America's Shrinking Slice
AMERICA'S SHRINKING SLICE From 2000 to 2010, America's share of imports into 12 leading Asia-Pacific markets has dropped by 43%. At that rate, by 2020 America would be leaving almost a trillion dollars in exports to this fast-growing region on the table... annually. $9:63p 2020 SA 38 4.7% In 2020, a 14.3% share of Asia-Pacific trade would be worth $1.38 TRILLION 8.2% IN ANNUAL U.S. EXPORTS 200 $5876 more than an 8.2% share $927b more than a 4.7% share 83 14.3% $500 12% $400 U.S. to A-P TRADE U.S. SHARE of A-P TRADE $3000 3% $2000 2000 2010 2020 From the Third Way report "Boatloads of Growth: Recapturing America's Share of Asia-Pacific Trade," avallable at: http://www.thirdway.org/publications/536. All values and calculations in constant 2010 dollars. Trade in goods only (no services). Based on data from 12 leading Asia-Pacific trade markets: China, Japan, Hong Kong, Korea, India, Singapore, Australia, Thailand, Malaysia, Indonesia, Philippines, and New Zealand. Historical data: UN Commodity Trade Statistics Database. Projections based on UN data and IMF "World Economic Outlook" forecasts, April 2012. Free for re-use with attribution/link. © 2012 Third Way. For more, please visit www.thirdway.org. Infographic by Bill Rapp. third way fresh thinking TRADE TO ASIA PACIFIC 2010
America's Shrinking Slice
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Bill RappSource
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