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As a percentage of U.S. gross domestic product, the goods and services deficit was 3.2% in 2020, up from 2.7% in 2019. [1] [2] The large decline in imports in 2020 has been attributed to the effects of COVID-19 pandemic. [3] Some key highlights of the 2020 data are: Imports of goods decreased $166.2 billion to $2,350.6 billion in 2020. [1] [2]
U.S. states and territories by imports 2018 (in current dollars) National rank State/territory Imports in US$ [7] [8] % of states GDP [9] Largest source [8] Largest import product [8] — United States: $2,540,805,731,547 12.2 China: computer and electronic products 1 California: $441,019,089,038 14.6 China: computer and electronic products 2 Texas
The following is a list and analysis of exports from the United States in United States dollars. [1] [2] The United States exported $3,051.8 billion worth of goods and services in 2023, up $396.4 billion from 2022.
Machinery Partner used Census Bureau trade data to identify the 25 U.S. imports that grew most from 2022 to 2023, ranked by percent change in value. ... 800-290-4726 more ways to reach us.
The U.S. imports over 70% of its softwood lumber and gypsum from Canada and Mexico, according to the NAHB. Construction workers build a single-family home in Westhampton Beach, New York, US, on ...
In 2023, the U.S. bought more than $45 billion in agricultural products from Mexico –including 63% of imported vegetables and 47% of fruits and nuts. Farm imports from Canada came to $40 billion ...
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and ...
The 30 largest trade partners of the United States represent 86.1 percent of U.S. exports, and 89.6 percent of U.S. imports as of 2024. These figures do not include services or foreign direct investment. In 2024, Canada is the largest trading partner of the United States, followed by Mexico and China. [1]