1. Overview the trade of UNITED STATES in goods current year until 202202
According to Dalian Infobank, in 202202, UNITED STATES's exports and imports of goods amounted to 385111.5629 million, and were up 21.20% comparing with the same period of last year. Among these, exports were up 21.58% at 150682.0303 million, and imports were up 20.96% at 234429.5326 million. And the corresponding trade deficit was 83747.5023 million and up 19.85%.
During the current year until 202202, UNITED STATES's total exports and imports of goods were 780585.5633 million and were up 20.05% comparing to the same period of last year. Among these, exports were 298031.0236 million and up 18.47%; imports were 482554.5397 million and up 21.06%. The total trade deficit was 184523.5162 million and up 25.48%.
If considering by country (region), MEXICO, CHINA, CANADA, JAPAN, GERMANY were UNITED STATES's top five trading partners. During the current year until 202202, UNITED STATES's imports and exports to five countries/territories were 113186.8964 million, 113176.0355 million, 112978.4006 million, 36005.1188 million, 30134.7442 million. These values correspond to 14.50%, 14.50%, 14.47%, 4.61%, 3.86% of UNITED STATES's imports and exports, and, respectively, were up 16.69%, up 18.62%, up 21.29%, up 16.62%, up 2.17% comparing to the same period of last year.
Current year until 202202, 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 202202, UNITED STATES's exports to these five countries/territories were 49846.2970 million, 47393.3252 million, 23069.1936 million, 12667.9002 million, 10874.6803 million. These values correspond to 16.73%, 15.90%, 7.74%, 4.25%, 3.65% of UNITED STATES's exports and, respectively, were up 14.89%, up 16.94%, up 3.58%, up 12.53%, up 18.07% comparing with the same period of last year.
Current year until 202202, 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 202202, UNITED STATES's imports from these five countries/territories were 90106.8419 million, 65793.5712 million, 63132.1036 million, 23337.2186 million, 19558.9379 million. These values correspond to 18.67%, 13.63%, 13.08%, 4.84%, 4.05% of UNITED STATES's total imports and, respectively, were up 23.20%, up 16.51%, up 26.88%, up 18.96%, down 2.65% comparing with the same period of last year.
During the current year until 202202, the trade surplus of UNITED STATES was mainly from NETHERLANDS, HONG KONG, UNITED KINGDOM, SINGAPORE, BRAZIL at 4508.5432 million, 3471.7885 million, 2822.3045 million, 2533.6520 million, 2300.0811 million, and up 10.62%, down 4.50%, up 102.98%, up 297.41%, down 12.77%. And the trade deficits were mainly from CHINA, MEXICO, VIETNAM, CANADA, JAPAN at 67037.6484 million, 18400.2460 million, 16462.1724 million, 13285.8066 million, 10669.3184 million, and up 31.79%, up 15.44%, up 31.08%, up 108.55%, up 27.62%.
Current year until 202202, UNITED STATES's trade surplus or deficit with top five countries/territories During the current year until 202202, 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 100928.1511 million, 98861.7369 million, 91485.4822 million, 63332.8461 million, 38893.3100 million, which were up 12.85%, up 19.08%, up 62.47%, up 2.51%, up 13.19% comparing with the same period of last year and account for 12.93%, 12.67%, 11.72%, 8.11%, 4.98% of UNITED STATES's total imports and exports.
During the current year until 202202, 27, 84, 85, 87, 88 were UNITED STATES's top five traded commodities, with total import and export values of 48439.3436 million, 33356.6636 million, 30265.1056 million, 18487.6122 million, 14647.4229 million. These values correspond to 16.25%, 11.19%, 10.16%, 6.20%, 4.91% of UNITED STATES's total exports and, respectively, were up 53.13%, up 7.60%, up 9.76%, down 0.09%, up 32.70% comparing to the same period of last year.
During the current year until 202202, 85, 84, 87, 27, 30 were UNITED STATES's top five traded commodities, with total import values of 68596.6314 million, 67571.4875 million, 44845.2339 million, 43046.1386 million, 25407.2573 million. These values correspond to 14.22%, 14.00%, 9.29%, 8.92%, 5.27% of UNITED STATES's total exports and, respectively, were up 23.71%, up 15.64%, up 3.62%, up 74.45%, up 2.29% comparing to the same period of last year.
2. Current year until 202202, UNITED STATES binational trade profile
According to Dalian Infobank, during the current year until 202202, UNITED STATES-China binational exports and imports of goods amounted to 113176.0355 million and were up 18.62% comparing with the same period of last year. Among these, exports from UNITED STATES to China were 23069.1936 million and up 3.58%, imports from China to UNITED STATES were 90106.8419 million and up 23.20%. The total binational trade deficit was 67037.6484 million and up 31.79%.
During the urrent year until 202202, commodities with hs2 code, 85, 84, 95, 94, 39, were binational trade's top five traded commodities. They correspond to import and export values of 25872.2667 million, 19116.6554 million, 5406.9271 million, 5094.7062 million, 5079.5848 million and makes up 22.86%, 16.89%, 4.78%, 4.50%, 4.49% of the total binational imports and exports. These values were also up 20.25%, up 2.87%, up 15.69%, up 16.60%, up 0.41% comparing to the same period last year.
During the current year until 202202, 12, 85, 84, 27, 90 were the top five traded commodities exported to China from UNITED STATES, with export values of 3106.5702 million, 2604.4162 million, 2306.9321 million, 1894.7763 million, 1570.2175 million. These values account for 13.47%, 11.29%, 10.00%, 8.21%, 6.81% of UNITED STATES's total exports and were down 7.20%, down 9.65%, down 8.67%, down 0.96%, up 10.26% comparing to the same period of last year.
During the current year until 202202, 85, 84, 95, 94, 39 were UNITED STATES's top five traded commodities importing from China , with import values of 23267.8505 million, 16809.7234 million, 5388.2444 million, 5073.4763 million, 4043.3891 million. These values account for 25.82%, 18.66%, 5.98%, 5.63%, 4.49% of UNITED STATES's total imports and were up 24.87%, up 4.69%, up 15.67%, up 16.74%, up 0.01% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: U.S. Census Bureau