The import trade rate covers a wide range of goods like machinery, textiles, agricultural goods, staple food products, and others as per the limited production capabilities of the industrial sectors. The import market of the United States has been the most economically diverse with a GDP value of more than 20 trillion US dollars.
Electronics and technology products dominated the import trade market of the nation by its rapid surge in the industrial hike and continuously growing demands for technology-equipped devices in the manufacturing sectors for sustainable production rate. The country’s import trade value stands at a staggering import rate of 3.1 trillion US dollars in 2023 an increase of 2% from the previous year worth 2.9 trillion US dollars in 2022.
The USA Import Data showcases the below-mentioned products as the top import necessities of the nation in 2023 with its trade values,
• Electronic equipment (HS code – 85) – Import trade Cost rate of Electronic equipment imports in 2023 -400 billion US dollars.
• Crude oil (HS code – 15) – Import trade Cost rate of Crude oil imports in 2023 – 300 billion US dollars.
• Cars and motor vehicles (HS code – 87) – Import trade Cost rate of Cars and motor vehicles imports in 2023 - 200 billion US dollars.
• Pharmaceuticals (HS code – 29) – Import trade Cost rate of Pharmaceuticals imports in 2023 - 150 billion US dollars.
• Machinery (HS code – 84) – Import trade Cost rate of Machinery imports in 2023 – 100 billion US dollars.
• Furniture (HS code – 94) – Import trade Cost rate of Furniture imports in 2023 - 50 billion US dollars.
• Clothing and accessories (HS code – 43) – Import trade Cost rate of Clothing and accessories imports in 2023 -40 billion US dollars.
• Organic chemicals (HS code – 29) – Import trade Cost rate of Organic chemicals imports in 2023 - 30 billion US dollars.
• Plastic (HS code – 95) – Import trade Cost rate of Plastic imports in 2023 - 25 billion US dollars.
• Iron and steel (HS code – 72) – Import trade Cost rate of Iron and steel imports in 2023 - 20 billion US dollars.
According to the USA Customs Data, the top import trade destinations of the nation in 2023 with its top imported products are discussed below,
• China – As per the China Export Data, Valuations of products imported by USA from China in 2023 – 482 billion US dollars.
Top 5 Imports of USA From China
1. Smartphones
2. Televisions
3. Audio equipment
4. Computer Components
5. Passenger cars
• Mexico – As per the Mexico Export Data, Valuations of products imported by USA from Mexico in 2023 – 358 billion US dollars.
Top 5 Imports of USA From Mexico
1. Auto parts and accessories
2. Crude oil
3. Construction machinery
4. Prescription drugs
5. Clothing
• Canada – As per the Canada Export Data, Valuations of products imported by USA from Canada in 2023 – 310 billion US dollars.
Top 5 Imports of USA From Canada
1. Natural gas
2. Industrial robots
3. Medical devices
4. Vitamins and health supplements
5. Home textiles
• Japan – As per the Japan Export Data, Valuations of products imported by USA from Japan in 2023 – 136 billion US dollars.
Top 5 Imports of USA From Japan
1. Fabrics and yarns
2. Agricultural machinery
3. Machine tools for manufacturing
4. Solar panels and wind turbines
5. Laboratory testing equipment
• Germany – As per the Germany Export Data, Valuations of products imported by USA from Germany in 2023 – 126 billion US dollars.
Top 5 Imports of USA From Germany
1. Medical devices
2. Agricultural machinery
3. Coal
4. Motorcycles and bicycles
5. Electric vehicles
• Brazil – As per the Brazil Export Data, Valuations of products imported by USA from Brazil in 2023 – 76 billion US dollars.
Top 5 Imports of USA From Brazil
1. Natural gas
2. Construction machinery
3. Machine tools for manufacturing
4. Agricultural machinery
5. Laboratory testing equipment
• South Korea – As per the South Korea Export Data, Valuations of products imported by USA from South Korea in 2023 – 73 billion US dollars.
Top 5 Imports of USA From South Korea
1. Leather goods and accessories
2. Clothing
3. Coffee, tea, and spices
4. Fertilizers
5. Synthetic rubber
• United Kingdom – As per the United Kingdom Export Data, Valuations of products imported by the USA from the United Kingdom in 2023 – 66 billion US dollars.
Top 5 Imports of USA From the United Kingdom
1. Rare earth elements
2. Integrated circuits
3. Circuit breakers
4. Kitchenware and tableware
5. Mattresses and bedding
• France – As per the France Export Data, Valuations of products imported by USA from France in 2023 – 56 billion US dollars.
Top 5 Imports of USA From the France
1. Aircraft parts and engines
2. Avionics
3. Watches
4. Platinum and other precious metals
5. Toys and games
• India – As per the India Export Data, Valuations of products imported by USA from India in 2023 – 44 billion US dollars.
Top 5 Imports of USA From India
1. DIY hardware supplies
2. Industrial adhesives and sealants
3. Tractors and harvesters
4. Irrigation equipment
5. Dairy and poultry equipment
1. Import trade value of USA in 2013 – 1.38 trillion US dollars
2. Import trade value of USA in 2014 – 1.42 trillion US dollars
3. Import trade value of USA in 2015 – 2.27 trillion US dollars
4. Import trade value of USA in 2016 – 2.54 trillion US dollars
5. Import trade value of USA in 2017 – 2.29 trillion US dollars
6. Import trade value of USA in 2018 – 2.78 trillion US dollars
7. Import trade value of USA in 2019 – 1.52 trillion US dollars
8. Import trade value of USA in 2020 – 1.89 trillion US dollars
9. Import trade value of USA in 2021 – 2.68 trillion US dollars
10. Import trade value of USA in 2022 – 2.9 trillion US dollars
Que. What is the top import of the USA in 2023?
Ans. Electronic equipment is the top import of the USA in 2023.
Que. Who is the top import trade partner of the USA in 2023?
Ans. China is the top import trade partner of the USA in 2023.
Que. Where can you get a detailed trade analysis of USA import trade in 2023?
Ans. At Import Globals, you can get a detailed trade analysis of USA Import trade in 2023.