Trade Integrates the Global Production System

The U.S. Is Losing Export Market Share

U.S. exports of manufactured goods face strong competition in many markets and particularly from China, which has become a leading exporter in chemicals, textiles, office and telecommunications equipment, and electronic products.

The U.S. share of global manufactured exports declined from 14% in 2000 to 9% in 2013, while China’s rose from 5% to 18%; the EU share slipped from 16% to 15%. Thus, although U.S. exports in manufactured goods have grown steadily in recent years, we have lost market share to even more rapidly growing exports from China and other emerging markets.