Loading..

United States Trade Summary

2023

United States exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2023

Overall Exports and Imports for United States 2023

Exports and imports of United States in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,018,543 million.
  • The total value of imports (CIF) was 3,168,471 million.
  • At the HS6 digit level, 4,505 products were exported to 223 countries and 4,515 products were imported from 222 countries.

United States top 5 Export and Import partners 2023

Top five countries to which United States exported in 2023 are below, along with the percent of total exports that went to that country:

  1. United States exports to Canada worth US$ 352,760 million, with a partner share of 17.48 percent.
  2. United States exports to Mexico worth US$ 323,228 million, with a partner share of 16.01 percent.
  3. United States exports to China worth US$ 147,806 million, with a partner share of 7.32 percent.
  4. United States exports to Netherlands worth US$ 82,186 million, with a partner share of 4.07 percent.
  5. United States exports to Germany worth US$ 76,473 million, with a partner share of 3.79 percent.

Top five countries from which United States imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. United States imports from Mexico worth US$ 480,051 million, with a partner share of 15.15 percent.
  2. United States imports from China worth US$ 448,017 million, with a partner share of 14.14 percent.
  3. United States imports from Canada worth US$ 429,605 million, with a partner share of 13.56 percent.
  4. United States imports from Germany worth US$ 162,959 million, with a partner share of 5.14 percent.
  5. United States imports from Japan worth US$ 151,581 million, with a partner share of 4.78 percent.

United States Top 5 Productsexports imports at HS 6 digit level 2023

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 and oils obtained from bituminou , worth 117,160,520.56 (US$ Thousands).
  2. United States exported Petroleum oils, etc, (excl. crude); preparation , worth 112,880,226.33 (US$ Thousands).
  3. United States exported Monolithic integrated circuits, digital , worth 42,676,953.29 (US$ Thousands).
  4. United States exported Human and animal blood; microbial cultures; tox , worth 37,912,690.71 (US$ Thousands).
  5. United States exported Transmission apparatus, for radioteleph incorpo , worth 35,563,798.47 (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 172,426,221.22 (US$ Thousands).
  2. United States imported Transmission apparatus, for radioteleph incorpo , worth 115,436,183.62 (US$ Thousands).
  3. United States imported Automobiles with reciprocating piston engine di , worth 97,488,426.85 (US$ Thousands).
  4. United States imported Human and animal blood; microbial cultures; tox , worth 71,927,691.20 (US$ Thousands).
  5. United States imported Other medicaments of mixed or unmixed products, , worth 69,277,395.01 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by United States in 2023 are below

  • The maximum rate of tariff in percentage on any product was 350 percent.
  • The simple average tariff across all products was 2.74 percent.
  • The trade weighted average tariff was 1.36 .
  • The total duty free imports in thousands of US dollars were 1,849,144,193.52 and duty free tariff line items share was 55.32 percent.

Development Indicators 2023

Key Development Indicators of United States in 2023 are below

  • United States GDP in current US dollar was 27,720,709 million.
  • GNI per capita, Atlas method (current US$) was 80,710.00 .
  • United States Trade balance: as % of GDP was -2.88.
  • Trade balance in current US$ was -797,342.00 million.
  • Trade as percentage of GDP was 24.90 .
  • Trade in services as percentage of GDP was 6.52 .

Trade Indicators 2023

Trade Indicators for United States in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 46.39.
  • World Growth in percentage was -3.13 and United States Country Growth was -2.40 .