1. Overview the trade of UNITED STATES in goods current year until 202207
According to Dalian Infobank, in 202207, UNITED STATES's exports and imports of goods amounted to 446740.5684 million, and were up 16.98% comparing with the same period of last year. Among these, exports were up 21.87% at 175624.1683 million, and imports were up 14.01% at 271116.4001 million. And the corresponding trade deficit was 95492.2318 million and up 1.93%.
During the current year until 202207, UNITED STATES's total exports and imports of goods were 3081953.3557 million and were up 20.47% comparing to the same period of last year. Among these, exports were 1186729.1223 million and up 20.59%; imports were 1895224.2334 million and up 20.39%. The total trade deficit was 708495.1111 million and up 20.04%.
If considering by country (region), CANADA, MEXICO, CHINA, JAPAN, GERMANY were UNITED STATES's top five trading partners. During the current year until 202207, UNITED STATES's imports and exports to five countries/territories were 466682.2893 million, 449824.0038 million, 402319.3660 million, 132068.8046 million, 121299.0400 million. These values correspond to 15.14%, 14.60%, 13.05%, 4.29%, 3.94% of UNITED STATES's imports and exports, and, respectively, were up 25.31%, up 19.78%, up 14.03%, up 8.14%, up 6.41% comparing to the same period of last year.
Current year until 202207, 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 202207, UNITED STATES's exports to these five countries/territories were 206006.1804 million, 187953.3974 million, 83912.9274 million, 46372.8839 million, 42644.8110 million. These values correspond to 17.36%, 15.84%, 7.07%, 3.91%, 3.59% of UNITED STATES's exports and, respectively, were up 18.25%, up 19.57%, up 1.34%, up 8.44%, up 21.11% comparing with the same period of last year.
Current year until 202207, 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 202207, UNITED STATES's imports from these five countries/territories were 318406.4386 million, 261870.6064 million, 260676.1090 million, 85695.9208 million, 79576.6693 million. These values correspond to 16.80%, 13.82%, 13.75%, 4.52%, 4.20% of UNITED STATES's total imports and, respectively, were up 17.93%, up 19.93%, up 31.51%, up 7.98%, up 3.62% comparing with the same period of last year.
During the current year until 202207, the trade surplus of UNITED STATES was mainly from NETHERLANDS, HONG KONG, BRAZIL, SINGAPORE, AUSTRALIA at 18943.7088 million, 12047.2175 million, 9973.5475 million, 7923.6209 million, 7840.6071 million, and up 63.92%, down 21.90%, up 17.17%, up 131.40%, down 5.45%. And the trade deficits were mainly from CHINA, MEXICO, VIETNAM, CANADA, JAPAN at 234493.5111 million, 73917.2090 million, 67638.4726 million, 54669.9286 million, 39323.0369 million, and up 25.27%, up 20.86%, up 36.87%, up 127.81%, up 7.44%.
Current year until 202207, UNITED STATES's trade surplus or deficit with top five countries/territories During the current year until 202207, commodities with hs2 codes, 27, 84, 85, 87, 30, were UNITED STATES's top five traded commodities. They correspond to the import and export values of 407469.3879 million, 399157.9777 million, 373719.9738 million, 255456.9487 million, 140793.2903 million, which were up 70.65%, up 12.27%, up 15.30%, up 8.75%, up 15.03% comparing with the same period of last year and account for 13.22%, 12.95%, 12.13%, 8.29%, 4.57% of UNITED STATES's total imports and exports.
During the current year until 202207, 27, 84, 85, 87, 90 were UNITED STATES's top five traded commodities, with total import and export values of 218379.2919 million, 131115.7074 million, 113140.9327 million, 76633.3218 million, 56498.2571 million. These values correspond to 18.40%, 11.05%, 9.53%, 6.46%, 4.76% of UNITED STATES's total exports and, respectively, were up 74.83%, up 8.65%, up 6.45%, up 6.23%, up 7.24% comparing to the same period of last year.
During the current year until 202207, 84, 85, 27, 87, 30 were UNITED STATES's top five traded commodities, with total import values of 268042.2704 million, 260579.0411 million, 189090.0960 million, 178823.6269 million, 92434.2935 million. These values correspond to 14.14%, 13.75%, 9.98%, 9.44%, 4.88% of UNITED STATES's total exports and, respectively, were up 14.13%, up 19.61%, up 66.07%, up 9.87%, up 10.25% comparing to the same period of last year.
2. Current year until 202207, UNITED STATES binational trade profile
According to Dalian Infobank, during the current year until 202207, UNITED STATES-China binational exports and imports of goods amounted to 402319.3660 million and were up 14.03% comparing with the same period of last year. Among these, exports from UNITED STATES to China were 83912.9274 million and up 1.34%, imports from China to UNITED STATES were 318406.4386 million and up 17.93%. The total binational trade deficit was 234493.5111 million and up 25.27%.
During the urrent year until 202207, 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 88545.5568 million, 73974.1422 million, 21327.9662 million, 18318.9430 million, 16772.8053 million and makes up 22.01%, 18.39%, 5.30%, 4.55%, 4.17% of the total binational imports and exports. These values were also up 12.24%, up 2.12%, up 29.69%, up 2.32%, up 9.07% comparing to the same period last year.
During the current year until 202207, 85, 84, 27, 90, 12 were the top five traded commodities exported to China from UNITED STATES, with export values of 9469.3351 million, 9160.9279 million, 6916.4934 million, 6287.3746 million, 6023.1043 million. These values account for 11.28%, 10.92%, 8.24%, 7.49%, 7.18% of UNITED STATES's total exports and were down 21.12%, down 6.44%, down 12.19%, up 2.69%, up 46.75% comparing to the same period of last year.
During the current year until 202207, 85, 84, 95, 94, 39 were UNITED STATES's top five traded commodities importing from China , with import values of 79076.2217 million, 64813.2143 million, 21257.1721 million, 16693.2735 million, 14512.0605 million. These values account for 24.83%, 20.36%, 6.68%, 5.24%, 4.56% of UNITED STATES's total imports and were up 18.23%, up 3.46%, up 29.79%, up 9.23%, up 1.65% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: U.S. Census Bureau