Table 5

U.S.-China trade and job displacement, 2001–2011

U.S. trade with China ($ billions, nominal)
Change (billions) Percent change
2001 2008 2011 2001–2011 2008–2011 2001–2011
U.S. domestic exports* $18.0 $67.2 $96.9 $78.9 $29.7 439.6%
U.S. imports for consumption $102.1 $337.5 $398.5 $296.4 $61.0 290.4%
U.S. trade balance -$84.1 -$270.3 -$301.6 -$217.5 -$31.2 258.5%
Average annual change in the trade balance -$21.7 -$10.4 13.6%
U.S. trade-related jobs supported and displaced (thousands of jobs)
Change (thousands of jobs) Percent change
2001 2008 2011 2001–2011 2008–2011 2001–2011
U.S. domestic exports—jobs supported 169.4 547.9 707.4 538.0 159.5 317.7%
U.S. imports for consumption—jobs displaced 1,139.5 3,598.1 4,419.7 3,280.2 821.6 287.9%
U.S. trade deficit—net jobs displaced 970.1 3,050.2 3,712.3 2,742.2 662.1 282.7%
Average annual change in net jobs displaced 274.2 220.7 14.4%

*Domestic exports are goods produced in the United States and exclude re-exports, i.e., goods produced in other countries and shipped through the United States. Total exports as reported by the U.S. International Trade Commission include re-exports. Total exports were estimated to be $103.9 billion in 2011, and U.S. re-exports to China represent 6.72 percent of total exports. The employment estimates shown here are based on domestic exports only. See Scott (2012, endnote 9) for additional details.

Source: Reproduced from Scott (2012, Table 1 at 7)

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