Overview In June 2024 United States exported $174B and imported $266B, resulting in a negative trade balance of $91.2B. Between June 2023 and June 2024 the exports of United States have increased by $7.13B (4.26%) from $167B to $174B, while imports increased by $7.45B (2.89%) from $258B to $266B.
Trade In June 2024, the top exports of United States were Aircraft Parts ($11.3B), Refined Petroleum ($10.3B), Crude Petroleum ($10.3B), Commodities not elsewhere specified ($5.76B), and Cars ($5.46B). In June 2024 the top imports of United States were Cars ($18.5B), Crude Petroleum ($14.6B), Computers ($12.4B), Commodities not elsewhere specified ($10.4B), and Telephones ($8.49B).
Origins In June 2024 the exports of United States were mainly from Texas ($37.6B), California ($15.8B), New York ($7.52B), Louisiana ($6.8B), and Illinois ($6.56B), while imports destinations were mainly California ($42.1B), Texas ($34.3B), Illinois ($17B), Michigan ($14.1B), and New Jersey ($12.5B).
Destinations In June 2024, United States exported mostly to Canada ($29.9B), Mexico ($27.7B), China ($11.3B), Netherlands ($7.69B), and Japan ($7.55B), and imported mostly from Mexico ($42.2B), Canada ($34.4B), China ($34.1B), Germany ($13B), and Japan ($11.7B).
Growth In June 2024, the increase in United States's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($1.65B or 32.3%), Japan ($1.41B or 23.1%), and China ($1.1B or 10.7%), and product exports increase in Crude Petroleum ($1.96B or 23.6%), Refined Petroleum ($1.62B or 18.6%), and Computers ($1.36B or 52.4%). In June 2024, the increase in United States's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($3.1B or 45.9%), Vietnam ($2.24B or 24.3%), and Mexico ($1.14B or 2.79%), and product imports increase in Computers ($3.67B or 41.8%), Vaccines, blood, antisera, toxins and cultures ($1.84B or 28%), and Crude Petroleum ($1.78B or 13.9%).
