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While the previous year witnessed an increase to the highest value within the observation period, 2022 experienced a decrease in the total global import and export value of paints, dyes, and varnishes, amounting to 91 billion U.S. dollars. However, this still signifies a considerable rise from the 69.1 billion U.S. dollars noted in 2010.

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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.

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The statistic shows a ranking of the top 20 import countries worldwide in 2023. In 2023, the U.S. was the leading import country in the world with an import value of about 3.17 trillion U.S. dollars. Import and export worldwide Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports. If the balance is positive, i.e. if the value of exports is higher than that of imports, it is called a trade surplus. If it is negative and import values exceed export values, it represents a trade deficit. Worldwide trade is regulated by the World Trade Organization (WTO). It provides a framework for trade agreements and helps in resolving disputes. Since its foundation in 1995, more than 150 countries have become members of the WTO and obligated themselves to follow its regulations. The worldwide export volume in trade since 1950 has tripled, and a similar development can be observed in the worldwide import trade volume since 1950. Europe is leading the ranking regarding the value of worldwide export volume of trade by region, but the value of goods exported by Asia is almost up to par. Both continents are also the top destination regions of inter-regional trade worldwide. The United States, China, and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order. The top traded goods and commodities are oil and fuel, electronic equipment, and machinery. The volume of commodities traded worldwide has increased dramatically over the past few years.

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During the 2023/24 period, global coffee imports amounted to a total of 137 million 60-kilogram bags. In the same period, around 142 million bags were exported worldwide. Coffee export countries In February 2024, Brazil exported the highest volume of coffee worldwide. The country exported roughly 3.6 million 60-kilo bags that month. Vietnam and Colombia stood in second and third place, exporting approximately 2.7 and 1.1 million sacks, respectively. In terms of global coffee production, Brazil also led the list, producing 69 million 60-kilo bags worth of coffee in 2020. Brazil produced over twice as much as Vietnam that year. Brazilian green coffee Brazil, which is known as one of the top coffee exporting countries worldwide, produced the highest volume of green coffee in Latin America by far in 2024/25. The South American country produced almost 48 million 60-kilogram sacks of green coffee that year. Colombia ranked second, producing just over 12 million green coffee bags.

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