Related-Party Trade Fell to 40.5% of Total Trade in 2011
Related-party trade accounted for 40.5% of total goods trade in 2011, according to a report by the Census Bureau, an absolute increase of 14.6% but a relative decrease from 40.8% to 40.5% as a percentage of total trade. Census said…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
related-party trade accounted for about 48.3% of consumption imports and about 28.9% of total exports. Related-party trade includes trade by U.S. companies with their subsidiaries abroad as well as trade by U.S. subsidiaries of foreign companies with their parent companies.Computer and electronic products, transportation equipment, and chemicals were the top three goods categories for both directions of trade.