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.

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.

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.

The United States' total Exports in 2024 were valued at US$2.06 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main export partners were: Canada, Mexico and China. The top three export commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$3.36 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

In 2024, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 505.85 billion U.S. dollars. China and Canada rounded out the top three as these countries continue to enjoy a close trading relationship under the United States-Mexico-Canada trade agreement. Germany and Japan were also high on the list, both providing the U.S. with over 140 billion dollars worth of imports in 2024.

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.

Key information about United States Total Exports

• United States Total Exports recorded 171.6 USD bn in Jan 2025, compared with 168.8 USD bn in the previous month
• US Total Exports data is updated monthly, available from Jan 1989 to Jan 2025, with an averaged value of 86.4 USD bn
• The data reached an all-time high of 181.2 USD bn in Jul 2022 and a record low of 28.4 USD bn in Jan 1989

• In the latest reports, US Total Exports dropped 7.9 % YoY in May 2023
• Total Imports recorded 327.1 USD bn in Jan 2025, which registered an increase of 26.1 % year on year
• US Trade Balance recorded a deficit of 155.6 USD bn in Jan 2025

This graph shows the growth in the U.S. import volume of trade goods from all countries from 1987 to 2024. In 2024, U.S. imports from the rest of the world amounted to approximately 3.27 trillion U.S. dollars.

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.

China's total Exports in 2024 were valued at US$3.58 Trillion, according to the United Nations COMTRADE database on international trade. China's main export partners were: the United States, Hong Kong and Vietnam. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Imports were valued at US$2.59 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.

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.

Germany's total Exports in 2024 were valued at US$1.69 Trillion, according to the United Nations COMTRADE database on international trade. Germany's main export partners were: the United States, France and the Netherlands. The top three export commodities were: Vehicles other than railway, tramway; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$1.43 Trillion. In 2024, Germany had a trade surplus of US$258.07 Billion.

The European Union's total Exports in 2024 were valued at US$2.80 Trillion, according to the United Nations COMTRADE database on international trade. The European Union's main export partners were: the United States, the United Kingdom and China. The top three export commodities were: Machinery, nuclear reactors, boilers; Pharmaceutical products and Vehicles other than railway, tramway. Total Imports were valued at US$2.64 Trillion. In 2024, The European Union had a trade surplus of US$159.68 Billion.

In 2024, the total value of the U.S. trade in goods with China amounted to around *** billion U.S. dollars composed of a ****** billion U.S. dollars export value and a ****** billion U.S. dollars import value. This represented a negative trade balance of ***** billion U.S. dollars.

Key information about Israel's Trade Balance

• Israel's Trade Balance recorded a deficit of 4.3 USD bn in Dec 2024, compared with a deficit of 2.8 USD bn in the previous month
• Israel's Trade Balance data is updated monthly, available from Jan 1988 to Dec 2024, with an averaged value of -741.7 USD mn
• The data reached an all-time high of 113.8 USD mn in May 2009 and a record low of -5.2 USD bn in May 2022

• In the latest reports, Israel's Total Exports reached 4.8 USD bn in Nov 2024, an increase of 25.8% YoY (year-on-year)
• Total Imports recorded 9.5 USD bn in Dec 2024, an increase of 25.8% YoY (year-on-year)

Key information about China Total Exports to USA

• China Total Exports to USA recorded 48.830 USD bn in Dec 2024, compared with 47.309 USD bn in the previous Nov 2024
• China Total Exports to USA data is updated monthly, available from Jan 1981 to Dec 2024, with an averaged value of 6.676 USD bn
• The data reached an all-time high of 57.397 USD bn in Sep 2021 and a record low of 78.416 USD mn in Feb 1981

China trade balance for 2023 was 386.04 billion US dollars, a 33.19% decline from 2022.

<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.

Turkey's total Exports in 2024 were valued at US$261.79 Billion, according to the United Nations COMTRADE database on international trade. Turkey's main export partners were: Germany, the United States and the United Kingdom. The top three export commodities were: Vehicles other than railway, tramway; Machinery, nuclear reactors, boilers and Mineral fuels, oils, distillation products. Total Imports were valued at US$344.01 Billion. In 2024, Turkey had a trade deficit of US$82.22 Billion.

Canada's total Exports in 2024 were valued at US$569.17 Billion, according to the United Nations COMTRADE database on international trade. Canada's main export partners were: the United States, China and the United Kingdom. The top three export commodities were: Mineral fuels, oils, distillation products; Vehicles other than railway, tramway and Machinery, nuclear reactors, boilers. Total Imports were valued at US$558.45 Billion. In 2024, Canada had a trade surplus of US$10.72 Billion.

Key information about China's Trade Balance

• China's Trade Balance recorded a surplus of 104.8 USD bn in Dec 2024, compared with a surplus of 97.3 USD bn in the previous month
• China's Trade Balance data is updated monthly, available from Jan 1992 to Dec 2024, with an averaged value of 12.8 USD bn
• The data reached an all-time high of 104.8 USD bn in Dec 2024 and a record low of -62.0 USD bn in Feb 2020

• In the latest reports, China's Total Exports reached 335.6 USD bn in Dec 2024, an increase of 20.8% YoY (year-on-year)
• Total Imports recorded 230.8 USD bn in Dec 2024, an increase of 20.8% YoY (year-on-year)