Monday, July 4, 2011

Fourth of July fireworks

Interesting trade balance fact: The U.S. produces about $300 million worth of flags (of all types) in a year, but imports $2.8 million worth of American flags from China

In 2010 the U.S. imported nearly $200 million worth of fireworks, almost all (96 percent) from China. More fireworks, $230 million, are produced in the U.S. than are imported, but the trade balance on fireworks is negative. Only $37 million worth are exported in an average year, mostly to Japan (16 percent).


Sources:
U.S. Census Bureau, Facts for Features

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