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.

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.

Graph and download economic data for Shares of gross domestic product: Imports of goods (A255RE1Q156NBEA) from Q1 1947 to Q2 2025 about Shares of GDP, imports, goods, GDP, and USA.

GDP Growth Contribution Imports in the United States decreased to -5.03 percentage points in the first quarter of 2025 from 0.27 percentage points in the fourth quarter of 2024. This dataset includes a chart with historical data for the United States GDP Growth Contribution Imports.

The USA: Imports of goods and services as percent of GDP: The latest value from 2024 is 13.99 percent, an increase from 13.89 percent in 2023. In comparison, the world average is 47.65 percent, based on data from 134 countries. Historically, the average for the USA from 1960 to 2024 is 10.89 percent. The minimum value, 4.03 percent, was reached in 1961 while the maximum of 17.44 percent was recorded in 2008.

Graph and download economic data for Shares of gross domestic product: Imports of services (B656RE1Q156NBEA) from Q1 1947 to Q2 2025 about Shares of GDP, imports, services, GDP, and USA.

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.

United States US: GDP: % of GDP: Imports of Goods and Services data was reported at 14.689 % in 2016. This records a decrease from the previous number of 15.391 % for 2015. United States US: GDP: % of GDP: Imports of Goods and Services data is updated yearly, averaging 10.265 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 17.427 % in 2008 and a record low of 4.030 % in 1961. United States US: GDP: % of GDP: Imports of Goods and Services 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: Gross Domestic Product: Share of GDP. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

China's share of imports in gross domestic product (GDP) was about **** percent in 2024. The total gross domestic product amounted to approximately *** trillion yuan that year. Import development in China Trade is essential to modern economies. The imports-to-GDP ratio measures a country’s openness to inward trade. One similar indicator is the trade-to-GDP-ratio, which is the sum of exports and imports divided by GDP. It is used to measure a country’s integration in the world economy. As of 2023, China was the second largest merchandise importing nation worldwide, only next to the United States. China’s imports of goods had nearly doubled over the last decade. In 2010, the import value stood at around *** trillion U.S. dollars, whereas in 2024, China brought forth approximately *** trillion U.S. dollars worth of imported commodities, its main import goods being *******************, *********, and iron ore. Meanwhile, the monetary value of services imported to China, although much lower than merchandise imports, also increased steadily. Where does China import from? In 2024, ASEAN was the leading import partner for China, with imports amounting to approximately **** trillion yuan. The European Union was the second largest import source providing nearly *** trillion yuan worth of goods to China. In 2023, the European Union imported around *** billion euros worth of merchandise from China, resulting in a trade deficit of roughly *** billion euros. Trade deficits were most significant in sectors such as *********, ******************* and apparel manufacturing.

The USA: Exports of goods and services as percent of GDP: The latest value from 2024 is 10.9 percent, a decline from 11.01 percent in 2023. In comparison, the world average is 44.58 percent, based on data from 134 countries. Historically, the average for the USA from 1960 to 2024 is 9.08 percent. The minimum value, 4.81 percent, was reached in 1962 while the maximum of 13.64 percent was recorded in 2012.

The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, the growth of the real gross domestic product in the United States was around 2.8 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information. Real gross domestic product (GDP) of the United States The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation. An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy. A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.

United States US: Imports: % of GDP data was reported at 14.600 % in 2016. This records a decrease from the previous number of 15.300 % for 2015. United States US: Imports: % of GDP data is updated yearly, averaging 15.750 % from Dec 2001 (Median) to 2016, with 16 observations. The data reached an all-time high of 17.300 % in 2008 and a record low of 13.400 % in 2002. United States US: Imports: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF: Contribution to GDP.

United States US: GDP: % of GDP: Trade data was reported at 26.580 % in 2016. This records a decrease from the previous number of 27.890 % for 2015. United States US: GDP: % of GDP: Trade data is updated yearly, averaging 19.402 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 30.885 % in 2011 and a record low of 8.930 % in 1961. United States US: GDP: % of GDP: Trade 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: Gross Domestic Product: Share of GDP. Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

President Trump's ten percent tariffs on imports from China, which went into effect on February 4, 2025, are projected to have negative effects on both the GDP of China and the U.S. However, the effect on China's GDP is expected to be stronger and result in a contraction by 0.16 percent in 2026 and 2027 compared to the baseline scenario. In contrast, the U.S. GDP is only projected to be 0.07 percent lower than in the baseline scenario in 2027. If China retaliates, the negative effects on both countries might be stronger.

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.

Graph and download economic data for Contributions to percent change in GDPNow: Real Imports of Goods and Services (IMPORTSCONTRIBNOW) from Q2 2014 to Q2 2025 about contributions, imports, goods, services, real, GDP, and USA.

This statistic depicts the share of imports of goods and services for NAFTA (North American Free Trade Agreement) countries in 1994 and 2020, as percent of GDP. In 2020, 31 percent of Canada's GDP was from imports of goods and services, compared to 32 percent of its GDP in 1994, when NAFTA came into effect.

United States - Contributions to percent change in real gross domestic product: Imports of goods and services was -5.16000 Percentage Points at Annual Rate in January of 2025, according to the United States Federal Reserve. Historically, United States - Contributions to percent change in real gross domestic product: Imports of goods and services reached a record high of 9.56000 in April of 2020 and a record low of -7.46000 in July of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Contributions to percent change in real gross domestic product: Imports of goods and services - last updated from the United States Federal Reserve on August of 2025.

United States GDP Nowcast: saar: YoY: Contribution: Trade Statistics: Imports: Customs: sa: Goods data was reported at 0.837 % in 12 May 2025. This records an increase from the previous number of 0.835 % for 05 May 2025. United States GDP Nowcast: saar: YoY: Contribution: Trade Statistics: Imports: Customs: sa: Goods data is updated weekly, averaging 0.654 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 1.732 % in 16 Aug 2021 and a record low of 0.000 % in 17 Aug 2020. United States GDP Nowcast: saar: YoY: Contribution: Trade Statistics: Imports: Customs: sa: Goods data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).