Overview In July 2021 United States exported $144B and imported $238B, resulting in a negative trade balance of $93.7B. Between July 2020 and July 2021 the exports of United States have increased by $31.4B (27.9%) from $113B to $144B, while imports increased by $37B (18.4%) from $201B to $238B.
Trade In July 2021, the top exports of United States were Refined Petroleum ($7.91B), Aircraft Parts ($7.41B), Crude Petroleum ($5.69B), Petroleum Gas ($5.35B), and Integrated Circuits ($4.74B). In July 2021 the top imports of United States were Crude Petroleum ($12.4B), Cars ($12.2B), Computers ($10.3B), Commodities not elsewhere specified ($9.8B), and Telephones ($7.73B).
Origins In July 2021 the exports of United States were mainly from Texas ($32.3B), California ($14.9B), New York ($6.04B), Louisiana ($5.58B), and Illinois ($5.44B), while imports destinations were mainly California ($40.1B), Texas ($27.2B), Illinois ($17.2B), New York ($12.8B), and New Jersey ($12.7B).
Destinations In July 2021, United States exported mostly to Canada ($25.7B), Mexico ($23.7B), China ($11.7B), Japan ($6.01B), and South Korea ($5.9B), and imported mostly from China ($40.4B), Mexico ($31.9B), Canada ($30B), Japan ($12.3B), and Germany ($11.3B).
Growth In July 2021, the increase in United States's year-by-year exports was explained primarily by an increase in exports to Mexico ($5.21B or 28.3%), Canada ($4.64B or 22%), and China ($2.68B or 29.7%), and product exports increase in Refined Petroleum ($3.5B or 79.4%), Petroleum Gas ($3.19B or 148%), and Aircraft Parts ($2.4B or 48%). In July 2021, the increase in United States's year-by-year imports was explained primarily by an increase in imports from Canada ($7.64B or 34.2%), Japan ($3.84B or 45.5%), and Mexico ($2.82B or 9.7%), and product imports increase in Crude Petroleum ($6.67B or 117%), Refined Petroleum ($2.96B or 106%), and Blood, antisera, vaccines, toxins and cultures ($1.72B or 53.6%).