Table 7.1.—Investment Outlays, Country of Ultimate Beneficial Owner by Industry of U.S. Business Enterprise, 1997

[Millions of dollars]

	All industries	Petroleum	Manufacturing						Wholesale trade	Retail trade	Depository institutions	Finance, except depository institutions	Insurance	Real estate	Services	Other industries
			Total	Food and kindred products	Chemicals and allied products	Primary and fabricated metals	Machinery	Other manufacturing
	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)	(13)	(14)	(15)	(16)
All countries	69,708	762	19,603	1,949	4,539	1,327	4,788	7,000	2,612	435	3,547	7,019	8,526	4,119	12,187	10,898
Canada	11,755	(/D/)	3,859	(/D/)	(/D/)	(/D/)	542	1,551	495	0	5	964	(/D/)	963	1,296	3,950
Europe	44,014	653	13,237	1,390	3,132	1,050	3,237	4,428	1,927	(/D/)	(/D/)	5,348	8,380	2,075	8,033	601
Austria	(/D/)	0	(/D/)	0	0	0	(/D/)	(/D/)	1	0	0	0	0	2	0	0
Belgium	211	0	(/D/)	0	0	0	(/D/)	(/D/)	0	(/D/)	0	0	0	0	113	0
Denmark	149	0	146	0	0	0	(/D/)	(/D/)	0	0	0	0	0	0	0	4
Finland	(/D/)	0	(/D/)	(/D/)	0	0	(/D/)	(/D/)	2	0	0	0	0	0	0	0
France	2,578	0	443	0	0	(/D/)	(/D/)	183	(/D/)	(/D/)	1	(/D/)	0	0	1,806	(/D/)
Germany	6,464	0	3,402	0	(/D/)	3	(/D/)	1,355	1,369	1	0	(/D/)	(/D/)	916	362	(/D/)
Ireland	1,740	0	84	(/D/)	0	4	0	(/D/)	(/D/)	0	(/D/)	0	(/D/)	0	(/D/)	(/D/)
Italy	(/D/)	0	(/D/)	(/D/)	0	(/D/)	(/D/)	0	0	2	0	3	0	31	0	0
Liechtenstein	5	0	0	0	0	0	0	0	0	0	0	0	0	5	0	0
Luxembourg	(/D/)	0	0	0	0	0	0	0	0	0	0	0	0	(/D/)	0	0
Netherlands	10,244	107	969	(/D/)	(/D/)	(/D/)	(/D/)	272	64	0	(/D/)	(/D/)	(/D/)	208	(/D/)	(/D/)
Norway	(/D/)	(/D/)	(/D/)	0	(/D/)	0	0	2	0	0	0	0	0	0	0	2
Spain	(/D/)	0	(/D/)	0	0	0	0	(/D/)	0	0	0	0	0	4	0	0
Sweden	2,712	(/D/)	712	0	(/D/)	(/D/)	567	(/D/)	1	0	0	0	0	(/D/)	(/D/)	2
Switzerland	6,745	0	1,572	(/D/)	(/D/)	(/D/)	4	60	(/D/)	0	0	(/D/)	(/D/)	(/D/)	(/D/)	0
United Kingdom	11,834	0	5,062	(/D/)	1,176	(/D/)	1,194	1,844	188	256	(/D/)	(/D/)	(/D/)	155	3,221	(/D/)
Other	(/D/)	(/D/)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Latin America and Other Western Hemisphere	924	(/D/)	(/D/)	0	(/D/)	0	(/D/)	(/D/)	(/D/)	4	0	(/D/)	0	(/D/)	(/D/)	(/D/)
South and Central America	166	(/D/)	(/D/)	0	(/D/)	0	0	(/D/)	(/D/)	4	0	0	0	24	(/D/)	(/D/)
Brazil	(/D/)	0	0	0	0	0	0	0	0	0	0	0	0	(/D/)	(/D/)	0
Mexico	72	0	(/D/)	0	0	0	0	(/D/)	(/D/)	4	0	0	0	(/D/)	(*)	(/D/)
Panama	(/D/)	0	0	0	0	0	0	0	0	0	0	0	0	0	(/D/)	0
Venezuela	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other	41	(/D/)	(/D/)	0	(/D/)	0	0	0	0	0	0	0	0	5	0	0
Other Western Hemisphere	758	0	(/D/)	0	0	0	(/D/)	(/D/)	0	0	0	(/D/)	0	(/D/)	(/D/)	(/D/)
Bahamas	(/D/)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(/D/)
Bermuda	(/D/)	0	(/D/)	0	0	0	(/D/)	(/D/)	0	0	0	0	0	(/D/)	0	0
Netherlands Antilles	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
U. K. Islands, Caribbean	109	0	0	0	0	0	0	0	0	0	0	(/D/)	0	0	(/D/)	0
Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Africa	(/D/)	0	0	0	0	0	0	0	(/D/)	0	0	(/D/)	(/D/)	4	0	0
South Africa	26	0	0	0	0	0	0	0	(/D/)	0	0	0	(/D/)	4	0	0
Other	(/D/)	0	0	0	0	0	0	0	0	0	0	(/D/)	0	0	0	0
Middle East	847	0	(/D/)	0	0	0	(/D/)	(/D/)	0	0	0	(/D/)	0	(/D/)	(/D/)	(*)
Israel	132	0	(/D/)	0	0	0	0	(/D/)	0	0	0	0	0	(/D/)	(/D/)	0
Kuwait	3	0	0	0	0	0	0	0	0	0	0	3	0	0	0	(*)
Lebanon	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Saudi Arabia	55	0	0	0	0	0	0	0	0	0	0	(/D/)	0	(/D/)	0	0
United Arab Emirates	(/D/)	0	0	0	0	0	0	0	0	0	0	0	0	(/D/)	0	0
Other	(/D/)	0	(/D/)	0	0	0	(/D/)	0	0	0	0	0	0	(/D/)	0	0
Asia and Pacific	11,786	0	1,425	(/D/)	261	(/D/)	(/D/)	520	181	(/D/)	(/D/)	282	0	682	2,746	6,255
Australia	7,600	0	250	(/D/)	(/D/)	3	0	177	(/D/)	0	0	(/D/)	0	0	(/D/)	5,250
China	4	0	0	0	0	0	0	0	2	0	0	0	0	2	0	0
Hong Kong	280	0	0	0	0	0	0	0	6	3	0	5	0	(/D/)	(/D/)	(/D/)
Indonesia	(/D/)	0	(/D/)	0	0	0	0	(/D/)	0	0	0	0	0	0	0	0
Japan	2,326	0	924	(/D/)	158	(/D/)	376	310	60	(/D/)	0	181	0	376	584	(/D/)
Korea, Republic of	77	0	22	0	0	(/D/)	(/D/)	0	(*)	0	(/D/)	0	0	0	(/D/)	(/D/)
Malaysia	4	0	0	0	0	0	0	0	3	0	0	0	0	(*)	0	1
New Zealand	9	0	3	0	3	0	0	0	1	0	0	5	0	0	0	0
Philippines	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Singapore	(/D/)	0	(/D/)	0	0	0	5	(/D/)	0	0	0	0	0	(/D/)	2	(/D/)
Taiwan	332	0	119	0	(/D/)	0	(/D/)	0	(/D/)	1	(/D/)	(/D/)	0	4	10	0
Other	70	0	70	(/D/)	0	(/D/)	(/D/)	0	0	0	0	0	0	0	0	0
United States/1/	(/D/)	0	(/D/)	0	0	0	(/D/)	0	0	0	0	0	0	0	(/D/)	(/D/)
Addenda:
European Union (15)/2/	36,747	166	11,636	367	2,650	1,020	3,233	4,366	1,682	(/D/)	(/D/)	3,081	6,706	1,544	7,572	600
OPEC/3/	499	0	(/D/)	0	0	0	0	(/D/)	0	0	0	(/D/)	0	117	0	(*)

* Less than $500,000.

D Suppressed to avoid disclosure of data of individual companies.

1. See footnote 4 in text for explanation.
2. The European Union (15) comprises Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden, and the United Kingdom. Prior to 1995, Austria, Finland, and Sweden were not members of the European Union.
3. 3/A> OPEC is the Organization of Petroleum Exporting Countries. Its members are Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.