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See how U.S. imports from abroad compared in 2011 and 2001.
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DataPost
Trade PatternsU.S. imports
Federal Reserve Bank of San FranciscoEconomic Education Group
Date last updated: September 9, 2013
U.S. Imports by World Area and Selected Countries2001 vs. 2012 Customs Value Totals ($billions)
Canada China Europe Japan Latin America Mexico Pacific Rim (excl. China &
Japan)
Rest of World
$0
$100
$200
$300
$400
$5002001 2012
Source: Census Bureau & FRBSF CalculationsNote: Data are calendar-year totals of monthly, non-seasonally adjusted values
http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education GroupDataPost
Canada China Europe Japan Latin America Mexico Pacific Rim (excl. China &
Japan)
Rest of World
$0
$100
$200
$300
$400
$5002001 2012
Rest of World:$96b in 2001
$285b in 2012
http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education GroupDataPost
See PowerPoint file for country definitions and data source
Import values from China increased 316% from 2001 to 2012
=100 x (425.5789-102.2784) 102.2784
For imports, the value reported is the U.S. Customs and Border Protection appraised value of
merchandise
China:$102b in 2001$426b in 2012
Source: Census Bureau & FRBSF CalculationsNote: Data are calendar-year totals of monthly, non-seasonally adjusted values
Annotated Chart NotesU.S. Imports by World Area and Selected Countries
2001 vs. 2012 Customs Value Totals ($billions)
What Do You Think?1. How would you describe the change in Japanese import
totals from 2001 to 2012? (See slide 2)2. Imports from China increased 316% from 2001 to 2012. Over
the same time comparison, what is the percent change for the category “Rest of the World”? (See slide 3)
3. For any world area or country shown, did imports show a decrease in value from 2001 to 2012? (See slide 3)
4. What were the top three sources of U.S. imports in 2001? In 2012? (See slide 2)
Visit FRBSF.org to learn more about U.S. trade.
DataPost http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education Group