Over the last four quarters (from the second quarter 2007 to the second quarter 2008), the major contributors to the 11.8-percent growth in inflation-adjusted exports of goods were industrial supplies and materials; capital goods, except automotive; and automotive, consumer, and other goods. Industrial supplies and materials, which accounted for about 36 percent of growth, includes both manufactured products (such as refined petroleum products, iron and steel products, and plastics) and non-manufactured products (such as raw cotton, coal, and logs). Capital goods, except automotive, which accounted for about 34 percent of growth, includes manufactured goods such as aircraft, semiconductors, and machinery. Automotive, consumer, and other goods accounted for about 22 percent of growth. Foods, feeds, and beverages, which accounted for about 8 percent of growth, includes both manufactured products (such as wine, beer, and other beverages and processed food) and non-manufactured products (such as soybeans, corn, and wheat).
The information underlying the U.S. trade statistics for goods are classified by type of product or commodity. Using information from BEA's input-output accounts, manufacturing products' share of total goods exports for the most recent period was about 93 percent, agricultural products' share was about 5 percent, and mining products' share was about 2 percent. The detailed product types that make up exports of goods are found on table 2a (U.S. Trade in Goods) in BEA's International Transactions Accounts. See link: http://www.bea.gov/international/bp_web/list.cfm?anon=71®istered=0.
Published