1. Overview the trade of UNITED STATES in goods current year until 202201
According to Dalian Infobank, in 202201, UNITED STATES's exports and imports of goods amounted to 395474.0003 million, and were up 18.96% comparing with the same period of last year. Among these, exports were up 15.44% at 147348.9932 million, and imports were up 21.15% at 248125.0071 million. And the corresponding trade deficit was 100776.0139 million and up 30.58%.
During the current year until 202201, UNITED STATES's total exports and imports of goods were 395474.0003 million and were up 18.96% comparing to the same period of last year. Among these, exports were 147348.9932 million and up 15.44%; imports were 248125.0071 million and up 21.15%. The total trade deficit was 100776.0139 million and up 30.58%.
If considering by country (region), CHINA, MEXICO, CANADA, JAPAN, GERMANY were UNITED STATES's top five trading partners. During the current year until 202201, UNITED STATES's imports and exports to five countries/territories were 59322.0714 million, 56935.3768 million, 56771.3081 million, 17983.1931 million, 15365.3803 million. These values correspond to 15.00%, 14.40%, 14.36%, 4.55%, 3.89% of UNITED STATES's imports and exports, and, respectively, were up 14.14%, up 17.33%, up 24.06%, up 9.84%, up 0.03% comparing to the same period of last year.
Current year until 202201, UNITED STATES and the top five trade partners CANADA, MEXICO, CHINA, JAPAN, UNITED KINGDOM are the top five countries/territories that UNITED STATES exports to in terms of the total export amount. During the current year until 202201, UNITED STATES's exports to these five countries/territories were 24562.6856 million, 23678.1261 million, 11475.2054 million, 5927.4709 million, 5387.8505 million. These values correspond to 16.67%, 16.07%, 7.79%, 4.02%, 3.66% of UNITED STATES's exports and, respectively, were up 15.77%, up 21.53%, down 10.77%, down 1.50%, up 15.35% comparing with the same period of last year.
Current year until 202201, 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 202201, UNITED STATES's imports from these five countries/territories were 47846.8659 million, 33257.2507 million, 32208.6225 million, 12055.7222 million, 10055.9026 million. These values correspond to 19.28%, 13.40%, 12.98%, 4.86%, 4.05% of UNITED STATES's total imports and, respectively, were up 22.34%, up 14.52%, up 31.24%, up 16.43%, down 7.27% comparing with the same period of last year.
During the current year until 202201, the trade surplus of UNITED STATES was mainly from NETHERLANDS, HONG KONG, UNITED KINGDOM, SINGAPORE, BELGIUM at 1793.6767 million, 1707.2125 million, 1388.0153 million, 1224.5502 million, 1155.1201 million, and down 7.61%, down 16.89%, up 87.94%, up 7993.68%, up 54.87%. And the trade deficits were mainly from CHINA, MEXICO, VIETNAM, CANADA, JAPAN at 36371.6605 million, 9579.1247 million, 9129.0354 million, 7645.9370 million, 6128.2513 million, and up 38.56%, up 0.22%, up 34.67%, up 129.94%, up 41.30%.
Current year until 202201, UNITED STATES's trade surplus or deficit with top five countries/territories During the current year until 202201, commodities with hs2 codes, 85, 84, 27, 87, 30, were UNITED STATES's top five traded commodities. They correspond to the import and export values of 52164.3560 million, 51565.4232 million, 45591.1767 million, 32075.2315 million, 18599.6656 million, which were up 19.63%, up 10.06%, up 66.06%, up 2.54%, up 0.06% comparing with the same period of last year and account for 13.19%, 13.04%, 11.53%, 8.11%, 4.70% of UNITED STATES's total imports and exports.
During the current year until 202201, 27, 84, 85, 87, 88 were UNITED STATES's top five traded commodities, with total import and export values of 23919.5413 million, 16747.3733 million, 15484.3709 million, 8597.3511 million, 7439.8551 million. These values correspond to 16.23%, 11.37%, 10.51%, 5.83%, 5.05% of UNITED STATES's total exports and, respectively, were up 55.37%, up 2.79%, up 6.24%, down 0.94%, up 28.39% comparing to the same period of last year.
During the current year until 202201, 85, 84, 87, 27, 30 were UNITED STATES's top five traded commodities, with total import values of 36679.9851 million, 34818.0499 million, 23477.8804 million, 21671.6354 million, 12616.2929 million. These values correspond to 14.78%, 14.03%, 9.46%, 8.73%, 5.08% of UNITED STATES's total exports and, respectively, were up 26.35%, up 13.94%, up 3.87%, up 79.71%, down 9.77% comparing to the same period of last year.
2. Current year until 202201, UNITED STATES binational trade profile
According to Dalian Infobank, during the current year until 202201, UNITED STATES-China binational exports and imports of goods amounted to 59322.0714 million and were up 14.14% comparing with the same period of last year. Among these, exports from UNITED STATES to China were 11475.2054 million and down 10.77%, imports from China to UNITED STATES were 47846.8659 million and up 22.34%. The total binational trade deficit was 36371.6605 million and up 38.56%.
During the urrent year until 202201, 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 14468.2073 million, 10250.3385 million, 2893.6370 million, 2646.8054 million, 2646.5809 million and makes up 24.39%, 17.28%, 4.88%, 4.46%, 4.46% of the total binational imports and exports. These values were also up 24.01%, up 0.71%, up 21.81%, down 0.60%, up 13.79% comparing to the same period last year.
During the current year until 202201, 12, 85, 84, 27, 90 were the top five traded commodities exported to China from UNITED STATES, with export values of 2045.6876 million, 1386.7466 million, 1147.5452 million, 872.2202 million, 736.2966 million. These values account for 17.83%, 12.08%, 10.00%, 7.60%, 6.42% of UNITED STATES's total exports and were down 20.96%, down 5.78%, down 23.86%, down 26.59%, down 5.52% comparing to the same period of last year.
During the current year until 202201, 85, 84, 95, 94, 39 were UNITED STATES's top five traded commodities importing from China , with import values of 13081.4607 million, 9102.7933 million, 2883.2429 million, 2636.9308 million, 2130.4239 million. These values account for 27.34%, 19.02%, 6.03%, 5.51%, 4.45% of UNITED STATES's total imports and were up 28.32%, up 4.98%, up 21.75%, up 13.93%, up 0.59% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: U.S. Census Bureau