The Cutting Edge™ - June 2004International Business DevelopmentU.S. Import and Export Trade Statistics By Harold Zassenhaus, WMMA(R) Export Director ( zemg@erols.com ) The following is a summary of major trends of U.S. exports and imports for the first quarter 2004. Statistics are reported for all woodworking equipment and its three component parts: machines, cutting tools and, accessories and parts. (WMMA members: to view detailed tables on U.S. imports and exports of machinery, cutting tools and parts and accessories, click here. You will need your user name and password. If you don't have one or forgot it, contact WMMA Headquarters at 215-564-3484 or email wmma@fernley.com. Harold Zassenhaus is available to provide U.S. export and import data on specific product categories. For more information, contact him at (301) 652 0693; fax (301) 986 1389 or e-mail: zemg@erols.comExports Although the numbers are very small, shipments to Singapore and Malaysia jumped tremendously, hopefully indicating a reversal in exports to the region. Sales to most of Europe however, remained very soft, with exports decreasing to Germany (our 8th largest market) and Italy (our 16th). The following chart highlights the value and percentage changes in exports to the industry's major trading regions of the world. January - March
Imports The significant increase in imports from South America was attributable to Brazil's shipments of over $2.9 million. The decline in shipments from Europe was largely attributable to a 35% decrease in shipments from Italy. Imports from Germany and Austria were up. The following chart highlights the value and percentage changes in imports from the industry?|s major trading regions of the world. January - March
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