The United States' total Exports in 2024 were valued at US$2.06 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main export partners were: Canada, Mexico and China. The top three export commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$3.36 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

In 2024, the total value of U.S. trade goods amounted to approximately 5.4 trillion U.S. dollars. This shows the significance and scale of international trade for the economy of the United States. In 2024, the United States imported goods valuing around 3.3 trillion U.S. dollars from international trading partners, in comparison the value of goods exported from the United States to other countries amounted to around 2.1 trillion U.S. dollars.Import and export trade The import of trade goods relate to goods brought into the United States. This typically refers to goods grown, produced, or manufactured in other countries. Imports include goods of domestic origin which have been worked on abroad before reentering the United States. The export of trade goods refer to goods sold internationally which were grown, produced, or manufactured in the United States. It also includes commodities of foreign origin which have been changed in the United States from the form in which they were imported, or which have been enhanced in value or condition by further processing or manufacturing within the United States before again being sold internationally. Leading trade partners of the United States In 2023, Mexico was the largest source of goods imported into the United States, with goods valuing approximately 475.6 billion U.S. dollars. Mexico and Canada were the second and third largest exporters of goods to the United States, respectively. In 2023, Canada was the leading destination of goods exported from the United States, with U.S. trade goods worth over 350 billion U.S. dollars exported to Canada. Mexico and China also feature at the top of the list of importers of U.S. goods.

Exports in the United States decreased to 279 USD Billion in May from 290.57 USD Billion in April of 2025. This dataset provides the latest reported value for - United States Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The United States' total Imports in 2024 were valued at US$3.36 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main import partners were: Mexico, China and Canada. The top three import commodities were: Machinery, nuclear reactors, boilers; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$2.06 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

During the 19th century, the United States generally had a negative trade balance, importing more than it exported, particularly from the British Empire. This changed at the turn of the 20th century, and the U.S. consistently had a positive trade balance between 1896 and 1970. The greatest periods of fluctuation came during the world wars, as well as an observable decline following the Wall Street Crash of 1929.

While inflation rates increased the total value of imports and exports over time, the rate of growth did increase significantly from 1900 onwards. The early 20th century saw the U.S. move away from its traditional isolationist policies (apart from a brief period during the great Depression) and emerge as a global superpower. Following the Second World War, the U.S. used its economic power to maintain its influence across the globe, as it sought to suppress the expansion of communism.

Key information about United States Total Imports Growth

• United States Total Imports grew 26.1 % YoY in Jan 2025, compared with a decrease of 12.9 % YoY in the previous month
• United States Total Imports Growth data is updated monthly, available from Jan 1990 to Jan 2025, with an averaged rate of 7.1 %
• The data reached an all-time high of 38.7 % in May 2021 and a record low of -35.4 % in May 2009

CEIC calculates Total Imports Growth from monthly Total Imports. The U.S. Census Bureau provides Total Imports, CIF, in USD.


Further information about United States Total Imports Growth

• In the latest reports, United States Total Imports recorded 327.1 USD bn in Jan 2025
• Total Exports reached 171.6 USD bn in Jan 2025, which registered a decrease of 7.9 % year on year
• United States Trade Balance recorded a deficit of 155.6 USD bn in Jan 2025

In 2024, Chinese exports of trade goods to the United States amounted to about 438.95 billion U.S. dollars; a significant increase from 1985 levels, when imports from China amounted to about 3.86 billion U.S. dollars. U.S. exports to China Compared to U.S. imports from China, the value of U.S. exports to China in 2020 amounted to 427.23billion U.S. dollars. China is the United States’ largest trading partner, while China was the United States third largest goods export market. Some of the leading exports to China in the agricultural sector included soybeans, cotton, and pork products. Texas was the leading state that exported to China in 2020 based on total value of goods exports, at 16.9 billion U.S. dollars. U.S. - China trade war The trade war between the United States and China is an economic conflict between two of the world’s largest national economies. It started in 2018 when U.S. President Donald Trump started putting tariffs and trade barriers on China, with the intent to get China to conform to Trump’s wishes. President Trump claimed that China has unfair trade businesses. As a result of this trade war, it has caused a lot of tension between the U.S. and China. Nearly half of American companies impacted by the U.S.-China trade tariffs said that the trade war increased their cost of manufacturing. The healthcare product industry has suffered the most from the trade war in regards to reduced profits.

In 2023, exports of goods and services from the United States made up about eleven percent of its gross domestic product (GDP). This is an increase from 9.25 percent of GDP of the United States in 1990. U.S. exports The GDP of the United States is the largest in the world, clocking in at more than 20 trillion U.S. dollars in 2022. It is additionally one of the world's largest exporters, second only to China. United States exports surpassed three trillion dollars in 2022, its highest level ever. Balance of trade The balance of trade in the United States has been a longstanding topic of conversation among economists, business interests, and politicians. When a country imports more than it exports, this is known as a trade deficit. While large export industries have been present in the United States for many years, the U.S. trade deficit has been increasing and is the largest volume of any nation.

Key information about United States Total Exports

• United States Total Exports recorded 171.6 USD bn in Jan 2025, compared with 168.8 USD bn in the previous month
• US Total Exports data is updated monthly, available from Jan 1989 to Jan 2025, with an averaged value of 86.4 USD bn
• The data reached an all-time high of 181.2 USD bn in Jul 2022 and a record low of 28.4 USD bn in Jan 1989

[COVID-19-IMPACT]


Further information about United States Total Exports

• In the latest reports, US Total Exports dropped 7.9 % YoY in May 2023
• Total Imports recorded 327.1 USD bn in Jan 2025, which registered an increase of 26.1 % year on year
• US Trade Balance recorded a deficit of 155.6 USD bn in Jan 2025

Key information about United States Total Imports

• United States Total Imports recorded 327.1 USD bn in Jan 2025, compared with a value of 290.9 USD bn in the previous month
• United States Total Imports data is updated monthly, available from Jan 1989 to Jan 2025, with an average number of 148.6 USD bn
• The data reached an all-time high of 327.1 USD bn in Jan 2025 and a record low of 37.5 USD bn in Jan 1989

[COVID-19-IMPACT]


Further information about United States Total Imports

• In the latest reports, United States Total Imports grew 26.1 % YoY in Jan 2025
• Total Exports dropped 7.9 % YoY, to 171.6 USD bn in Jan 2025
• United States Trade Balance recorded a deficit of 155.6 USD bn in Jan 2025

In 2024, the United States exported over seven billion pounds of pork across the globe. The country’s export volume was increasing steadily since 2015, until beginning to decline again after 2020. The country’s import volume stood at approximately 1.1 billion pounds in 2024, which was a decrease compared to the past few years. Global pork production In 2022, the leading producers of pork were China, the European Union, and the United States. That year, China produced over 50 million metric tons of pork, while the European Union and the United States were responsible for over 23 million and 12 million metric tons, respectively. All remaining countries produced significantly less pork. Pig population China, by far the top producer of pork in 2022, also had the largest number of pigs that year. In 2022, China accounted for over 449 million heads. The European Union, which ranked second in terms of production and pig count, was home to less than half that number of pigs. The United States accounted for approximately 74 million heads. More than a quarter of the country’s pigs and hogs were located in the state of Iowa as of March 2022.

The USA: Exports of goods and services as percent of GDP: The latest value from 2023 is 11.01 percent, a decline from 11.6 percent in 2022. In comparison, the world average is 45.64 percent, based on data from 154 countries. Historically, the average for the USA from 1970 to 2023 is 9.81 percent. The minimum value, 5.41 percent, was reached in 1971 while the maximum of 13.64 percent was recorded in 2012.

Techsalerator’s Import/Export Trade Data for North America

Techsalerator’s Import/Export Trade Data for North America delivers an exhaustive and nuanced analysis of trade activities across the North American continent. This extensive dataset provides detailed insights into import and export transactions involving companies across various sectors within North America.

Coverage Across All North American Countries

The dataset encompasses all key countries within North America, including:

1. United States

The dataset provides detailed trade information for the United States, the largest economy in the region. It includes extensive data on trade volumes, product categories, and the key trading partners of the U.S. 2. Canada

Data for Canada covers a wide range of trade activities, including import and export transactions, product classifications, and trade relationships with major global and regional partners. 3. Mexico

Comprehensive data for Mexico includes detailed records on its trade activities, including exports and imports, key sectors, and trade agreements affecting its trade dynamics. 4. Central American Countries:

Belize Costa Rica El Salvador Guatemala Honduras Nicaragua Panama The dataset covers these countries with information on their trade flows, key products, and trade relations with North American and international partners. 5. Caribbean Countries:

Bahamas Barbados Cuba Dominica Dominican Republic Grenada Haiti Jamaica Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Trinidad and Tobago Trade data for these Caribbean nations includes detailed transaction records, sector-specific trade information, and their interactions with North American trade partners. Comprehensive Data Features

Transaction Details: The dataset includes precise details on each trade transaction, such as product descriptions, quantities, values, and dates. This allows for an accurate understanding of trade flows and patterns across North America.

Company Information: It provides data on companies involved in trade, including names, locations, and industry sectors, enabling targeted business analysis and competitive intelligence.

Categorization: Transactions are categorized by industry sectors, product types, and trade partners, offering insights into market dynamics and sector-specific trends within North America.

Trade Trends: Historical data helps users analyze trends over time, identify emerging markets, and assess the impact of economic or political events on trade flows in the region.

Geographical Insights: The data offers insights into regional trade flows and cross-border dynamics between North American countries and their global trade partners, including significant international trade relationships.

Regulatory and Compliance Data: Information on trade regulations, tariffs, and compliance requirements is included, helping businesses navigate the complex regulatory environments within North America.

Applications and Benefits

Market Research: Companies can leverage the data to discover new market opportunities, analyze competitive landscapes, and understand demand for specific products across North American countries.

Strategic Planning: Insights from the data enable companies to refine trade strategies, optimize supply chains, and manage risks associated with international trade in North America.

Economic Analysis: Analysts and policymakers can monitor economic performance, evaluate trade balances, and make informed decisions on trade policies and economic development strategies.

Investment Decisions: Investors can assess trade trends and market potentials to make informed decisions about investments in North America's diverse economies.

Techsalerator’s Import/Export Trade Data for North America offers a vital resource for organizations involved in international trade, providing a thorough, reliable, and detailed view of trade activities across the continent.

U.S. imports for 2023 were 3.850 trillion US dollars, a 3.18% decline from 2022.

<ul style='margin-top:20px;'>

<li>U.S. imports for 2022 were <strong>3.976 trillion US dollars</strong>, a <strong>16.42% increase</strong> from 2021.</li>
<li>U.S. imports for 2021 were <strong>3.415 trillion US dollars</strong>, a <strong>22.98% increase</strong> from 2020.</li>
<li>U.S. imports for 2020 were <strong>2.777 trillion US dollars</strong>, a <strong>10.89% decline</strong> from 2019.</li>
</ul>Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Key information about India Total Exports to USA

• India Total Exports to USA recorded 7.017 USD bn in Dec 2024, compared with 5.706 USD bn in the previous Nov 2024
• India Total Exports to USA data is updated monthly, available from Nov 1979 to Dec 2024, with an averaged value of 812.170 USD mn
• The data reached an all-time high of 7.745 USD bn in Mar 2022 and a record low of 44.690 USD mn in Nov 1979

CEIC converts monthly Total Exports to USA into USD. The Ministry of Commerce and Industry provides Total exports to USA in local currency. The Federal Reserve Board average market exchange rate is used for currency conversions. Total Exports to USA prior to March 1992 is sourced from the International Monetary Fund.

Imports in the United States decreased to 350.52 USD Billion in May from 350.83 USD Billion in April of 2025. This dataset provides the latest reported value for - United States Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the total value of Chinese merchandise imports and exports amounted to about **** trillion yuan. This indicated approximately **** percent growth compared to the previous year. China’s international trade relations In 2012, China surpassed the United States to become to the world’s largest trading country in terms of exports and imports of goods. While the United States remained the largest import nation with an import value of around **** trillion U.S. dollars in 2023, China ranked first in global exports with an export value of some **** trillion U.S. dollars in 2023.According to the National Bureau of Statistics of China, in 2023, the United States was the second most significant export partner of China with a share in total exports of about **** percent. China is also one of the United States’ most potential markets for exports. As of 2024, exports from the United States to China had expanded more than ********** since China joined the World Trade Organization in 2001. The European Union was the third most important export partner of China as of 2024, after ASEAN and the United States. Exports to the EU are dominated by industrial and consumer goods such as machinery and equipment, as well as footwear and clothing. Chinese imports from the EU are mainly machinery and transport equipment, chemical products and miscellaneous manufactured articles. Hong Kong plays a unique role in intermediating and facilitating trade between China and the rest of the world. Mainland Chinese companies sell goods to Hong Kong which re-exports them at marked up prices. Majority of exports from Hong Kong are re-exports.

In 2022, the global trade value of goods exported throughout the world amounted to approximately 24.9 trillion U.S. dollars at current prices. In comparison, this figure stood at around 6.45 trillion U.S. dollars in 2000. The rise in the value of goods exported around the world reflects developments in international trade, globalization, and advances in technology.

Export trade
Global trade refers to the exchange of capital, goods and services between different countries and territories. The export of trade goods refers to goods sold internationally which were grown, produced, or manufactured in another country.

Who are the leading importers and exporters of trade goods?
In 2021, China was the largest source of goods exported around the world, with total merchandise exports valuing approximately 3.37 trillion U.S. dollars. That year, China was responsible for almost 15 percent of all trade goods exported around the world. The United States was the second largest exporters of goods that year. The United States was the leading importer of merchandise in the world as of 2021. That year, the global superpower accounted for 13 percent of the world’s merchandise imports.

Net trade in goods of United States of America dropped by 9.89% from -1,179,943,000,000 US dollars in 2022 to -1,063,289,000,000 US dollars in 2023. Since the 18.66% jump in 2021, net trade in goods went down by 1.84% in 2023. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.

Key information about United States Total Exports

• United States Total Exports dropped 5.6 % YoY in Apr 2023, compared with an increase of 2.7 % YoY in the previous month
• US Total Exports Growth data is updated monthly, available from Jan 1990 to Apr 2023, with an averaged rate of 6.6 %
• The data reached an all-time high of 59.6 % in May 2021 and a record low of -35.1 % in May 2020

CEIC calculates Total Exports Growth from monthly Total Exports. The U.S. Census Bureau provides Total Exports, FAS, in USD.


Further information about United States Total Exports

• In the latest reports, US Total Exports recorded 163.8 USD bn in Apr 2023
• Total Imports recorded 260.9 USD bn in Apr 2023, which registered a decrease of 6.6 % year on year
• US Trade Balance recorded a deficit of 97.1 USD bn in Apr 2023