Manufacturing value added意思

"Manufacturing value added" is a term used in economics to refer to the value that has been added to products through the manufacturing process. It is calculated by taking the value of manufacturing output and subtracting the value of the inputs used in the manufacturing process, such as raw materials and energy.

The value added by manufacturing represents the portion of a product's value that is due to the labor and capital used in the manufacturing process. It is a measure of the contribution of the manufacturing sector to a country's economy.

In the context of international trade, manufacturing value added can also be used to measure the value of a country's exports and imports of manufactured goods, after taking into account the value of inputs from other countries.