U.S. Trade Deficit in Manufactures Up 16% in the 3 rd Quarter Chinese Surplus Flat Presented by: Ernest H. Preeg, Ph.D. Senior Advisor for International Trade and Finance

$billions Percent Change From rd Quarter rd Quarter 2015 United States Exports Imports Trade Deficit China Exports Imports Trade Surplus Table 1 – U.S. and Chinese Global Trade in Manufactures 3 rd Quarter 2014/2015* *SITC 5-8 Source(s): U.S. Census, FT-900, and China’s Customs Statistics (Monthly Exports and Imports)

$billions Percent Change From Quarters Quarters 2015 United States Exports Imports1,2931,343+4 Trade Deficit China Exports1,6141,588-2 Imports Trade Surplus Table 2 – U.S. and Chinese Global Trade in Manufactures First Three Quarters 2014/2015 Source(s): U.S. Census, FT-900, and China’s Customs Statistics (Monthly Exports and Imports)

$billions ExportsImportsBalance Japan Singapore Australia Malaysia Vietnam New Zealand21+1 Brunei Asian Countries Canada Mexico Chile83+5 Peru Western Hemisphere Countries Total World8651, Table 3 – U.S. Trade in Manufactures With TPP Participants, January-September 2015 Source(s): U.S. Census, FT-900