Trade statistics of the USA suggest that during 2020, the USA was the largest importer and exporter country across the globe.
The custom import-export data of the USA that Exim Trade Data provides is based on factual and reliable authorized data such as the Import Bills, Shipping Bills, Invoices and some other crucial import-export documents needed for trade across international borders
For the authenticity of data, and to make sure we offer you 100% genuine, accurate and reliable customs import-export trade data, we derive data from the most reliable sources of information including Trade Associations, Port Authorities, Customs Departments, Shipping & Logistics Companies, Government Bodies, and some other Authorized sources of links from all over the globe.
Total Import-Export Value of The USA According To US Import-Export Data
Given below total import value of the USA is based on US Import data year wise:
➢ The total import value of the USA in 2016 was $2,739.69 billion, a decline of 1.89% from 2015.
➢ The total import value of the USA in 2017 was $2,930.09 billion, an increase of 6.95% from 2016.
➢ The total import value of the USA in 2018 was $3,138.16 billion, an increase of 7.1% from 2017.
➢ The total import value of the USA in 2019 was $3,125.22 billion, a decline of 0.41% from 2018.
Exports
Given below total export value of the USA is based on US Export data yearwise:
➢ The total export value of the USA in 2016 was $2,227.17 billion, a decline of 1.71% from 2015.
➢ The total export value of the USA in 2017 was $2,374.56 billion, an increase of 6.62 from 2016.
➢ The total export value of the USA in 2018 was $2,528.70 billion, an increase of 6.49 from 2017.
➢ The total export value of the USA in 2019 was $2,514.75 billion, a decline of 0.55% from 2018.
Trade Balance
➔ The trade balance of the US in 2016 was $-512.51 billion, a decline of 2.67% from 2015.
➔ The trade balance of the US in 2017 was $-555.53 billion, an increase of 8.39% from 2016.
➔ The trade balance of the US in 2018 was $-609.46 billion, an increase of 9.71% from 2017.
➔ The trade balance of the US in 2019 was $-610.47 billion, an increase of 0.17% from 2018.
What are the Main Imports & Exports of US by Products?
Based on the market analysis and reports and US import data by product, Machinery & Computers $361.6 billion (15%), Organic Chemicals $55.9 billion (2.3%), Electrical Machinery & Equipment $343.5 billion (14.3%), Plastics & Articles of Plastics $62.5 billion (2.6%), Vehicles $254.4 billion (10.6%), Lighting, Furniture, Signs Prefab Buildings & Bedding $65.5 billion (2.7%), Pharmaceuticals $139.5 billion (5.8%), Precious Metals & Gems $107 billion (4.4%), Mineral Oils & Fuels $130.1 billion (5.4%), Technical, and Optical & Medical Apparatus $90.9 billion (3.8%) were the top imported products of the USA in 2020 according to the us import data by product.
Exports
The market research reports and us export data show that Pharmaceuticals $53.9 billion (3.8%), Plastics & Articles of Plastics $60.2 billion (4.2%), Machinery & Computers $182.6 billion (12.8%), Vehicles $105.2 billion (7.3%), Mineral Oils & Fuels $155.1 billion (10.8%), Organic Chemicals $34 billion (2.4%), Precious Metals & Gems $60 billion (4.2%), Spacecraft & Aircraft $80.9 billion (5.7%), Electrical Machinery & Equipment $162.9 billion (11.4%), and Technical, Optical & Medical Apparatus $83.4 billion (5.8%) were the top exported products of the US by US Export Data By Product.
US customs import-export trade data is a powerful tool to discover and analyze in-depth shipping records of containers and shipments of global foreign countries.
The custom import-export trade data that Exim Trade Data provides contains essential details including HS Code, Consignment & Shipping Details, Importer & Exporter Names, Product Description, Port Name, Date & Origin of Country, Rates-Unit-Volume-Quantity & Weight, Mode of Transport, and so on.
For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.
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