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.
Over the past three decades, the total volume of the trade goods exported from the United States experienced an overall positive trend and grew significantly. However, periods of global economic turmoil took its toll on this growth along the way. In the aftermath of the global financial crisis of 2007-2008, the U.S. export volume of trade goods suffered a substantial decline, marking the end of a six-year tre4d of uninterrupted growth. In the following 13-year period between 2010 and 2024, the volume of export trade goods had a rather unstable profile, with noticeable fluctuations. The total volume of exported trade goods from the U.S. fell to about 1.42 trillion U.S. dollars in 2020, illustrating the impact of coronavirus (COVID-19) pandemic on the country’s international trade activities. Nevertheless, the export volume of trade goods recovered rapidly in the following years, reaching over two trillion U.S. dollars in 2024. U.S. International trade The United States is the second largest trade goods exporter in the world, and has a total annual export value (services and goods combined) of over two trillion U.S. dollars. That said, for the last two decades, the U.S. had a trade deficit in trade goods, making the country a net importer of goods in terms of trade value. The majority of the goods the country is exporting are manufactures. U.S. export destinations
The top two destinations of U.S. exports are, unsurprisingly, the country’s northern and southern neighbors, namely Canada and Mexico. The volume of U.S. export of trade goods to Canada alone oscillated between 250 billion U.S. dollars and over 300 billion U.S. dollars in the last decade.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States US: Exports: % of Total Goods Exports: The Arab World data was reported at 4.407 % in 2016. This records a decrease from the previous number of 4.483 % for 2015. United States US: Exports: % of Total Goods Exports: The Arab World data is updated yearly, averaging 3.449 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 8.735 % in 1982 and a record low of 1.907 % in 1970. United States US: Exports: % of Total Goods Exports: The Arab World data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Exports. Merchandise exports to economies in the Arab World are the sum of merchandise exports by the reporting economy to economies in the Arab World. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for U.S. Exports of Goods by F.A.S. Basis to World (EXP0015) from Jan 1987 to May 2025 about exports, World, goods, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States US: Exports: Goods data was reported at 1,546.725 USD bn in 2017. This records an increase from the previous number of 1,451.011 USD bn for 2016. United States US: Exports: Goods data is updated yearly, averaging 343.120 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 1,620.532 USD bn in 2014 and a record low of 20.601 USD bn in 1960. United States US: Exports: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Exports. Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars.; ; World Trade Organization.; Gap-filled total;
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
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.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Advance U.S. International Trade in Goods: Exports: Capital Goods (AITGECS) from Jun 2025 to Jun 2025 about capital, exports, trade, goods, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States US: Exports: % of Total Goods Exports: Residual data was reported at 0.222 % in 2016. This records an increase from the previous number of 0.174 % for 2015. United States US: Exports: % of Total Goods Exports: Residual data is updated yearly, averaging 3.691 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 6.617 % in 1979 and a record low of 0.165 % in 1999. United States US: Exports: % of Total Goods Exports: Residual data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Exports. Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States - Advance U.S. International Trade in Goods: Exports was 179234.77500 Mil. of $ in May of 2025, according to the United States Federal Reserve. Historically, United States - Advance U.S. International Trade in Goods: Exports reached a record high of 188473.13000 in April of 2025 and a record low of 90077.60900 in May of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Advance U.S. International Trade in Goods: Exports - last updated from the United States Federal Reserve on July of 2025.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Advance U.S. International Trade in Goods: Exports: Foods, Feeds, & Beverages (AITGEFS) from Jun 2025 to Jun 2025 about beverages, exports, trade, food, goods, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States - Advance U.S. International Trade in Goods: Exports: Other Goods was 8423.54600 Mil. of $ in May of 2025, according to the United States Federal Reserve. Historically, United States - Advance U.S. International Trade in Goods: Exports: Other Goods reached a record high of 14125.90800 in October of 2024 and a record low of 3809.52100 in May of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Advance U.S. International Trade in Goods: Exports: Other Goods - last updated from the United States Federal Reserve on July of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States - Advance U.S. International Trade in Goods: Exports: Capital Goods was 57396.88900 Mil. of $ in May of 2025, according to the United States Federal Reserve. Historically, United States - Advance U.S. International Trade in Goods: Exports: Capital Goods reached a record high of 59338.76500 in February of 2025 and a record low of 31546.33500 in May of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Advance U.S. International Trade in Goods: Exports: Capital Goods - last updated from the United States Federal Reserve on July of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States US: Exports: High-Income Economies: % of Total Goods Exports data was reported at 59.957 % in 2016. This records an increase from the previous number of 59.831 % for 2015. United States US: Exports: High-Income Economies: % of Total Goods Exports data is updated yearly, averaging 68.989 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 75.479 % in 1987 and a record low of 58.832 % in 2014. United States US: Exports: High-Income Economies: % of Total Goods Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Exports. Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;
In July 2024, the merchandise exports index worldwide, excluding the U.S., stood at *****. This is compared to an index value of *** for the United States in the same month. The index was highest in emerging economies, reaching an index score of ***. Moreover, the merchandise imports index was also highest in emerging economies. The merchandise exports index is the U.S. dollar value of goods sold to the rest of the world, deflated by the U.S. Consumer Price Index (CPI).
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States US: Exports: % of Goods Exports: Fuel data was reported at 10.576 % in 2017. This records an increase from the previous number of 7.716 % for 2016. United States US: Exports: % of Goods Exports: Fuel data is updated yearly, averaging 3.500 % from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 11.156 % in 2014 and a record low of 1.538 % in 1999. United States US: Exports: % of Goods Exports: Fuel data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Exports. Fuels comprise the commodities in SITC section 3 (mineral fuels, lubricants and related materials).; ; World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.; Weighted average; Merchandise export shares may not sum to 100 percent because of unclassified trade.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States - Advance U.S. International Trade in Goods: Exports: Consumer Goods was 23893.22600 Mil. of $ in March of 2025, according to the United States Federal Reserve. Historically, United States - Advance U.S. International Trade in Goods: Exports: Consumer Goods reached a record high of 230096.58500 in May of 2021 and a record low of 10344.56300 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Advance U.S. International Trade in Goods: Exports: Consumer Goods - last updated from the United States Federal Reserve on August of 2025.
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for International Trade: Exports: Value (Goods): Total for United States (XTEXVA01USQ188S) from Q1 1960 to Q3 2023 about exports, trade, goods, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States US: Goods Trade: % of GDP data was reported at 20.403 % in 2017. This records an increase from the previous number of 19.873 % for 2016. United States US: Goods Trade: % of GDP data is updated yearly, averaging 15.276 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 24.156 % in 2011 and a record low of 6.531 % in 1962. United States US: Goods Trade: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Trade Statistics. Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.; ; World Trade Organization, and World Bank GDP estimates.; Weighted average;
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Advance U.S. International Trade in Goods: Exports: Consumer Goods (AITGEGN) from Jun 2025 to Jun 2025 about exports, trade, consumer, goods, and USA.
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.