What percentage of US imports come from Asia?
Imports from China totaled 994,431 TEU, up 15.5 percent year over year. Imports from Asia in 2020 accounted for 67.4 percent of total US imports from the world, and imports from China accounted for 42.1 percent of total US imports, according to PIERS. Click to enlarge.
What are three things that the US exports to Asia?
Leading categories include: soybeans ($9.7 billion), corn ($9.1 billion), beef and beef products ($7.6 billion), pork and pork products ($5.8 billion), and prepared food ($4.6 billion). U.S. exports of services to APEC were $320.2 billion in 2018, up 3.4% ($10.4 billion) from 2017, and up 67 percent from 2008.
What is the US main export to China?
Exports to China benefit nearly all US states and industries. China was a top-five goods export destination for 45 states in 2020. The top US goods exports to China are oilseeds and grains, semiconductors and their componentry, oil and gas, and motor vehicles.
What top 3 countries are US exports sold to?
The top five purchasers of U.S. goods exports in 2019 were: Canada ($292.6 billion), Mexico ($256.6 billion), China ($106.4 billion), Japan ($74.4 billion), and the United Kingdom ($69.1 billion). U.S. goods exports to the European Union 27 were $267.6 billion.
What is America’s biggest exports?
These are the top US exports
- Top U.S. goods exports.
- Food, beverage and feed: $133 billion.
- Crude oil, fuel and other petroleum products: $109 billion.
- Civilian aircraft and aircraft engines: $99 billion.
- Auto parts, engines and car tires: $86 billion.
- Industrial machines: $57 billion.
- Passenger cars: $53 billion.
What is America’s number one export?
Searchable List of America’s Most Valuable Export Products
| Rank | US Export Product | YOY |
|---|---|---|
| 1 | Processed petroleum oils | +46.9% |
| 2 | Crude oil | +40.1% |
| 3 | Petroleum gases | +104% |
| 4 | Cars | +19% |
What does the US import from Asia?
The top import categories (2-digit HS) in 2020 were: electrical machinery ($72.9 billion), machinery ($29.9 billion), furniture and bedding ($15.0 billion), knit apparel ($12.3 billion), and rubber ($9.6 billion). U.S. total imports (general definition) of agricultural products from ASEAN totaled $12.6 billion in 2020.
What does the US get from asia?
Overall, U.S. imports from ASEAN account for 7.3 percent of U.S. imports. In 2018, top U.S. imports from Southeast Asia were electrical machinery ($52.9 billion), garments (about $29.8 billion), machinery ($23.3 billion), and raw materials and agricultural products ($13.2 billion).
What percentage of US goods are made in China?
U.S. imports from China account for 21.2% of overall U.S. imports in 2018. The largest categories of those imports for 2018 included electrical machinery ($152 billion), machinery ($117 billion), furniture ($35 billion), toys and outdoor equipment ($27 billion), and plastics and plastic parts ($19 billion).
What percent of US exports go to China?
8.7 percent
U.S. exports to China are up 549.0 percent from 2001 (pre-WTO accession). U.S. exports to China account for 8.7 percent of overall U.S. exports in 2020.
What is the US’s biggest export?
What does the US export 2021?
For 2021, the goods and services deficit was $859.1 billion, up $182.4 billion from $676.7 billion in 2020. Exports were $2,528.5 billion, up $394.1 billion from 2020. Imports were $3,387.7 billion, up $576.5 billion from 2020….U.S. International Trade in Goods and Services, December 2021.
| Deficit: | $80.7 Billion | +1.8%° |
|---|---|---|
| Exports: | $228.1 Billion | +1.5%° |
| Imports: | $308.9 Billion | +1.6%° |
How much does the US export to ASEAN?
U.S. exports of services to ASEAN were $30.0 billion in 2017 (latest data available), up 8.7% ($2.6 billion) from 2016, and up 117% from 2007. U.S. goods imports from ASEAN totaled $185.8 billion in 2018, up 9.4% ($16.0 billion) from 2017, and up 68.7% from 2008.
How much does the United States export from other countries?
United States Exports By Country Value Year Canada $292.34B 2019 Mexico $256.37B 2019 China $106.63B 2019 Japan $74.65B
Which ASEAN countries are the top import suppliers to the US?
The top 5 U.S. import suppliers from the ASEAN countries for 2018 were: Vietnam ($49.2 billion), Malaysia ($39.4 billion), Thailand ($31.9 billion), Singapore ($27.3 billion), and Indonesia ($20.9 billion).
Which US states export the most goods to China?
Nevertheless, China was one of the top five goods export destinations for the majority of states that year. California, Texas, Oregon, South Carolina, and Washington were the five leading states exporting to China, jointly contributing around 42 percent of commodity exports.