The United States is a major exporter of a wide range of goods and services, with a total value of exports exceeding $2.5 trillion in 2023. Here are some of the most exported goods from the USA, along with their share of total exports:
1. Industrial Machinery (13.3%):
- Aircraft and spacecraft (10.9%)
- Engines and motors (2.4%)
- Machinery and equipment (2.1%)
- Parts and accessories (1.9%)
2. Computers and Electronics (12.8%):
- Computers and office equipment (6.2%)
- Semiconductors and microelectronic devices (5.1%)
- Telecommunications equipment (1.5%)
3. Automotive Vehicles (12.2%):
- Cars (8.3%)
- Trucks (3.9%)
- Parts and accessories (0.9%)
4. Chemicals (11.4%):
- Pharmaceuticals (4.2%)
- Plastics (3.5%)
- Organic chemicals (2.3%)
- Inorganic chemicals (1.4%)
5. Agricultural Products (10.2%):
- Soybeans (3.8%)
- Corn (3.2%)
- Wheat (2.2%)
- Cotton (1.0%)
6. Petroleum (9.4%):
- Crude oil (5.8%)
- Refined petroleum products (3.6%)
7. Food and Beverages (8.3%):
- Meat (3.0%)
- Dairy products (2.1%)
- Processed foods (2.0%)
- Beverages (1.2%)
These goods are exported to countries all over the world, with Canada, Mexico, and China being the top destinations for US exports. The United States has a trade surplus with many countries, meaning it exports more goods and services than it imports. However, the US also has a trade deficit with some countries, particularly China.
It is important to note that the composition of US exports can change over time, as new industries emerge and existing ones decline. For example, the United States has become a major exporter of renewable energy products in recent years.