Brief Insights of the Usa Export Market 2024
The export market of the United States of America is a vital aspect of its rapidly growing economy, which has been thriving rapidly for the past few years. From a staggering export trade value of 1.7 trillion in 2019 to 1.87 trillion in 2021, the overall export revenue reached a point of 2.4 trillion US dollars in 2024 showing the continuous evolution towards export diversification via different efforts of the management authorities and better trade relations with leading trade firms. USA Import Data says that financial services, healthcare services, entertainment services, and media services along with other attributing factors like the agricultural sector and construction sectors record a pivotal growth of the increasing global rank.
The leading industries’ strong international demands due to their high-quality standards and competitive pricing strategies build up the supply chains between the leading foreign traders, potentially recording a positive outgrowth of the overall export revenue. Import Globals with its USA Customs Data shows the regional shipments of the country’s traded goods for helping the business holders expand their business worldwide.
TOP 10 LEADING EXPORTS OF THE USA IN 2024
The globally leading export destination, USA has recorded a diversification in its globally leading exports by the continuous efforts of the management firms. According to the USA Export Data, the top 10 leading exports of the nation in 2024 are,
- Electronic Equipment — Export trade value of Electronic Equipment from USA in 2024–406 billion US dollars
- Pharmaceuticals — Export trade value of Pharmaceuticals from USA in 2024–301 billion US dollars
- Aerospace Products — Export trade value of Aerospace Products from USA in 2024–230 billion US dollars
- Machinery– Export trade value of Machinery from USA in 2024–170 billion US dollars
- Precious Metals — Export trade value of Precious Metals from the USA in 2024–163 billion US dollars
- Vehicles — Export trade value of Vehicles from USA in 2024–150 billion US dollars
- Oil & Gas Products — Export trade value of Vehicles from USA in 2024–147 billion US dollars
- U.S Services Sector — Export trade value of U.S Services Sector from USA in 2024–136 billion US dollars
- Agricultural Products — Export trade value of Agricultural Products from USA in 2024–134 billion US dollars
- Plastics & Chemicals– Export trade value of Plastics & Chemicals from USA in 2024–112 billion US dollars
TOP 10 LEADING EXPORT TRADE PARTNERS OF USA IN 2024
The political stability of the United States of America with different central areas across the globe and the differentiation in the trade agreements preventing the tariff scheduled on transported goods have been recording a pivotal growth of the overall GDP value. According to the USA Trade Data, the top 10 leading export trade partners of the USA in 2024 are,
- Canada — The valuation of the goods exported from the USA to Canada in 2024–358 billion US dollars
LEADING EXPORTS FROM THE USA IN 2024
1. Mineral fuels and mineral oils
2. Mechanical appliances
3. Boilers
4. Electrical machinery and equipment
5. Vehicles
- Mexico — The valuation of the goods exported from the USA to Mexico in 2024–325 billion US dollars
LEADING EXPORTS FROM THE USA IN 2024
1. Aircraft
2. Spacecraft
3. Surgical instruments and apparatus
4. Pharmaceutical products
5. Plastics and articles
- China — The valuation of the goods exported from the USA to China in 2024–287 billion US dollars
LEADING EXPORTS FROM THE USA IN 2024
1. Pearls
2. Semi-precious stones
3. Organic chemicals
4. Iron and steel
5. Aluminum and articles
- Japan — The valuation of the goods exported from the USA to Japan in 2024–153 billion US dollars
LEADING EXPORTS FROM THE USA IN 2024
1. Furniture
2. Mattresses
3. Cushions
4. Lamps and lighting fittings
5. Prefabricated buildings
- United Kingdom — The valuation of the goods exported from the USA to the United Kingdom in 2024–125 billion US dollars
LEADING EXPORTS FROM THE USA IN 2024
1. Tobacco
2. Cereals
3. Meat and edible meat offal
4. Dairy produce
5. Edible products of animal origin
- South Korea — The valuation of the goods exported from USA to South Korea in 2024–115 billion US dollars
LEADING EXPORTS FROM THE USA IN 2024
1. Crustaceans
2. Mollusks
3. Vegetables
4. Beverages
5. Prepared animal fodder
- Germany– The valuation of the goods exported from the USA to Germany in 2024–110 billion US dollars
LEADING EXPORTS FROM THE USA IN 2024
1. Mineral fuels
2. Mineral oils
3. Inorganic chemicals
4. Fertilizers
5. Pharmaceutical products
- Netherlands — The valuation of the goods exported from the USA to the Netherlands in 2024–95 billion US dollars
LEADING EXPORTS FROM THE USA IN 2024
1. Essential oils and resinoids
2. Albuminoidal substances
3. Pyrotechnic products
4. Miscellaneous chemical products
5. Plastics and articles thereof
- France — The valuation of the goods exported from the USA to France in 2024–85 billion US dollars
LEADING EXPORTS FROM THE USA IN 2024
1. Rubber and articles
2. Raw hides and skins
3. Cork and articles of cork
4. Paper and paperboard
5. Newspapers
- India — The valuation of the goods exported from the USA to India in 2024–75 billion US dollars
LEADING EXPORTS FROM THE USA IN 2024
1. Silk
2. Horsehair
3. Cotton
4. Carpets
5. Textile floor coverings
Comments
Post a Comment