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United States trade in 2024

In 2024, the United States exported $1.9 trillion and imported $3.2 trillion, a trade deficit of $1.3 trillion. It was the world's 2nd-largest exporter, with 8.2% of world exports. Its top export was crude petroleum (6.6% of the total) and its main trading partner was Mexico (14.5% of its trade).

Summary

Exports
$1.9trillion
Imports
$3.2trillion
Trade balance
-$1.3trillion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Crude petroleum (6.6%) and refined petroleum (5.4%) together make up 12% of its exports.

  1. Crude petroleum$122 billion · 6.6%
    Main partner: South Korea
  2. Refined petroleum$100.7 billion · 5.4%
    Main partner: Mexico
  3. Natural gas and LPG$88.4 billion · 4.8%
    Main partner: China
  4. Turbojets and gas turbines$63.9 billion · 3.4%
    Main partner: Germany
  5. Cars$63 billion · 3.4%
    Main partner: Canada
  6. Vaccines, blood and antisera$53.1 billion · 2.9%
    Main partner: Germany
  7. Microchips$43.9 billion · 2.4%
    Main partner: China
  8. Medicines in measured doses or retail packs$40.7 billion · 2.2%
    Main partner: Spain
  9. Auto parts$39.8 billion · 2.1%
    Main partner: Mexico
  10. Airplanes and helicopters$39.2 billion · 2.1%
    Main partner: Ireland

What it imports

Cars (6.8%) and crude petroleum (5.4%) together make up 12.2% of its imports.

  1. Cars$216.5 billion · 6.8%
    Main partner: Mexico
  2. Crude petroleum$169.7 billion · 5.4%
    Main partner: Canada
  3. Computers$126.8 billion · 4%
    Main partner: Mexico
  4. Cameras and broadcast equipment$113 billion · 3.6%
    Main partner: China
  5. Vaccines, blood and antisera$104.8 billion · 3.3%
    Main partner: Ireland
  6. Auto parts$89.9 billion · 2.8%
    Main partner: Mexico
  7. Medicines in measured doses or retail packs$87.2 billion · 2.8%
    Main partner: Switzerland
  8. Computer and office machine parts$79.7 billion · 2.5%
    Main partner: Taiwan
  9. Refined petroleum$59.2 billion · 1.9%
    Main partner: Canada
  10. Trucks$42.5 billion · 1.3%
    Main partner: Mexico

Its products

Destinations and sources of its products that have their own page.

By Harmonized System chapter (96)
ChapterExportsImports
27 · Oil, gas and coal$341.4 billion$247.2 billion
84 · Mechanical machinery$266.3 billion$526.3 billion
85 · Electrical and electronic equipment$167.2 billion$480.1 billion
87 · Vehicles$140.2 billion$382.8 billion
90 · Precision and medical instruments$109.4 billion$122.7 billion
30 · Pharmaceuticals$100.3 billion$199.8 billion
39 · Plastics$91.8 billion$85.8 billion
88 · Aircraft and spacecraft$67.7 billion$38.5 billion
29 · Organic chemicals$50.7 billion$66.6 billion
71 · Gems and precious metals$47.8 billion$75.2 billion
38 · Miscellaneous chemicals$27.8 billion$17.5 billion
12 · Oilseeds and grains$27.8 billion$2.8 billion
02 · Meat and offal$22.6 billion$15.2 billion
10 · Cereals$21.8 billion$3.2 billion
73 · Iron and steel products$21.5 billion$52.6 billion
72 · Iron and steel$18.9 billion$33.8 billion
48 · Paper and paperboard$16.3 billion$22.1 billion
33 · Perfumes and cosmetics$15.5 billion$22.4 billion
23 · Animal feed and food waste$15.4 billion$5.4 billion
08 · Fruit and nuts$15 billion$23.6 billion
28 · Inorganic chemicals$14.9 billion$19 billion
40 · Rubber$14.2 billion$36.2 billion
76 · Aluminum$13.7 billion$29 billion
21 · Food preparations$13.3 billion$12.6 billion
74 · Copper$11.9 billion$17.3 billion
22 · Beverages and spirits$10.9 billion$31.6 billion
26 · Ores and slag$10.1 billion$4.5 billion
44 · Wood$9.9 billion$24.4 billion
34 · Soap and cleaning products$8.5 billion$6.3 billion
47 · Wood pulp$8.2 billion$4.7 billion
32 · Dyes, paints and tanning agents$8.1 billion$5.4 billion
94 · Furniture and lighting$7.9 billion$72.5 billion
70 · Glass$6.5 billion$9.7 billion
97 · Art and antiques$6.3 billion$7.7 billion
04 · Dairy, eggs and honey$6.3 billion$4.5 billion
20 · Preserved fruit and vegetables$5.9 billion$15.3 billion
52 · Cotton$5.9 billion$870 million
93 · Weapons and ammunition$5.5 billion$4.6 billion
19 · Baked goods and cereal products$5.3 billion$16.1 billion
83 · Miscellaneous metal goods$5 billion$16 billion
35 · Glues, starches and enzymes$4.8 billion$3.9 billion
07 · Vegetables$4.8 billion$15.8 billion
03 · Fish and seafood$4.6 billion$20 billion
82 · Tools and cutlery$4.5 billion$11.5 billion
31 · Fertilizers$4.4 billion$9.6 billion
75 · Nickel$4.3 billion$3.6 billion
68 · Stone, plaster and cement articles$4.2 billion$9.9 billion
95 · Toys and sports gear$4.1 billion$43.1 billion
81 · Other base metals$4 billion$3.9 billion
49 · Books and printed matter$3.8 billion$5.7 billion
86 · Railway equipment$3.6 billion$5.7 billion
15 · Fats and oils$3.2 billion$18.3 billion
25 · Salt, stone and cement$3.2 billion$5.5 billion
16 · Prepared meat and fish$3 billion$7.4 billion
17 · Sugar and sweets$2.9 billion$6.9 billion
18 · Cocoa and chocolate$2.5 billion$8.4 billion
55 · Synthetic staple fibers$2.3 billion$1.8 billion
37 · Photographic goods$2.3 billion$1.3 billion
56 · Felt, nonwovens and rope$2.1 billion$3.1 billion
63 · Home textiles and used clothing$2.1 billion$17.7 billion
89 · Ships and boats$2 billion$5.7 billion
69 · Ceramics$2 billion$7.1 billion
59 · Coated and technical textiles$1.6 billion$2.9 billion
54 · Synthetic filaments$1.6 billion$2 billion
62 · Woven clothing$1.6 billion$36.6 billion
24 · Tobacco$1.4 billion$2.7 billion
05 · Other animal products$1.4 billion$1.1 billion
41 · Hides and leather$1.4 billion$512 million
96 · Other manufactured goods$1.4 billion$7.3 billion
61 · Knitted clothing$1.4 billion$47.6 billion
01 · Live animals$1.3 billion$4.7 billion
11 · Milling products and malt$1.2 billion$2.6 billion
64 · Footwear$1.1 billion$27.7 billion
09 · Coffee, tea and spices$1.1 billion$11.5 billion
36 · Explosives and matches$903 million$1.3 billion
91 · Watches and clocks$890 million$7.5 billion
42 · Leather goods and bags$885 million$14.9 billion
92 · Musical instruments$871 million$1.6 billion
57 · Carpets and rugs$610 million$3.5 billion
13 · Gums and plant extracts$536 million$1.8 billion
60 · Knitted fabric$521 million$992 million
06 · Live plants and flowers$469 million$4 billion
65 · Hats$454 million$3.1 billion
58 · Special fabrics and lace$350 million$934 million
79 · Zinc$293 million$2.2 billion
78 · Lead$235 million$981 million
80 · Tin$161 million$782 million
43 · Fur and fur goods$88 million$154 million
67 · Feathers and artificial flowers$78 million$2.6 billion
51 · Wool$56 million$242 million
14 · Other plant products$51 million$200 million
66 · Umbrellas and canes$33 million$690 million
45 · Cork$31 million$291 million
53 · Other plant fibers$14 million$273 million
46 · Wicker and basketware$9 million$655 million
50 · Silk$3 million$62 million

Trading partners

Its main destination is Canada (13.9% of exports) and its main source is Mexico (15.5% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
Canada25813.9%Land
Mexico23712.7%Land
China1558.3%Sea
Germany90.44.9%Air
Japan80.64.3%Air
South Korea71.43.8%Sea
United Kingdom673.6%Sea
Netherlands63.23.4%Sea
France49.62.7%Air
Brazil43.72.4%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
Mexico49115.5%Land
China44914.1%Sea
Canada40012.6%Land
Germany1564.9%Sea
Japan1444.5%Sea
Vietnam1404.4%Sea
South Korea1354.2%Sea
Taiwan1133.6%Air
India88.82.8%Sea
Ireland88.82.8%Air

Overview 1995–2024

In 2024, the United States accounted for 8.2% of world exports, compared with 12.3% in 1995.

Exports and imports

Exports tripled since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 1,862
  • Imports 3,174
  • Balance -1,312

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$621.4 billion$757.9 billion-$136.5 billion
1996$661.3 billion$802.2 billion-$140.9 billion
1997$725.7 billion$876.5 billion-$150.8 billion
1998$720.1 billion$916.2 billion-$196.1 billion
1999$731.8 billion$1 trillion-$291.4 billion
2000$806.5 billion$1.2 trillion-$388.8 billion
2001$752.2 billion$1.1 trillion-$363.3 billion
2002$714.1 billion$1.2 trillion-$455.4 billion
2003$744.1 billion$1.3 trillion-$523.4 billion
2004$832.4 billion$1.5 trillion-$643 billion
2005$904.2 billion$1.7 trillion-$774.6 billion
2006$1 trillion$1.9 trillion-$835.5 billion
2007$1.1 trillion$2 trillion-$821.1 billion
2008$1.3 trillion$2.1 trillion-$814.6 billion
2009$1 trillion$1.5 trillion-$539.1 billion
2010$1.2 trillion$1.9 trillion-$722.5 billion
2011$1.4 trillion$2.2 trillion-$805.6 billion
2012$1.5 trillion$2.3 trillion-$813.2 billion
2013$1.5 trillion$2.2 trillion-$782 billion
2014$1.5 trillion$2.3 trillion-$814.9 billion
2015$1.4 trillion$2.2 trillion-$807.1 billion
2016$1.4 trillion$2.2 trillion-$795.3 billion
2017$1.5 trillion$2.3 trillion-$866.3 billion
2018$1.6 trillion$2.5 trillion-$947.1 billion
2019$1.5 trillion$2.5 trillion-$924.7 billion
2020$1.4 trillion$2.3 trillion-$943.5 billion
2021$1.6 trillion$2.8 trillion-$1.1 trillion
2022$2 trillion$3.2 trillion-$1.2 trillion
2023$1.9 trillion$3 trillion-$1.1 trillion
2024$1.9 trillion$3.2 trillion-$1.3 trillion

World rank

The United States fell from 1st to 2nd among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 1st in 1995
  • 2nd in 2024

Source: CEPII BACI

Show the numbers
YearRank
19951st
19961st
19971st
19981st
19991st
20001st
20011st
20021st
20031st
20042nd
20053rd
20063rd
20073rd
20083rd
20093rd
20102nd
20112nd
20122nd
20132nd
20142nd
20152nd
20162nd
20172nd
20182nd
20192nd
20202nd
20212nd
20222nd
20232nd
20242nd

What it sells

Oil, gas and coal became its top export group: from 2% to 18%

% of exports by Harmonized System chapter.

  • Other 31%
  • Aircraft and spacecraft 4%
  • Plastics 5%
  • Pharmaceuticals 5%
  • Precision and medical instruments 6%
  • Vehicles 8%
  • Electrical and electronic equipment 9%
  • Mechanical machinery 14%
  • Oil, gas and coal 18%

Source: CEPII BACI

Show the numbers
Chapter19952024
Oil, gas and coal2%18.3%
Mechanical machinery20%14.3%
Electrical and electronic equipment16.4%9%
Vehicles8%7.5%
Precision and medical instruments5.1%5.9%
Pharmaceuticals0.94%5.4%
Plastics3.6%4.9%
Aircraft and spacecraft4.3%3.6%
Other39.8%31%

Who it trades with

Japan went from 14% to 4% of the United States' trade

% of total trade (exports + imports) with each partner.

  • Mexico 14%
  • Canada 13%
  • China 12%
  • Germany 5%
  • Japan 4%

Source: CEPII BACI

Show the numbers
Partner19952024
Mexico8.3%14.5%
Canada18.2%13.1%
China4.4%12%
Germany4.8%4.9%
Japan14.2%4.5%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Spraberry Lower Light Oil TXOil and gas · 96.8 Mt CO₂e
  • Marcellus Dry Gas PAOil and gas · 48.2 Mt CO₂e
  • Bone Spring Light Oil NMOil and gas · 42.9 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • New York$2.1 trillion (PPP, 2021 dollars)
  • Los Angeles$996.3 billion (PPP, 2021 dollars)
  • San Francisco$961.7 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

Neighboring countries

Main partners

See all countries