Fiber Optic Cable Market - U.S. Fiber Optic Cable Exports Grew Steadily Over the Past Decade
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The U.S. takes an X% share (based on USD) of global exports on the fiber optic cable market, which put it in second place, following China (X%). In 2015, the U.S. exported X million USD, +X% over the previous year.
From 2007 to 2015, the U.S. fiber optic cable exports showed steady growth. There was an annual increase of +X% throughout the analysed period. In 2010, U.S. fiber optic cable exporters overcame the pre-recession level achieved in 2007.
As U.S. companies improved their positions on overseas markets, domestic manufacturers enjoyed a new growth driver.
In 2015, the main destinations of U.S. fiber optic cable exports were Canada (X%) and Mexico (X%). The share exported to Canada increased (+X percentage points), while the share sent to Mexico illustrated negative dynamics (-X percentage points) between 2007 and 2015.
From 2007 to 2015, the U.S. was a net exporter of fiber optic cable, except a small trade deficit in 2007. Moreover, exports grew faster than imports on average over the period under review.
Net US exports of fiber optic cable showed a positive trend over the period under review. In 2015, this industry ran a trade surplus of X million USD, approximately X% of gross exports.
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Source: IndexBox AI Platform
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