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.
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The USA: Trade openness: exports plus imports as percent of GDP: The latest value from 2023 is 24.9 percent, a decline from 26.89 percent in 2022. In comparison, the world average is 94.91 percent, based on data from 153 countries. Historically, the average for the USA from 1970 to 2023 is 21.85 percent. The minimum value, 10.76 percent, was reached in 1970 while the maximum of 30.84 percent was recorded in 2011.
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.
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Graph and download economic data for Real imports of goods (A255RX1Q020SBEA) from Q1 1970 to Q2 2025 about imports, goods, real, GDP, and USA.
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Goods Trade Balance in the United States increased to -84854 USD Million in June from -96211 USD Million in May of 2025. This dataset provides - United States Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Abstract copyright UK Data Service and data collection copyright owner. The aim of the originating project was to increase understanding of the past and possible future impact of increased international trade, mobility and investment on: i) Differences in income levels between countries (divergence or convergence, and - if convergence - levelling up or levelling down) ii) The relative and real wages of different sorts of 'skilled' workers This aim was addressed in four main ways. The first was to formalise ideas about the disaggregation of skilled workers, and the overlap between the concepts of skill and technology, by theoretical modelling. The second was to test hypotheses suggested by theory on evidence for all countries over the past 30 years. The third was to test hypotheses suggested by theory on evidence for skilled wages in developed countries over the past 30 years. The final way the objective was addressed was by testing the hypotheses suggested by theory against evidence from developed countries over the past two centuries. The data collection is the result of the data gathering exercise undertaken for this fourth approach. Main Topics: The dataset brings together a wide range of statistical information relating to patterns of globalisation, technology and wage inequality in a selection of now-developed countries between 1870 and 1970. The countries included are: United States, Canada, Australia, United Kingdom, Germany, France, Sweden and Denmark. The information is classified into six broad sections: wages, migration, employment, trade, production and technology. Wages: Wages of skilled relative to unskilled manual workers, United States, 1870-1970 Wages of non-manual relative to manual workers, United States, 1890-1939 Wages of broad occupational categories, United States, 1939-1960 Summary of relative wages, United States, 1870-1970 Wages of non-manual and manual workers, Canada, 1905-1959 Wages of skilled and unskilled manual workers, Canada, 1900-1960 Summary of relative wages, Canada, 1901-1960 Wages of skilled and unskilled manual workers, Australia, 1870-1960 Wages of skilled and unskilled manual workers, United Kingdom, 1870-1968 Wages of broad occupational categories, United Kingdom, 1871-1970 Summary of relative wages, United Kingdom, 1870-1968 Wages of skilled and unskilled manual workers, Germany, 1871-1962 Wages of skilled and unskilled manual workers, France, 1873-1959 Wages of skilled and unskilled manual workers, Sweden, 1870-1962 Summary of relative wages, Sweden, 1873-1959 Wages of skilled and unskilled manual workers, Denmark, 1870-1965 Wages of clerical relative to manual workers, United States, Canada and United Kingdom, 1870-1965 Migration: Immigration by occupation, United States, 1870-1965 Immigration by occupation, Canada, 1904-1951 Summary of immigration by skill group, Canada, 1881-1951 Total immigration, Canada, 1870-1960 Emigration by occupation, United Kingdom, 1877-1913 Emigration from Ireland by occupation, 1875-1913 Summary of emigration by skill group, United Kingdom, 1877-1913 Total migration, United Kingdom, 1870-1922 Emigration by occupation, Germany, 1871-1924 Summary of emigration by skill group, Germany, 1871-1924 Migration by occupation, Sweden, 1870-1924 Summary of migration by skill group, Sweden, 1871-1924 Emigration by occupation, Denmark, 1872-1924 Summary of emigration by skill group, Denmark, 1872-1924 Employment: Labour force by occupation, United States, 1900-1970 Employment by broad sector, United States, 1870-1960 Gainful workers in manufacturing by industry, United States, 1870-1930 Employment in manufacturing by industry, United States, 1899-1960 Labour force by occupation, Canada, 1891-1961 Employment by broad sector, Canada, 1891-1971 Employment by manufacturing industry, Canada, 1911-1971 Employment by occupation, Australia, 1911-1971 Employment by broad sector, Australia, 1891-1969 Employment in manufacturing by industry, Australia, 1891-1969 Employment by occupation, United Kingdom, 1911-1971 Labour force by broad sector, United Kingdom, 1871-1971 Employment by manufacturing industry, United Kingdom, 1871-1961 Labour force by occupation, Germany, 1882-1961 Employment by broad sector and by manufacturing industry, Germany, 1870-1960 Employment by broad sector and by manufacturing industry, France, 1906-1954 Labour force by broad sector, Sweden, 1870-1960 Employment in manufacturing by industry, Sweden, 1870-1930 Labour force by broad sector, Denmark, 1870-1960 Trade: Exports by commodity, United States, 1870-1965 Imports by commodity, United States, 1870-1965 Trade statistics, United States, 1870-1965 Exports by commodity, Canada, 1870-1965 Imports by commodity, Canada, 1870-1960 Trade statistics, Canada, 1870-1965 Total exports, Australia, 1870-1965 Total imports, Australia, 1870-1965 Trade statistics, Australia, 1870-1965 Exports by commodity, United Kingdom, 1870-1965 Imports by commodity, United Kingdom, 1870-1965 Trade statistics, United Kingdom, 1870-1965 Exports by commodity, Germany, 1880-1960 Imports by commodity, Germany, 1880-1960 Trade statistics, Germany, 1880-1960 Exports by commodity, France, 1870-1959 Imports by commodity, France, 1870-1959 Trade statistics, France, 1870-1959 Exports by commodity, Sweden, 1870-1965 Imports by commodity, Sweden, 1870-1965 Trade statistics, Sweden, 1870-1965 Exports by commodity, Denmark, 1870-1965 Imports by commodity, Denmark, 1870-1965 Trade statistics, Denmark, 1870-1965 Production: Production by industry group, United States, 1869-1919 Production by commodity group, United States, 1869-1913 Production indices by manufacturing sector, United Kingdom, 1860-1914 Production indices by manufacturing sector, Germany, 1860-1913 GDP per capita in United States, Canada, Australia, United Kingdom, Germany, France, Sweden, and Denmark, 1870-1965 Technology: Number of patents granted in 23 countries, 1870-1970 Please note: this study does not include information on named individuals and would therefore not be useful for personal family history research.
International trade is an increasingly important component of the European economy. Since its early foundations were laid by the European Coal & Steel Community (ECSC) founded in 1951, trade between European member states has been at the core of the European project. International trade, that is, trade which the European Union does externally with countries who are not member states, has become a greater focus of the bloc in recent years, as the EU attempts to increase the global reach of its companies, while reaping the benefits of cheaper imports. The EU has put particular importance on reaching trade agreements with partners outside the union, as this removes trade barriers such as tariffs, quotas, as well as non-tariff barriers (such as regulations, licenses, and sanctions) which hamper trade activity. EU Trade Deals Recent trade agreements include the Comprehensive Economic & Trade Agreement with Canada (while not ratified by the member states' parliaments, it had been effectively in force since 2017) and the Japan-EU Economic partnership agreement, in force since 2019. The most significant regions which the EU has not concluded free trade agreements with are the United States, Russia, and China. The Transatlantic Trade & Investment Partnership (TTIP) between the U.S. and EU broke down at the negotiation stage, with powerful economic & political actors on the European side, such as trade unions, opposing the deal from the beginning, while the election of Donald Trump as President of the U.S. effectively ended any hopes of the deal being completed due to his "America First" trade policies. With the increasing geopolitical and economic competition between the U.S. and China, the EU now finds itself caught between the two superpowers, and is unlikely to be able to conclude a trade agreement with either without antagonizing the other country. EU trade with Russia, on the other hand, has broken down in light of Russia's invasion of Ukraine in 2022 and the subsequent sanctions imposed by the European member states.
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1970 Global exporters importers export import shipment records of Tyre liner to United States with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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<ul style='margin-top:20px;'>
<li>China trade balance for 2022 was <strong>577.85 billion US dollars</strong>, a <strong>25.39% increase</strong> from 2021.</li>
<li>China trade balance for 2021 was <strong>460.83 billion US dollars</strong>, a <strong>29.76% increase</strong> from 2020.</li>
<li>China trade balance for 2020 was <strong>355.15 billion US dollars</strong>, a <strong>167.45% increase</strong> from 2019.</li>
</ul>External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
Abstract copyright UK Data Service and data collection copyright owner. To collect socio-economic data in order to investigate theories concerning the causes of coups. Main Topics: Variables Country, % population living in rural areas/working in agriculture 1970, % growth rate of GNP per capita (U.S. dollars) 1970, number of people for each physician 1970, % population illiterate 1970, number of radio sets/newspaper circulation per 1000 inhabitants 1970, density of population 1970, GNP per capita (U.S. dollars), % military personnel per 1000 population 1970, whether has own army, annual defence budget as % of GNP per capita 1970, extent of bilateral aid per capita (U.S. dollars), whether had coup d'etat 1950-1970, whether has been a colony for any period 1950-1970, whether has had coup previously, largest % population having same religion, whether had coup between 1960-1970, % population living in urban areas 1965, newspaper circulation per 1000 population 1965, number of people per physician 1965, % population having received education 1965, number of radio sets per 1000 population 1965, SNP per capita 1965 (U.S. dollars), whether had coup 1950-Jan 1971/1950-1966/1961-1966, number of riots since 1948-1967, number of major 'irregular power transfers' 1950-1968 (Taylor and Hudson), whether has military agreements with France 1950-1970, whether has had internal physical conflict on grounds of ethnic or language differences, whether receives aid, whether defends itself, whether became independent since 1 Jan 1966, number of major 'irregular power transfers' where a coup has taken place, major commodity exported as % of value of all exports 1968, whether product has one year gestation period, amount of external trade in relation to rest of world 1968 (U.S. dollars), major % exports to one country 1968, whether has trade with communist countries, whether ex-British/ex-French colony, whether has had monarch/emperor/sultan (not constitutional), whether has fought external war/civil war 1950-1970, whether has military agreements with U.S./U.K./U.S.S.R./ France, four major commodities exported as % of all exports, whether imports and exports major % of commodities from U.S.S.R./France/U.K./U.S.A. 1968.
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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.