Overview In August 2021 United States exported $148B and imported $246B, resulting in a negative trade balance of $97.7B. Between August 2020 and August 2021 the exports of United States have increased by $30B (25.4%) from $118B to $148B, while imports increased by $42.3B (20.8%) from $204B to $246B.
Trade In August 2021, the top exports of United States were Refined Petroleum ($8.1B), Aircraft Parts ($6.95B), Crude Petroleum ($6.32B), Petroleum Gas ($5.61B), and Cars ($4.56B). In August 2021 the top imports of United States were Crude Petroleum ($12.7B), Cars ($11.6B), Commodities not elsewhere specified ($9.53B), Computers ($8.98B), and Packaged Medicaments ($7.94B).
Origins In August 2021 the exports of United States were mainly from Texas ($33.3B), California ($14.9B), New York ($7.99B), Louisiana ($5.73B), and Illinois ($5.32B), while imports destinations were mainly California ($41B), Texas ($26.6B), Illinois ($17.5B), New Jersey ($14.1B), and New York ($12.7B).
Destinations In August 2021, United States exported mostly to Canada ($25.7B), Mexico ($24.2B), China ($11.3B), Japan ($6.11B), and Germany ($5.58B), and imported mostly from China ($43B), Mexico ($32.1B), Canada ($31.1B), Japan ($12.4B), and Germany ($12.2B).
Growth In August 2021, the increase in United States's year-by-year exports was explained primarily by an increase in exports to Mexico ($7.13B or 41.8%), Canada ($2.91B or 12.7%), and Brazil ($2.09B or 74.6%), and product exports increase in Refined Petroleum ($3.31B or 69.1%), Petroleum Gas ($3.26B or 139%), and Crude Petroleum ($2.12B or 50.4%). In August 2021, the increase in United States's year-by-year imports was explained primarily by an increase in imports from Canada ($7.31B or 30.8%), Japan ($2.64B or 27.1%), and Germany ($2.45B or 25%), and product imports increase in Crude Petroleum ($6.32B or 99.3%), Refined Petroleum ($2.89B or 98.1%), and Packaged Medicaments ($1.31B or 19.8%).