Modelling the long-run economic impacts of a stylised US tariff increase: technical paper
This paper uses the Scottish Government Computable General Equilibrium (CGE) model to assess the long-run economic impacts of a stylised 10% tariff increase by the United States on UK goods exports.
Annex D – US shares of trade
|
US share of trade in exports and imports |
Scotland |
UK |
Scotland |
UK |
|---|---|---|---|---|
|
CGE sector |
US share of exports within division |
US share of exports within division |
US share of imports within division |
US share of imports within division |
|
Chemicals |
28.4 |
20.1 |
26.8 |
12.5 |
|
Electronics |
17.8 |
17.3 |
17.1 |
9.0 |
|
Mining |
16.6 |
3.5 |
23.7 |
6.3 |
|
Machinery |
15.6 |
18.1 |
15.0 |
8.5 |
|
Food and drink |
13.3 |
10.4 |
3.8 |
1.9 |
|
Textiles |
12.7 |
9.7 |
13.4 |
5.1 |
|
Metals |
9.1 |
13.7 |
9.0 |
5.8 |
|
Agriculture |
9.0 |
11.1 |
4.5 |
3.0 |
|
Utilities |
8.5 |
4.7 |
0.9 |
9.0 |
|
Transportation |
- |
15.4 |
- |
5.5 |
Contact
Email: economic.statistics@gov.scot