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The television, it was once our visual gateway to the outside world, but is becoming less prevalent and less useful every day. Computers, smartphones, and tablets have taken over much of TV’s primary job and then some. According to Nielsen Research, the number of people who watch television on a monthly basis actually went down from 2010 to 2011.

We checked our U.S. Census database to see if U.S. imports reflected the shift in medium usage and we were surprised at the findings.

Since just 2009, U.S. imports of computers and TVs have grown apart exponentially. TV purchases have remained relatively stagnant in the past three years, while computer imports have skyrocketed.

The total value of computer imports rose 74% from Q2 of 2009 to Q2 of 2012, whereas television imports fell 2.8% from the same time period.

Not too long ago, it was almost necessary to have both devices in the home, seen in the similar import values of 2009. But technology moves fast, and in the electronics industry, so does demand. Trends like these are important for businesses to predict, and prepare for, in order to adapt quickly to changes in the marketplace.

To view more import trends on specific products for Free, Click Here.

Category: General | News

Top Exports for the United States

Posted by Chelsea Craven on Monday, August 20, 2012 No Comments »
For the first half of 2012, the U.S. has exported nearly $775 billion worth of products, that's an increase of over 7% from the first half of 2011. Below is a breakdown of the top 10 products exported from the United States so far for 2012.
HTS Code - Description 2011 (Jan-June) 2012 (Jan-June)
8800.00 - Civilian Aircraft, Engines, And Parts $37,451,350,539 $44,580,555,712
2710.19 - Petroleum Oils And Oils From Bituminous Minerals (other Than Crude) And Products Therefrom, Nesoi, Containing 70% (by Weight) Or More Of These Oils $27,611,414,774 $35,284,223,457
7108.12 - Gold, Nonmonetary, Unwrought Nesoi (other Than Powder) $10,284,085,679 $17,649,574,943
9880.00 - Low Value Export Shipments; Canadian Estimated Late Receipts $16,857,923,126 $17,617,627,232
2710.12 - Light Oils And Preparations Containing Gt=70% By Weight Petroleum Oils Or Oils From Bituminous Minerals, Not Containing Biodiesel, Not Waste Oils $12,767,960,704 $14,651,078,501
8703.24 - Passenger Motor Vehicles With Spark-ignition Internal Combustion Reciprocating Piston Engine, Cyclinder Capacity Over 3,000 Cc $8,593,393,145 $10,505,516,769
3004.90 - Medicaments, In Measured Doses, Etc. (excluding Vaccines, Etc., Coated Bandages Etc. And Pharmaceutical Goods), Nesoi $10,127,052,195 $10,497,035,492
8703.23 - Passenger Motor Vehicles With Spark-ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Over 1,500 Cc But Not Over 3,000 Cc $11,594,657,380 $9,921,023,816
7102.39 - Diamonds, Nonindustrial, Worked, Including Polished Or Drilled $9,381,722,648 $8,986,931,581
1201.90 - Soybeans, Other Than Seed Not Available $8,801,754,910
To search for and examine other products, please click here for a free trial of our trade intelligence tools.
Category: General | News

Top Imports for the United States

Posted by Chelsea Craven on Friday, August 17, 2012 No Comments »
For the first six months of 2012, the U.S. has imported over $1.1 trillion worth of products; that's an increase of 6% from the first half of 2011. Below is a breakdown of the top 10 products imported to the United States so far for 2012. Imports of oil and passenger vehicles top the list, respectively, for the most imported products into the United States. Electronics and pharmaceutical products also made it into our list of top 10 imports. Check back soon for our post on the top U.S. exports!
HTS Code - Description 2011 (Jan-June) 2012 (Jan-June)
2709.00 - Petroleum Oils And Oils From Bituminous Minerals, Crude $163,860,181,936 $167,828,854,176
8703.23 - Passenger Motor Vehicles With Spark-ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Over 1,500 Cc But Not Over 3,000 Cc $28,230,016,005 $37,035,252,134
8703.24 - Passenger Motor Vehicles With Spark-ignition Internal Combustion Reciprocating Piston Engine, Cyclinder Capacity Over 3,000 Cc $26,146,677,312 $31,143,089,635
2710.19 - Petroleum Oils And Oils From Bituminous Minerals (other Than Crude) And Products Therefrom, Nesoi, Containing 70% (by Weight) Or More Of These Oils $27,739,393,577 $26,326,841,988
9801.00 - Imports Of Articles Exported And Returned, Not Advanced In Value Or Condition; Imports Of Animals Exported And Returned Within 8 Months $20,069,211,599 $23,839,929,824
8471.30 - Portable Digtl Automatic Data Processing Machines, Weight Not More Than 10 Kg, Consisting Of At Least A Central Processing Unit, Keyboard & A Display $18,633,791,846 $19,922,807,534
2710.12 - Light Oils And Preparations Containing Gt=70% By Weight Petroleum Oils Or Oils From Bituminous Minerals, Not Containing Biodiesel, Not Waste Oils $21,100,580,375 $19,538,590,074
8517.12 - Telephones For Cellular Networks Or For Other Wireless Networks $20,018,430,962 $18,034,919,505
3004.90 - Medicaments, In Measured Doses, Etc. (excluding Vaccines, Etc., Coated Bandages Etc. And Pharmaceutical Goods), Nesoi $19,541,363,883 $17,051,858,545
8517.62 - Machines For The Reception, Conversion And Transmission Or Regeneration Of Voice, Images Or Other Data, Including Switching And Routing Apparatus $11,530,309,850 $12,764,938,646
To search for and examine other products, please click here for a free trial of our trade intelligence tools.
Category: General | News

2011 Holiday Season: Outlook for the Kids

Posted by Chelsea Craven on Monday, December 19, 2011 No Comments »
With the holidays literally right around the corner, the majority of kids are anxiously awaiting to receive their beloved Xbox games, Pillow Pets, and Easy-Bake Ovens (to name a few). With retail stores packed and shoppers eagerly buying, can kids expect more presents than last year?

According to the National Retail Federation, holiday sales this season are expected to increase 2.8% from last year’s unexpected high figures. The federation sums up the 2011 holiday season in one word: average. Zepol’s U.S. Census Bureau tool, TradeView™, shows the import values for toys, games, and sports equipment are down over 5% from January through October of this year. Figures for the highest valued months, August through October, are all down this season compared to the previous one. The real kicker comes when looking at overall consumer product imports, which are up over 7% from last year. The figures suggest that the kids may be getting the short end of the stick this holiday season. All hope is not lost, however, as November statistics are yet to be seen; will Santa come through at the last minute?

Category: General | News