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Graph and download economic data for Net Exports of Goods and Services (NETEXP) from Q1 1947 to Q1 2025 about exports, Net, goods, services, GDP, and USA.
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United States - Net Exports of Goods and Services was -1262.30700 Bil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Net Exports of Goods and Services reached a record high of 21.58200 in April of 1975 and a record low of -1262.30700 in January of 2025. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Net Exports of Goods and Services - last updated from the United States Federal Reserve on June of 2025.
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Graph and download economic data for Real Net Exports of Goods and Services (NETEXC) from Q1 1970 to Q1 2025 about exports, Net, goods, services, real, GDP, and USA.
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Graph and download economic data for Shares of gross domestic product: Net exports of goods and services (A019RE1A156NBEA) from 1929 to 2024 about Shares of GDP, exports, Net, goods, services, GDP, and USA.
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United States - Net exports of goods and services was -903.05200 Bil. of $ in January of 2024, according to the United States Federal Reserve. Historically, United States - Net exports of goods and services reached a record high of 15.97700 in January of 1975 and a record low of -958.93500 in January of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Net exports of goods and services - last updated from the United States Federal Reserve on July of 2025.
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<ul style='margin-top:20px;'>
<li>U.S. exports for 2022 were <strong>3.017 trillion US dollars</strong>, a <strong>18.08% increase</strong> from 2021.</li>
<li>U.S. exports for 2021 were <strong>2.555 trillion US dollars</strong>, a <strong>18.79% increase</strong> from 2020.</li>
<li>U.S. exports for 2020 were <strong>2.151 trillion US dollars</strong>, a <strong>15.29% decline</strong> from 2019.</li>
</ul>Exports of goods and services represent the value of all goods and other market services provided to 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. Data are in current U.S. dollars.
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United States - Shares of gross domestic product: Net exports of goods and services was -4.20% in January of 2025, according to the United States Federal Reserve. Historically, United States - Shares of gross domestic product: Net exports of goods and services reached a record high of 4.70 in July of 1947 and a record low of -6.00 in October of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Shares of gross domestic product: Net exports of goods and services - last updated from the United States Federal Reserve on June of 2025.
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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Key information about United States Total Exports
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Exports in the United States decreased to 279 USD Billion in May from 290.57 USD Billion in April of 2025. This dataset provides the latest reported value for - United States Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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United States GDP: Net Exports of Goods & Services (NE) data was reported at -903.052 USD bn in 2024. This records a decrease from the previous number of -797.342 USD bn for 2023. United States GDP: Net Exports of Goods & Services (NE) data is updated yearly, averaging -7.946 USD bn from Dec 1929 (Median) to 2024, with 96 observations. The data reached an all-time high of 15.977 USD bn in 1975 and a record low of -958.935 USD bn in 2022. United States GDP: Net Exports of Goods & Services (NE) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A006: NIPA 2023: GDP by Expenditure: Current Price: Annual.
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The United States recorded a trade deficit of 71.52 USD Billion in May of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Graph and download economic data for Contributions to percent change in GDPNow: Real Change of Net Exports of Goods and Services (CHNGNETEXPORTSCONTRIBNOW) from Q2 2014 to Q2 2025 about contributions, exports, Net, goods, services, real, GDP, and USA.
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Key information about United States Total Exports
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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United States GDP: Net Exports of Goods and Services: Exports: Services data was reported at 116.000 USD bn in Dec 2006. This records an increase from the previous number of 111.600 USD bn for Sep 2006. United States GDP: Net Exports of Goods and Services: Exports: Services data is updated quarterly, averaging 8.450 USD bn from Mar 1947 (Median) to Dec 2006, with 240 observations. The data reached an all-time high of 116.000 USD bn in Dec 2006 and a record low of 0.500 USD bn in Mar 1950. United States GDP: Net Exports of Goods and Services: Exports: Services data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A175: NIPA 2003: GDP by Expenditure.
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Key information about Japan Total Exports to 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.
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United States - Contributions to percent change in gross domestic product price index: Net exports of goods and services was 0.00000 Percentage Points at Annual Rate in January of 2024, according to the United States Federal Reserve. Historically, United States - Contributions to percent change in gross domestic product price index: Net exports of goods and services reached a record high of 1.11000 in January of 2009 and a record low of -1.36000 in January of 1980. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Contributions to percent change in gross domestic product price index: Net exports of goods and services - last updated from the United States Federal Reserve on July of 2025.
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.
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Graph and download economic data for Net Exports of Goods and Services (NETEXP) from Q1 1947 to Q1 2025 about exports, Net, goods, services, GDP, and USA.