The United States of America imported US$3.359 trillion worth of products from around the world in 2024. That dollar amount reflects a 39.6% increase compared to $2.407 trillion in 2020 and a slower 5.9% year-over-year uptick from $3.173 trillion during 2023. America’s Best International Trade Suppliers The latest available country-specific data shows that 72.9% of products … [Read more...] about United States Top 10 Imports
North America
Canada’s Top 10 Imports
Canada imported US$554.2 billion worth of products from foreign suppliers in 2024. That dollar amount results from a 36.6% increase in spending compared to $405.7 billion spent during 2020. Year over year, the overall value of products imported into Canada flatlined via a -0.9% retreat from $559.2 billion in 2023. Based on the average exchange rate for 2024, the Canadian … [Read more...] about Canada’s Top 10 Imports
US Crude Oil Exports & Imports by State
Overall, the United States of America exported US$118.5 billion worth of exported crude oil around the world in 2024, flatlining via a 0.6% upturn compared to $117.8 billion for 2023. Imports of crude oil bought by the United States totaled $167.5 billion resulting from a 1.4% increase in US spending on crude petroleum compared to $165.2 billion one year earlier. The dollar … [Read more...] about US Crude Oil Exports & Imports by State
Top United States Trade Balances
The overall US trade balance for all products totaled -US1.153 trillion in red ink for 2023. That trade deficit results from a -12.2% reduction compared to the -$1.313 trillion deficit for 2022 and a 44.6% expansion from -$797.7 billion of red ink 8 years earlier in 2016. Petroleum gases, refined petroleum oils, soya beans, coal including solid fuels made from coal and corn … [Read more...] about Top United States Trade Balances
Top North American Export Countries
Exports shipped from North America totaled US$3.181 trillion for 2023. That dollar amount reflects a 24.7% increase from 5 years earlier in 2019 when North American shipments were worth $2.55 trillion. Year over year, the value of North America’s exported products slipped by -1.8% compared to $3.239 trillion for 2022. Exports from North America represent about 13.4% of all … [Read more...] about Top North American Export Countries