Trade deficit of MNCs* operating in the U.S. as a share of the total U.S. goods trade deficit, 1997–2011
Year | Total MNC trade balance as a share of total U.S. goods trade balance |
---|---|
1997 | 19.2% |
1998 | 26.6% |
1999 | 36.8% |
2000 | 43.6% |
2001 | 46.7% |
2002 | 47.3% |
2003 | 47.3% |
2004 | 48.5% |
2005 | 52.5% |
2006 | 53.2% |
2007 | 57.8% |
2008 | 61.3% |
2009 | 81.1% |
2010 | 73.8% |
2011 | 71.1% |
*Multinational companies
Source: Author's analysis of Bureau of Economic Analysis Direct Investment and Multinational Companies interactive tables and National Income and Product Account interactive tables (BEA 2013a and 2013b)