Wednesday, July 23, 2014

Bilateral graph - Trade deficits with China





 

This graph displays the U.S. trade relationship with China from 2006 to 2010, specifically focusing on trade deficits in clean energy products.  The graph is considered bilateral because it displays two (or more – in this case, three) sets of data.  The blue bar represents exports, the green bar represents imports and the red bar represents trade balance.  It is easy to see that trade between the U.S. and China has become more and more unbalanced during this time frame because the red bar has grown in the negative direction while the green bar (imports) has grown in the positive direction.  This means that the U.S. has imported much more from China than China has from the U.S. in clean energy products. 

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