Massachusetts: Trade Statistics
Exporter Rank
24 / 50
Importer Rank
17 / 50
Trade Balance Rank
37 / 50
Total Trade [1]
| Total Exports (2021) (Origin of Movement) | $36,400,151,151 |
| Total Imports (2021) | $83,340,873,350 |
| Trade Balance (2021) | -$46,940,722,199 |
Impact of Trade [2]
| Total Export-Supported Jobs Related to Manufacturing | 113,181 (2016) |
| No. of Businesses Selling Products Overseas | 8,662 (2016) |
| Percentage of Exporters Classified as Small and Medium-size Companies | 89% (2016) |
| Percentage of Exports by Small and Medium-size Companies | 35% (2016) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Canada | $3,669,149,351 |
| China | $3,515,791,322 |
| Mexico | $2,794,089,011 |
| Germany | $1,939,211,574 |
| Netherlands | $1,674,455,573 |
| Japan | $1,637,437,422 |
| Korea, South | $1,584,324,551 |
| Belgium | $1,153,215,228 |
| United Kingdom | $1,118,212,780 |
| Taiwan | $1,041,006,485 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| Canada | $11,459,230,211 |
| Mexico | $4,318,418,316 |
| China | $4,288,571,858 |
| Germany | $2,701,087,337 |
| Ireland | $2,085,179,732 |
| Ukraine | $1,993,968,134 |
| Japan | $1,633,228,396 |
| Italy | $1,293,839,574 |
| Switzerland | $914,023,532 |
| Holy See (Vatican City) | $881,959,282 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (84) Industrial Machinery | $6,579,620,417 |
| (90) Precision Instruments | $6,519,550,379 |
| (85) Electrical Machinery | $5,312,076,571 |
| (30) Pharmaceuticals | $5,188,888,373 |
| (71) Precious Stones & Metals | $1,699,948,865 |
| (39) Plastics | $1,654,078,279 |
| (38) Chemical Products | $1,347,336,378 |
| (88) Aircraft | $772,303,867 |
| (29) Organic Chemicals | $770,529,852 |
| (72) Iron & Steel | $588,559,349 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (90) Precision Instruments | $11,799,938,634 |
| (85) Electrical Machinery | $10,703,132,552 |
| (84) Industrial Machinery | $8,232,678,694 |
| (27) Oil & Mineral Fuels | $8,163,948,408 |
| (71) Precious Stones & Metals | $4,696,883,418 |
| (98) Nesoi | $3,035,467,220 |
| (39) Plastics | $2,696,218,400 |
| (87) Motor Vehicles & Parts | $1,870,613,948 |
| (44) Wood | $1,624,642,188 |
| (29) Organic Chemicals | $1,613,641,618 |
Sources
Massachusetts