datapost trade patterns u.s. imports date last updated: october 5, 2015 federal reserve bank of san...
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DataPost
Trade PatternsU.S. Imports
Date last updated: October 5, 2015
Federal Reserve Bank of San FranciscoEconomic Education & Outreach
U.S. Imports by World Area and Selected Countries2004 vs. 2014 Customs Value Totals ($billions)
Canada China Europe Japan Latin America Mexico Pacific Rim (excl. China &
Japan)
Rest of World
$0
$100
$200
$300
$400
$500
$6002004 2014
DataPost www.frbsf.org/education/teacher-resources/datapost FRBSF Economic Education & Outreach
Source: Census Bureau & FRBSF CalculationsNote: Data are calendar-year totals of monthly, non-seasonally adjusted values
Canada China Europe Japan Latin America Mexico Pacific Rim (excl. China &
Japan)
Rest of World
$0
$100
$200
$300
$400
$500
$6002004 2014
Rest of World:$145b in 2004$256b in 2014
DataPost
See PowerPoint file for country definitions and data source
Import values from China increased 137% from 2004 to 2014
=100 x (466.75-196.68) 196.68
For imports, the value reported is the U.S. Customs and Border Protection appraised value of
merchandise
China:$197b in 2004$467b in 2014
Source: Census Bureau & FRBSF CalculationsNote: Data are calendar-year totals of monthly, non-seasonally adjusted values
Annotated Chart NotesU.S. Imports by World Area and Selected Countries
2004 vs. 2014 Customs Value Totals ($billions)
www.frbsf.org/education/teacher-resources/datapost FRBSF Economic Education & Outreach
What Do You Think?1. How would you describe the change in Japanese import
totals from 2004 to 2014? (See slide 2)2. Imports from China increased 137% from 2004 to 2014. Over
the same time period, 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 2004 to 2014? (See slide 3)
4. What were the top three sources of U.S. imports in 2004? In 2014? (See slide 2)
Visit FRBSF.org to learn more about U.S. trade.
DataPost www.frbsf.org/education/teacher-resources/datapost FRBSF Economic Education & Outreach