The United States of America imported US$2.408 trillion worth of goods from around the globe in 2020. That dollar amount reflects a 7% gain since 2016 but a -6.3% downtick from 2019 to 2020. From a continental perspective, 45.1% of America’s total imports by value in 2020 were purchased from providers in Asia. Fellow North American trade partners supplied 25.2% of import sales … [Read more...] about United States Top 10 Imports
North America
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. America's biggest export products by value in 2020 were refined petroleum oil, crude oil, cars, electronic integrated circuits and petroleum gases. In aggregate, those major exports account … [Read more...] about United States Top 10 Exports
US Imported Cars by Supplier Countries
The United States of America spent US$145.7 billion on imported cars in 2020. Those passenger vehicle imports were delivered by 72 of America’s international trade partners. The value for all US import purchases of cars in 2020 endured a -15.9% decrease since 2016 and a -18.9% downtick from 2019 to 2020. America’s top 5 car suppliers are Japan, Mexico, Canada, South Korea … [Read more...] about US Imported Cars by Supplier Countries
Mexico’s Top 10 Exports
Formally the United Mexican States, Mexico shipped US$418.1 billion worth of goods around the globe in 2020. That dollar amount reflects an 11.8% increase since 2016 but a -9.2% downtick from 2019 to 2020. Based on the average exchange rate for 2020, the Mexican peso depreciated by -15.1% against the US dollar since 2016 and dropped by -11.5% from 2019 to 2020. Mexico's weaker … [Read more...] about Mexico’s Top 10 Exports
Top Mexican Trade Balances
Overall, Mexico generated a $34.8 billion trade surplus in 2020 when all exported and imported products are included in the calculation. That dollar amount in black ink reverses a -$1.3 billion deficit 7 years earlier in 2013. Year over year, Mexico's recent $34.8 billion trade surplus for 2020 represents a 543.4% increase from $5.4 billion in black ink in 2019. Cars, trucks, … [Read more...] about Top Mexican Trade Balances
