Overview: In April 2020 United States exported $95.4B and imported $164B, resulting in a negative trade balance of $69.1B. Between April 2019 and April 2020 the exports of United States have decreased by $-39.3B (-29.2%) from $135B to $95.4B, while imports decreased by $-43.8B (-21%) from $208B to $164B.
Trade: In April 2020 the top exports of United States were Refined Petroleum ($4.48B), Aircraft Parts ($4.44B), Integrated Circuits ($3.75B), Crude Petroleum ($3.07B), and Commodities not elsewhere specified ($3B). In April 2020 the top imports of United States were Computers ($7.99B), Packaged Medicaments ($7.61B), Commodities not elsewhere specified ($7.44B), Gold ($7.21B), and Cars ($6.46B).
Origins: In April 2020 the exports of United States were mainly from Texas ($18.8B), California ($10.4B), Louisiana ($4.11B), Illinois ($3.65B), and New York ($3.61B), while imports destinations were mainly California ($26.6B), Texas ($16.4B), New York ($16B), Illinois ($11.7B), and New Jersey ($7.67B).
Destinations: In April 2020 United States exported mostly to Canada ($14.8B), Mexico ($12.5B), China ($8.6B), Japan ($5.47B), and South Korea ($4.12B), and imported mostly from China ($31.1B), Mexico ($15.8B), Canada ($15B), Japan ($9.67B), and Germany ($8.44B).
Growth: In April 2020, the decrease in United States's year-by-year exports was explained primarily by a decrease in exports to Canada ($-10.4B or -41.3%), Mexico ($-9.69B or -43.6%), and India ($-1.95B or -60.8%), and product exports decrease in Aircraft Parts ($-5.27B or -54.3%), Cars ($-2.84B or -65.7%), and Refined Petroleum ($-2.76B or -38.2%). In April 2020, the decrease in United States's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-14.6B or -47.9%), Canada ($-11.8B or -44%), and China ($-3.73B or -10.7%), and product imports decrease in Cars ($-7.94B or -55.2%), Crude Petroleum ($-7.69B or -65.3%), and Refined Petroleum ($-3.95B or -69.3%).