
USA
Global Trade Profile β’ Rank #2 Exporter
$1.90T
Total Exports (2023)
$2.98T
Total Imports (2023)
$1.08T
Trade Deficit
#2
Export Ranking
Trade Flow Visualization
Interactive map showing USA's top trading partners. Green lines represent exports, red lines represent imports.
#2
Export Rank
$1.90T
Total Exports
$2.98T
Total Imports
-$1.08T
Trade Balance
25
Trade Partners
π Top Export Destinations
Canada
Mexico
China
Germany
Japan
United Kingdom
Netherlands
Rep. of Korea
Singapore
IndiaTop Export Products
π₯ Top Import Sources
Mexico
China
Canada
Germany
Japan
Rep. of Korea
Viet Nam
India
ItalyTop Import Products
π Historical Trade Trends (1995-2023)
29 Years
Data Coverage
29
Data Points
π
Trend Direction
USA Trade Analysis 2023
π Overview
USA stands as the world's #2 largest exporter and #1 largest importer, demonstrating significant global trade influence.
The trade profile reveals a deficit of 1.08 trillion, reflecting import dependencies for growth.
The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.
Monthly trade flows average $406.02B, generating continuous economic activity across logistics, finance, and trade services.
π’ Export Markets
Export Market Concentration
Export concentration shows Canada as the dominant market at 15.4%. The top three markets control 38.2% of exports.
Regional patterns reveal strong East Asian integration. Secondary markets (United Kingdom, Netherlands, Rep. of Korea) provide $292.52B in additional trade.
π¦ Import Sources
Import Source Concentration
USA relies heavily on Mexico for imports (15.4%),maintaining balanced sourcing.
Manufacturing inputs come primarily from China, Rep. of Korea, Viet Nam, Thailand, reflecting deep integration into Asian production networks. China's dominant position at 441.74 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.
The top 10 import sources account for 70.0% of total imports, with the remaining 30% distributed among 10 other suppliers.
Regional sourcing patterns reveal strong ASEAN integration with 5 Southeast Asian nations providing 275.17 billion (9.2%) of imports. European suppliers including Germany (164.92B), Italy (69.32B), France (49.32B) focus on luxury goods, machinery, and specialized chemicals.
Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Viet Nam, India, Thailandemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.
π¦ Product Composition
π Export Products
Top Export Products
USA's export economy centers on diversified industrial production, with the leading export being petroleum oils and oils obtained from bituminous minerals, crudeat $124.16 billion, accounting for 6.5% of total exports.
Vehicle-related products including passenger cars, hybrid vehicles, electric vehicles, and automotive parts total approximately 38.89 billion or 2.1% of exports, encompassing 2 distinct product categories. Electronics, semiconductors, and machinery contribute 93.07 billion or 4.9% of exports.
The automotive sector's dominance is evident in the export portfolio, with with only spark-ignition internal combustion recip... (22.39B), with only spark-ignition internal combustion recip... (16.50B). This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.
The transition to electric and hybrid vehicles is captured in export data, with 0 categories specifically related to alternative propulsion systems, totaling $0.
Beyond automotive, USA maintains strong positions in industrial machinery (2 categories totaling 42.96B), electronic components (50.11B), and Oils, Petroleum oils and oils from bituminous minerals, not crude, Petroleum gases and other gaseous hydrocarbons.
The top 20 export products collectively account for 33.4% of total exports, revealing healthy product diversification across multiple sectors.
π Import Products
Top Import Products
Import requirements center on petroleum oils and oils obtained from bituminous minerals, crude at 168.38 billion (5.7%), indicating resource dependency.
Beyond energy, critical imports include with only spark-ignition internal combus... (94.92B, 3.2%), consisting of mixed or unmixed products ... (66.06B, 2.2%), Telephones for cellular networks or for ... (61.08B, 2.1%), machines for the reception, conversion a... (49.87B, 1.7%), portable, weighing not more than 10kg, c... (46.04B, 1.5%).Electronic components and devices total 171.03 billion (5.7% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 103.29 billion (3.5%), reflecting healthcare sector demands.
The import product mix reveals structural characteristics of USA's economy: integration into global electronics supply chains, and sophisticated consumption patterns.
The ratio of raw materials to finished goods in imports (4 : 16among top 20 products) indicates balanced import composition. Import substitution potential exists in technology and chemicals sectors through targeted industrial policies and investment.
Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 9 primary products to 10 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.
Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests strong potential for diversification into adjacent sophisticated products.
βοΈ Trade Balance Dynamics
| Partner | Exports | Imports | Balance |
|---|---|---|---|
| Mexico | $284.84B | $458.43B | $-173.59B |
| Canada | $291.26B | $415.80B | $-124.54B |
| China | $147.30B | $441.74B | $-294.45B |
| Germany | $83.43B | $164.92B | $-81.49B |
| Japan | $76.37B | $140.87B | $-64.49B |
Export-to-import ratio of 0.637 means exports cover 63.7% of import costs. Historical shift: USA moved from surplus to deficit due to increased energy import dependence.
π Key Relationships
Major Trading Partners
| Partner | Exports | Imports | Balance |
|---|---|---|---|
| Mexico | $284.84B | $458.43B | $-173.59B |
| Canada | $291.26B | $415.80B | $-124.54B |
| China | $147.30B | $441.74B | $-294.45B |
| Germany | $83.43B | $164.92B | $-81.49B |
| Japan | $76.37B | $140.87B | $-64.49B |
| Rep. of Korea | $61.33B | $117.91B | $-56.58B |
| United Kingdom | $74.68B | $64.34B | +$10.34B |
| India | $42.10B | $81.36B | $-39.26B |
| Total | $1.06T | $1.89T | $-824.06B |
The USA-Mexico relationship leads at 743.27 billion in bilateral trade.View detailed analysis β
Additional major partnerships include China (589.04B total trade), Germany (248.35B total trade), Japan (217.24B total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationshipsβ3.18T across top 10 partnersβprovides resilience against bilateral tensions and regional disruptions.
π Competitive Position
Competitive Advantage
Global rankings position USA as the #2 exporter worldwide,among the elite tier of global trading powers. The country's share of global exports at approximately 18.958%provides substantial market influence and pricing power.
Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where USA's global market share exceeds its overall trade share by factors of 2 or more.
Competitive advantages emerge in sectors where export concentration exceeds import share, particularly inpetroleum oils and oils o, preparations n.e.c. conta, liquefied, natural gas. The revealed comparative advantage is strongest in product categories representing14.7% of exports. Market positioning against regional competitors shows leadership in key product segments.
Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates premium positioning in many categories.
Competitive dynamics are shaped by factor endowments including advanced technology and skilled labor, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.
Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.
π― Strategic Outlook
Strategic Priority
The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in essential commodities.
Vulnerabilities include product concentration in cyclical sectors. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.
Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with France, Brazil, Other Asia, nes, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.
The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.
The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape USA's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.
Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.
As global trade patterns continue evolving, USA's position as the world's #2 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.
Data Notes
Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.
Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026