Fastest Growing Industries by Imports in United States in 2025

• 1. Toy, Doll & Game Manufacturing in the US

  Growth in Imports for 2025: 142.2%

  Toy, doll and game manufacturers have endured significant volatility in recent years. Although the industry has generally been shrinking over the past two decades, growing demand for board and card games and puzzles has supported domestic producers' performance. During this time, consumers also benefited from higher disposable income and growing economic confidence, enabling them to purchase more expensive discretionary products such as domestically produced toys and games. Although these gai...

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• 2. Watch Manufacturing in the US

  Growth in Imports for 2025: 86.7%

  Watch manufacturing revenue has grown at an estimated CAGR of 3.4%, reaching $435.1 million by the end of 2025, including a 2.0% gain in that year alone. In recent years, watch manufacturers have faced significant volatility. High levels of inflation and unemployment have made consumers uncertain about their financial stability, causing many to delay discretionary purchases such as watches. More recently, however, improving macroeconomic conditions have led to a recovery in industry revenue. ...

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• 3. Engineered Wood Product Manufacturing in the US

  Growth in Imports for 2025: 86.2%

  Engineered wood manufacturers develop laminated veneer lumber and other engineered wood members. New home construction is the industry's largest market and demand largely depends on the number of new housing starts and private spending on home improvements, both of which grew from 2020 to 2022, enabling manufacturers to thrive because of healthy downstream demand, revenue spiked 43.6% in 2021 alone. However, more recently, high interest and mortgage rates have stunted housing starts and home ...

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• 4. Lithium Battery Manufacturing in the US

  Growth in Imports for 2025: 70.4%

  The rapid rise of electric vehicles (EVs) has bolstered demand for lithium batteries as consumer preferences steadily shift from gasoline-powered vehicles. Battery producers have benefited greatly from the Bipartisan Infrastructure Law as the act allocates significant funds toward clean energy infrastructure and EV charging stations across the country, which rely heavily on lithium batteries. The growing prevalence of EVs supported manufacturers, contributing to a recovery from the COVID-19 p...

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• 5. Fiber-Optic Cable Manufacturing in the US

  Growth in Imports for 2025: 69.4%

  Fiber-optic cable manufacturers have benefited from the growing reliance on services offered online, including Internet of Things (IoT) connected devices and rising demand for high-speed internet from households and businesses. Telecommunications companies have invested heavily in improving their digital infrastructures and giving customers advantages in terms of speed, reliability and cost savings. Similarly, manufacturers have benefited from growing spending on infrastructure from the Infra...

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• 6. Computer Peripheral Manufacturing in the US

  Growth in Imports for 2025: 55.7%

  US computer peripheral manufacturers have endured a turbulent period, shaped by import competition from Asia, import tariff policies and ongoing supply chain vulnerability. The pandemic disrupted crucial semiconductor suppliers and key inputs, slashing industry revenue and giving global competitors, particularly in Asia, an edge with their more stable supply chains and proximity to chip manufacturers. Although the industry experienced a modest recovery in 2021, the foll...

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• 7. Cut & Sew Apparel Manufacturing in the US

  Growth in Imports for 2025: 51.6%

  The Cut and Sew Apparel Manufacturing industry is currently facing a complex landscape marked by shifting consumer preferences and intense global competition. Domestic production has seen a drop as manufacturers grapple with pressure from overseas competitors who offer lower costs. Also, there is a growing demand for sustainable and ethically produced garments, pushing manufacturers to adapt to changing market expectations. While the industry is experiencing a downturn at present, there remai...

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• 8. Cotton Farming in the US

  Growth in Imports for 2025: 48.0%

  The cotton industry has faced a revenue decline over the current period, driven by global oversupply and weakened demand, with fierce competition from major international producers. Cotton prices have remained low, pressuring industry revenue, which has dropped at a CAGR of 6.9% since 2020 to reach $5.8 billion after growing 7.6% in 2025. Globally, production has continued to expand, leading to record-high stocks, especially in major producing countries like the US, Bra...

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• 9. Shoe & Footwear Manufacturing in the US

  Growth in Imports for 2025: 45.6%

  The Shoe and Footwear Manufacturing industry is experiencing notable trends amid changing consumer behavior and global economic shifts. Over recent years, the industry has contended with challenges like price sensitivity among consumers, increased competition from imports, the imposition of new tariffs and a shift towards athleisure and casual footwear. Industry revenue has dropped at a CAGR of 1.2% over the past five years and is expected to total $1.8 billion in 2025, when revenue will stre...

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• 10. Tobacco Growing in the US

  Growth in Imports for 2025: 40.0%

  The tobacco industry is undergoing significant transformation, marked by a steep decline in smoking rates. Currently, US adult cigarette smoking has reached a historic low of 10.8% in 2023, driven by the rising popularity of nicotine substitutes like vapes and pouches. This shift in consumer preference has sharply curtailed domestic tobacco demand, echoed by fragmented international demand where pockets of Asia and Eastern Europe maintain some interest. Overall industry revenue has been adver...

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