The overall US trade balance for all products totaled -US$976.1 billion in red ink for 2020. That trade deficit reflects a 5.7% increase from the -$923.2 billion negative score for 2019 and a 30.3% expansion from -$749 billion shortfall in 2013. Petroleum gases, soya beans, refined petroleum oils, integrated circuits and machinery for making semi-conductors are … [Read more...] about Top United States Trade Balances
North America
America’s Top 20 Export States
Shipments from America’s top 20 export states were worth a total US$1.118 trillion in 2020 or over three-quarters (78.1%) of overall exports from the United States of America ($1.431 trillion). The dollar amount for those major exporting states reflects a -8.9% decrease since 2017 and a -13.8% year-over-year downtick from 2019 to 2020. To give some overall perspective on those … [Read more...] about America’s Top 20 Export States
Oregon’s Top 10 Exports
Nicknamed “The Beaver State” and located in the Pacific Northwest region on America’s west coast, Oregon shipped US$25 billion worth of goods around the globe in 2020. That dollar amount represents a 5.8% uptick from 2019 to 2020 and a 14.1% increase since 2017. Oregon ranks among America’s 20 biggest exporters by state well behind bigger front-runners like Texas, California, … [Read more...] about Oregon’s Top 10 Exports
United States Top 10 Exports
The United States of America shipped $1.431 trillion worth of goods around the globe in 2020. That dollar amount reflects a -1.4% decrease since 2016 and a -13% decline from 2019 to 2020. The latest available country-specific data in 2020 shows that 69.3% of products exported from the U.S. were bought by importers in: Canada (17.8% of the global total), Mexico (14.9%), China … [Read more...] about United States Top 10 Exports
Kentucky’s Top 10 Exports
Nicknamed the “Bluegrass State” although legally constituted as a commonwealth and located in America’s east south-central region, Kentucky shipped US$24.8 billion worth of goods around the globe in 2020. That dollar amount reflects a -25% decrease from 2019 to 2020 and a -20% drop since 2017. Kentucky ranks among America’s 25 biggest exporters by state behind front-runners … [Read more...] about Kentucky’s Top 10 Exports