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Although the US is the acknowledged world leader in many technology areas, we scored a record trade deficit of $129B in advanced technology in 2018. The next ten graphs show our trade balance in each of the ten sub-sectors that make up US Advanced Technology Trade as defined by the US Census Bureau.

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[/vc_column_text][vc_column_text]Advanced materials include materials that enable the development of and application of other advanced technologies, such as semiconductor materials. Trade in these materials has been slightly negative in recent years.[/vc_column_text][vc_empty_space height=”40px”][/vc_column][vc_column width=”1/3″][vc_column_text]

[/vc_column_text][vc_column_text]The Aerospace sector includes military and civilian helicopters, airplanes and spacecraft. The US is an export powerhouse in this sector, consistently delivering our strongest surplus in advanced technology.[/vc_column_text][vc_empty_space height=”40px”][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text]

[/vc_column_text][vc_column_text]The Biotechnology sector focuses on advances in genetics applied to the development of new drugs, hormones and other therapeutic items. Previously in surplus, this sector scored a deficit of -$16.4B in 2018 as US drug manufacture continues to be offshored.
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[/vc_column_text][vc_column_text]The Electronics sector includes electronic components such as integrated circuits, circuit boards, and other components.[/vc_column_text][vc_empty_space height=”40px”][/vc_column][vc_column width=”1/3″][vc_column_text]

[/vc_column_text][vc_column_text]Flexible Manufacturing includes advances in robotics, numerically-controlled machine tools, and similar products that enable industrial automation.[/vc_column_text][vc_empty_space height=”40px”][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text]

[/vc_column_text][vc_column_text]Information and Communications includes computer products, central processing units, peripherals such as disk drives, and telephone switching equipment. Our huge deficit in this sector, $173.6B last year, dominated the total Advanced Technology trade balance.[/vc_column_text][vc_empty_space height=”40px”][/vc_column][vc_column width=”1/3″][vc_column_text]

[/vc_column_text][vc_column_text]Life Science concentrates on the application of scientific advances (other than biological) to medical science, such as nuclear resonance imaging, echocardiography, and many other innovations.[/vc_column_text][vc_empty_space height=”40px”][/vc_column][vc_column width=”1/3″][vc_column_text]

[/vc_column_text][vc_column_text]Nuclear Technology encompasses nuclear power production apparatus, nuclear reactors and parts, and related products.[/vc_column_text][vc_empty_space height=”40px”][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][vc_column_text]

[/vc_column_text][vc_column_text]Opto-Electronics encompasses electronic products using the emission or detection of light such as optical scanners, solar cells, laser printers, and photo-sensitive semiconductors.[/vc_column_text][vc_empty_space height=”40px”][/vc_column][vc_column width=”1/3″][vc_column_text]

[/vc_column_text][vc_column_text]Weapons includes products with military applications such as guided missiles, bombs, torpedoes, mines, and others. The US has run a persistent export surplus in this sector.[/vc_column_text][vc_empty_space height=”40px”][/vc_column][vc_column width=”1/3″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][dt_icon_text layout=”layout_1″ show_link=”y” link=”url:https%3A%2F%2Fprosperousamerica.org%2Fcpa-trade-database%2Fus-monthly-trade-data-2%2F|title:US%20Monthly%20Trade%20Data” apply_link=”block” dt_text_title=”US Monthly Trade Data” heading_tag=”h3″ dt_text_title_font_size=”24px” dt_text_title_bottom_margin=”15px” dt_text_desc=”A look at the latest monthly data for us trade balance, exports and imports” dt_text_content_font_size=”18px” dt_text_content_line_height=”21px” show_btn=”n” icon_picker=”fas fa-chart-line” dt_text_icon_size=”20px” dt_text_icon_bg_size=”50px” dt_text_icon_border_width=”2px” dt_text_icon_paddings=”0px 10px 10px 0px” dt_text_icon_color=”#ffffff”][vc_empty_space][/vc_column][vc_column width=”1/3″][dt_icon_text layout=”layout_1″ show_link=”y” link=”url:https%3A%2F%2Fprosperousamerica.org%2Fcpa-trade-database%2Fus-trade-balance-by-major-sectors%2F|title:US%20Monthly%20Trade%20Data” apply_link=”block” dt_text_title=”US Annual Trade Balance” heading_tag=”h3″ dt_text_title_font_size=”24px” dt_text_title_bottom_margin=”15px” dt_text_desc=”US trade balance history including key sub-sectors” dt_text_content_font_size=”18px” dt_text_content_line_height=”21px” show_btn=”n” icon_picker=”fas fa-arrows-alt-h” dt_text_icon_size=”20px” dt_text_icon_bg_size=”50px” dt_text_icon_border_width=”2px” dt_text_icon_paddings=”0px 10px 10px 0px” dt_text_icon_color=”#ffffff” dt_text_icon_title=””][vc_empty_space][/vc_column][vc_column width=”1/3″][dt_icon_text layout=”layout_1″ show_link=”y” link=”url:https%3A%2F%2Fprosperousamerica.org%2Fcpa-trade-database%2Fus-bilateral-trade-balances-2019-goods-trade%2F|title:US%20Monthly%20Trade%20Data” apply_link=”block” dt_text_title=”US Bilateral Trade” heading_tag=”h3″ dt_text_title_font_size=”24px” dt_text_title_bottom_margin=”15px” dt_text_desc=”Our trade with other nations showing major surpluses and deficits” dt_text_content_font_size=”18px” dt_text_content_line_height=”21px” show_btn=”n” icon_picker=”fas fa-globe-americas” dt_text_icon_size=”20px” dt_text_icon_bg_size=”50px” dt_text_icon_border_width=”2px” dt_text_icon_paddings=”0px 10px 10px 0px” dt_text_icon_color=”#ffffff” dt_text_icon_title=””][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width=”1/3″][dt_icon_text layout=”layout_1″ show_link=”y” link=”url:https%3A%2F%2Fprosperousamerica.org%2Fcpa-trade-database%2Fus-advanced-technology-trade-and-sub-sectors%2F|title:US%20Monthly%20Trade%20Data” apply_link=”block” dt_text_title=”US Advanced Technology” heading_tag=”h3″ dt_text_title_font_size=”24px” dt_text_title_bottom_margin=”15px” dt_text_desc=”Our trade in Advanced Technology products and key sub-sectors of Advanced Technology” dt_text_content_font_size=”18px” dt_text_content_line_height=”21px” show_btn=”n” icon_picker=”fas fa-file-invoice” dt_text_icon_size=”20px” dt_text_icon_bg_size=”50px” dt_text_icon_border_width=”2px” dt_text_icon_paddings=”0px 10px 10px 0px” dt_text_icon_color=”#ffffff”][vc_empty_space][/vc_column][vc_column width=”1/3″][dt_icon_text layout=”layout_1″ show_link=”y” link=”url:https%3A%2F%2Fprosperousamerica.org%2Fcpa-trade-database%2Fglobal-imbalances-current-account-balances-as-share-of-gdp%2F|title:US%20Monthly%20Trade%20Data” apply_link=”block” dt_text_title=”Global Imbalances” heading_tag=”h3″ dt_text_title_font_size=”24px” dt_text_title_bottom_margin=”15px” dt_text_desc=”Current account balance as a percent of GDP for the US and other major nations” dt_text_content_font_size=”18px” dt_text_content_line_height=”21px” show_btn=”n” icon_picker=”fas fa-balance-scale” dt_text_icon_size=”20px” dt_text_icon_bg_size=”50px” dt_text_icon_border_width=”2px” dt_text_icon_paddings=”0px 10px 10px 0px” dt_text_icon_color=”#ffffff”][vc_empty_space][/vc_column][vc_column width=”1/3″][dt_icon_text layout=”layout_1″ show_link=”y” link=”url:https%3A%2F%2Fprosperousamerica.org%2Fcpa-trade-database%2Fexchange-rates-major-international-currencies%2F|title:US%20Monthly%20Trade%20Data” apply_link=”block” dt_text_title=”Exchange Rates” heading_tag=”h3″ dt_text_title_font_size=”24px” dt_text_title_bottom_margin=”15px” dt_text_desc=”Exchange rates for the US dollar and other major currencies” dt_text_content_font_size=”18px” dt_text_content_line_height=”21px” show_btn=”n” icon_picker=”fas fa-money-bill” dt_text_icon_size=”20px” dt_text_icon_bg_size=”50px” dt_text_icon_border_width=”2px” dt_text_icon_paddings=”0px 10px 10px 0px” dt_text_icon_color=”#ffffff”][vc_empty_space][/vc_column][/vc_row]