Exporter Rank

28 / 50

Importer Rank

36 / 50

Trade Balance Rank

6 / 50
Note: USA Trade Online Data 1 (2018) are used for computing ranks.

Total Trade [1]

Total Exports (2018) (Origin of Movement) $14,377,073,207
Total Imports (2018) $10,734,707,907
Trade Balance (2018) $3,642,365,300

Impact of Trade [2]

Total Export-Supported Jobs Related to Manufacturing58,244 (2016)
No. of Businesses Selling Products Overseas3,221 (2015)
Percentage of Exporters Classified as Small and Medium-size Companies83% (2015)
Percentage of Exports by Small and Medium-size Companies19% (2015)

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Canada $4,283,004,156
Mexico $2,336,104,510
Japan $974,958,062
China $626,870,433
Germany $458,028,841
Brazil $414,656,193
Australia $412,205,368
Korea, South $388,347,055
Egypt $381,753,952
United Kingdom $333,313,417

Import Partners

Top 10 Import Countries

Country Import USD$
Canada $2,783,879,667
China $2,091,882,430
Mexico $1,705,528,976
Germany $789,500,903
Japan $528,632,157
Italy $332,157,888
India $271,060,119
Taiwan $247,596,890
United Kingdom $153,172,292
France $147,621,815

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

Top 10 Export Goods

HS Code Export USD$
(84) Industrial Machinery $2,459,232,044
(87) Motor Vehicles & Parts $1,775,567,971
(10) Cereals $1,543,241,665
(02) Meat $1,460,647,239
(23) Animal Feeds $1,006,091,097
(38) Chemical Products $680,304,981
(85) Electrical Machinery $605,216,525
(12) Oil Seeds $481,586,444
(88) Aircraft $319,654,233
(29) Organic Chemicals $293,894,243

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $2,862,625,974
(87) Motor Vehicles & Parts $1,060,858,794
(85) Electrical Machinery $1,023,901,412
(29) Organic Chemicals $779,608,328
(94) Furniture $419,564,599
(76) Aluminum $408,504,395
(73) Iron & Steel Articles $329,254,377
(98) Nesoi $320,655,106
(39) Plastics $268,822,684
(27) Oil & Mineral Fuels $256,964,980

Sources

  1. USA Trade Online (2018).
  2. International Trade Administration (Accessed on November 1, 2018)
Iowa