|
EXPORTS,
IMPORTS, and TRADE BALANCE |
|
KEY
TRENDS |
- Foreign
demand for large civil aircraft diminished because of a depressed
global economy, anxiety caused by terrorism and viral infections,
and an abundance of economically viable used aircraft.
-
The increased U.S. trade surplus in aircraft engines and parts
was driven by a steep decline in imports of aircraft turbine
engines, resulting from a decline in U.S. large civil aircraft
production and the shrinking U.S. airline fleet.
-
The combined market share of the Big Three’s domestic
brands in 2003 slipped to a historical low–60.2 percent.
-
The growing trade deficit in motor-vehicle parts and engines
is driven in part by the extensive integration of the North
American automotive industry and the growth in U.S. vehicle
production by German and Japanese vehicle producers that source
engines and/or components from their respective home supplier
networks.
|
TRADE
SHIFTS in 2003 from 2002 |
|
LINKS |
USITC
PUBLICATIONS
Industry
and Trade Summary
Motor
Vehicles
Industry
Trade and Technology Review
Production-Sharing Update: Developments in 2002 (Motor Vehicles
and Parts)
Mexico's
Emergence as a Global Automotive Production Center Drives Trade
and Investment
OTHER
GOVERNMENT RESOURCES
U.S. Department of Commerce, International Trade Administration
Office of Aerospace
Office
of Automotive Affairs
U.S.
Department of Transportation, Federal Aviation Administration
FAA
Annual Aviation Forecasts
|
SECTOR
SHIFTS |
|
COUNTRY
SHIFTS |
|
|