Multinational Companies in United States International Trade: A Statistical and Analytical Sourcebook

By F. Steb Hipple | Go to book overview

CHAPTER 16
CRUDE MATERIALS TRADE

Crude Materials exports and imports includes one-sixth of all Non-Manufactures trade, and is the third largest category. The product group includes 6.3% of total merchandise trade, ranking seventh. In affiliate related trade, multinational companies are involved in 50% of Crude Materials trade, compared to 52% for all Non-Manufactures. Wholesale affiliates are the dominant industry group, accounting for nearly one-third of all Crude Materials trade.


DEFINITION OF CRUDE MATERIALS PRODUCTS

As defined by the Bureau of Economic Analysis, the "Crude Materials" foreign trade classification consists of products in the SITC 2 category. Crude Materials trade includes the following products [BEA 1990 21]:

Crude Materials, Inedible, Except Fuels(SITC code 2)
Raw hides, skins, and furskins
Soybeans, other oil seeds, and oleaginous fruit
Crude rubber, natural, synthetic, and reclaimed (exclude compounded, semiprocessed, and finished rubber products)
Cork, natural, raw, and waste
Fuelwood and wood charcoal
Pulpwood (particles, chips, wood waste, logs and bolts, poles, pilings and posts)

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