IMPORT EXPORT
US export

US Export Data

While the USA, or the United States of America, is a multinational nation, a significant portion of its territory is located in North America. 50 states plus one federal district make up the nation. Given its status as the most developed country globally, the USA is undoubtedly a powerhouse. Based on land area, the United States ranks second largest country in North America. With a total land area of about 9,831,510 km^2, the United States maintains its 4th place ranking in the world rankings. According to the US export data, the US exported a total of $3.01 trillion in 2022, with an increase of 17.6% from 2021. Despite being the third-largest exporter in the world, the United States' GDP is barely 10% of its exports. In today's interconnected global economy, understanding trade trends and patterns is crucial for businesses, policymakers, and investors alike. US export data provides invaluable insights into the health and direction of the United States trade relations with the rest of the world. Let us delve into key aspects of US export data, including its significance, sources, and implications for 2022.

US Export Data | US Trade Data

2

The country has been ranked 2nd in global exports, showing a significant position in the international trade and export landscape.

13.35%

With a mere 13.35% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise.

CANADA

Canada holds a significant role as the largest export partner of the country in terms of goods exports and export share.

PETROLEUM OILS AND WASTE OILS

Petroleum oils and waste oils are the major and biggest export commodities of the country, playing a vital role in its economy.

export

Top 10 Exports of the US

The United States, being a global economic powerhouse, boasts an impressive array of top exports and export partners. Its top 10 exports consistently make their mark in international trade and contribute significantly to the country's export revenue. The top 10 exports of the US according to the US export data for 2022 are:

  • Petroleum oils and waste oils: 6.56% ($135 billion)
  • Petroleum oils and oils obtained from bituminous minerals, crude oil: 5.67% ($117 billion)
  • Petroleum gases and other gaseous hydrocarbons: 4.66% ($96 billion)
  • Plastics and articles of plastic: 4.03% (83 billion US$)
  • Motor cars and other motor vehicles: 2.8% ($57 billion) 
  • Electronic integrated circuits: 2.5% ($51 billion) 
  • Human blood; animal blood for therapeutic or diagnostic uses: 2.09% ($43 billion)
  • Parts and accessories of the motor vehicles: 1.97% ($40 billion) 
  • Gold: 1.8% ($37 billion) 
  • Medicaments and Pharmaceuticals: 1.67% ($34 billion)
    • Partners

    Top 10 Export Partners of the US

    When it comes to the United States' top 10 export partners, its most significant trading relationships are with Canada, Mexico, China, Japan, and Germany. These countries serve as vital partners in the exchange of goods and contribute to the United States' robust export sector. According to the US export data, the top 10 export partners of the US in 2022 include:

    Value In Percentage(%)

  • Canada: 17.2% (354 billion US$)
  • Mexico: 15.7% (324 billion US$)
  • China: 7.46% (153 billion US$)
  • Japan: 3.89% (80 billion US$)
  • United Kingdom: 3.74% (77 billion US$)
  • Netherlands: 3.53% (72 billion US$)
  • Germany: 3.51% (72 billion US$)
  • Korea: 3.46% (71 billion US$)
  • Brazil: 2.59% (53 billion US$)
  • India: 2.29% (47 billion US$)
    • Sample Data

    What is US Export Data and Why is it Important?

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    US export data refers to detailed information on the goods and services that the United States sells to other countries. It captures various aspects such as the type of commodity, HS code, destination country, quantity, value, and mode of transportation. This data plays a pivotal role in monitoring and analyzing international trade flows, supporting policymaking, and aiding business decisions. Understanding US export data is of paramount importance for several reasons. Firstly, it helps identify emerging markets and sectors that offer export opportunities for US businesses. Secondly, US export data sheds light on the competitiveness of American industries in the global market. By examining the export performance of different sectors, policymakers can identify areas of strength and weakness, allowing them to implement targeted policies to enhance competitiveness and foster economic growth. According to the customs database report on US exports, the country exported $2.06 trillion in 2022, with an increase of 17.6% as compared to 2021.

    Benefits

    Benefits of the US Export data

  • Researchers, analysts, and economists can evaluate the state and performance of the US economy with the use of export statistics.
  • Produce sincere leads from the US export industry.
  • Find out what the most recent US product demand is.
  • Keep an eye on your rivals and surpass them.
  • Make your marketing plan based on export data.

    • Frequently Asked Questions!!

    The total value of the US exports in 2022 was $2.06 trillion.

    US export data is important as it helps identify emerging markets, analyze export performance, and make informed business decisions.

    It provides insights into trade trends, market demand, and competitiveness.

    Petroleum oils and waste oils, petroleum oils obtained from bituminous minerals (crude oil), and petroleum gases were the top 3 exports of the US in 2022.

    Canada was the largest export partner of the US in 2022.

    You might be interested in other continents as well

    Mexico
    US
    Canada
    Costa-Rica
    EL-Salvador
    Guatemala