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North America Trade Summary

2016

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 2016

Overall Exports and Imports for North America 2016

Exports and imports of North America in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,839,768 million.
  • The total value of imports (CIF) was 2,650,427 million.
  • At the HS6 digit level, 4,576 products were exported to 232 countries and 4,578 products were imported from 231 countries.

North America top 5 Export and Import partners 2016

Top five countries to which North America exported in 2016 are below, along with the percent of total exports that went to that country:

  1. North America exports to United States worth US$ 296,448 million, with a partner share of 16.11 percent.
  2. North America exports to Canada worth US$ 266,702 million, with a partner share of 14.50 percent.
  3. North America exports to Mexico worth US$ 235,988 million, with a partner share of 12.83 percent.
  4. North America exports to China worth US$ 131,420 million, with a partner share of 7.14 percent.
  5. North America exports to Japan worth US$ 71,330 million, with a partner share of 3.88 percent.

Top five countries from which North America imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. North America imports from China worth US$ 529,910 million, with a partner share of 19.99 percent.
  2. North America imports from Mexico worth US$ 321,246 million, with a partner share of 12.12 percent.
  3. North America imports from Canada worth US$ 285,955 million, with a partner share of 10.79 percent.
  4. North America imports from United States worth US$ 210,602 million, with a partner share of 7.95 percent.
  5. North America imports from Japan worth US$ 146,999 million, with a partner share of 5.55 percent.

North America Top 5 Productsexports imports at HS 6 digit level 2016

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 70,319,853.82 (US$ Thousands).
  2. North America exported Petroleum oils and oils obtained from bituminou , worth 48,966,144.12 (US$ Thousands).
  3. North America exported Automobiles with reciprocating piston engine di , worth 44,697,298.41 (US$ Thousands).
  4. North America exported Automobiles with reciprocating piston engine di , worth 41,929,312.94 (US$ Thousands).
  5. North America exported Monolithic integrated circuits, nes , worth 34,422,689.77 (US$ Thousands).

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

  1. North America imported Automobiles with reciprocating piston engine di , worth 121,378,711.49 (US$ Thousands).
  2. North America imported Petroleum oils and oils obtained from bituminou , worth 118,964,465.59 (US$ Thousands).
  3. North America imported Automobiles with reciprocating piston engine di , worth 60,550,359.34 (US$ Thousands).
  4. North America imported Transmission apparatus, for radioteleph incorpo , worth 57,408,857.46 (US$ Thousands).
  5. North America imported Other medicaments of mixed or unmixed products, , worth 57,236,716.26 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by North America in 2016 are below

  • The maximum rate of tariff in percentage on any product was 1,642.84 percent.
  • The simple average tariff across all products was 3.67 percent.
  • The trade weighted average tariff was 1.64 .
  • The total duty free imports in thousands of US dollars were 1,744,442,935.27 and duty free tariff line items share was 59.62 percent.

Development Indicators 2016

Key Development Indicators of North America in 2016 are below

  • North America GDP in current US dollar was 20,230,005 million.
  • GNI per capita, Atlas method (current US$) was 55,812.99 .
  • North America Trade balance: as % of GDP was -2.67.
  • Trade balance in current US$ was -540,500.00 million.
  • Trade as percentage of GDP was 29.91 .
  • Trade in services as percentage of GDP was 7.37 .

Trade Indicators 2016

Trade Indicators for North America in 2016 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 .