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North America Trade Summary

2018

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 2018

Overall Exports and Imports for North America 2018

Exports and imports of North America in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,115,718 million.
  • The total value of imports (CIF) was 3,072,448 million.
  • At the HS6 digit level, 4,544 products were exported to 231 countries and 4,555 products were imported from 232 countries.

North America top 5 Export and Import partners 2018

Top five countries to which North America exported in 2018 are below, along with the percent of total exports that went to that country:

  1. North America exports to United States worth US$ 337,481 million, with a partner share of 15.95 percent.
  2. North America exports to Canada worth US$ 299,746 million, with a partner share of 14.17 percent.
  3. North America exports to Mexico worth US$ 271,778 million, with a partner share of 12.85 percent.
  4. North America exports to China worth US$ 141,525 million, with a partner share of 6.69 percent.
  5. North America exports to Japan worth US$ 85,227 million, with a partner share of 4.03 percent.

Top five countries from which North America imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. North America imports from China worth US$ 621,555 million, with a partner share of 20.23 percent.
  2. North America imports from Mexico worth US$ 377,603 million, with a partner share of 12.29 percent.
  3. North America imports from Canada worth US$ 325,781 million, with a partner share of 10.60 percent.
  4. North America imports from United States worth US$ 235,864 million, with a partner share of 7.68 percent.
  5. North America imports from Japan worth US$ 158,915 million, with a partner share of 5.17 percent.

North America Top 5 Productsexports imports at HS 6 digit level 2018

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 and oils obtained from bituminou , worth 115,474,115.23 (US$ Thousands).
  2. North America exported Petroleum oils, etc, (excl. crude); preparation , worth 108,209,184.84 (US$ Thousands).
  3. North America exported Monolithic integrated circuits, digital , worth 37,840,006.29 (US$ Thousands).
  4. North America exported Automobiles with reciprocating piston engine di , worth 36,865,929.81 (US$ Thousands).
  5. North America exported Gold in unwrought forms non-monetary , worth 32,248,638.70 (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 Petroleum oils and oils obtained from bituminou , worth 177,631,987.04 (US$ Thousands).
  2. North America imported Automobiles with reciprocating piston engine di , worth 119,996,180.58 (US$ Thousands).
  3. North America imported Transmission apparatus, for radioteleph incorpo , worth 113,965,759.57 (US$ Thousands).
  4. North America imported Petroleum oils, etc, (excl. crude); preparation , worth 78,457,099.55 (US$ Thousands).
  5. North America imported Other medicaments of mixed or unmixed products, , worth 62,278,038.67 (US$ Thousands).

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by North America in 2018 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 3.65 percent.
  • The trade weighted average tariff was 1.58 .
  • The total duty free imports in thousands of US dollars were 1,956,573,238.25 and duty free tariff line items share was 64.74 percent.

Development Indicators 2018

Key Development Indicators of North America in 2018 are below

  • North America GDP in current US dollar was 22,265,581 million.
  • GNI per capita, Atlas method (current US$) was 61,593.90 .
  • North America Trade balance: as % of GDP was -2.81.
  • Trade balance in current US$ was -624,869.00 million.
  • Trade as percentage of GDP was 30.95 .
  • Trade in services as percentage of GDP was 7.46 .

Trade Indicators 2018

Trade Indicators for North America in 2018 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 .