Federal Register - November 8, 2021
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Source: Federal Register
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Federal Register / Vol. 86, No. 213 / Monday, November 8, 2021 / Notices
Figure 12: U.S. Deficit in Automobiles with Trading Partners
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Source: Department of Commerce, Census Bureau.
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This trade deficit underscores the significant disadvantage that U.S.
automobile producers have internationally as a result of protected markets abroad. In 2017, manufacturers in the United States exported 2.0
million units $56.9 billion U.S. dollars compared to imports of automobiles from abroad of 8.3 million units $191.7
billion U.S. dollars.80
From 1985 to 2017, overall imports of automobiles from all countries almost
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of Commerce, Census Bureau.
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doubled from 4.6 million units to 8.3
million units, representing an increase from 30 percent of U.S. market share in 1985 to 48 percent in 2017 as shown in Figure 13.81 As noted above, of the remaining 52 percent of U.S. market share, foreign-owned U.S.
manufacturing operations account for 30
percent and American-owned U.S.
manufacturing operations account for the remaining 22 percent. The fact that imports and foreign-owned production of automobiles in the United States
81 Wards Intelligence InfoBank; Department of Commerce, Census Bureau.
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accounted for 32 percent of the U.S.
market share in 1985 but now hold 78
percent of the U.S. market, and the fact that American-owned automobile production in the United States declined by 6.3 million units over the same period from 11.0 million units to 4.6 million units, underscores the displacement of American-owned production in the United States by imports and by foreign-owned manufacturers U.S. production.82
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