The total importing value for the year 2005 was $1,137,506,000. The top 5 importing countries were: China, $565,827,000 (49.74%); Mexico, $151,143,000 (13.29%); Germany, $127,477,000 (11.21%); Taiwan, $30,146,000 (2.65%); and Canada, $28,742,000 (2.53%). Their combined total represents approximately 79% of import from all countries.
The total exporting value for the year 2005 was $309,085,000. The top 5 exporting countries were: Canada, $134,097,000 (43.39%); Mexico, $38,154,000 (12.34%); Ireland, $31,339,000 (10.14%); United Kingdom, $13,712,000 (4.44%); and Japan, $10,618,000 (3.44%). Their combined total represents approximately 74% 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 $3,198,000,000.
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.