles o/t railw,
tramw

H0

Mineral , fuel

H0
H0

Optical, photo
Art of apparel (not
knit)

H0

Organic chemicals

H0

Prec. Stone & metal

H0

Art of apparel (knit)

Furniture,
bedding,mattress

H0

States
United
States
United
States
United
States
United
States
United
States
United
States
United
States
United
States
United
States

World

Gross Imp.

185223671

World

Gross Imp.

166710857

World

Gross Imp.

139787015

World

Gross Imp.

37257606

World

Gross Imp.

34231797

World

Gross Imp.

31020306

World

Gross Imp.

29961894

World

Gross Imp.

27509552

World

Gross Imp.

25931884

Source: www.wits.worldbank.org/

GRAPH OF TOP 10 PRODUCTS IMPORTED BY USA IN 2000

(IN 1000 USD):FIGURE 10:-

2000 in 1000 USD (GROSS IMPORTS)

3%
3%
3%
4%
4%
4% 19%
16%

22%
21%

Electricity mchy

Nuclear reactor

Vehicles o/t railw,

tramw

Mineral , fuel

Optical, photo

Art of apparel (not knit)

Organic chemicals

Prec. Stone & metal

Art of apparel (knit)

Furniture,
bedding,mattress

Till 2000 the profile of imported good changed a little with Electricity
mchy moving up and becoming the highest imported good of USA.

Furniture, bedding, Mattress is the new entrant in the list whereas

Footwear are no more in the list.

CONCLUSION:
After some research I found that the major sectors of USA are
Manufacturing Sector and Service Sector. These two sectors
contribute majorly for the economic growth and development of USA. As
per the above data of exports and imports of USA it is clear that the
exports and imports of the country are driven by the major sectors only.
Beside the costly nuclear Reactor Deals which were the largest
exported during 1991 and 2000 Electricity mchy was the second
largest product to be exported. Its worth noting that both these products
belong to service sector only, which shows us the sector dominance in
exports . Also, if we consider the imports Vehicles o/t railw, tramw
were the largest imported goods in 1991 and Electricity mchy in
2000. Vehicles o/t railw, tramw belong to manufacturing sector whereas
Electricity mchy belongs to service sector. This shows the sector
dominance in imports.