Figure F

U.S. goods-and-services trade deficit with China, gross and with value-added adjustments, 2009

G&S trade deficit (gross) 219.5
OECD bilateral VA adjustment -45.1
U.S. re-imports from ROW originating in China 60.8
Net addition to U.S. trade deficit with China 15.7
Net value-added adjusted U.S. G&S trade deficit 235.3
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Note: ROW refers to "rest of world."

Source:  Author's analysis of BEA (2013), OECD (2013c), IMF (2013), and UN Comtrade (2013)

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