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North America Trade Summary

2008

North America exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR NORTH AMERICA 2008

Overall Exports and Imports for North America 2008

Exports and imports of North America in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,755,531 million.
  • The total value of imports (CIF) was 2,574,743 million.
  • At the HS6 digit level, 4,607 products were exported to 230 countries and 4,608 products were imported from 231 countries.

North America top 5 Export and Import partners 2008

Top five countries to which North America exported in 2008 are below, along with the percent of total exports that went to that country:

  1. North America exports to United States worth US$ 353,783 million, with a partner share of 20.15 percent.
  2. North America exports to Canada worth US$ 260,890 million, with a partner share of 14.86 percent.
  3. North America exports to Mexico worth US$ 157,042 million, with a partner share of 8.95 percent.
  4. North America exports to China worth US$ 81,338 million, with a partner share of 4.63 percent.
  5. North America exports to Japan worth US$ 77,038 million, with a partner share of 4.39 percent.

Top five countries from which North America imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. North America imports from China worth US$ 396,464 million, with a partner share of 15.40 percent.
  2. North America imports from Canada worth US$ 342,657 million, with a partner share of 13.31 percent.
  3. North America imports from Mexico worth US$ 234,928 million, with a partner share of 9.12 percent.
  4. North America imports from United States worth US$ 214,862 million, with a partner share of 8.35 percent.
  5. North America imports from Japan worth US$ 157,769 million, with a partner share of 6.13 percent.

North America Top 5 Productsexports imports at HS 6 digit level 2008

The top five exported HS 6 digit level products to world by North America along with trade value are:

  1. North America exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 68,682,334.61 million.
  2. North America exported Petroleum oils and oils obtained from bituminou , worth US$ 65,985,132.62 million.
  3. North America exported Automobiles with reciprocating piston engine di , worth US$ 43,389,749.92 million.
  4. North America exported Aircraft nes of an unladen weight exceeding 15, , worth US$ 42,334,063.53 million.
  5. North America exported Natural gas in gaseous state , worth US$ 35,081,018.44 million.

The top five imported HS 6 digit level products from world by North America along with trade value are

  1. North America imported Petroleum oils and oils obtained from bituminou , worth US$ 395,373,553.36 million.
  2. North America imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 100,199,428.56 million.
  3. North America imported Automobiles with reciprocating piston engine di , worth US$ 74,129,568.21 million.
  4. North America imported Automobiles with reciprocating piston engine di , worth US$ 67,632,630.01 million.
  5. North America imported Other medicaments of mixed or unmixed products, , worth US$ 41,882,116.39 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by North America in 2008 are below

  • The maximum rate of tariff in percentage on any product was 1,450.33 percent.
  • The simple average tariff across all products was 4.28 percent.
  • The trade weighted average tariff was 1.57 .
  • The total duty free imports in thousands of US dollars were 1,663,933,048.93 and duty free tariff line items share was 54.88 percent.

Development Indicators 2008

Key Development Indicators of North America in 2008 are below

  • North America GDP in current US dollar was 16,329,828 million.
  • GNI per capita, Atlas method (current US$) was 48,698.52 .
  • North America Trade balance: as % of GDP was -4.36.
  • Trade balance in current US$ was -711,694.00 million.
  • Trade as percentage of GDP was 33.04 .
  • Trade in services as percentage of GDP was 6.92 .

Trade Indicators 2008

Trade Indicators for North America in 2008 are below

  • Hirschman Herfindahl market concentration index was not available.
  • Index of export market penetration was not available.
  • World Growth in percentage was not available and North America Country Growth was not available .