Exporter Rank

23 / 50

Importer Rank

20 / 50

Trade Balance Rank

35 / 50
Note: USA Trade Online Data 1 (2017) are used for computing ranks.

Total Trade [1]

Total Exports (2017) (Origin of Movement) $20,691,899,142
Total Imports (2017) $29,679,570,586
Trade Balance (2017) -$8,987,671,444

Impact of Trade [2]

Total Export-Supported Jobs Related to Manufacturing88,844 (2016)
No. of Businesses Selling Products Overseas8,266 (2015)
Percentage of Exporters Classified as Small and Medium-size Companies87% (2015)
Percentage of Exports by Small and Medium-size Companies29% (2015)

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Canada $4,304,224,366
Mexico $2,434,004,366
China $1,987,479,739
Japan $1,357,287,108
Germany $886,429,319
Korea, South $857,200,946
Belgium $660,581,116
United Kingdom $589,813,615
Singapore $561,884,715
Netherlands $501,969,942

Import Partners

Top 10 Import Countries

Country Import USD$
China $11,154,270,836
Canada $9,524,808,998
Mexico $1,988,244,480
Germany $946,211,908
Ireland $669,350,160
Taiwan $660,618,972
Japan $441,399,291
Italy $413,283,620
United Kingdom $354,870,119
Costa Rica $299,180,132

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

Top 10 Export Goods

HS Code Export USD$
(90) Precision Instruments $3,803,961,337
(84) Industrial Machinery $3,256,160,146
(85) Electrical Machinery $2,782,386,228
(87) Motor Vehicles & Parts $1,392,549,789
(39) Plastics $1,356,129,829
(88) Aircraft $606,785,595
(23) Animal Feeds $531,011,658
(30) Pharmaceuticals $429,383,405
(02) Meat $372,282,146
(26) Ores $367,009,164

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $5,859,681,434
(85) Electrical Machinery $4,079,280,455
(84) Industrial Machinery $3,024,127,526
(90) Precision Instruments $2,403,865,196
(95) Toys & Sport Equipment $2,009,084,485
(94) Furniture $1,309,146,129
(87) Motor Vehicles & Parts $1,096,245,235
(39) Plastics $884,489,808
(98) Nesoi $716,984,760
(73) Iron & Steel Articles $648,087,280

Sources

  1. USA Trade Online (2017).
  2. International Trade Administration (Accessed on November 1, 2018)
Minnesota