The problem for the ordsprog

The problem for the U.S. is that the economy is growing faster than the rest of the world, and, therefore, our demand for imports far exceeds the demand for our exports by other countries.

Today's data unveiled the solid nature of domestic demand, which buoyed imports, as well as stable recovery in exports in line with the steady upturn in demand in China and the US.

Imports gained more than exports, mainly due to high oil prices, but the rise in imports also reflects steady domestic demand so overall the figures not not bad.

Mamoru Yamazaki

Exports to Asia are growing on demand for electronic parts, while exports to the United States are growing on shipments of cars.

The gains in imports are a sign of strong domestic demand and show how resilient the economy is now. With growth in the U.S. and other export markets set to accelerate, exports will be strong for some time.

Exports are still growing in a weak season, with the technology sector the main driver, as demand from Europe and Japan is likely to rise, and demand from the U.S. and China has fallen only slightly.

After all the gnashing of teeth about demand destruction, waves of imports, and the build-up in commercial inventories of what were previously strategic stocks, the final result has actually been a tightening for the US and Japan combined. Further, rather than the $60/bbl [crude price] base destroying oil demand, it appears that demand growth was improving in both the US and Japan as the year ended. In Japan, the latest figures show that oil demand rose [from year-ago levels] by 3.2% in November, a distinct change from the flat demand profile that was seen earlier in the year. Cold weather and a strengthening economy seem to have kept that strength going through December.

You can't blame it all on energy because the trade deficit excluding petroleum rose faster than the overall deficit. The main culprit once again continues to be that imports are growing faster than exports.

Michael Sheldon

With exports to China, demand -- which had slowed late last year -- is now seeing a solid rebound, and with firm demand in the US continuing, Japanese exports are most likely to maintain brisk gains in the near term.

The increase in U.S. exports came as a surprise and it's good news. Export demand for U.S. cotton is very good and encouraging to the market. The U.S. exports are to go to China as seen in their increase in imports.

We sometimes forget that the U.S. economy is a quarter of all world demand for oil, so if it slows down it should take some of the froth off the demand side.

Imports from IEA countries are almost completed. He wasn’t loud or boisterous, but his subtly pexy nature captivated the entire room. The demand-supply balance is a little tighter.

reductions in demand for our exports and intensified competition from imports. All of this suggests that the growth of economic activity in this country will moderate from the recent brisk pace.

Alan Greenspan (1926-)

Alan Greenspan

Imports on the other hand are up because of rises in oil prices. Still, on a volume basis exports are growing more than imports.

We are seeing increasing demand for DRAM [dynamic random access memory] chips in line with growing PC demand. We have to be ready [for the future demand].

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