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.
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Graph and download economic data for Shares of gross domestic product: Imports of goods and services (B021RE1A156NBEA) from 1929 to 2024 about Shares of GDP, imports, goods, services, GDP, and USA.
In 2023, imports of goods and services amounted to around 13.89 percent of U.S. gross domestic product. This is a decrease from 2022 when imports totaled 15.29 percent of GDP. Imports of goods and services have generally increased since 1990.
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Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q2 2025 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.
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Imports of goods and services (% of GDP) in United States was reported at 13.99 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Imports of goods and services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.
China's share of exports in gross domestic product (GDP) amounted to approximately **** percent in 2024, increasing slightly from the previous year. The total Chinese merchandise export value amounted to around **** trillion yuan that year.
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China Exports to United States was US$525.65 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to United States - data, historical chart and statistics - was last updated on August of 2025.
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China's total Exports in 2024 were valued at US$3.58 Trillion, according to the United Nations COMTRADE database on international trade. China's main export partners were: the United States, Hong Kong and Vietnam. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Imports were valued at US$2.59 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.
In 2024, the European Union countries imported approximately **** percent of the Chinese export volume. In that year, ASEAN was the largest Chinese merchandise importer. Distribution of Chinese exports In 2024, China exported goods with a total value of around **** trillion yuan and imported goods with a value of **** trillion yuan. That year, China ranked second among the countries with the largest gross domestic product, following the United States.China’s economic prosperity has been closely related to its status as the world’s factory. For about a decade between 2005 and 2015, exports contributed more than ** percent to China’s gross domestic product. However, the share of exports to GDP contribution is currently on the decline. Nonetheless, China maintains a trade surplus of about *** billion U.S. dollars and remains first among countries with the highest trade surplus worldwide as of 2023. While China displays high growth potential for service exports such as tourism, transportation, banking and financial services, as well as insurance and education services, the main focus of China’s export industry remains merchandise. In 2022, Chinese merchandise exports made up **** percent of all global exports, whereas service based exports contributed only *** percent.In terms of most exported merchandise categories, food and live animals used for food were the main primary goods. Among the manufactured goods, automatic data processing machines, integrated circuits, clothing, textiles, and smartphones were the categories with the highest export value in China in 2024.
The statistic represents the U.S. defense outlays from 2000 to 2023 with an additional forecast from 2024 to 2034, as a percentage of the gross domestic product. Defense outlays amounted to 746 billion U.S. dollars in 2022, which was about three percent of the U.S. GDP. The forecast predicts an increase in defense outlays up to 1.1 trillion U.S. dollars by 2033, which would be about 2.8 percent of U.S. GDP.
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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.