Usa Import and Export Data 2023

 

The United States of America in the Northern Region of the American continent comprises 50 states which has a population of around 348 million. The North American Federation has a republic presidential constitutional government divided into three subdivisions The Legislative, The Executive, and The Judicial. It is one of the rapidly developing economies of the world which has recorded a GDP of 24.9 trillion US dollars in 2023 with a growth rate of 6% from the past few years. The country has an overall land area of 3.8 million square miles which extends up to the Pacific Ocean with Alaska in the Northwestern region led by Hawaii.

Far beyond its land area and GDP, the country is also famous for its rich history which dates back to ancient times. The strategic location of the nation between the two oceans, The Atlantic and The Pacific Oceans on the east and west coast contributes to the import and export trade revenue by providing an easy route for the transport of products.

TOP IMPORTS AND EXPORTS OF USA 2023

Mexico's Imports and Exports are based on the production and consumption rate of its industrial and domestic sectors. Both the imports and exports account for the tremendous hike of its global trade which helps the country get a rank in the top global traders. As per the USA Customs Data, the top imports and exports of the nation with its trade values of 2023 are discussed below,

Imports

• Electronic equipment (HS code – 85) – Import trade Value of 2023 -400 billion US dollars 

• Crude oil (HS code – 15) – Import trade Value of 2023 – 300 billion US dollars

• Cars and motor vehicles (HS code – 87) – Import trade Value of 2023 - 200 billion US dollars

• Pharmaceuticals (HS code – 29) – Import trade Value of 2023 - 150 billion US dollars

• Machinery (HS code – 84) – Import trade Value of 2023 – 100 billion US dollars

• Furniture (HS code – 94) – Import trade Value of 2023 - 50 billion US dollars

• Clothing and accessories (HS code – 43) – Import trade Value of 2023 -40 billion US dollars

• Organic chemicals (HS code – 29) – Import trade Value of 2023 - 30 billion US dollars

• Plastic (HS code – 95) – Import trade Value of 2023 - 25 billion US dollars

• Iron and steel (HS code – 72) – Import trade Value of 2023 - 20 billion US dollars

Exports

• Machinery (HS code – 84) – Export trade value of 2023 – 410 billion US dollars

• Electrical machinery (HS code – 85) – Export trade value of 2023 – 390 billion US dollars

• Vehicles (HS code – 87) – Export trade value of 2023 –270 billion US dollars

• Pharmaceuticals (HS code – 29) – Export trade value of 2023 – 200 billion US dollars

• Mineral fuels (HS code – 27) – Export trade value of 2023 – 180 billion US dollars

• Aircraft and spacecraft (HS code – 88) – Export trade value of 2023 – 130 billion US dollars

• Medical equipment (HS code – 90) – Export trade value of 2023 – 85 billion US dollars

• Plastics (HS code – 95) – Export trade value of 2023 – 65 billion US dollars

• Organic chemicals (HS code – 29) – Export trade value of 2023 – 60 billion US dollars

• Cereals (HS code – 11) – Export trade value of 2023 – 50 billion US dollars

TOP IMPORT AND EXPORT PARTNERS OF USA 2023

The Import and Export destinations of the USA are a key player in its relentless global trade. The expanding reach of international trade leads to higher values of imports to cater to the export growth exponentially. As per the USA Trade Data, the import and export partners of the nation with its trade values of 2023 are discussed below,

Import Partners

• China – Import trade revenue of China  2023 – 482 billion US dollars

• Mexico – Import trade revenue of Mexico  2023 – 358 billion US dollars

• Canada – Import trade revenue of Canada  2023 – 310 billion US dollars

• Japan – Import trade revenue of Japan  2023 – 136 billion US dollars

• Germany – Import trade revenue of Germany  2023 – 126 billion US dollars

• Brazil – Import trade revenue of Brazil  2023 – 76 billion US dollars

• South Korea – Import trade revenue of South Korea  2023 – 73 billion US dollars

• United Kingdom – Import trade revenue of  United Kingdom 2023 – 66 billion US dollars

• France – Import trade revenue of France  2023 – 56 billion US dollars

• India – Import trade revenue of India 2023 – 44 billion US dollars

Export Partners

• Canada – Export trade revenue of Canada 2023 – 337 billion US dollars

• Mexico – Export trade revenue of Mexico 2023 – 288 billion US dollars

• China – Export trade revenue of China 2023 – 186 billion US dollars

• Japan – Export trade revenue of Japan 2023 – 72 billion US dollars

• United Kingdom – Export trade revenue of United Kingdom 2023 – 64 billion US dollars

• South Korea – Export trade revenue of South Korea 2023 – 62 billion US dollars

• Germany – Export trade revenue of Germany 2023 – 60 billion US dollars

• Netherlands – Export trade revenue of Netherlands 2023 – 56 billion US dollars

• France – Export trade revenue of France 2023 – 55 billion US dollars

• Brazil – Export trade revenue of Brazil 2023 – 50 billion US dollars

TOP TRADED AGRICULTURAL GOODS OF USA 2023

Similarly to the other factors like the finance, tourism, and mining industries agriculture also has a significant role in its international trade which accounts for a major share in its trade growth. As per the USA Import Data, the top traded agricultural goods of USA 2023 are discussed below,

1. Soybeans (HS Code - 12) – Trade value of 2023 - $25 billion
2. Corn (HS Code - 11) – Trade value of 2023 - $15 billion
3. Wheat (HS Code - 10) – Trade value of 2023 – $10 billion
4. Beef (HS Code - 02) – Trade value of 2023 - $8 billion
5. Dairy Products (HS Code - 04) – Trade value of 2023 - $6 billion
6. Cotton (HS Code - 52) – Trade value of 2023 - $5 billion
7. Poultry (HS Code - 01) – Trade value of 2023 - $4 billion
8. Vegetables (HS Code - 07) – Trade value of 2023 - $3 billion
9. Fruits (HS Code - 08) – Trade value of 2023 - $2 billion
10. Almonds(HS Code - 08) – Trade value of 2023 - $1 billion

TOP LEADING COMPANIES OF USA 2023 

The companies which produce agricultural and industrial goods cater to the economic growth of the nation. As per the USA Export Data, the top 10 leading companies of the nation with trade values of 2023 are discussed below,

• Exxon Mobile Corporation – Total Trade value of 2023 – 212 billion US dollars

• Apple Inc – Total Trade value of 2023 – 167 billion US dollars

• Chevron Corporation – Total Trade value of 2023 – 115 billion US dollars

• Ford Motor Company – Total Trade value of 2023 – 92 billion US dollars

• Johnson and Johnson – Total Trade value of 2023 – 83 billion US dollars

• Pfizer Inc – Total Trade value of 2023 – 74 billion US dollars

• Schlumberger Limited– Total Trade value of 2023 – 67 billion US dollars

• General Electric Company – Total Trade value of 2023 – 64 billion US dollars

• The Boeing Company – Total Trade value of 2023 – 63 billion US dollars

• Intel Corporation– Total Trade value of 2023 – 58 billion US dollars

Comments

Post a Comment

Popular posts from this blog

Import and Export Procedures in Vietnam 2023

Import Procedures in Vietnam: Import License: Some goods require an import license issued by the relevant authorities in Vietnam. Importers should check whether their products fall under this category. Customs Declaration: Importers must complete customs declarations accurately and submit them along with supporting documents to customs authorities. Vietnam Import Data Customs Clearance: Imported goods must undergo customs clearance procedures, which include inspection, assessment of duties and taxes, and compliance verification. Payment of Duties and Taxes: Importers are responsible for paying import duties, taxes, and other applicable fees based on the classification and value of the imported goods. Documentation: Required documents for importation typically include commercial invoices, packing lists, bill of lading or airway bills, import permits or licenses (if applicable), and certificates of origin. Export Procedures in Vietnam: Export Registration: Some products may require ex...
Read more

Russia Import Export Statistics 2023

  Russia's trade activities were significant, with both exports and imports playing crucial roles in its economy. Here's a general overview: Exports: Energy Resources: Russia is renowned for its vast energy resources, particularly oil and natural gas. These resources constitute a substantial portion of Russia's export revenue. Russia Export Data Minerals and Metals: Russia also exports various minerals and metals, including iron ore, coal, aluminum, and copper. Arms and Military Equipment: The country is a significant exporter of arms and military equipment to various countries around the world. Agricultural Products: Russia exports agricultural commodities such as wheat, barley, and other grains. Imports: Machinery: Russia imports machinery and equipment for industrial purposes, including machinery for manufacturing and infrastructure development. Russia Import Data Consumer Goods: Like many countries, Russia imports various consumer goods such as electronics, clothi...
Read more

Importance of Turkey Import Export in Trade Data Business

Are you planning to do trade business with Turkey? If so, it is very important to know the trade dynamics of the country so that you can make informed business decisions. Here comes the need of Turkey Global Import Export Data details on real-time basis for successful international trade expansion. Turkey Import Data is collected of statistical information about each company’s business activities. It is based on the shipping bills, import bills, invoices and other import export documents. The data provides a bird’s eye view of the commodities that are imported or exported in Turkey. The Turkey import and export data contains information about price, HS code, importers’ details, exporters’ details, custom data, shipment data, competitors’ data, product description and quantity. Know the importance of Turkey import export data 1. The authentic and real-time import export data is used to estimate the consumption pattern of Turkey. The businesses can predict the local demand of commoditi...
Read more