Total Exports From US
|Rank||Commodity||Total YTD Exports|
|1||Gasoline, other fuels||$89,948,338,046|
|2||Civilian aircraft and parts||$86,803,246,745|
|3||Motor vehicles for transporting people||$47,234,728,002|
|4||Motor vehicle parts||$36,346,798,414|
|5||Low value shipments||$30,286,184,244|
|8||Landline, cellular phone equipment||$25,323,015,254|
|10||Medical instruments for surgeons, dentists, vets||$20,957,707,185|
Total Imports To US
|Rank||Commodity||Total YTD Imports|
|2||Motor vehicles for transporting people||$126,011,276,431|
|3||Gasoline, other fuels||$74,832,688,721|
|4||Landline, cellular phone equipment||$72,634,295,031|
|6||Motor vehicle parts||$48,189,806,157|
|7||Imports of returned exports||$44,137,552,008|
|10||TVs, computer monitors||$22,590,617,189|
Top US Trading Partners
U.S. trade increases 0.56 percent through October
U.S. trade with the world rose to $3.21 trillion through the first 10 months of the 2013, according to a WorldCity analysis of the latest U.S. Census Bureau data.
That’s a 0.56 percent increase from the same time last year. The nation’s exports climbed 1.98 percent to $1.31 trillion and imports dropped 0.41 percent to $1.9 trillion. The overall trade deficit was $585.17 billion down compared to the same period last year, when the deficit was $618.4 billion.
Through October, the nation’s top trade partners were No. 1 Canada, No. 2 China, No. 3 Mexico, No. 4 Japan and No. 5 Germany. Through the first 10 months of last year, the top five spots were held by No. 1 Canada, No. 2 China, No. 3 Mexico, No. 4 Japan and No. 5 Germany, respectively.
Taking a closer look at the leading U.S. trade partners:
- No. 1 Canada’s trade rose 2.69 percent to $529.51 billion. Exports rose 2.61 percent to $251.27 billion. Imports rose 2.76 percent to $278.24 billion.
- No. 2 China’s trade rose 4.00 percent to $458.52 billion. Exports rose 6.85 percent to $95.75 billion. Imports rose 3.28 percent to $362.77 billion.
- No. 3 Mexico’s trade rose 2.04 percent to $423.22 billion. Exports rose 4.14 percent to $188.61 billion. Imports rose 0.41 percent to $234.61 billion.
- No. 4 Japan’s trade fell 6.29 percent to $169.73 billion. Exports fell 7.33 percent to $54.08 billion. Imports fell 5.80 percent to $115.65 billion.
- No. 5 Germany’s trade rose 2.86 percent to $134.07 billion. Exports fell 4.36 percent to $39.34 billion. Imports rose 6.18 percent to $94.72 billion.
The nation’s top five trading partners through October accounted for 46.53 percent of its trade with the world.
The U.S. had trade surpluses with 138 countries and deficits with 95 through October. That compares with 136 surpluses and 97 deficits for the same period one year earlier. The top three surpluses through October of this year were with Hong Kong, $30.61 billion; Netherlands, $19.11 billion; United Arab Emirates, $19.02 billion. The top three deficits were with China, $267.01 billion; Japan, $61.56 billion; and Germany, $55.38 billion.The nation’s top five exports by value through October were gasoline, other fuels; civilian aircraft and parts; motor vehicles for transporting people; motor vehicle parts; and low value shipments in that order. Those accounted for 22.16 percent of its total outbound trade.
The value of the nation’s top five imports through October were, oil; motor vehicles for transporting people; gasoline, other fuels; landline, cellular phone equipment; and computers. They accounted for 30.15 percent of all inbound shipments.
Looking more closely at U.S. exports:
- No. 1 Gasoline, other fuels rose 7.31 percent compared to last year to $89.95 billion.
- No. 2 Civilian aircraft and parts rose 13.51 percent compared to last year to $86.8 billion.
- No. 3 Motor vehicles for transporting people rose 5.91 percent compared to last year to $47.23 billion.
- No. 4 Motor vehicle parts rose 2.65 percent compared to last year to $36.35 billion.
- No. 5 Low value shipments rose 2.20 percent compared to last year to $30.29 billion.
On the import side:
- No. 1 Oil fell 14.15 percent compared to last year to $232.23 billion.
- No. 2 Motor vehicles for transporting people rose 4.51 percent compared to last year to $126.01 billion.
- No. 3 Gasoline, other fuels fell 2.07 percent compared to last year to $74.83 billion.
- No. 4 Landline, cellular phone equipment rose 13.58 percent compared to last year to $72.63 billion.
- No. 5 Computers fell 3.98 percent compared to last year to $65.99 billion.