Exporter Rank

27 / 50

Importer Rank

36 / 50

Trade Balance Rank

4 / 50
Note: USA Trade Online Data 1 (2016) are used for computing ranks.

Total Trade [1]

Total Exports (2016) (Origin of Movement) $12,129,265,542
Total Imports (2016) $8,245,389,687
Trade Balance (2016) $3,883,875,855

Impact of Trade [2]

Total Export-Supported Jobs Related to Manufacturing64,252 (2016)
No. of Businesses Selling Products Overseas3,374 (2016)
Percentage of Exporters Classified as Small and Medium-size Companies83% (2016)
Percentage of Exports by Small and Medium-size Companies20% (2016)

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Canada $3,351,130,488
Mexico $2,306,101,694
Japan $1,103,479,060
China $490,204,521
Germany $432,528,774
Australia $295,451,686
France $275,942,409
Korea, South $266,775,121
Brazil $251,859,862
United Kingdom $243,750,095

Import Partners

Top 10 Import Countries

Country Import USD$
Canada $2,459,259,457
China $1,397,855,414
Mexico $1,152,108,433
Germany $568,390,131
Japan $466,700,743
Italy $243,908,113
India $204,891,312
Taiwan $165,965,282
France $148,684,710
United Kingdom $136,415,654

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(84) Industrial Machinery $1,740,627,173
(02) Meat $1,338,433,835
(10) Cereals $1,286,248,365
(87) Motor Vehicles & Parts $1,239,565,114
(23) Animal Feeds $940,609,245
(38) Chemical Products $577,824,839
(85) Electrical Machinery $567,130,298
(12) Oil Seeds $316,070,347
(29) Organic Chemicals $306,996,712
(90) Precision Instruments $301,271,235

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $1,950,349,310
(85) Electrical Machinery $715,688,528
(87) Motor Vehicles & Parts $618,025,634
(29) Organic Chemicals $543,022,320
(94) Furniture $285,279,423
(76) Aluminum $279,282,270
(98) Nesoi $274,202,252
(27) Oil & Mineral Fuels $272,469,982
(90) Precision Instruments $246,890,622
(39) Plastics $245,255,135

Sources

  1. USA Trade Online (2016).
  2. International Trade Administration
Iowa