Core exports from north America

8/14/2019 Core exports from north America

1/17

CORE EXPORTS FROM NCORE EXPORTS FROM NAMERICAAMERICA

ByS.Mah

07mba


2/17

NORTH AMERICA


3/17


4/17

United statesUnited states

y The USA is the largest economy in accounting for more than 20% of the wGDP.

y The GDP growth has slow down a littleach year from a rate of 3.6% in 2004 t1.9% in 2007.

y The unemployment rate is showing a trend and is estimated at 4.8% in compared to 6% in 2003).

y Though agriculture contributes only 1%but produces 60% of the world's a

production.y The industrial sector contributes nea

GDP.y The US economy is becoming mor

service oriented (contributing more th


5/17

International TradeInternational Tradey The USA achieves 30% of their external tra

NAFTA countries & 20% through the Europey A free trade agreement between the USA an

Morocco came into force in 2005.y The country mainly imports mineral fu

machinery & electric equipment, veh

chemicals.y The USA is encouraging imports from low co

like China (now its third largest trade partnery Its top three top import partners are: Can

and Mexico.y USAs top three export partners are: Cana

and Japan.y The goods mainly exported are machinery

electronic equipment, vehicles, optical &instruments, aircrafts & their parts.


6/17

Auto IndustryAuto Industryy The U.S. auto industry is a key compo

nations manufacturing base.y It accounts for about 5 percent of GDP and

of all durable goods shipments.y The automotive industry, including the autom

sector, accounted for about 996.8 thousan

employees in 2007, a decline of 7 percent froy It accounted for 7.2 percent of all ma

employees.y The Center for Automotive Research

automotive suppliers employed 7,83,100 Uand contributed to 4.5 million jobs nationwide

y

This is because automakers encourage supclose to auto producing plants to improve delivery of parts, quality control, and flexibilit


7/17

Other SectorsOther Sectors

y Foreign demand for advanced machinerexports of civilian aircraft, drillitelecommunications equipment, agriculturaand excavators all rose at double-digit rates

y In some industries the shift has been dramaof iron and steel products rose 21% in 2007.

y Employment in construction is plunging, exmanufacturing and mining employment is alevel in a decade.

y Export-related manufacturing and mining some 8% of GDP but only 1.5% ofemployment.

y

Mark Zandi , chief economist points out trelated manufacturing, in particular, is highlyand therefore less prone to mass hiring.


8/17


9/17

CANADACANADA

Canada has the 8th largest economy in thThe Canadians enjoy one of the highest liin the world.Due to slowdown in US economy, the GDP

down from more than 3% in 2005 to a forfor 2008.Unemployment and inflation is aroundrespectivelyAgricultural sector employs about 3% of

and contributes a similar percentage toGDP.The services sector now accounts for 66while as the manufacturing sector accounts


10/17

International tradeInternational trade

y Since the implementation of NAFTA in two-way merchandise trade between theCanada has more than doubled.

y The top three import partners of CanadU.S.A, China and Japan.

y Canada mainly imports vehicles, macelectronic equipment.

y The top three export partners are: tJapan and the United Kingdom.

y The country mainly exports mineral fuvehicles, machinery, and electric & equipment.


11/17


12/17

y The Canadian market for electrical powevalued at $13.8 billion in 2007, a 9% increawhile export growth was 8.4%.

y The main types of equipment are hemachinery like electric motors and geswitchgear equipment with a total market

billion in 2007, a 5.5% increase over 2006.y Lighting market is valued at $2 billion in

increase over previous year.y The Canadian Aerospace Industry ranks 3

behind the U.S. and the E.U. ,valued at US$revenues, 85% of which came from exports

y

Since 1990, Canadian aerospace industrmore than doubled.

Sectorial Growth


13/17

MexicoMexico

y GDP is growing at 4.8% in 2006 and 3%

y Mexico is highly dependent on exports which account for almost a quarter of thGDP. As the U.S. economy has emergdownturn in 2001, so has the Mexican e

y The weak point of the Mexican econheavy dependence on the US exports.

y 80% of Mexican foreign trade is carried US.

y Both unemployment (around 3%) an(around 3.5%) are under control.


14/17

International tradeInternational trade

y Mexico is one of the worlds most trade depecountries.

y The share of foreign trade in countries GDP 60%.

y The country signed a free trade agreement w

European Union in 2000 and the commerciasigned with Japan came into force on April 2

y The top three import partners are: the USA, Japan.

y It mainly imports electrical & electronic equip

machinery, vehicles, plastics and mineral fuey USA buys 80% of its exports. The top three e

partners are: the USA, Canada and Spain.

y The commodities mainly exported are electri


15/17


16/17

SectorialSectorial GrowthGrowth

y Over the past decade, Mexico has increexport product variety with annual growth0.3% in Machinery & Transport Equipme

y The growth rate in Wood & Paper industr

y Overall, more than 87% of US imports infrom products which Mexico exports.

y It was 79% in 1990.


17/17

Core exports from north America

Documents

Transcript of Core exports from north America