Rising imports explain trade deficits of U.S. affiliates of foreign MNCs in the United States, 2000-2014 (in billions of USD).
| U.S. Exports by MNC affiliates | U.S. Imports by MNC affiliates | MNC affiliate trade balance | |
|---|---|---|---|
| 2000 | 164.7 | 372.2 | -207.5 |
| 2001 | 157.5 | 347.8 | -190.4 |
| 2002 | 150.1 | 348.1 | -198.0 |
| 2003 | 156.2 | 368.2 | -212.0 |
| 2004 | 166.6 | 409.8 | -243.2 |
| 2005 | 183.5 | 462.6 | -279.2 |
| 2006 | 205.9 | 514.5 | -308.6 |
| 2007 | 229.8 | 566.4 | -336.6 |
| 2008 | 258.5 | 624.0 | -365.5 |
| 2009 | 237.7 | 517.5 | -279.8 |
| 2010 | 261.1 | 568.3 | -307.2 |
| 2011 | 325.1 | 653.9 | -328.8 |
| 2012 | 360.0 | 672.9 | -312.9 |
| 2013 | 405.2 | 716.6 | -311.4 |
| 2014 | 434.2 | 735.0 | -300.8 |
Source: Bureau of Economic Analysis, International Data: Direct Investment & Multinational Enterprises (MNEs).