New Jersey: Trade Statistics
Exporter Rank
11 / 50
Importer Rank
6 / 50
Trade Balance Rank
47 / 50
Total Trade [1]
Total Exports (2020) (Origin of Movement) | $38,018,000,611 |
Total Imports (2020) | $114,904,509,206 |
Trade Balance (2020) | -$76,886,508,595 |
Impact of Trade [2]
Total Export-Supported Jobs Related to Manufacturing | 131,960 (2016) |
No. of Businesses Selling Products Overseas | 16,023 (2016) |
Percentage of Exporters Classified as Small and Medium-size Companies | 93% (2016) |
Percentage of Exports by Small and Medium-size Companies | 37% (2016) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
Country | Export USD$ |
---|---|
Canada | $7,245,108,250 |
United Kingdom | $3,281,315,758 |
China | $3,220,425,190 |
Mexico | $2,823,964,079 |
Japan | $1,965,122,286 |
Germany | $1,653,963,075 |
Italy | $1,589,483,605 |
Korea, South | $1,234,401,039 |
Netherlands | $1,220,657,193 |
France | $864,487,641 |
Import Partners
Top 10 Import Countries
Country | Import USD$ |
---|---|
China | $14,297,922,741 |
Switzerland | $7,723,492,678 |
India | $7,553,895,972 |
Italy | $7,057,117,864 |
Canada | $6,943,924,355 |
Germany | $6,248,908,110 |
United Kingdom | $5,457,674,321 |
Mexico | $5,222,379,858 |
France | $3,900,200,816 |
Russia | $2,780,170,907 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
HS Code | Export USD$ |
---|---|
(71) Precious Stones & Metals | $9,132,729,035 |
(84) Industrial Machinery | $3,395,520,889 |
(85) Electrical Machinery | $3,087,786,002 |
(90) Precision Instruments | $2,456,930,289 |
(33) Cosmetics | $2,161,861,177 |
(38) Chemical Products | $1,666,368,429 |
(39) Plastics | $1,554,475,724 |
(87) Motor Vehicles & Parts | $1,490,352,475 |
(29) Organic Chemicals | $1,270,563,299 |
(30) Pharmaceuticals | $1,236,289,789 |
Top 10 Import Goods
HS Code | Import USD$ |
---|---|
(30) Pharmaceuticals | $16,895,398,439 |
(27) Oil & Mineral Fuels | $11,179,266,810 |
(84) Industrial Machinery | $7,335,528,751 |
(85) Electrical Machinery | $7,055,471,018 |
(71) Precious Stones & Metals | $6,509,267,840 |
(87) Motor Vehicles & Parts | $6,487,192,385 |
(90) Precision Instruments | $4,934,406,480 |
(29) Organic Chemicals | $4,387,937,687 |
(39) Plastics | $3,117,421,321 |
(22) Beverages | $2,940,351,501 |
Sources
New Jersey