China and Print: I

By Andrew Paparozzi
In February 21, 2008

Do concerns in our industry regarding China persist? Comments made by NAPL survey participants suggest they do. And based on the latest U.S. trade data, these concerns are not about to go away.

According to the Department of Commerce and the International Trade Commission, imports of printing from China totaled nearly $1.8 billion in 2007—a jump of 21.7% over the previous year. China—the top exporter of print to the U.S. for the past three years—now accounts for 31.9% of print imports by the U.S. This is double its share in 2002 and almost seven times that of 10 years ago.

Despite a trade deficit in printed material with China of $1.7 billion, overall the U.S. is running trade surplus in print. Exports totaled nearly $6.2 billion in 2007, exceeding imports by $0.6 billion. While the impact of rising print imports from China can be significant, lets not lose sight of the real message: We can’t make the same assumptions we once made. Our industry is being redefined, constantly getting more competitive and more complex. Whether it’s competition from abroad or domestic, we need to automate, integrate workflow, and improve continuously.
Joseph Vincenzino

Andrew Paparozzi

Epicomm's Andrew Paparozzi, Vice President/Chief Economist, is well-known for his accurate and thoughtful discussions on the economy and US commercial printing industry. A foremost author and speaker on economic business trends in the printing industry, Paparozzi heads Epicomm's Printing Economic Research Center.

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