List of exports of the United States
31 rows · United States exports totaled $ Trillion in How much the US exported to other countries. The following is a list of the exports of the United States. Exports of the United States. Data is for , in millions of United States dollars, as reported by The Observatory of Economic Complexity. Currently the top thirty exports are listed. Mar 07, · Top U.S. goods exports Here's a breakdown of the biggest U.S. export industries in , according to the U.S. Commerce Department. Food, beverage and feed: $ billion. Soybeans were the number.
The US is the second largest export economy in the world after China. It imported more goods than it exported inleading to a negative trade balance. China and Canada are the largest markets for unspecified goods from the US, accounting for 9. Oil and oil-based products including refined petroleum is the second most exported product from the US.
Refined petroleum accounts for 4. Cars accounted for 3. The country boasts of major automobile firms including General Motors, Ford, and Chrysler. Mexico, Canada, and China were the major market for the vehicle parts from the US. The US is one of the top exporters of electronic machines and spare parts in the world. Computers were the second most exported machines, accounting for 1. Telephones and machine parts accounted for 1.
The US exports less than it imports. But why is it so? The emerging markets such as China and India have lower living standards, allowing them to make consumer goods cheaper than the US. Thus, they are better at producing some of the products the US produces. Secondly, some European and Japanese countries produce better-quality automobiles than the US.
Thus, these countries have a wider market than the US. Finally, the US depends on oil. While the country is a large exporter of oil, it what to look for when buying a used bobcat also one of the largest importers of oil since it uses more oil than it produces.
Refined petroleum is the second most exported product from the US. John Misachi May 2 in World Facts. Olympic Games History. Southeast Asian Countries. Commonwealth Of Independent States.
?Why Is the US Exporting Less?
Feb 26, · Capital goods top the list of U.S. exports. These include aircraft, machines, equipment, and semiconductors. The production of soybeans, meat, poultry, and corn benefits the most from government farm subsidies. The volume of U.S. exports falls short of its imports. Oct 04, · Petroleum and coal products are also among the top products exported by the United States. Texas was the US’s largest exporter in Its top . May 02, · The Biggest Exports of the United States Refined petroleum is the second most exported product from the US. The US is the second largest export economy in the world after China. It exported approximately $ trillion of goods and services ($ trillion worth of goods) in
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Develop and improve products. List of Partners vendors. Between January and July this year, the U. All figures are based are on U. Census Bureau data for This category includes aerospace products and parts, motor vehicles, railroad stock, and ships and boats.
The second largest commodity exported was computer products, including semiconductors used in the production of smartphones, navigational instruments, and audio and video equipment. Aerospace products were the fourth largest export in Petroleum and coal products are also among the top products exported by the United States.
Its top commodities included computer and electronic products, petroleum and coal products, and oil and gas. California was next in , with its top exports including computer and electronic equipment and transportation equipment and machinery. Washington took third place, followed by New York, Illinois, and Michigan. And where are American goods being shipped overseas? Canada accounted for the largest percentage of the United States' exports at United Kingdom and Germany round out the top 6.
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Related Articles. Stocks Top Lockheed Martin Shareholders. Macroeconomics How Much Does the U. Import From Mexico? Macroeconomics Unemployment Rate by State. Partner Links. What Is the Net Exports Formula? A nation's net exports are the value of its total exports minus the value of its total imports. The figure also is called the balance of trade. Import An import is a product or service produced abroad but then sold and consumed in your country.
Net Importer A net importer is an entity, usually a country, that buys more from other entities countries than it sells to them over a given period of time. Crude Oil Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Investopedia is part of the Dotdash publishing family.