Exports In 2020, United States exported $47.6B in Cars, making it the 3rd largest exporter of Cars in the world. At the same year, Cars was the 3rd most exported product in United States. The main destination of Cars exports from United States are: Canada ($10.6B), Germany ($6.46B), China ($6.24B), Belgium ($2.45B), and South Korea ($2.39B).
The fastest growing export markets for Cars of United States between 2019 and 2020 were Nigeria ($1.54B), South Korea ($537M), and Chinese Taipei ($137M).
Imports In 2020, United States imported $144B in Cars, becoming the 1st largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in United States. United States imports Cars primarily from: Japan ($32.6B), Canada ($29.7B), Mexico ($29.1B), South Korea ($16.1B), and Germany ($15.1B).
The fastest growing import markets in Cars for United States between 2019 and 2020 were Slovakia ($427M), Sweden ($360M), and South Africa ($196M).
Tariffs In 2019, the average tariff for United States in Cars was 2.02%. The countries with the highest import tariffs for Cars were Burundi (Most Favoured Nation duty rate treatement, 2.5%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 2.5%), Algeria (Most Favoured Nation duty rate treatement, 2.5%), Egypt (Most Favoured Nation duty rate treatement, 2.5%), and Eritrea (Most Favoured Nation duty rate treatement, 2.5%).