Top US Trade Product Opportunities For China
America's greatest trade product losses to China during 2014 were for the products in the accompanying list. The US racked up a $362.2 billion deficit in its trade with the People's Republic in 2014, up 8.5% from 2012.
Electronic equipment
The products below earned the greatest subcategory deficits for the US versus China.
1. Phone system devices: -$57.6 billion
2. TV receivers/monitors/projectors: -$11.8 billion
3. Electric water heaters, hair dryers: -$5.5 billion
4. Transformers/power supplies: -$5.4 billion
5. TV receive/transmit/digital cameras: -$4 billion
6. Insulated wire/cable: -$3.8 billion
7. Microphones/headphones/amplifiers: -$3.7 billion
8. Electrical machinery: -$2.4 billion
9. Solar power transistors/conductors: -$2.1 billion
10. Unrecorded sound media: -$2 billion
Machinery
The products below earned the greatest subcategory deficits for the US versus China.
1. Computers, optical readers: -$52.9 billion
2. Computer parts, accessories: -$10.5 billion
3. Printing machinery: -$8.4 billion
4. Taps, valves, similar appliances: -$2.9 billion
5. Pneumatic hand tool: -$2.7 billion
6. Air or vacuum pumps: -$2.4 billion
7. Air conditioners: -$2.1 billion
8. Liquid pumps, elevators: -$2 billion
9. Refrigerators, freezers: -$1.6 billion
10. Transmission gears, clutches: -$1.3 billion
Furniture
The products below earned the greatest subcategory deficits for the US versus China.
1. Seats (excl. barber/dentist chairs): -$9.4 billion
2. Miscellaneous furniture: -$9.3 billion
3. Lamps, lighting, illuminated signs: -$6.4 billion
4. Mattresses, quilts: -$2.4 billion
5. Medical/surgical/dental furniture: -$224.5 million
6. Prefabricated buildings: -$27.1 million
Toys, games
The products below earned the greatest subcategory deficits for the US versus China.
1. Models, puzzles, other toys: -$10.9 billion
2. Table games, bowling equipment: -$5.4 billion
3. Sports equipment: -$4.0 billion
4. Carnival items, magic tricks: -$2.8 billion
5. Fishing gear, decoy birds: -$438.8 million
6. Amusement park games: -$11.4 million
Footwear
The products below earned the greatest
subcategory deficits for the US versus China.
1. Footwear (leather): -$7.6 billion
2. Footwear (rubber or plastic): -$5.5 billion
3. Footwear (textile): -$3.7 billion
4. Miscellaneous footwear: -$552.6 million
5. Insoles, heel cushions: -$201.7 million
6. Waterproof footwear: -$144.3 million
Knit or crochet clothing
The products below earned the greatest subcategory deficits for the US versus China.
1. Jerseys, pullovers: -$6.2 billion
2. Women's clothing: -$2.2 billion
3. Women's underwear, pajamas: -$1.4 billion
4. Stockings, hosiery: -$1.3 billion
5. Infant clothing: -$998.3 million
6. T-shirts, vests: -$705.4 million
7. Gloves, mitts: -$509.3 million
8. Miscellaneous garments: -$470.1 million
9. Tracksuits, swimwear: -$408.5 million
10. Women's coats, jackets: -$400.2 million
Clothing (not knit or crochet)
The products below earned the greatest subcategory deficits for the US versus China.
1. Women's clothing: -$4.3 billion
2. Men's suits, trousers: -$1.7 billion
3. Bras, corsets: -$1.3 billion
4. Women's coats, jackets: -$1.2 billion
5. Garments from special fabric: -$1.1 billion
6. Women's shirts: -$1.0 billion
7. Men's shirts: -$957.8 million
8. Men's coats, jackets: -$933.2 million
9. Tracksuits, swimwear: -$901.7 million
10. Shawls, scarves: -$365.1 million
Plastics
The products below earned the greatest subcategory deficits for the US versus China.
1. Miscellaneous plastic items: -$4.1 billion
2. Tableware, kitchenware, toiletry: -$3.9 billion
3. Packing goods, lids, caps: -$2.3 billion
4. Tile or roll coverings: -$714.7 million
5. Builders' items: -$700.9 million
6. Tubes, pipes, fittings: -$486.7 million
7. Plates, sheets, film, tape, strips: -$167.6 million
8. Baths, wash basins: -$118.8 million
9. Amino-resins: -$95.7 million
10. Natural polymers: -$92.2 million
Iron or steel products
The products below earned the greatest subcategory deficits for the US versus China.
1. Stoves, barbecues: -$1.7 billion
2. Tables, household items: -$1.7 billion
3. Miscellaneous iron or steel items: -$1.4 billion
4. Screws, bolts, nuts, washers: -$1.1 billion
5. Miscellaneous iron and steel items: -$1.1 billion
6. Pipe or tube fittings: -$861.6 million
7. Nails, staples: -$270.6 million
8. Sanitary ware: -$265.7 million
9. Other cast iron or steel items: -$226.3 million
10. Chains: -$223.6 million
Leather, animal gut articles
The products below earned the greatest subcategory deficits for the US versus China.
1. Cases, handbags and wallets: -$7.6 billion
2. Clothing, accessories: -$906.1 million
3. Saddles, harnesses: -$288.3 million
4. Miscellaneous leather items: -$121.5 million
5. Items made from gut, skin: -$376,000
Other textiles, worn clothing
The products below earned the greatest subcategory deficits for the US versus China.
1. Other items, dress patterns: -$2.8 billion
2. Linens: -$2 billion
3. Blankets, travel rugs: -$842.8 million
4. Curtains, drapes, blinds: -$773.3 million
5. Miscellaneous furnishings: -$462.2 million
6. Camp items, tents, sails: -$415.5 million
7. Packing sacks, bags: -$221.9 million
8. Rags, scrap twine/rope: -$3.5 million
9. Rug/tapestry-making sets: -$3.5 million
10. Worn clothing: -$577,000
Fastest-Growing American Trade Product Deficits Versus China 2014
Data source: Trade Map, International Trade Centre, www.intracen.org/marketanalysis
