The deficit with China decreased $2.1 billion to $23.7 billion in January. Exports increased $0.2 billion to $7.7 billion and imports decreased $1.8 billion to $31.4 billion….U.S. International Trade in Goods and Services, January 2020.

What is US biggest export 2020?

America’s biggest export products by value in 2020 were refined petroleum oil, crude oil, cars, electronic integrated circuits and petroleum gases. Given America’s population of 330 million people, its total $1.431 trillion in revenues from exports in 2020 translates to roughly $4,300 for every U.S. resident.

Who does the US trade with the most 2021?

Mexico is the nation’s top-ranked trade partner, with an increase of 2.98%, followed by Canada (2.61%) and China (13.57%). China finished 2020 as the nation’s top trade partner and tends to increase its trade in the second half of the year.

How much does the United States import and export?

In 2019, the total U.S. trade with foreign countries was $5.6 trillion. 1  That was $2.5 trillion in exports and $3.1 trillion in imports of both goods and services. The United States imports more than it exports.

What was the US exports in July 2019?

United States Exports Exports of goods and services from the US increased 0.6 percent, or USD 1.2 billion, from the previous month to USD 207.4 billion in July of 2019.

Which is the largest export market for the United States?

U.S. exports to EU account for 19.1% of overall U.S. exports in 2018. The top 5 U.S. export markets in the EU countries for 2018 were: United Kingdom ($66.2 billion), Germany ($57.7 billion), Netherlands ($49.4 billion), France ($36.3 billion), and Belgium ($31.4 billion).

How much does the United States trade with the European Union?

The United States had a $807 billion in total (two ways) goods trade with European Union countries during 2018. Goods exports totaled $319 billion; goods imports totaled $488 billion.