As per USA Customs data, the major exports of the country are machinery, electrical machinery and equipment, mineral fuels and oils, vehicles, optical, photographic, medical equipment, aircraft, spacecraft and parts and plastics.
United States of America is regarded as the super power. As per USA Export Data the country exported goods valued USD 1,431 billion in 2020, a decline of 13% as compared to the previous year. USA trade data and analytics show that United States was second largest exporter country in the world during 2020.
The major export partners of United States are Mexico, China, United Kingdom, Germany and South Korea. As per USA Import Data and analytics reports, the United States imported goods worth USD 2407 billion in 2020.
As per import statistics data, the country was the top most importer country in the world during 2020. The major import commodities of the United States are machinery, electrical machinery and equipment, vehicles, pharma products, mineral fuels, oils, pearls and precious stones and optical, photographic and medical equipment.
The main import partners of United States are China, Mexico, Canada, Japan, Germany, Vietnam, South Korea and Switzerland. The country’s greatest trading partners are also those who provide the most of country’s imports. The most powerful nation in the world receives the most imports from China, Mexico, and Canada.
As per USA customs data, two-thirds of all agriculture imports include horticulture and tropical products like nuts, wine, flowers, fruits and hops. Other food products like sugar, coffee, cocoa, and rubber provide about 18% of all agricultural products brought into United States every year.
Canada, Mexico, the European Union, Chile, and Brazil are the largest importers of American made food products including horticultural goods, sugar and tropical products unique the North American Climate.
The United States of America shipped $1.431 trillion worth goods all around the globe in the year 2020. This reflects -1.4% decrease since 2016 and -13% decline from 2019 to 2020. The country’s biggest export products by value in 2020 were refined petroleum oil, crude oil, cars, electronic integrated circuits, and petroleum gases. These major exports accounted for 16.4% of overall exports sales from United States.
The United States ranks among world leading nations for exporting refined petroleum oils, cars and petroleum gases. The country is the largest service exporter in the world. US exports of services valued $875.8 billion in 2019, up 1.6% from 2018. The United Kingdom was the largest purchaser of US services exports in 2019 accounting for nearly 9% of the total US service exports.
The country is also the largest service importer in the world. US imports of services were $588.4 in 2019 billion up 4.7% from 2018. The country was the largest supplier of services accounting for 11% of total US service imports in 2019. The top five suppliers of US service imports in 2019 were United Kingdom, Canada, Japan, Germany and Mexico.