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United States Trade Summary

2008

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 2008

Overall Exports and Imports for United States 2008

Exports and imports of United States in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,299,899 million.
  • The total value of imports (CIF) was 2,164,834 million.
  • At the HS6 digit level, 4,605 products were exported to 224 countries and 4,585 products were imported from 221 countries.

United States top 5 Export and Import partners 2008

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

  1. United States exports to Canada worth US$ 260,890 million, with a partner share of 20.07 percent.
  2. United States exports to Mexico worth US$ 151,525 million, with a partner share of 11.66 percent.
  3. United States exports to China worth US$ 71,456 million, with a partner share of 5.50 percent.
  4. United States exports to Japan worth US$ 66,573 million, with a partner share of 5.12 percent.
  5. United States exports to Germany worth US$ 54,672 million, with a partner share of 4.21 percent.

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

  1. United States imports from China worth US$ 356,305 million, with a partner share of 16.46 percent.
  2. United States imports from Canada worth US$ 339,074 million, with a partner share of 15.66 percent.
  3. United States imports from Mexico worth US$ 218,066 million, with a partner share of 10.07 percent.
  4. United States imports from Japan worth US$ 143,352 million, with a partner share of 6.62 percent.
  5. United States imports from Germany worth US$ 99,758 million, with a partner share of 4.61 percent.

United States Top 5 Productsexports imports at HS 6 digit level 2008

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

  1. United States exported Petroleum oils, etc, (excl. crude); preparation , worth 51,816,370.20 (US$ Thousands).
  2. United States exported Aircraft nes of an unladen weight exceeding 15, , worth 38,784,495.53 (US$ Thousands).
  3. United States exported Monolithic integrated circuits, digital , worth 28,547,623.90 (US$ Thousands).
  4. United States exported Automobiles with reciprocating piston engine di , worth 22,109,323.75 (US$ Thousands).
  5. United States exported Aircraft parts nes , worth 19,584,430.82 (US$ Thousands).

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

  1. United States imported Petroleum oils and oils obtained from bituminou , worth 363,391,132.12 (US$ Thousands).
  2. United States imported Petroleum oils, etc, (excl. crude); preparation , worth 90,318,572.37 (US$ Thousands).
  3. United States imported Automobiles with reciprocating piston engine di , worth 65,307,245.26 (US$ Thousands).
  4. United States imported Automobiles with reciprocating piston engine di , worth 53,669,728.72 (US$ Thousands).
  5. United States imported Other medicaments of mixed or unmixed products, , worth 35,113,693.69 (US$ Thousands).

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 United States in 2008 are below

  • The maximum rate of tariff in percentage on any product was 350 percent.
  • The simple average tariff across all products was 3.10 percent.
  • The trade weighted average tariff was 1.58 .
  • The total duty free imports in thousands of US dollars were 1,333,280,356.80 and duty free tariff line items share was 54.20 percent.

Development Indicators 2008

Key Development Indicators of United States in 2008 are below

  • United States GDP in current US dollar was 14,769,858 million.
  • GNI per capita, Atlas method (current US$) was 49,100.00 .
  • United States Trade balance: as % of GDP was -5.02.
  • Trade balance in current US$ was -740,871.00 million.
  • Trade as percentage of GDP was 29.87 .
  • Trade in services as percentage of GDP was 6.51 .

Trade Indicators 2008

Trade Indicators for United States in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 48.81.
  • World Growth in percentage was -59.29 and United States Country Growth was -43.98 .