Products Needed for Full Production (Kebir Blue)

I am trying to start a new corp. BUT, there are deficits in production resources that wont allow me to maximize my production. Should I go ahead and start the corp?

Those are world market deficits. Ultimately, it means you're going to have to pay more to supply the corporation. If the corporation itself is consistently in a world market deficit AND you are using a proper and effective economic strategy, this won't be a problem at all.

How should I employ a proper and effective economic strategy? My strategy was to build a corp where the deficits are but my game level is too low. Im new to this so i haven't really developed a strategy yet. I appreciate your response.

Pretty much, what I outline in the Church Manual is a proper and effective economic strategy. It's a bit tougher to find good level 1 corporations here on LU. If you like, you can invite CEO corporations to your nation. This should save you the trouble of figuring out what corporations to add. Lowering your tax rate to between 0-10% is a good incentive. CEO corporations pay a fee based on revenue that always ensures a good, stable revenue stream (and WAY more than compensates for lower taxes).

I clearly meant KB, not LU.