Massachusetts: Trade Statistics
Exporter Rank
17 / 50
Importer Rank
17 / 50
Trade Balance Rank
35 / 50
Total Trade [1]
| Total Exports (2020) (Origin of Movement) | $24,893,023,899 |
| Total Imports (2020) | $35,029,423,711 |
| Trade Balance (2020) | -$10,136,399,812 |
Impact of Trade [2]
| Total Export-Supported Jobs Related to Manufacturing | 113,181 (2016) |
| No. of Businesses Selling Products Overseas | 8,662 (2016) |
| Percentage of Exporters Classified as Small and Medium-size Companies | 89% (2016) |
| Percentage of Exports by Small and Medium-size Companies | 35% (2016) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Canada | $2,769,225,350 |
| China | $2,670,839,590 |
| United Kingdom | $2,285,458,456 |
| Mexico | $2,054,648,034 |
| Germany | $2,002,715,578 |
| Japan | $1,439,209,030 |
| Korea, South | $1,277,818,672 |
| Netherlands | $1,220,026,302 |
| France | $718,005,927 |
| Taiwan | $664,690,531 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| Canada | $7,802,439,674 |
| China | $3,625,023,251 |
| Mexico | $3,469,058,154 |
| Germany | $2,202,248,327 |
| Ireland | $1,906,901,807 |
| United Kingdom | $1,727,004,029 |
| Japan | $1,690,048,362 |
| Switzerland | $1,127,140,813 |
| Italy | $844,531,437 |
| France | $762,297,593 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (90) Precision Instruments | $5,602,787,653 |
| (84) Industrial Machinery | $5,148,130,461 |
| (85) Electrical Machinery | $3,718,720,859 |
| (71) Precious Stones & Metals | $2,569,450,646 |
| (30) Pharmaceuticals | $1,276,501,360 |
| (39) Plastics | $1,125,209,060 |
| (38) Chemical Products | $823,972,148 |
| (88) Aircraft | $418,886,668 |
| (72) Iron & Steel | $351,608,480 |
| (48) Paper | $315,338,108 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (90) Precision Instruments | $5,328,288,965 |
| (85) Electrical Machinery | $4,622,734,979 |
| (84) Industrial Machinery | $3,535,335,270 |
| (71) Precious Stones & Metals | $2,844,746,127 |
| (27) Oil & Mineral Fuels | $2,455,542,977 |
| (03) Seafood | $2,085,445,209 |
| (98) Nesoi | $1,754,874,319 |
| (87) Motor Vehicles & Parts | $1,083,652,855 |
| (39) Plastics | $1,043,858,700 |
| (30) Pharmaceuticals | $728,316,872 |
Sources
Massachusetts