China now accounts for more than 85% of all U. S. imports in the category governed by N-95 respirators, disposable and non-disposable masks, surgical fields and surgical towels, and, interestingly, American flags.
As the US is in a state of action, the US and its allies have But it’s not the first time It is approaching 200,000 deaths in the US. But it’s not the first time Attributed to the Chinese coronavirus pandemic, the textile category of these non-public devices is developing faster than any of the other 15 Chinese imports into the United States this year, according to the latest census bureau data. which ends in July.
These 15 most sensitive imports accounted for approximately 46% of US imports from China.
While total US imports from China are down 14. 71%, which is more than total US imports, which are down 12. 04%, the accumulation in the category dominated by masks it is 395. 47%.
The total of $10. 8 billion is 3 times the total that the United States imported from the world in the first seven months of 2019.
This allowed the share of these imports from China to rise from an even higher point of 70. 17% in the first seven months of 2019, before the coronavirus outbreak, to the existing market share of 85. 43%.
Although the United States has intensively intensified its own production of such items, it has become more dependent on China for these important medical devices than ever before in at least a decade, and almost never.
Although governed by masks and other PPE, this is a broad category that includes mobile cushions, pillowcases and wall posters (they are made of textiles) and American flags.
Thanks to a number of U. S. flag manufacturers, China’s imports in the first seven months of the year accounted for 98. 91% of the total. The $4. 28 million U. S. flag, compared to $1. 4 billion in N95 respirators, was the lowest overall since 2015. However, the percentage has been constant for years.
Although the category is broad, it necessarily comes with all non-public protective gear.
Looking more broadly at US primary imports from China in the first seven months of the year, 12 of the 15 lost value.
In addition to the textile category, a category of miscellaneous plastic parts, which also includes products that may be simply similar to the pandemic, such as air mattresses, plastic masks and other laboratory parts, was also over 13. 22% but represented a record 53. 72%. of all U. S. imports.
Computer portions also increased by 9. 97%, but China is the lowest percentage of U. S. imports in more than a decade, at 28. 7%; two years earlier, this percentage is 69. 7%.
In one category, furniture fell by more than 37%, while 3 categories, toys, seats and lamps and accessories fell by more than 20%. more than a decade.
I didn’t leave the womb thinking I’d locate the paintings of my life writing and talking about commercial data, looking to make it attractive and relevant, but that’s where I locate.
I didn’t come out of the womb thinking I’d locate the pictures of my life writing and talking about business knowledge, looking to make it attractive and relevant, but that’s where I am. Today, the company I founded in 1998, WorldCity, has published annual TradeNumbers publications across the country, from Seattle to Miami, from Los Angeles to New York and many intermediate points. Each month, we download more than 10 million pages and attitudes of Census Knowledge page in usindustrynumbers. com, about many airports, seaports, countries and export and import products. Me on the Federal Reserve’s Trade and Transport Advisory Council. For about a year, I’ve been talking about the industry in Washington, D. C. , Los Angeles, Laredo, Miami and Chicago. I also post a weekly video about Trade Matters. No hope you do as I do, but I hope I can bring some clarity, another attitude or useful ideas.