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United States Trade Summary

1998

United States 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 UNITED STATES 1998

Overall Exports and Imports for United States 1998

Exports and imports of United States in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 680,435 million.
  • The total value of imports (CIF) was 944,350 million.
  • At the HS6 digit level, 4,917 products were exported to 210 countries and 4,936 products were imported from 208 countries.

United States top 5 Export and Import partners 1998

Top five countries to which United States exported in 1998 are below, along with the percent of total exports that went to that country:

  1. United States exports to Canada worth US$ 154,148 million, with a partner share of 22.65 percent.
  2. United States exports to Mexico worth US$ 78,997 million, with a partner share of 11.61 percent.
  3. United States exports to Japan worth US$ 57,884 million, with a partner share of 8.51 percent.
  4. United States exports to United Kingdom worth US$ 39,069 million, with a partner share of 5.74 percent.
  5. United States exports to Germany worth US$ 26,634 million, with a partner share of 3.91 percent.

Top five countries from which United States imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. United States imports from Canada worth US$ 177,916 million, with a partner share of 18.84 percent.
  2. United States imports from Japan worth US$ 125,090 million, with a partner share of 13.25 percent.
  3. United States imports from Mexico worth US$ 96,075 million, with a partner share of 10.17 percent.
  4. United States imports from China worth US$ 75,095 million, with a partner share of 7.95 percent.
  5. United States imports from Germany worth US$ 51,282 million, with a partner share of 5.43 percent.

United States Top 5 Productsexports imports at HS 6 digit level 1998

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

  1. United States exported Aircraft nes of an unladen weight exceeding 15, , worth US$ 30,809,118.72 million.
  2. United States exported Monolithic integrated circuits, digital , worth US$ 25,643,001.86 million.
  3. United States exported Parts and accessories of automatic data process , worth US$ 18,796,883.97 million.
  4. United States exported Aircraft parts nes , worth US$ 12,938,865.66 million.
  5. United States exported Motor vehicle parts nes , worth US$ 11,157,820.42 million.

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

  1. United States imported Automobiles with reciprocating piston engine di , worth US$ 40,743,014.40 million.
  2. United States imported Petroleum oils and oils obtained from bituminou , worth US$ 40,734,060.54 million.
  3. United States imported Automobiles with reciprocating piston engine di , worth US$ 39,858,569.22 million.
  4. United States imported Parts and accessories of automatic data process , worth US$ 26,722,279.42 million.
  5. United States imported Monolithic integrated circuits, digital , worth US$ 23,879,604.22 million.

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by United States in 1998 are below

  • The maximum rate of tariff in percentage on any product was 350 percent.
  • The simple average tariff across all products was 4.49 percent.
  • The trade weighted average tariff was 3.09 .
  • The total duty free imports in thousands of US dollars were 282,440,436.10 and duty free tariff line items share was 34.26 percent.

Development Indicators 1998

Key Development Indicators of United States in 1998 are below

  • United States GDP in current US dollar was 9,062,818 million.
  • GNI per capita, Atlas method (current US$) was 32,030.00 .
  • United States Trade balance: as % of GDP was -1.80.
  • Trade balance in current US$ was -162,711.00 million.
  • Trade as percentage of GDP was 22.83 .
  • Trade in services as percentage of GDP was 4.89 .

Trade Indicators 1998

Trade Indicators for United States in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 41.15.
  • World Growth in percentage was -0.47 and United States Country Growth was -0.30 .