30 July 2013
30 July 2013
Exchange Rate Perspectives: FX and the Financial Transaction Tax
U.S Exports-Imports by Commodity
Figure16: U.S. Trade Balance Excluding China & Figure 17: U.S. Trade Balance - Advanced Technology
Petroleum (Monthly & Annual Balance)
Onblin.bnnly IUSSunlioa64
-10
-15 An n u4i11181 nn )(Inn
-60
-100 2
450 0
2
-25 I-250 6
-30 -300
-35 -350 -12
.14
-40 n -400 19114 1996 1996 2000 2002 2064 2006 24:0B 2010 2012
1994 1996 1999 2000 2002 2004 2006 2009 2010 2012 Month he item
lben0
Annuouun
pine)
'Figure 18: U.S. Trade Balance - Petroleum Products
U
-5
-10
-15
.20
-25
.so
35
-40
45 61•1111ounthb .6 bill lbws) ArlOWSIUSS
1994 1996 1998 2000 2002 2004 2006 2009 2010 2012
San S ten OeS 00
40
20
0
-40
60
10)
.120
Figure 19: U.S. Trade Balance - Consumer Goods
U
-60
-103
-150 •I0 o
-100
460 -200 45
-250 -200
-20 -300 -250
-350 -25 IIIIIMINionOt iv% bn.)
lbws) -300
400 -30 AnOvilICUTS WO MAO -350
450 .05 -400 -500 1994 1096 2030 20te 2004 2006 20126 3.010 2012 1995
Sant Osegamon
'Figure 20: U.S. Trade Balance - Capital Goods :Figure 21: U.S. Trade Balance - Industrial Supplies
IMO MantUvIUSS bnillaars1
1994 1996 19913 2000 2002 2004 2006 2068 2010 2012
SourvaS Annual(USS bn 111nel
-30 0
-10 50
40
30
20
10
-25 -250
Montt 1USS On) -33 -300 11368
-35 -360 AnnuallUSSOn/line/
-20 40 .4120
-45 -450
1994 19% 1998 2000 2002 2004 2006 2008 2010 2012 -5
-10
-15
-20 .50
-10)
-150
-200
Page 42 Deutsche Bank Securities Inc.
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