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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 July of 2025.
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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.
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Graph and download economic data for Shares of gross domestic product: Imports of goods (A255RE1Q156NBEA) from Q1 1947 to Q1 2025 about Shares of GDP, imports, goods, 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.
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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.
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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;
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Graph and download economic data for Shares of gross domestic product: Imports of goods and services (B021RE1Q156NBEA) from Q1 1947 to Q1 2025 about Shares of GDP, imports, goods, services, GDP, and USA.
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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.
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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.
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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;
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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Imports in the United States decreased to 350.52 USD Billion in May from 350.83 USD Billion in April of 2025. This dataset provides the latest reported value for - United States Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
California is the richest state of the United States. The state’s trade volume is currently about 58 billion U.S. dollars, with imports making about 75 percent of this value. Compared to Texas, the second-largest state after itself, California exported less goods to the rest of the world over this period. California’s economic contribution California’s economic output places the state at the top in the United States. Measured by GDP, California contributed 3.2 trillion U.S. dollars to the U.S. economy, 50 percent more than that of Texas. On a per capita basis, California’s GDP corresponds to almost 83 thousand U.S. dollars in real terms. Tech companies and wages in California California is the home to technology powerhouses of the United States. The world’s highest capping tech companies such as Apple and Google were founded and headquartered in California. According to a 2023 study, Silicon Valley was also the leading hub that offered the highest wages to tech workers. On average, a tech employee earned around 142 thousand dollars working for a Silicon Valley company.
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Imports: Value Goods for the United States was 12.60440 % of GDP in January of 2022, according to the United States Federal Reserve. Historically, Imports: Value Goods for the United States reached a record high of 14.23617 in January of 2008 and a record low of 2.62507 in January of 1961. Trading Economics provides the current actual value, an historical data chart and related indicators for Imports: Value Goods for the United States - last updated from the United States Federal Reserve on July of 2025.
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Graph and download economic data for Contributions to percent change in real gross domestic product: Imports of goods (A255RY2Q224SBEA) from Q2 1947 to Q2 2025 about contributions, imports, percent, goods, real, GDP, and USA.
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 - Contributions to percent change in real gross domestic product: Imports of goods was -4.98000 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 reached a record high of 6.97000 in April of 2020 and a record low of -7.01000 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 - last updated from the United States Federal Reserve on July of 2025.
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.
This timeline shows the value of international U.S. exports of travel services from 2000 to 2024. In 2024, the value of international U.S. exports of travel services amounted to around 215.4 billion U.S. dollars.
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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 July of 2025.