Graph and download economic data for Net Exports of Goods and Services (NETEXP) from Q1 1947 to Q4 2024 about exports, Net, goods, services, GDP, and USA.

Graph and download economic data for Real Net Exports of Goods and Services (NETEXC) from Q1 1970 to Q4 2024 about exports, Net, goods, services, real, GDP, and USA.

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.

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.

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.

United States - Shares of gross domestic product: Net exports of goods and services was -3.20% in October of 2024, 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 March of 2025.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

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.

This page displays a table with United States Exports By Category in U.S. dollars, according to the United Nations COMTRADE database on international trade.

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.

United States GDP: 2000p: sa: Net Exports of Goods and Services data was reported at -296.800 USD bn in Mar 2009. This records an increase from the previous number of -364.500 USD bn for Dec 2008. United States GDP: 2000p: sa: Net Exports of Goods and Services data is updated quarterly, averaging -296.800 USD bn from Mar 1990 (Median) to Mar 2009, with 77 observations. The data reached an all-time high of -4.700 USD bn in Mar 1992 and a record low of -637.800 USD bn in Dec 2005. United States GDP: 2000p: sa: Net Exports of Goods and 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.

United States GDP: 1992p: sa: Net Exports of Goods & Services data was reported at -338.000 USD bn in Jun 1999. This records a decrease from the previous number of -303.600 USD bn for Mar 1999. United States GDP: 1992p: sa: Net Exports of Goods & Services data is updated quarterly, averaging -62.300 USD bn from Sep 1959 (Median) to Jun 1999, with 160 observations. The data reached an all-time high of 33.400 USD bn in Sep 1980 and a record low of -338.000 USD bn in Jun 1999. United States GDP: 1992p: sa: Net Exports of Goods & 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.A206: NIPA 1995: GDP by Expenditure: 1992 Price: Seasonally Adjusted.

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.

Key information about Belarus Total Exports to USA

• Belarus Total Exports to USA recorded 2.507 USD mn in Jun 2022, compared with 2.615 USD mn in the previous May 2022
• Belarus Total Exports to USA data is updated monthly, available from Feb 1992 to Jun 2022, with an averaged value of 8.014 USD mn
• The data reached an all-time high of 106.154 USD mn in Jan 2022 and a record low of 0.200 USD mn in Jan 1993

CEIC de-accumulates monthly Total Exports to USA. National Statistical Committee of the Republic of Belarus provides Total Exports to USA, FOB, in USD. Total Exports to USA prior to January 2011 is sourced from the International Monetary Fund.

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 Q1 2025 about contributions, exports, Net, goods, services, real, GDP, and USA.

The United States net petroleum import volume amounted to a negative 1630 thousand barrels per day in 2023. The North American country became a net exporter of petroleum in 2020, when its net import volume reached a negative 651 thousand barrels per day. During the displayed period net imports have decreased notably, having reached a peak of 12.55 million barrels per day in 2005. Following the advent of unconventional shale extraction, the U.S. was able to achieve a trade surplus.

Key information about Japan Total Exports to USA

• Japan Total Exports to USA recorded 12.567 USD bn in Feb 2025, compared with 9.837 USD bn in the previous Jan 2025
• Japan Total Exports to USA data is updated monthly, available from Jan 1960 to Feb 2025, with an averaged value of 8.049 USD bn
• The data reached an all-time high of 14.454 USD bn in Dec 2023 and a record low of 64.000 USD mn in Feb 1961

CEIC converts monthly Total Exports to USA into USD. The Ministry of Finance provides Total Exports to USA, FOB, in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Total Exports to USA prior to January 1985 is sourced from the International Monetary Fund

The timeline shows the total value of international U.S. exports of goods and services from 2000 to 2023. In 2023, the total value of international U.S. exports of goods and services amounted to 3.05 trillion U.S. dollars.

United States - Exports of Goods: Net exports of goods under merchanting was 134.00000 Mil. of $ in October of 2024, according to the United States Federal Reserve. Historically, United States - Exports of Goods: Net exports of goods under merchanting reached a record high of 1068.00000 in January of 2024 and a record low of 15.00000 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Exports of Goods: Net exports of goods under merchanting - last updated from the United States Federal Reserve on March of 2025.

As of 2024, the United States had a trade deficit of about 918 billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.