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NEWS RELEASE 98-018; APRIL 18, 1998 April 3, 1998
News Release 98-018

1996 MARKS FOURTH CONSECUTIVE U.S. TRADE SURPLUS FOR EXPLOSIVES, PROPELLANT POWDERS, AND RELATED ITEMS

The U.S. trade balance for explosives, propellant powders, and related items, which had a negative trade balance in 1992, showed a growing surplus from 1993 through 1996, reports the U.S. International Trade Commission in its publication Industry and Trade Summary: Explosives, Propellant Powders, and Related Items.

In 1996, the U.S. trade surplus in these products was $120 million, according to the report.

The ITC, an independent, nonpartisan, factfinding federal agency, recently released the report as part of an ongoing series of reports on the thousands of products imported into and exported from the United States. Following are other highlights of the report.

The foregoing information is from the ITC report Industry and Trade Summary: Explosives, Propellant Powders, and Related Items (USITC Publication 3081, March 1998).

ITC Industry and Trade Summary reports include information on product uses, U.S. and foreign producers, and customs treatment of the product being studied. They analyze the basic factors affecting trends in consumption, production, and trade of the commodities, as well as factors bearing on the competitiveness of the U.S. industry in domestic and foreign markets.

This report will be available on the ITC's Internet server (www.usitc.gov). A printed copy may be requested by calling 202-205-1809 or by writing the Office of the Secretary, U.S. International Trade Commission, 500 E Street, SW, Washington, DC 20436. Requests may also be faxed to 202-205-2104.

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