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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.

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Anonymous Poster
#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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