Net Domestic Imports By Industry

Hello, One way (not sure whether it’s the easiest or best way) to get domestic imports for an industry: In Explore>Social Accounts>IxC Social Accounting Matrix, find the cell that is in the Industry column and Domestic Trade row. That is domestic imports by all industries (not by institutions, though). If you want this by industry, you will need to export the “Industry Detail SAM File” from that table, and look up the industry breakout of that value, as well as institutional values. Note that this doesn't provide any commodity detail, however. V3 has no direct means of showing domestic import by commodity. If you have a U.S. Total file you can derive that figure by identifying Gross Commodity Demand in your local model (Explore Social Accounts>Commodity Summary), remove the share of that which is foreign imports, which is estimated as the same as the national share of foreign imports for that commodity (i.e. if the USA imports 10% of grains, every region within the US imports 10% of grains). Then from that number, subtract Local Commodity Demand (Customize > Trade Flows > Trade Model tab > Local Use of Local Supply), and that is an estimate of domestic imports by commodity. As regards the negative foreign export value, which industry region and data year are you using when you see the negative foreign export value? We be happy to dig deeper and let you know what is driving that with a little more information.

Hello, It is indeed somewhat strange to think of negative exports. What this indicates is positive imports. This value is a net value, meaning that if it is positive, international visitors to the U.S. spent more money here than U.S. citizens spent abroad – i.e., we “exported” more U.S. goods to international visitors than U.S. citizens “imported” from abroad. If it is negative, the opposite is true – U.S. citizens spent more money abroad than international visitors spent in the U.S. – i.e., we “imported” more foreign goods than we “exported” to foreign visitors. This figure has historically been positive, so it made sense at the time to just always put the value into Foreign Exports. However, since we are now seeing negative values here, we plan to change IMPLAN so that it puts this value into Foreign Imports if negative so as to avoid this confusion. In that case, the value in the Foreign Exports cell will be 0 since this is a net figure – i.e., there will either be a value in Foreign Imports or Foreign Exports, but not both. We hope this helps