Shipments from America’s top 20 export states were worth a total US$1.603 trillion in 2023. From a national perspective, that dollar metric translates to nearly four-fifths (79.4%) of overall exports from the United States of America ($2.019 trillion). The dollar amount for the leading 20 export states reflects a 43.8% increase since 2020 but a -2.9% decline from 2022 to … [Read more...] about America’s Top 20 Export States
Countries
Most Valuable US Imports & Exports with China
Importers in the United States of America purchased US$448.1 billion worth of imported products from China, officially the People’s Republic of China. The overall value of imports into the United States provided by its Asian competitor dropped by an average -22.2% year over year from 2022 when America’s purchases from Chinese suppliers were valued at $575.7 billion. On the … [Read more...] about Most Valuable US Imports & Exports with China
Most Valuable US Imports & Exports with Mexico
International buyers in the United States of America imported US$480.1 billion worth of products from Mexico, officially the United Mexican States. The overall value of imports into the United States provided by its southern neighbor rose by an average 4.5% year over year from 2022 when America’s purchases from Mexican suppliers were valued at $459.2 billion. On the other … [Read more...] about Most Valuable US Imports & Exports with Mexico
Mexico’s Top 10 Exports
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
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