United States

Compare United States →

USA · US · USA · BACI 842 · latest data 2024

Exports

$1.86T USD, nominal · 2024

= $1,862,231 M22.7% over 5 yrs (up)

Imports

$3.17T USD, nominal · 2024

= $3,173,845 M29.4% over 5 yrs (up)

Trade balancedeficit

−$1.31T USD, nominal · 2024

= −$1,311,614 M

Total trade

$5.04T USD, nominal · 2024

= $5,036,075 M26.8% over 5 yrs (up)

World position: #2 of 225 exporters · top 1% · #1 of 225 importers · 2024
World export share since 1995: −4.0 pp

Trade timeline

United States's exports grew from $615.5B in 1995 to $1.86T in 2024; the 2024 balance was −$1.31T.

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Exports, imports, trade balance and total trade of United States per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$615,485 M	$756,939 M	−$141,454 M	$1,372,424 M
1996	$661,444 M	$801,341 M	−$139,897 M	$1,462,784 M
1997	$724,407 M	$876,693 M	−$152,286 M	$1,601,099 M
1998	$719,565 M	$915,332 M	−$195,767 M	$1,634,897 M
1999	$730,411 M	$1,023,185 M	−$292,774 M	$1,753,596 M
2000	$806,879 M	$1,189,976 M	−$383,097 M	$1,996,855 M
2001	$751,217 M	$1,114,205 M	−$362,988 M	$1,865,422 M
2002	$713,688 M	$1,168,196 M	−$454,508 M	$1,881,885 M
2003	$744,952 M	$1,265,342 M	−$520,391 M	$2,010,294 M
2004	$833,883 M	$1,474,576 M	−$640,694 M	$2,308,459 M
2005	$903,873 M	$1,674,960 M	−$771,087 M	$2,578,833 M
2006	$1,030,062 M	$1,855,323 M	−$825,261 M	$2,885,385 M
2007	$1,150,682 M	$1,965,339 M	−$814,657 M	$3,116,022 M
2008	$1,285,951 M	$2,097,783 M	−$811,832 M	$3,383,734 M
2009	$1,009,262 M	$1,550,043 M	−$540,781 M	$2,559,305 M
2010	$1,200,658 M	$1,919,340 M	−$718,682 M	$3,119,998 M
2011	$1,399,031 M	$2,205,659 M	−$806,628 M	$3,604,691 M
2012	$1,458,593 M	$2,273,497 M	−$814,905 M	$3,732,090 M
2013	$1,466,038 M	$2,250,762 M	−$784,725 M	$3,716,800 M
2014	$1,517,433 M	$2,332,578 M	−$815,145 M	$3,850,011 M
2015	$1,409,013 M	$2,213,673 M	−$804,660 M	$3,622,687 M
2016	$1,354,257 M	$2,154,102 M	−$799,845 M	$3,508,360 M
2017	$1,459,261 M	$2,327,884 M	−$868,623 M	$3,787,145 M
2018	$1,559,413 M	$2,511,114 M	−$951,700 M	$4,070,527 M
2019	$1,517,644 M	$2,453,225 M	−$935,581 M	$3,970,869 M
2020	$1,349,098 M	$2,289,630 M	−$940,532 M	$3,638,728 M
2021	$1,645,349 M	$2,770,979 M	−$1,125,630 M	$4,416,328 M
2022	$1,957,401 M	$3,203,643 M	−$1,246,241 M	$5,161,044 M
2023	$1,857,823 M	$3,002,178 M	−$1,144,356 M	$4,860,001 M
2024	$1,862,231 M	$3,173,845 M	−$1,311,614 M	$5,036,075 M

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World share & rank

World export share moved from 12.2% in 1995 to 8.2% in 2024; export rank #1 → #2.

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World export and import share in percent, and world ranks, of United States per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	12.15%	14.95%	#1	#1
1996	12.32%	14.93%	#1	#1
1997	12.94%	15.66%	#1	#1
1998	12.96%	16.48%	#1	#1
1999	12.70%	17.80%	#1	#1
2000	12.41%	18.30%	#1	#1
2001	11.90%	17.66%	#1	#1
2002	10.78%	17.65%	#1	#1
2003	9.73%	16.52%	#1	#1
2004	9.03%	15.96%	#2	#1
2005	8.62%	15.98%	#3	#1
2006	8.53%	15.36%	#3	#1
2007	8.23%	14.05%	#3	#1
2008	7.97%	13.00%	#3	#1
2009	8.10%	12.45%	#3	#1
2010	7.99%	12.77%	#2	#1
2011	7.80%	12.30%	#2	#1
2012	8.08%	12.60%	#2	#1
2013	8.05%	12.35%	#2	#1
2014	8.27%	12.71%	#2	#1
2015	8.78%	13.80%	#2	#1
2016	8.65%	13.76%	#2	#1
2017	8.32%	13.27%	#2	#1
2018	8.17%	13.16%	#2	#1
2019	8.19%	13.24%	#2	#1
2020	7.87%	13.36%	#2	#1
2021	7.68%	12.94%	#2	#1
2022	8.12%	13.28%	#2	#1
2023	8.22%	13.28%	#2	#1
2024	8.16%	13.90%	#2	#1

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Trading partners

Mexico was United States's top trading partner in 2024, at 14.5% of total trade; the top five partners covered 48.9%.

Year

Top partner share: 14.5%
Top-5 share: 48.9%
Partners: 220
Partner HHI (0–1): 0.065

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Canada $258.1B

Mexico $236.9B

China $155.1B

Germany $90.4B

Japan $80.6B

South Korea $71.4B

United Kingdom $67.0B

Netherlands $63.2B

France $49.6B

Brazil $43.7B

India $38.7B

Other Asia, nes $38.3B

Italy $26.8B

Ireland $24.0B

Vietnam $12.6B

View partner table

Top partners of United States in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Mexico	$236,901 M	$491,348 M	$728,249 M	−$254,448 M
#2	Canada	$258,131 M	$399,994 M	$658,126 M	−$141,863 M
#3	China	$155,069 M	$448,761 M	$603,830 M	−$293,692 M
#4	Germany	$90,449 M	$156,499 M	$246,948 M	−$66,051 M
#5	Japan	$80,573 M	$144,230 M	$224,803 M	−$63,657 M
#6	South Korea	$71,403 M	$134,581 M	$205,984 M	−$63,178 M
#7	Vietnam	$12,572 M	$140,489 M	$153,061 M	−$127,918 M
#8	Other Asia, nes	$38,338 M	$112,628 M	$150,966 M	−$74,291 M
#9	United Kingdom	$66,984 M	$64,264 M	$131,249 M	$2,720 M
#10	India	$38,710 M	$88,841 M	$127,551 M	−$50,131 M
#11	Ireland	$23,965 M	$88,819 M	$112,784 M	−$64,854 M
#12	France	$49,573 M	$54,183 M	$103,756 M	−$4,610 M
#13	Italy	$26,766 M	$70,501 M	$97,268 M	−$43,735 M
#14	Netherlands	$63,160 M	$30,254 M	$93,414 M	$32,905 M
#15	Brazil	$43,708 M	$41,670 M	$85,378 M	$2,038 M

15 rows

Products & sectors

Product composition of United States's trade in 2024.

Year

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Concentration & risk

United States's export partners diversified over 1995–2024 — HHI 0.066 → 0.056, a diversified export base across 220 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of United States per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.066	0.083	207	203
1996	0.066	0.080	208	203
1997	0.068	0.078	207	202
1998	0.073	0.078	207	205
1999	0.079	0.078	209	207
2000	0.080	0.077	218	214
2001	0.077	0.076	218	215
2002	0.079	0.074	218	215
2003	0.077	0.073	218	215
2004	0.075	0.073	218	217
2005	0.074	0.073	218	217
2006	0.070	0.074	219	216
2007	0.065	0.076	219	216
2008	0.059	0.073	219	216
2009	0.058	0.080	218	217
2010	0.062	0.084	217	216
2011	0.060	0.079	220	217
2012	0.060	0.082	220	219
2013	0.062	0.087	220	218
2014	0.064	0.090	219	218
2015	0.065	0.093	220	217
2016	0.063	0.090	220	218
2017	0.064	0.094	219	218
2018	0.062	0.093	220	219
2019	0.060	0.085	219	219
2020	0.059	0.084	218	218
2021	0.060	0.082	217	219
2022	0.057	0.080	219	219
2023	0.059	0.076	220	219
2024	0.056	0.074	220	220

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