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Monitor Report of UNITED STATES trade and UNITED STATES-China binational trade in 202109

 1.  Overview the trade of UNITED STATES in goods current year until 202109

According to Dalian Infobank, in 202109UNITED STATES's exports and imports of goods amounted to 386192.5647 million, and were up 17.79% comparing with the same period of last year. Among these, exports were up 16.75% at 141829.6301 million, and imports were up 18.39% at 244362.9346 million. And the corresponding trade deficit was 102533.3045 million and up 20.74%.

During the current year until 202109, UNITED STATES's total exports and imports of goods were 3338472.3821 million and were up 22.37% comparing to the same period of last year. Among these, exports were 1273995.2279 million and up 22.57%; imports were 2064477.1542 million and up 22.24%. The total trade deficit was 790481.9263 million and up 21.71%.

If considering by country (region), MEXICO, CANADA, CHINA, JAPAN, GERMANY were UNITED STATES's top five trading partners. During the current year until 202109, UNITED STATES's imports and exports to five countries/territories were 486640.4409 million, 483625.3542 million, 465391.1926 million, 157053.7244 million, 148262.8432 million. These values correspond to 14.58%, 14.49%, 13.94%, 4.70%, 4.44% of UNITED STATES's imports and exports, and, respectively, were up 26.07%, up 26.31%, up 20.88%, up 17.94%, up 17.04% comparing to the same period of last year.

Current year until 202109, UNITED STATES and the top five trade partners CANADA, MEXICO, CHINA, JAPAN, SOUTH KOREA are the top five countries/territories that UNITED STATES exports to in terms of the total export amount. During the current year until 202109, UNITED STATES's exports to these five countries/territories were 224550.9738 million, 204155.5649 million, 104976.1788 million, 54793.5748 million, 49735.5657 million. These values correspond to 17.63%, 16.02%, 8.24%, 4.30%, 3.90% of UNITED STATES's exports and, respectively, were up 20.62%, up 33.23%, up 29.44%, up 13.95%, up 29.36% comparing with the same period of last year.

Current year until 202109, UNITED STATES's exports to top five countries/territories CHINA, MEXICO, CANADA, JAPAN, GERMANY are the top five countries/territories that UNITED STATES imports from in terms of the total export amount. During the current year until 202109, UNITED STATES's imports from these five countries/territories were 360415.0138 million, 282484.8760 million, 259074.3804 million, 102260.1497 million, 100055.3751 million. These values correspond to 17.46%, 13.68%, 12.55%, 4.95%, 4.85% of UNITED STATES's total imports and, respectively, were up 18.60%, up 21.35%, up 31.68%, up 20.20%, up 19.26% comparing with the same period of last year.

During the current year until 202109, the trade surplus of UNITED STATES was mainly from HONG KONG, NETHERLANDS, BRAZIL, AUSTRALIA, BELGIUM at 19278.6578 million, 13093.3155 million, 11779.6038 million, 10619.4812 million, 9331.4242 million, and up 90.80%, up 0.58%, up 30.54%, up 72.95%, up 60.58%. And the trade deficits were mainly from CHINA, MEXICO, VIETNAM, GERMANY, JAPAN at 255438.8350 million, 78329.3111 million, 65482.6492 million, 51847.9071 million, 47466.5749 million, and up 14.66%, down 1.54%, up 32.38%, up 26.13%, up 28.31%.

Current year until 202109, UNITED STATES's trade surplus or deficit with top five countries/territories During the current year until 202109,  commodities with hs2 codes, 84, 85, 27, 87, 30, were UNITED STATES's top five traded commodities. They correspond to the import and export values of 460931.7356 million, 425217.2066 million, 319430.7240 million, 296639.0068 million, 164247.3069 million, which were up 18.41%, up 19.89%, up 54.62%, up 22.02%, up 13.65% comparing with the same period of last year and account for 13.81%, 12.74%, 9.57%, 8.89%, 4.92% of UNITED STATES's total imports and exports.

During the current year until 202109, 27, 84, 85, 87, 90 were UNITED STATES's top five traded commodities, with total import and export values of 165531.5284 million, 154746.2142 million, 136828.5409 million, 91567.4069 million, 67929.4665 million. These values correspond to 12.99%, 12.15%, 10.74%, 7.19%, 5.33% of UNITED STATES's total exports and, respectively, were up 43.83%, up 15.46%, up 15.45%, up 23.75%, up 11.15% comparing to the same period of last year.

During the current year until 202109, 84, 85, 87, 27, 30 were UNITED STATES's top five traded commodities, with total import values of 306185.5214 million, 288388.6658 million, 205071.5999 million, 153899.1956 million, 110653.3891 million. These values correspond to 14.83%, 13.97%, 9.93%, 7.45%, 5.36% of UNITED STATES's total exports and, respectively, were up 19.95%, up 22.11%, up 21.26%, up 68.19%, up 5.92% comparing to the same period of last year.


2. Current year until 202109, UNITED STATES binational trade profile

According to Dalian Infobank, during the current year until 202109, UNITED STATES-China binational exports and imports of goods amounted to 465391.1926 million and were up 20.88% comparing with the same period of last year. Among these, exports from UNITED STATES to China were 104976.1788 million and up 29.44%, imports from China to UNITED STATES were 360415.0138 million and up 18.60%. The total binational trade deficit was 255438.8350 million and up 14.66%.

During the urrent year until 202109, commodities with hs2 code, 85, 84, 95, 39, 94, were binational trade's top five traded commodities. They correspond to import and export values of 104286.5210 million, 93415.3133 million, 24885.3082 million, 22943.7017 million, 20091.4398 million and makes up 22.41%, 20.07%, 5.35%, 4.93%, 4.32% of the total binational imports and exports. These values were also up 21.84%, up 18.86%, up 60.82%, up 26.47%, up 24.90% comparing to the same period last year.

During the current year until 202109, 85, 84, 27, 90, 10 were the top five traded commodities exported to China from UNITED STATES, with export values of 14975.9979 million, 12310.4406 million, 10153.8355 million, 7907.2819 million, 6598.1037 million. These values account for 14.27%, 11.73%, 9.67%, 7.53%, 6.29% of UNITED STATES's total exports and were up 20.72%, up 19.96%, up 67.80%, up 16.40%, up 333.76% comparing to the same period of last year.

During the current year until 202109, 85, 84, 95, 94, 39 were UNITED STATES's top five traded commodities importing from China , with import values of 89310.5230 million, 81104.8727 million, 24801.9221 million, 19963.5615 million, 18251.6147 million. These values account for 24.78%, 22.50%, 6.88%, 5.54%, 5.06% of UNITED STATES's total imports and were up 22.02%, up 18.70%, up 61.21%, up 25.08%, up 29.15% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: U.S. Census Bureau