The Importance of U.S. Manufacturing

32. The U.S. Is Losing Export Market Share

U.S. exports of manufactured goods face strong competition in many markets and particularly from China, which has become a leading exporter in chemicals, textiles, office and telecommunications equipment, and electronic products. In terms of global market share of manufactured exports, the U.S. share declined from 18 percent in 2000 to 9 percent in 2012, while China’s rose from 6 percent to 18 percent; the EU share decreased from 24 percent to 21 percent. Thus, although U.S. exports in manufactured goods have grown steadily in recent years, we have lost market share to even more rapidly growing exports in China and other emerging markets.

To Trade and Investment

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The U.S. Is the #3 Manufacturing Exporter

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The U.S. Is Losing Export Market Share

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U.S. Manufacturing Exports to 238 Countries

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Manufacturing Still Dominates U.S. Exports, But Its Share Is Declining

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U.S. Manufacturers Invest Primarily in High-Wage Countries

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Foreign Investment in U.S. Manufacturing Grows

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Foreign Companies Are Important to U.S. Manufacturing