Overview: In November 2020 United States exported $127B and imported $213B, resulting in a negative trade balance of $85.8B. Between November 2019 and November 2020 the exports of United States have decreased by $-9.98B (-7.29%) from $137B to $127B, while imports increased by $14.1B (7.07%) from $199B to $213B.
Trade: In November 2020, the top exports of United States were Aircraft Parts ($5.63B), Cars ($5.03B), Soybeans ($4.72B), Refined Petroleum ($4.47B), and Commodities not elsewhere specified ($3.83B). In November 2020 the top imports of United States were Cars ($15B), Telephones ($12B), Computers ($9.9B), Commodities not elsewhere specified ($8.95B), and Packaged Medicaments ($6.55B).
Origins: In November 2020 the exports of United States were mainly from Texas ($23.6B), California ($14.2B), Louisiana ($6.29B), New York ($6.09B), and Illinois ($4.78B), while imports destinations were mainly California ($37B), Texas ($22.1B), Illinois ($16.4B), New York ($11.7B), and Michigan ($11.2B).
Destinations: In November 2020, United States exported mostly to Canada ($22.6B), Mexico ($19.3B), China ($14.2B), United Kingdom ($5.37B), and Japan ($5.04B), and imported mostly from China ($44.9B), Mexico ($29.9B), Canada ($24.1B), Japan ($11.8B), and Germany ($9.86B).
Growth: In November 2020, the decrease in United States's year-by-year exports was explained primarily by an decrease in exports to Mexico ($-1.6B or -7.67%), Canada ($-1.17B or -4.92%), and France ($-1.05B or -35.2%), and product exports decrease in Aircraft Parts ($-4.96B or -46.8%), Refined Petroleum ($-3.02B or -40.3%), and Crude Petroleum ($-2.05B or -37.7%). In November 2020, the increase in United States's year-by-year imports was explained primarily by an increase in imports from China ($8.39B or 23%), Vietnam ($2.37B or 43%), and Switzerland ($1.02B or 25.8%), and product imports increase in Telephones ($2.04B or 20.4%), Computers ($1.83B or 22.7%), and Video and Card Games ($866M or 152%).