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United States Trade Summary

2016

United States exports, imports, tariff by year.
United States monthly trade data
United States quarterly trade data

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 2016

Overall Exports and Imports for United States 2016

Exports and imports of United States in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,450,906 million.
  • The total value of imports (CIF) was 2,247,167 million.
  • At the HS6 digit level, 4,563 products were exported to 225 countries and 4,558 products were imported from 222 countries.

United States top 5 Export and Import partners 2016

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

  1. United States exports to Canada worth US$ 266,702 million, with a partner share of 18.38 percent.
  2. United States exports to Mexico worth US$ 230,229 million, with a partner share of 15.87 percent.
  3. United States exports to China worth US$ 115,595 million, with a partner share of 7.97 percent.
  4. United States exports to Japan worth US$ 63,245 million, with a partner share of 4.36 percent.
  5. United States exports to United Kingdom worth US$ 55,189 million, with a partner share of 3.80 percent.

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

  1. United States imports from China worth US$ 481,310 million, with a partner share of 21.42 percent.
  2. United States imports from Mexico worth US$ 296,200 million, with a partner share of 13.18 percent.
  3. United States imports from Canada worth US$ 282,919 million, with a partner share of 12.59 percent.
  4. United States imports from Japan worth US$ 135,071 million, with a partner share of 6.01 percent.
  5. United States imports from Germany worth US$ 116,259 million, with a partner share of 5.17 percent.

United States Top 5 Productsexports imports at HS 6 digit level 2016

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 62,179,077.20 (US$ Thousands).
  2. United States exported Monolithic integrated circuits, nes , worth 33,485,958.20 (US$ Thousands).
  3. United States exported Soya beans , worth 22,884,620.69 (US$ Thousands).
  4. United States exported Automobiles with reciprocating piston engine di , worth 21,916,493.17 (US$ Thousands).
  5. United States exported Telegraphic apparatus, nes , worth 19,675,801.33 (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 108,092,132.72 (US$ Thousands).
  2. United States imported Automobiles with reciprocating piston engine di , worth 107,652,445.14 (US$ Thousands).
  3. United States imported Transmission apparatus, for radioteleph incorpo , worth 52,248,990.85 (US$ Thousands).
  4. United States imported Other medicaments of mixed or unmixed products, , worth 51,357,571.81 (US$ Thousands).
  5. United States imported Automobiles with reciprocating piston engine di , worth 50,612,820.53 (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 United States in 2016 are below

  • The maximum rate of tariff in percentage on any product was 350 percent.
  • The simple average tariff across all products was 2.76 percent.
  • The trade weighted average tariff was 1.65 .
  • The total duty free imports in thousands of US dollars were 1,405,617,494.01 and duty free tariff line items share was 55.65 percent.

Development Indicators 2016

Key Development Indicators of United States in 2016 are below

  • United States GDP in current US dollar was 18,695,111 million.
  • GNI per capita, Atlas method (current US$) was 57,140.00 .
  • United States Trade balance: as % of GDP was -2.71.
  • Trade balance in current US$ was -506,249.00 million.
  • Trade as percentage of GDP was 26.59 .
  • Trade in services as percentage of GDP was 6.94 .

Trade Indicators 2016

Trade Indicators for United States in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 48.60.
  • World Growth in percentage was -1.35 and United States Country Growth was -1.92 .