US Trade Product Opportunities
America racked up the greatest global trade deficits during 2015 for the products in the accompanying list. Underlying sales for these product deficits represent strong domestic demand, thus answering the question: What does America need to import?
Electrical machinery, equipment
The products below earned the greatest subcategory deficits for the US.
1. Phone system devices: -$67.6 billion
2. TV receivers/monitors/projectors: -$22.2 billion
3. Insulated wire/cable: -$10.3 billion
4. Electrical converters/power units: -$8.1 billion
5. Electric water heaters, hair dryers: -$7.2 billion
6. TV receiver/transmit/digital cameras: -$6.9 billion
7. Electric motors, generators: -$5.1 billion
8. Electric/optical circuit boards, panels: -$4.5 billion
9. Electrical machinery: -$4.2 billion
10. Solar diodes/semi-conductors: -$4.1 billion
Vehicles
The products below earned the greatest
subcategory deficits for the US.
1. Cars: -$113.8 billion
2. Automobile parts/accessories: -$22.6 billion
3. Trucks: -$11.2 billion
4. Tractors: -$7.1 billion
5. Bicycles, other non-motorized cycles: -$1.6 billion
6. Motorcycles: -$946.3 million
7. Motorcycle parts/accessories: -$675.2 million
8. Public-transport vehicles: -$303.6 million
9. Baby carriages: -$277.5 million
10. Automobile bodies: -$231.7 million
Machinery
The products below earned the greatest subcategory deficits for the US.
1. Computers, optical readers: -$56.3 billion
2. Printing machinery: -$12.3 billion
3. Turbo-jets: -$11.7 billion
4. Piston engines: -$5.8 billion
5. Refrigerators, freezers: -$5.5 billion
6. Piston engine parts: -$4.2 billion
7. Air conditioners: -$4.1 billion
8. Pneumatic hand tool: -$3.8 billion
9. Air or vacuum pumps: -$3 billion
10. Taps, valves, similar appliances: -$2.7 billion
Mineral Fuel-related
The products below earned the greatest subcategory deficits for the US.
1. Crude oil: -$123.9 billion
2. Electrical energy: -$2.2 billion
3. Peat: -$315.7 million
4. Petroleum jelly, mineral waxes: -$174.8 million
5. Natural bitumen, asphalt, shale: -$102.9 million
6. Tar pitch, coke: -$90.7 million
Furniture
The products below earned the greatest
subcategory deficits for the US.
1. Miscellaneous furniture: -$19.2 billion
2. Seats (excl. barber/dentist chairs): -$19.2 billion
3. Lamps, lighting, illuminated signs: -$8.7 billion
4. Mattresses, quilts: -$2.9 billion
5. Medical/surgical/dental furniture: -$249.1 million
Knit or crochet clothing
The products below earned the greatest subcategory deficits for the US.
1. Jerseys, pullovers: -$14.9 billion
2. Women's clothing: -$6.2 billion
3. T-shirts, vests: -$5.4 billion
4. Women's underwear, pajamas: -$3.3 billion
5. Stockings, hosiery: -$2.2 billion
6. Men's shirts: -$2.1 billion
7. Infant clothing: -$2 billion
8. Men's underwear, pajamas: -$1.7 billion
9. Men's suits,trousers: -$1.7 billion
10. Miscellaneous garments: -$1.1 billion
Pharmaceuticals
The products below earned the greatest
subcategory deficits for the US.
1. Medication mixes in dosage: -$39.7 billion
2. Sutures, special pharmaceuticals: -$984.4 million
3. Packaged dressings: -$288.7 million
Clothing (not knit or crochet)
The products below earned the greatest subcategory deficits for the US.
1. Women's clothing : -$9.9 billion
2. Men's suits, trousers : -$8.5 billion
3. Men's shirts : -$3.7 billion
4. Bras, corsets :: -$2.6 billion
5. Women's shirts : -$2.5 billion
6. Women's coats, jackets : -$2.3 billion
7. Tracksuits, swimwear : -$2.2 billion
8. Men's coats, jackets : -$1.9 billion
9. Garments from special fabric : -$1.8 billion
10. Shawls, scarves: -$550.1 million
Footwear
The products below earned the greatest subcategory deficits for the US.
1. Footwear (leather): -$12.8 billion
2. Footwear (rubber or plastic): -$7.1 billion
3. Footwear (textile): -$6.5 billion
4. Miscellaneous footwear: -$550.3 million
5. Waterproof footwear: -$187.2 million
6. Insoles, heel cushions: -$162.9 million
Toys, games
The products below earned the greatest subcategory deficits for the US.
1. Models, puzzles, misc. toys: -$13.2 billion
2. Sports equipment: -$4.5 billion
3. Table games, bowling equipment: -$3.9 billion
4. Carnival items, magic tricks: -$2.9 billion
5. Fishing gear, decoy birds: -$586.8 million
6. Amusement park games: -$25.6 million
Iron and steel
The products below earned the greatest
subcategory deficits for the US.
1. Iron or steel tubes, pipes: -$2.6 billion
2. Misc. iron, steel structures: -$2.5 billion
3. Iron, steel stoves, barbecues: -$2.5 billion
4. Iron/steel tables, household items: -$2.2 billion
5. Misc. iron or steel tubes, pipes: -$2.1 billion
6. Iron/steel screws, bolts, nuts: -$1.5 billion
7. Iron/steel tubes, pipes: -$1.2 billion
8. Iron/steel nails, staples: -$755.6 million
9. Iron/steel wire, cables (uninsul.): -$625.5 million
10. Iron/steel pipe fittings: -$600.9 million
Fastest-Growing American Trade Product Deficits 2015
Data source: Trade Map, International Trade Centre, www.intracen.org/marketanalysis
