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Industrial Gas Manufacturing Industry in the U.S. and its Foreign Trade
added: 2007-02-21

The industry’s revenue for the year 2005 was approximately $7,290,000,000. The gross profit was 45.52% at $3,318,408,000. There were 516 establishments in this industry that year. Thus, average contribution (or revenue) per establishment annually was $14,137,000.

The total import export value for the year 2005 was $421,348,000. The top 5 trading countries were: Canada, $79,722,000 (18.92%); Japan, $44,106,000 (10.47%); Mexico, $37,897,000 (8.99%); United Kingdom, $36,789,000 (8.73%); and China, $27,697,000 (6.57%). Their combined total represents approximately 54% of all imports and exports.

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.


Source: Business Wire

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