THE AUTO INDUSTRY IS AMERICA'S LARGEST EXPORTER

 

Automakers and their suppliers are America’s largest exporters, beating the next best-performing industry by nearly $36 billion in exports over the past ten years.

 

Top Five U.S. Exporters by Industry (2018, in billions)

 

The automotive sector represents the nation’s No. 1 export industry and is responsible for driving job creation and economic growth across the country. The U.S. automotive sector has seen its exports rise by 76% since 2009.

Each year, Ford, General Motors and Stellantis export about 1 million American-made vehicles to more than 100 different foreign markets. This is further evidence of the economic significance of U.S. exports to job creation.

Increased exports have far reaching impacts on the economy overall. Ford, General Motors and Stellantis produce more of their vehicles, buy more of their parts, conduct more of their research and base more of their workers in the United States than their competitors. These differences represent billions of dollars in investment and purchases, representing millions of American jobs.

Automaker and Supplier Exports (in billions)

 

The U.S. automotive sector has seen its exports rise by 76% since 2009.

 

 

  • Auto industry gets tough on Japan in trade agreement talks

    The American Automotive Policy Council, a trade group representing the Big Three automakers, is pushing back hard against Japan's new place at the negotiating table for one of the most comprehensive free-trade deals in years.

    Initially conceived as an 11-country bloc when it was announced in Nov. 2011, the Trans-Pacific Partnership agreement aims to create a free-trade group with countries such as Vietnam, New Zealand and Malaysia. In July, during the 18th round of negotiations, Japan joined the talks, and the countries involved ambitiously hope to wrap up the discussions in October.

  • Auto industry gets tough on Japan in trade agreement talks

    The American Automotive Policy Council, a trade group representing the Big Three automakers, is pushing back hard against Japan’s new place at the negotiating table for one of the most comprehensive free-trade deals in years.

    Initially conceived as an 11-country bloc when it was announced in Nov. 2011, the Trans-Pacific Partnership agreement aims to create a free-trade group with countries such as Vietnam, New Zealand and Malaysia. In July, during the 18th round of negotiations, Japan joined the talks, and the countries involved ambitiously hope to wrap up the discussions in October.

  • Trade Treaty Concerns Surface

    A proposed international trade treaty involving Pacific nations including Japan could threaten the domestic auto recovery here and in other industrial Midwestern states if it isn't smartly negotiated, the Big Three U.S. auto companies and Ohio senators Rob Portman and Sherrod Brown said.

  • Jobs in Michigan require a level playing field for trade

    The city of Detroit has temporarily tapped out. In this case, municipal bankruptcy is more than just relief from debt obligations; it represents a huge psychic wound for the heart of American industry. Michigan makes things. So how could it have gotten this rough?

    It’s bad, but there is hope. The Big Three, only a few years out of their deathbeds, are back in the black. GM, Ford, and Chrysler have produced profits that measure in the billions, despite the prewritten obituaries that appeared in 2009.

    Despite their turnaround, the Big Three still face significant hurdles in getting their goods into Japan, and face import competition subsidized by currency manipulation. In fact, imports from all countries, including the U.S., account for only 6 percent of Japan’s auto market. Meanwhile, America has one of the most open auto markets in the world.