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The Wire and Cable Technology Blog is the place for conversation and discussion about power cables; cable assemblies; cable manufacturing & testing; and cable ducts, trays and accessories. Here, you'll find everything from application ideas, to news and industry trends, to hot topics and cutting edge innovations. This blog is inspired by the Wire & Cable Technology newsletter from GlobalSpec, which you can subscribe to here.

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U.S. Fibers Boost Foreign Trade

Posted September 14, 2007 10:27 AM

Fiber-optic cable manufacturers claimed a gross profit of more than 18% in 2006. U.S. foreign trade exploded to a total of 118 countries, with the total export value up 36%. Shipments went to 114 countries: Mexico ($142M), followed by Canada ($88M). At the other end, the value of U.S. imported fiber optic merchandise reached almost half a billion dollars from 50 countries; a 45% increase. The top importing countries were Mexico ($245M), followed by China ($71M), and Japan ($39M). A complete report with 10 years of statistics and projections to 2008 is offered for sale.

The preceding article is a "sneak peek" from Wire & Cable Technology, a newsletter from GlobalSpec. To stay up-to-date and informed on industry trends, products, and technologies, subscribe to Wire & Cable Technology today.


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Guest
#1

Re: U.S. Fibers Boost Foreign Trade

09/26/2007 6:12 AM

China's entry into the WTO will dramatically cut import barriers

currently imposed on American products and services. This agreement

locks in and expands our access to a market of over one billion

people. China's economy is already among the world's largest and

over the past 20 years has expanded at a phenomenal annual rate of

nearly 10 percent. During this period, U.S. exports to China have

grown from negligible levels to over $14 billion each year.
China 's tremendous economic growth creates new opportunities and

challenges for U.S. businesses. Between 1978 and 2002, China's annual

GDP growth reached 9.4%, three times the world's average, and in

recent years (2001-2004) China accounted for one
third of global economic growth.
Welcome to AmeriChinaB2B( http://www.acb2b.com/ ) to begin your

business trip of China.

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