Economic Program | Infographic
America's Shrinking Slice
Over the last decade, American exports to the Asia-Pacific region have steadily increased. Great, right? But over that same period, our share of the rapidly growing Asia-Pacific market has declined by about 43%. This “shrinking slice” has cost the U.S. economy hundreds of billions of dollars in trade and untold numbers of jobs.
In this infographic, we illustrate how, in 2020 alone, leading Asia-Pacific economies will import almost $10 trillion in goods – expanding the economic pie and creating enormous opportunities for American exporters and workers.
But America faces serious challenges in Asia, most notably a growing number of regional trade deals that shut out U.S. exports.
For a more in-depth look at this tantalizing but tenuous opportunity, read our new report: Boatloads of Growth: Recapturing America’s Share of Asia Pacific Trade.
JPG images of this infographic are available on Flickr.