Federal Register - November 8, 2021
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Source: Federal Register
62052
Federal Register / Vol. 86, No. 213 / Monday, November 8, 2021 / Notices
penetration from Mexico where light trucks are largely produced for the U.S.
market. In 2017, imports from Mexico represented over 96 percent of the
PARfNER
Share of Total
832,755
-
NAFfA
801,486
96.25%
30,029
3.61%
771
0.09%
18,346,921,785
NAFfA
17,903,922,414
97.59%
423,727,370
2.31%
EU
13,294,493
0.07%
Japan
Japan
Number of Vehicles
WORLD
WORLD
EU
overall volume and value of light truck imports into the United States.
Australia
2,482,036
0.01%
China
174
0.02%
China
1,431,528
0.01%
Australia
141
0.02%
Rest of World
2,063,944
0.01%
Rest of World
154
0.02%
Source: Department of Commerce, Census Bureau.
In contrast, because U.S. imports of passenger vehicles are subject to a low 2.5 percent tariff, or zero tariff from FTA
countries,85 there is significant import penetration in this segment. By both volume and value, Mexico, Canada,
PARTNER
Japan, South Korea and the EU account for over 97 percent of the overall U.S.
import volume of passenger vehicles.
Number of-Vehicles
Share of Total
WORLD
7,439,085
-
NAFTA
3,469,812
46.64%
24.45%
Japan
1,724,986
23.19%
22.93%
EU
1,129,918
15.19%
929,418
12.49%
58,341
0.78%
126,610
1.70%
WORLD
173,401,603,660
NAFTA
71,539,846,876
41.26%
EU
42,390,368,052
Japan
39,767,834,407
Kore-a
15,731,917,446
9.07%
China
1,454,246,687
0.84%
China
RestofWorld
2,517,390,192
1.45%
Rest of World
Korea
Source: Department of Commerce, Census Bureau.
For every automobile market segment, moreover, the U.S. market has witnessed an acceleration in imports over the past five years. TEXT
REDACTED.86 In 2017, imports of automobiles by foreign-owned manufacturers in the United States accounted for TEXT REDACTED of
total import volume, whereas imports by American-owned manufacturers accounted for TEXT REDACTED of the import volume.87
85 Id.
86 U.S.
2014
2015
2016
1
J
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Producers Survey Responses, Question
87 Id.
4b.
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Source: U.S. Producers Survey Responses, Question 4b.
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Table 7: Volume of U.S. Imports of Automobiles by Vehicle Segment
