Posted by Kelly Duchene on Thursday, October 27, 2011
Through August of 2011, the U.S. merchandise trade balance stands at -$482 billion. So far this year, the U.S. has imported 150% more than it has exported, in value. While the majority of products are imported from Asia, thousands of others come from around the world.
Currently, 2011 import values are less than those seen in 2010. As the holiday season approaches, it will be interesting to monitor the changing product cycles as stores begin to stock up their shelves.
Below is a list of the top 10 imported products by value for 2011, to date.
| HTS Code |
2010
(Jan - Aug) |
2011
(Jan - Aug) |
| 2709.00 - Petroleum Oils And Oils From Bituminous Minerals, Crude |
$252,640,865,477 |
$225,115,096,167 |
| 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 |
$53,333,142,195 |
$38,186,303,416 |
| 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 |
$36,765,724,901 |
$36,440,509,263 |
| 8703.24 - Passenger Motor Vehicles With Spark-ignition Internal Combustion Reciprocating Piston Engine, Cyclinder Capacity Over 3,000 CC |
$52,704,058,275 |
$35,288,670,812 |
| 2710.11 - Petroleum Oils And Oils From Bituminous Minerals (other Than Crude) Light Oils & Preps, Nesoi, Containing 70% (by Weight) Or More Of These Oils |
$27,200,756,283 |
$27,711,061,092 |
| 9801.00 - Imports Of Articles Exported And Returned, Not Advanced In Value Or Condition; Imports Of Animals Exported And Returned Within 8 Months |
$36,351,362,088 |
$26,716,259,937 |
| 8517.12 - Telephones For Cellular Networks Or For Other Wireless Networks |
$34,842,902,731 |
$26,452,718,459 |
| 8471.30 - Portable Digtal Automatic Data Processing Machines, Weight Not More Than 10 Kg, Consisting Of At Least A Central Processing Unit, Keyboard & A Display |
$32,451,619,649 |
$26,339,420,432 |
| 3004.90 - Medicaments, In Measured Doses, Etc. (excluding Vaccines, Etc., Coated Bandages Etc. And Pharmaceutical Goods), Nesoi |
$40,487,495,303 |
$25,476,595,736 |
| 8517.62 - Machines For The Reception, Conversion And Transmission Or Regeneration Of Voice, Images Or Other Data, Including Switching And Routing Apparatus |
$19,576,188,605 |
$15,787,788,807 |
There are thousands of other product categories for imports and millions of imported products in total. To search for and examine other products, please click here for a free trial of our trade intelligence tools.
Category: General
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