1.  Overview the trade of UNITED STATES in goods current year until 202301

According to Dalian Infobank, in 202301, UNITED STATES's exports and imports of goods amounted to 419836.5016 million, and were up 6.16% comparing with the same period of last year. Among these, exports were up 12.31% at 165486.1685 million, and imports were up 2.51% at 254350.3330 million. And the corresponding trade deficit was 88864.1645 million and down 11.82%.

During the current year until 202301, UNITED STATES's total exports and imports of goods were 419836.5016 million and were up 6.16% comparing to the same period of last year. Among these, exports were 165486.1685 million and up 12.31%; imports were 254350.3330 million and up 2.51%. The total trade deficit was 88864.1645 million and down 11.82%.

If considering by country (region), MEXICO, CANADA, CHINA, GERMANY, JAPAN were UNITED STATES's top five trading partners. During the current year until 202301, UNITED STATES's imports and exports to five countries/territories were 63935.9646 million, 61847.3873 million, 51345.4230 million, 20000.8012 million, 17117.1556 million. These values correspond to 15.23%, 14.73%, 12.23%, 4.76%, 4.08% of UNITED STATES's imports and exports, and, respectively, were up 12.30%, up 8.94%, down 13.45%, up 30.17%, down 4.82% comparing to the same period of last year.

Current year until 202301, UNITED STATES and the top five trade partners CANADA, MEXICO, CHINA, UNITED KINGDOM, GERMANY are the top five countries/territories that UNITED STATES exports to in terms of the total export amount. During the current year until 202301, UNITED STATES's exports to these five countries/territories were 27387.5449 million, 26948.4011 million, 13092.5625 million, 7278.7416 million, 6494.5293 million. These values correspond to 16.55%, 16.28%, 7.91%, 4.40%, 3.92% of UNITED STATES's exports and, respectively, were up 11.50%, up 13.81%, up 14.09%, up 35.10%, up 22.32% comparing with the same period of last year.

Current year until 202301, UNITED STATES's exports to top five countries/territories CHINA, MEXICO, CANADA, GERMANY, JAPAN are the top five countries/territories that UNITED STATES imports from in terms of the total export amount. During the current year until 202301, UNITED STATES's imports from these five countries/territories were 38252.8605 million, 36987.5635 million, 34459.8424 million, 13506.2718 million, 11027.8844 million. These values correspond to 15.04%, 14.54%, 13.55%, 5.31%, 4.34% of UNITED STATES's total imports and, respectively, were down 20.05%, up 11.22%, up 6.99%, up 34.31%, down 8.53% comparing with the same period of last year.

During the current year until 202301, the trade surplus of UNITED STATES was mainly from NETHERLANDS, UNITED KINGDOM, BELGIUM, UNITED ARAB EMIRATES, HONG KONG CN at 3198.2124 million, 2743.7759 million, 1734.0392 million, 1346.3250 million, 1312.6866 million, and up 78.30%, up 97.68%, up 50.12%, up 19.27%, down 23.11%. And the trade deficits were mainly from CHINA, MEXICO, VIETNAM, CANADA, GERMANY at 25160.2980 million, 10039.1625 million, 8493.5182 million, 7072.2976 million, 7011.7425 million, and down 30.82%, up 4.80%, down 6.96%, down 7.50%, up 47.73%.

Current year until 202301, UNITED STATES's trade surplus or deficit with top five countries/territories During the current year until 202301,  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 54897.7979 million, 53022.8832 million, 51046.7609 million, 39180.4788 million, 23353.2224 million, which were up 5.24%, up 2.83%, up 11.97%, up 22.15%, up 25.56% comparing with the same period of last year and account for 13.08%, 12.63%, 12.16%, 9.33%, 5.56% of UNITED STATES's total imports and exports.

During the current year until 202301, 27, 84, 85, 87, 88 were UNITED STATES's top five traded commodities, with total import and export values of 28343.4441 million, 18278.6803 million, 16267.1576 million, 10907.4474 million, 8337.6971 million. These values correspond to 17.13%, 11.05%, 9.83%, 6.59%, 5.04% of UNITED STATES's total exports and, respectively, were up 18.49%, up 9.14%, up 5.06%, up 26.87%, up 12.07% comparing to the same period of last year.

During the current year until 202301, 85, 84, 87, 27, 30 were UNITED STATES's top five traded commodities, with total import values of 38630.6403 million, 34744.2029 million, 28273.0314 million, 22703.3168 million, 15864.6866 million. These values correspond to 15.19%, 13.66%, 11.12%, 8.93%, 6.24% of UNITED STATES's total exports and, respectively, were up 5.32%, down 0.21%, up 20.42%, up 4.76%, up 25.75% comparing to the same period of last year.

2. Current year until 202301, UNITED STATES binational trade profile

According to Dalian Infobank, during the current year until 202301, UNITED STATES-China binational exports and imports of goods amounted to 51345.4230 million and were down 13.45% comparing with the same period of last year. Among these, exports from UNITED STATES to China were 13092.5625 million and up 14.09%, imports from China to UNITED STATES were 38252.8605 million and down 20.05%. The total binational trade deficit was 25160.2980 million and down 30.82%.

During the urrent year until 202301, commodities with hs2 code, 85, 84, 12, 95, 39, were binational trade's top five traded commodities. They correspond to import and export values of 12770.9881 million, 7790.3630 million, 3528.2791 million, 2403.0939 million, 2280.9075 million and makes up 24.87%, 15.17%, 6.87%, 4.68%, 4.44% of the total binational imports and exports. These values were also down 11.73%, down 24.00%, up 70.75%, down 16.95%, down 13.82% comparing to the same period last year.

During the current year until 202301, 12, 27, 85, 84, 30 were the top five traded commodities exported to China from UNITED STATES, with export values of 3511.6728 million, 1433.3209 million, 941.5835 million, 917.5684 million, 837.0210 million. These values account for 26.82%, 10.95%, 7.19%, 7.01%, 6.39% of UNITED STATES's total exports and were up 71.66%, up 64.33%, down 32.10%, down 20.04%, up 253.68% comparing to the same period of last year.

During the current year until 202301, 85, 84, 95, 94, 39 were UNITED STATES's top five traded commodities importing from China , with import values of 11829.4046 million, 6872.7946 million, 2391.9163 million, 1788.1691 million, 1629.9920 million. These values account for 30.92%, 17.97%, 6.25%, 4.67%, 4.26% of UNITED STATES's total imports and were down 9.57%, down 24.50%, down 17.04%, down 32.19%, down 23.49% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: U.S. Census Bureau