1. Overview the trade of UNITED STATES in goods current year until 202204
According to Dalian Infobank, in 202204, UNITED STATES's exports and imports of goods amounted to 446175.8024 million, and were up 20.19% comparing with the same period of last year. Among these, exports were up 19.89% at 173096.5248 million, and imports were up 20.37% at 273079.2776 million. And the corresponding trade deficit was 99982.7527 million and up 21.21%.
During the current year until 202204, UNITED STATES's total exports and imports of goods were 1703177.0823 million and were up 20.76% comparing to the same period of last year. Among these, exports were 650582.6642 million and up 18.82%; imports were 1052594.4181 million and up 22.00%. The total trade deficit was 402011.7539 million and up 27.53%.
If considering by country (region), CANADA, MEXICO, CHINA, JAPAN, GERMANY were UNITED STATES's top five trading partners. During the current year until 202204, UNITED STATES's imports and exports to five countries/territories were 254911.4301 million, 248359.3626 million, 226898.5370 million, 75651.9933 million, 67632.9007 million. These values correspond to 14.97%, 14.58%, 13.32%, 4.44%, 3.97% of UNITED STATES's imports and exports, and, respectively, were up 25.29%, up 19.04%, up 14.87%, up 11.08%, up 6.51% comparing to the same period of last year.
Current year until 202204, 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 202204, UNITED STATES's exports to these five countries/territories were 113253.1305 million, 103241.3420 million, 47645.9724 million, 26093.5840 million, 23819.8663 million. These values correspond to 17.41%, 15.87%, 7.32%, 4.01%, 3.66% of UNITED STATES's exports and, respectively, were up 17.44%, up 19.22%, up 2.30%, up 9.27%, up 21.36% comparing with the same period of last year.
Current year until 202204, 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 202204, UNITED STATES's imports from these five countries/territories were 179252.5646 million, 145118.0206 million, 141658.2996 million, 49558.4094 million, 44176.0531 million. These values correspond to 17.03%, 13.79%, 13.46%, 4.71%, 4.20% of UNITED STATES's total imports and, respectively, were up 18.74%, up 18.90%, up 32.36%, up 12.05%, up 3.39% comparing with the same period of last year.
During the current year until 202204, the trade surplus of UNITED STATES was mainly from NETHERLANDS, HONG KONG, BRAZIL, UNITED KINGDOM, BELGIUM at 9804.7842 million, 6640.8505 million, 5735.0142 million, 4643.1233 million, 4132.8427 million, and up 30.77%, down 27.50%, up 20.36%, up 120.40%, up 29.15%. And the trade deficits were mainly from CHINA, MEXICO, VIETNAM, CANADA, JAPAN at 131606.5922 million, 41876.6786 million, 36601.5058 million, 28405.1691 million, 23464.8254 million, and up 26.08%, up 18.13%, up 33.68%, up 168.12%, up 15.31%.
Current year until 202204, UNITED STATES's trade surplus or deficit with top five countries/territories During the current year until 202204, 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 220953.7183 million, 209359.3021 million, 208039.5870 million, 142960.3108 million, 80288.3237 million, which were up 12.76%, up 16.28%, up 69.66%, up 6.23%, up 17.79% comparing with the same period of last year and account for 12.97%, 12.29%, 12.21%, 8.39%, 4.71% of UNITED STATES's total imports and exports.
During the current year until 202204, 27, 84, 85, 87, 90 were UNITED STATES's top five traded commodities, with total import and export values of 112109.0006 million, 73125.4784 million, 64261.3666 million, 42382.1296 million, 31943.1559 million. These values correspond to 17.23%, 11.24%, 9.88%, 6.51%, 4.91% of UNITED STATES's total exports and, respectively, were up 69.51%, up 8.24%, up 7.98%, up 2.40%, up 7.78% comparing to the same period of last year.
During the current year until 202204, 84, 85, 87, 27, 30 were UNITED STATES's top five traded commodities, with total import values of 147828.2400 million, 145097.9356 million, 100578.1811 million, 95930.5864 million, 52841.6051 million. These values correspond to 14.04%, 13.78%, 9.56%, 9.11%, 5.02% of UNITED STATES's total exports and, respectively, were up 15.13%, up 20.37%, up 7.93%, up 69.85%, up 9.75% comparing to the same period of last year.
2. Current year until 202204, UNITED STATES binational trade profile
According to Dalian Infobank, during the current year until 202204, UNITED STATES-China binational exports and imports of goods amounted to 226898.5370 million and were up 14.87% comparing with the same period of last year. Among these, exports from UNITED STATES to China were 47645.9724 million and up 2.30%, imports from China to UNITED STATES were 179252.5646 million and up 18.74%. The total binational trade deficit was 131606.5922 million and up 26.08%.
During the urrent year until 202204, 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 50628.5521 million, 40707.6205 million, 10757.1403 million, 10440.7855 million, 9915.3945 million and makes up 22.31%, 17.94%, 4.74%, 4.60%, 4.37% of the total binational imports and exports. These values were also up 14.88%, up 1.41%, up 19.08%, down 1.33%, up 13.74% comparing to the same period last year.
During the current year until 202204, 85, 84, 12, 27, 90 were the top five traded commodities exported to China from UNITED STATES, with export values of 5296.3988 million, 5048.8789 million, 4957.7173 million, 3908.6255 million, 3443.1430 million. These values account for 11.12%, 10.60%, 10.41%, 8.20%, 7.23% of UNITED STATES's total exports and were down 18.09%, down 8.64%, up 30.01%, down 5.67%, up 3.31% comparing to the same period of last year.
During the current year until 202204, 85, 84, 95, 94, 39 were UNITED STATES's top five traded commodities importing from China , with import values of 45332.1533 million, 35658.7416 million, 10716.5326 million, 9870.7584 million, 8289.8442 million. These values account for 25.29%, 19.89%, 5.98%, 5.51%, 4.62% of UNITED STATES's total imports and were up 20.55%, up 3.01%, up 19.14%, up 13.91%, down 2.82% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: U.S. Census Bureau