That's a great point. I checked into this, and if and when the profits are repatriated they indeed only show up in the capital account, not the current account.

However, in practice even if not repatriated those exports show up in the us economy. Profits raise the share price, which allows stock grants at higher values, effectively a wage as one example.

I wonder how big an effect this phenomenon you highlight has. Must be a fairly large overstatement of the US trade deficit.