Overview In September 2023 United States exported $171B and imported $261B, resulting in a negative trade balance of $90B. Between September 2022 and September 2023 the exports of United States have decreased by $-4.78B (-2.71%) from $176B to $171B, while imports decreased by $-14.1B (-5.13%) from $275B to $261B.
Trade In September 2023, the top exports of United States were Crude Petroleum ($10.7B), Aircraft Parts ($10.4B), Refined Petroleum ($9.47B), Commodities not elsewhere specified ($5.8B), and Cars ($5.52B). In September 2023 the top imports of United States were Cars ($17.9B), Crude Petroleum ($14.8B), Telephones ($12.4B), Commodities not elsewhere specified ($10.4B), and Computers ($8.45B).
Origins In September 2023 the exports of United States were mainly from Texas ($37.4B), California ($15B), New York ($9.42B), Louisiana ($7.46B), and Illinois ($6.23B), while imports destinations were mainly California ($40.3B), Texas ($31.9B), Illinois ($19.1B), Michigan ($15.1B), and New York ($12.2B).
Destinations In September 2023, United States exported mostly to Canada ($29.7B), Mexico ($27.6B), China ($11.8B), Germany ($6.74B), and Japan ($6.72B), and imported mostly from China ($40.3B), Mexico ($39.5B), Canada ($35B), Japan ($12.7B), and Germany ($12.6B).
Growth In September 2023, the decrease in United States's year-by-year exports was explained primarily by an decrease in exports to Switzerland ($-1.12B or -36.2%), Brazil ($-1.12B or -23.3%), and United Kingdom ($-1.07B or -15.2%), and product exports decrease in Petroleum Gas ($-4.08B or -45%), Refined Petroleum ($-2B or -17.4%), and Gold ($-1.51B or -36.6%). In September 2023, the decrease in United States's year-by-year imports was explained primarily by an decrease in imports from China ($-8.97B or -18.2%), Malaysia ($-1.24B or -24.9%), and Canada ($-1.03B or -2.85%), and product imports decrease in Computers ($-2.42B or -22.3%), Telephones ($-1.72B or -12.2%), and Crude Petroleum ($-1.43B or -8.81%).
