1. Overview the trade of UNITED STATES in goods current year until 202212
According to Dalian Infobank, in 202212, UNITED STATES's exports and imports of goods amounted to 421955.5920 million, and were up 1.09% comparing with the same period of last year. Among these, exports were up 5.84% at 168820.0329 million, and imports were down 1.84% at 253135.5591 million. And the corresponding trade deficit was 84315.5261 million and down 14.29%.
During the current year until 202212, UNITED STATES's total exports and imports of goods were 5309368.8494 million and were up 15.79% comparing to the same period of last year. Among these, exports were 2062937.2609 million and up 17.59%; imports were 3246431.5885 million and up 14.67%. The total trade deficit was 1183494.3275 million and up 9.91%.
If considering by country (region), CANADA, MEXICO, CHINA, JAPAN, GERMANY were UNITED STATES's top five trading partners. During the current year until 202212, UNITED STATES's imports and exports to five countries/territories were 792722.4590 million, 779307.8145 million, 690591.1828 million, 228647.0409 million, 219530.3490 million. These values correspond to 14.93%, 14.68%, 13.01%, 4.31%, 4.13% of UNITED STATES's imports and exports, and, respectively, were up 19.11%, up 17.87%, up 5.21%, up 9.18%, up 9.47% comparing to the same period of last year.
Current year until 202212, 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 202212, UNITED STATES's exports to these five countries/territories were 354993.5014 million, 324377.8633 million, 153837.0911 million, 80317.1456 million, 77300.9379 million. These values correspond to 17.21%, 15.72%, 7.46%, 3.89%, 3.75% of UNITED STATES's exports and, respectively, were up 15.35%, up 17.32%, up 1.58%, up 7.71%, up 25.85% comparing with the same period of last year.
Current year until 202212, 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 202212, UNITED STATES's imports from these five countries/territories were 536754.0917 million, 454929.9512 million, 437728.9576 million, 148329.8953 million, 146608.0188 million. These values correspond to 16.53%, 14.01%, 13.48%, 4.57%, 4.52% of UNITED STATES's total imports and, respectively, were up 6.30%, up 18.27%, up 22.34%, up 9.99%, up 8.43% comparing with the same period of last year.
During the current year until 202212, the trade surplus of UNITED STATES was mainly from NETHERLANDS, HONG KONG, BRAZIL, SINGAPORE, AUSTRALIA at 38323.7833 million, 21053.5171 million, 14550.8135 million, 14538.3076 million, 14008.1286 million, and up 113.21%, down 18.33%, down 7.15%, up 151.52%, up 0.15%. And the trade deficits were mainly from CHINA, MEXICO, VIETNAM, CANADA, GERMANY at 382917.0006 million, 130552.0879 million, 116123.1299 million, 82735.4562 million, 73685.6887 million, and up 8.32%, up 20.71%, up 27.77%, up 65.37%, up 5.44%.
Current year until 202212, UNITED STATES's trade surplus or deficit with top five countries/territories During the current year until 202212, commodities with hs2 codes, 84, 27, 85, 87, 30, were UNITED STATES's top five traded commodities. They correspond to the import and export values of 691596.9979 million, 689603.6803 million, 663387.4694 million, 457136.9712 million, 247544.6595 million, which were up 10.55%, up 51.05%, up 12.12%, up 14.30%, up 9.31% comparing with the same period of last year and account for 13.03%, 12.99%, 12.49%, 8.61%, 4.66% of UNITED STATES's total imports and exports.
During the current year until 202212, 27, 84, 85, 87, 88 were UNITED STATES's top five traded commodities, with total import and export values of 378564.3120 million, 229594.0648 million, 197748.9966 million, 134886.2487 million, 102849.5399 million. These values correspond to 18.35%, 11.13%, 9.59%, 6.54%, 4.99% of UNITED STATES's total exports and, respectively, were up 57.51%, up 9.64%, up 6.44%, up 9.82%, up 14.89% comparing to the same period of last year.
During the current year until 202212, 85, 84, 87, 27, 30 were UNITED STATES's top five traded commodities, with total import values of 465638.4728 million, 462002.9331 million, 322250.7224 million, 311039.3682 million, 164051.9049 million. These values correspond to 14.34%, 14.23%, 9.93%, 9.58%, 5.05% of UNITED STATES's total exports and, respectively, were up 14.71%, up 11.00%, up 16.29%, up 43.88%, up 10.38% comparing to the same period of last year.
2. Current year until 202212, UNITED STATES binational trade profile
According to Dalian Infobank, during the current year until 202212, UNITED STATES-China binational exports and imports of goods amounted to 690591.1828 million and were up 5.21% comparing with the same period of last year. Among these, exports from UNITED STATES to China were 153837.0911 million and up 1.58%, imports from China to UNITED STATES were 536754.0917 million and up 6.30%. The total binational trade deficit was 382917.0006 million and up 8.32%.
During the urrent year until 202212, 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 157023.5641 million, 122816.3586 million, 39648.4905 million, 29989.8701 million, 25444.0812 million and makes up 22.74%, 17.78%, 5.74%, 4.34%, 3.68% of the total binational imports and exports. These values were also up 4.85%, down 3.65%, up 6.01%, down 0.91%, down 7.23% comparing to the same period last year.
During the current year until 202212, 12, 85, 84, 27, 90 were the top five traded commodities exported to China from UNITED STATES, with export values of 18878.7266 million, 16005.1356 million, 14915.5682 million, 13472.6768 million, 10931.5077 million. These values account for 12.27%, 10.40%, 9.70%, 8.76%, 7.11% of UNITED STATES's total exports and were up 25.28%, down 17.60%, down 10.68%, down 14.82%, up 1.80% comparing to the same period of last year.
During the current year until 202212, 85, 84, 95, 94, 39 were UNITED STATES's top five traded commodities importing from China , with import values of 141018.4285 million, 107900.7904 million, 39509.8719 million, 25307.4312 million, 22976.9060 million. These values account for 26.27%, 20.10%, 7.36%, 4.71%, 4.28% of UNITED STATES's total imports and were up 8.19%, down 2.59%, up 5.96%, down 7.16%, down 4.07% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: U.S. Census Bureau