The total importing value for the year 2005 was $168,237,000. The top 5 importing countries were: Canada, $40,016,000 (23.79%); Netherlands, $22,155,000 (13.17%); France, $21,792,000 (12.95%); United Kingdom, $17,791,000 (10.57%); and China, $16,224,000 (9.64%). Their combined total represents approximately 70% of import from all countries.
The total exporting value for the year 2005 was $253,111,000. The top 5 exporting countries were: Japan, $41,393,000 (16.35%); Canada, $39,706,000 (15.69%); Mexico, $31,469,000 (12.43%); Korea, $20,479,000 (8.09%); and United Kingdom, $18,998,000 (7.51%). Their combined total represents approximately 60% of export to all countries.
Adding the import and subtracting the export, the total U.S. consumption value of this industry for the year was $7,205,000,000.
The U.S. manufacturing sector is expected to hit the monumental 5 trillion dollars net sales in 2006. U.S. economists have projected another 5% to 7% growth in the year 2007.