Formally the United Mexican States, Mexico shipped US$593 billion worth of exported products around the globe in 2023. That dollar amount results from a 28.7% increase since 2019 when total Mexican exports were $460.6 billion. Year over year, the overall value of Mexico’s exports rose 2.6% compared to $577.7 billion in 2022. Based on the average exchange rate for 2023, the … [Read more...] about Mexico’s Top 10 Exports
North America
US Most Valuable Imports & Exports with the EU
The United States of America imported US$589.9 billion worth of products from suppliers located in the European Union during 2023. The total value of imports into the United States sold by the European Union grew by 3.6% since 2022 when America’s purchases from were valued at $569.2 billion. Buyers in America exported $369.8 billion worth of products to the European Union in … [Read more...] about US Most Valuable Imports & Exports with the EU
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
US Most Valuable Imports & Exports with Canada
American importers bought US$431.2 billion worth of products received from Canada in 2023. The overall value of imports into the United States of America furnished by its northern neighbor fell by an average -3.8% year over year from 2022 when America’s purchases from Canadian suppliers were valued at $448.3 billion. In comparison, the US exported $352.8 billion worth of … [Read more...] about US Most Valuable Imports & Exports with Canada
US Imported Cars by Supplier Countries
In 2023, the United States of America imported US$210.3 billion worth of cars originating from a total 87 countries or territories. The overall cost for all of America’s purchases of imported cars in 2023 grew by 17.2% compared to $179.5 billion five years earlier for 2019. Year over year, US spending on imported cars accelerated by 24.9% from $168.3 billion during … [Read more...] about US Imported Cars by Supplier Countries