United State Import Export Data

NEW YORK MILLS, N.Y. - June 5, 2023 - PRLog -- The USA is known as the biggest importer and exporter nation in the world. The market in the United States is so vibrant and massive that there is always a chance to grab new opportunities and market avenues.

US TRADE DATA FOR THE YEAR 2022

Being a country with a huge variety of products and services, the demand for all the goods in the country usually remains high. Due to this fact, the US is forced to import certain goods from other countries to fulfill the demands of its citizens. As per the US Import Data for the year 2022, the imports made by the United States touched USD 3.37 trillion. This amount was comparatively higher than the last year, 2021 when the total imports were close to USD 2.93 trillion.

As per the US Import Data in the year 2022 were:

• China (USD 575.71B)
• Mexico (USD 459.20B)
• Canada (USD 448.33B)
• Japan (USD 154.44B)
• Germany (USD 150.46B)

Other countries that were there in the rundown were namely, Vietnam, Korea, and India.

The major products imported to the United States as per the US Import Data 2022, were electrical machines, automobiles, mineral fuels and oils, medical items, and plastic products. As per the US Export Data for the year 2022, the USA exported goods worth USD 2.06 trillion.

• Canada (USD 354.99 billion)
• Mexico (USD 324.37 billion)
• China (USD 153.83 billion)
• Japan (USD 80.31 billion)
• The UK (USD 77.3 billion)

Other major countries to whom the US exported the most were Germany, the Netherlands, and Korea.

The past 5 years' trend of total imports to the United States is mentioned below for the years 2018-2022.

TOTAL IMPORT-EXPORT TRADE OF THE UNITED STATES (2018-22)

YEAR   TOTAL IMPORTS   TOTAL EXPORTS   TOTAL TRADE

2018   USD 2.60 trillion   USD 1.66 trillion   USD 4.26 trillion

2019   USD 2.56 trillion   USD 1.64 trillion   USD 4.20 trillion

2020   USD 2.40 trillion   USD 1.42 trillion   USD 3.82 trillion

2021   USD 2.93 trillion   USD 1.75 trillion   USD 4.68 trillion

2022   USD 3.37 trillion   USD 2.06 trillion   USD 5.43 trillion

Overall, in 5 years, the US Trade Data has increased by almost 27.46%.

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