U.S.

Exports
Based on 2019 data, goods contribute 66%, or $1.7 trillion, to U.S. exports.2 One-third of exported goods are capital
goods ($547 billion). The largest sub-category is commercial aircraft ($132 billion). Other capital goods include industrial machines
($57 billion), semiconductors ($50 billion), and telecommunications ($36 billion). Electric apparatus ($44 billion) and medical
equipment ($38 billion) are also significant contributors.

Another third of exported goods is industrial supplies ($531 billion). The largest sub-category is petroleum products, including
crude oil and other petroleum products ($122 billion). Next are chemical products, including chemical fertilizers and other sub-
categories ($81 billion), fuel oil ($41 billion), and plastic ($37 billion). Non-monetary gold is $19 billion.

Only 12% of U.S. exported goods are consumer goods ($206 billion). The biggest categories are pharmaceutical preparations ($61
billion), cell phones ($27 billion), and gem diamonds ($20 billion). 

Automobiles contribute 10% of all exported goods. In 2019, that was $162 billion.

Just 8% of exported goods are foods, feeds, and beverages ($131 billion). The big three are soybeans ($20 billion), meat and
poultry ($20 billion), and corn ($9 billion).

Food exports are falling since many countries don't like U.S. food processing standards. That was a major block to the Obama
administration's negotiation of the Transatlantic Trade and Investment Partnership. 

Services make up one-third of U.S. exports ($876 billion), based on 2019 data. The largest single category is travel services at
$193 billion. Other business services export $189 billion. Other private services, such as financial services, also add
$136 billion. The next category is royalties and license fees at $117 billion. Government and military contracts add $22 billion. 

U.S. Imports
According to the 2019 data, more than 80% of U.S. imports are goods ($2.5 trillion). Capital goods ($678 billion) contributed 27%
of all goods imported. 

Next comes consumer goods ($654 billion). U.S consumer spending is dependent upon these low-cost imported goods.
Slightly less than a quarter of imports are industrial machinery and equipment ($522 billion).The fourth-largest import category
is automotive vehicles, parts, and engines ($376 billion). The food, feeds, and beverages category is next at $151 billion. 

As of the end of 2019, services make up 19% of imports ($597 billion). The largest category is travel services at $134 billion. The
next is business services at $114 billion. Transport contributes $107 billion and insurance $52 billion. Government service imports
are at $24 billion.
Since the United States imports more than it exports, its trade deficit is $617 billion. Even though America exports billions in oil,
consumer goods, and automotive products, it imports even more. Exports
and imports of United
States in 2016 are below, along with number of countries and products
 The total value of exports  (FoB) was 1,450,906 million.
  The total value of imports (CIF) was 2,247,167 million.
 At the HS6 digit level, 4,563 products were exported to 225 countries and 4,558 products were imported from 222 countries.

United States top 5 Export and Import partners 2016

Top five countries to which United States exported in 2016 are below, along with the percent
of total exports that went to that country:

1. United States exports to Canada worth US$ 266,702 million, with a partner share of 18.38
percent.
2. United States exports to Mexico worth US$ 230,229 million, with a partner share of 15.87
percent.
3. United States exports to China worth US$ 115,595 million, with a partner share of 7.97 percent.
4. United States exports to Japan worth US$ 63,245 million, with a partner share of 4.36 percent.
5. United States exports to United Kingdom worth US$ 55,189 million, with a partner share of
3.80 percent.

Top five countries from which United States imported goods in 2016 are below, along with

percent of total imports that came from the country :

1. United States imports from China worth US$ 481,310 million, with a partner share of 21.42
percent.
2. United States imports from Mexico worth US$ 296,200 million, with a partner share of 13.18
percent.
3. United States imports from Canada  worth US$ 282,919 million, with a partner share of 12.59
percent.
4. United States imports from Japan  worth US$ 135,071 million, with a partner share of 6.01
percent.
5. United States imports from Germany  worth US$ 116,259 million, with a partner share of 5.17
percent.

United States Top 5 Productsexports imports at HS 6 digit level 2016

The top five exported HS 6 digit level products to world by United States along with trade value
are:

1. United States exported Petroleum oils, etc, (excl. crude); preparation , worth US$
62,179,077.20 million.
2. United States exported Monolithic integrated circuits, nes , worth US$ 33,485,958.20 million.
3. United States exported Soya beans , worth US$ 22,884,620.69 million.
4. United States exported Automobiles with reciprocating piston engine di , worth US$
21,916,493.17 million.
5. United States exported Telegraphic apparatus, nes , worth US$ 19,675,801.33 million.
The top five imported HS 6 digit level products from world by United States along with trade
value are

1. United States imported Petroleum oils and oils obtained from bituminou , worth US$
108,092,132.72 million.
2. United States imported Automobiles with reciprocating piston engine di , worth US$
107,652,445.14 million.
3. United States imported Transmission apparatus, for radioteleph incorpo , worth US$
52,248,990.85 million.
4. United States imported Other medicaments of mixed or unmixed products, , worth US$
51,357,571.81 million.
5. United States imported Automobiles with reciprocating piston engine di , worth US$
50,612,820.53 million.

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their
corresponding Product Share  as percent of total export or import
 United States Raw materials exports were worth US$ 136,670 million, product share of 9.42%.
 United States Raw materials imports were worth US$ 189,453 million, product share of 8.43%.
 United States Intermediate goods exports were worth US$ 284,221 million, product share of 19.59%.
 United States Intermediate goods imports were worth US$ 347,230 million, product share of 15.45%.
 United States Consumer goods exports were worth US$ 370,437 million, product share of 25.53%.
 United States Consumer goods imports were worth US$ 848,244 million, product share of 37.75%.
 United States Capital goods exports were worth US$ 498,513 million, product share of 34.36%.
 United States Capital goods imports were worth US$ 775,807 million, product share of 34.52%.

TARIFFS 2016
Tariffs imposed by United States in 2016 are below
  The maximum rate  of tariff in percentage on any product was 350 percent.
  The simple average  tariff across all products was 2.76 percent.
  The trade weighted average  tariff was 1.65 .
  The total duty free imports  in thousands of US dollars were 1,405,617,494.01 and duty free tariff line items share  was 55.65 percent.

DEVELOPMENT INDICATORS 2016
Key Development Indicators of United States in 2016 are below
 United States GDP in current US dollar  was 18,707,188 million.
 GNI per capita, Atlas method (current US$)  was 57,160.00 .
 United States Trade balance: as % of GDP was -2.77.
 Trade balance in current US$ was -518,806.00 million.
 Trade as percentage of GDP  was 26.51 .
 Trade in services as percentage of GDP  was 6.79 .

TRADE INDICATORS 2016
Trade Indicators for United States in 2016 are below
 Hirschman Herfindahl market concentration index  was 0.06.
 Index of export market penetration  was 44.81.
 World Growth  in percentage was -1.24 and United States Country Growth  was -2.07 .