United States (USA) Exports, Imports, and Trade Partners

United States (USA) Exports, Imports, and Trade Partners

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Importer Exporter

The United States is the 3rd largest export economy in the world and the 7th most complex economy according to the Economic Complexity Index (ECI). In 2017, the United States exported $1.25T and imported $2.16T, resulting in a negative trade balance of $910B. In 2017 the GDP of the United States was $19.4T and its GDP per capita was $59.5k.

The top exports of the United States are Refined Petroleum ($74.5B), Cars ($56B), Planes, Helicopters, and/or Spacecraft ($54B), Gas Turbines ($31.6B) and Packaged Medicaments ($29.5B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($178B), Crude Petroleum ($129B), Broadcasting Equipment ($105B), Computers ($73.5B) and Vehicle Parts ($67.1B).

The top export destinations of the United States are Mexico ($181B), Canada ($149B), China ($133B), Japan ($66.9B) and Germany ($61.6B). The top import origins are China ($476B), Mexico ($307B), Canada ($274B), Japan ($125B) and Germany ($111B).

The United States borders Canada and Mexico by land and the Bahamas by sea.

Exports

In 2017 the United States exported $1.25T, making it the 3rd largest exporter in the world. During the last five years the exports of the United States have decreased at an annualized rate of -2.1%, from $1.38T in 2012 to $1.25T in 2017. The most recent exports are led by Refined Petroleum which represent 5.95% of the total exports of the United States, followed by Cars, which account for 4.47%.

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Imports

In 2017 the United States imported $2.16T, making it the largest importer in the world. During the last five years the imports of the United States have increased at an annualized rate of 0.4%, from $2.14T in 2012 to $2.16T in 2017. The most recent imports are led by Cars which represent 8.28% of the total imports of the United States, followed by Crude Petroleum, which account for 5.98%.

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Trade Balance

As of 2017 the United States had a negative trade balance of $910B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $124B in net imports.

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Destinations

The top export destinations of the United States are Mexico ($181B), Canada ($149B), China ($133B), Japan ($66.9B) and Germany ($61.6B).

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Origins

The top import origins of the United States are China ($476B), Mexico ($307B), Canada ($274B), Japan ($125B) and Germany ($111B).

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Product Space

The product space is a network connecting products that are likely to be co-exported and can be used to predict the evolution of a country’s export structure.

The economy of the United States has an Economic Complexity Index (ECI) of 1.76 making it the 7th most complex country. the United States exports 452 products with revealed comparative advantage (meaning that its share of global exports is larger than what would be expected from the size of its export economy and from the size of a product’s global market).

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Complexity and Income Inequality

In this version of the product space products are colored according to their Product Gini Index, or PGI. The PGI of a product is the level of income inequality that we expect for the countries that export a product. For more information see: Linking Economic Complexity, Institutions and Income Inequality and The structural constraints of income inequality in Latin America.

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Economic Complexity Ranking

In this version of the product space products are colored according to their Product Gini Index, or PGI. The PGI of a product is the level of income inequality that we expect for the countries that export a product. For more information see: Linking Economic Complexity, Institutions and Income Inequality and The structural constraints of income inequality in Latin America.

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Income by Location

This map shows the states in the United States colored by median income.

Data USA is the most comprehensive visualization of U.S. public data. If you would like more info or to create a similar site get in touch with us at [email protected].

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Income by Location

This bar chart shows the wage distribution in the United States.

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Globally Famous People of the United States

This treemap shows the cultural exports of the United States, as proxied by the production of globally famous historical characters.

The most memorable people born within the present day boundries of United States include Donald Trump, Thomas Jefferson, Thomas Edison, Jimmy Carter, Muhammad Ali, Edgar Allan Poe, Abraham Lincoln, Marilyn Monroe, Sylvester Stallone and Ronald Reagan.

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Globally Famous People of the United States by City

This treemap shows the cultural exports of the United States by city, as proxied by the production of globally famous historical characters.

The most common birth places of memorable people born within the present day boundries of United States include New York City, Los Angeles, Chicago, Philadelphia, Boston, Brooklyn, San Francisco, Washington, D.C., Detroit and Houston.

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