|
« from previous page
U.S.-Arab commercial relations in the long run, particularly in light of burgeoning energy needs in China and India.
Finally, business leaders in the Arab world are closely monitoring domestic politics in the United States. They are waiting to see how the Democratically-controlled Congress will deal with new Free Trade Agreements (FTAs) in the Arab world, for example, as well as the President’s ability to retain Trade Promotion Authority.
2007: The Best Year Ever?
The new year is shaping up to break all records in U.S. merchandise exports to the Arab world. If U.S. companies generate $45 billion in merchandise exports to the region, as expected, that will sustain at least 364,000 direct and indirect U.S. manufacturing jobs at a time of growing economic uncertainty in the United States.
“The bottom line is that the Arab world remains one of America’s best export markets,” says David Hamod, NUSACC’s President & CEO. “If the early numbers are any indication, 2007 promises to be a banner year for U.S. companies doing business with the region.”
|
This second annual Special Report, 2007 Outlook: U.S. Exports on Track to Reach $45 Billion, analyzes all 22 nations of the Arab world (including the fledgling “nation” of Palestine). The report is ordered from the largest importer of U.S. merchandise exports (UAE) to the smallest.
The major markets present two charts to identify 2007 market opportunities. The “Top Ten” pie chart focuses on sectors responsible for most U.S. merchandise export revenues. Common categories across many countries include high value- added manufactured goods such as automobiles, aircraft, industrial machinery, and foodstuffs.
The “Sectors to Watch” table focuses on fast-moving categories that have a high potential for the coming year. These may include niche-products such as recreational equipment or musical instruments. This table is included because NUSACC believes these sectors should be of special interest to small and medium sized enterprises in the United States that serve international niche product markets.
|
|
US-Arab Tradeline
Research, quantitative analysis and forecast support provided by
The Institute for Research:
Middle Eastern Policy, Inc. (IRmep)
Designed and produced by
Rick Clark Illustration & Design
|
|
|
COMOROS
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
|
PALESTINE
|
$0.01
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
|
SOMALIA
|
$0.00
|
$0.01
|
$0.01 |
$0.01
|
$0.01
|
$0.01
|
$0.02
|
$0.02
|
|
DJIBOUTI
|
$0.02
|
$0.02
|
$0.06 |
$0.03
|
$0.04
|
$0.05
|
$0.05
|
$0.03
|
| MAURITANIA |
$0.02 |
$0.03 |
$0.02 |
$0.03 |
$0.08 |
$0.09 |
$0.09 |
$0.03 |
| SUDAN |
$0.02 |
$0.02 |
$0.01 |
$0.03 |
$0.07 |
$0.10 |
$0.08 |
$0.04 |
| SYRIA |
$0.23 |
$0.23 |
$0.27 |
$0.21 |
$0.21 |
$0.16 |
$0.22 |
$0.22 |
| YEMEN |
$0.19 |
$0.19 |
$0.37 |
$0.20 |
$0.23 |
$0.22 |
$0.26 |
$0.28 |
| TUNISIA |
$0.29 |
$0.28 |
$0.20 |
$0.17 |
$0.26 |
$0.26 |
$0.36 |
$0.43 |
| BAHRAIN |
$0.45 |
$0.43 |
$0.42 |
$0.51 |
$0.30 |
$0.35 |
$0.49 |
$0.66 |
| LIBYA |
$0.02 |
$0.01 |
$0.02 |
$0.00 |
$0.04 |
$0.08 |
$0.43 |
$0.69 |
| LEBANON |
$0.35 |
$0.42 |
$0.32 |
$0.31 |
$0.46 |
$0.46 |
$0.93 |
$0.99 |
| OMAN |
$0.20 |
$0.31 |
$0.36 |
$0.32 |
$0.33 |
$0.59 |
$0.85 |
$1.09 |
| JORDAN |
$0.31 |
$0.34 |
$0.40 |
$0.49 |
$0.55 |
$0.64 |
$0.65 |
$1.13 |
| MOROCCO |
$0.52 |
$0.29 |
$0.57 |
$0.47 |
$0.52 |
$0.53 |
$0.88 |
$1.17 |
| ALGERIA |
$0.87 |
$1.05 |
$0.98 |
$0.49 |
$0.97 |
$1.16 |
$1.10 |
$1.55 |
| KUWAIT |
$0.79 |
$0.91 |
$1.01 |
$1.51 |
$1.52 |
$1.97 |
$2.13 |
$1.69 |
| IRAQ |
$0.01 |
$0.05 |
$0.03 |
$0.32 |
$0.86 |
$1.37 |
$1.49 |
$2.08 |
| QATAR |
$0.19 |
$0.34 |
$0.31 |
$0.41 |
$0.45 |
$0.99 |
$1.33 |
$2.43 |
| EGYPT |
$3.33 |
$3.78 |
$2.87 |
$2.66 |
$3.11 |
$3.17 |
$4.10 |
$4.43 |
| SAUDI ARABIA |
$6.23 |
$5.97 |
$4.78 |
$4.60 |
$5.25 |
$6.83 |
$7.88 |
$11.54 |
| UAE |
$2.29 |
$2.64 |
$3.60 |
$3.51 |
$4.06 |
$8.48 |
$11.92 |
$14.75 |
|
