What Are America’S Top 3 Exports?

Also shown is the percentage share each export category represents in terms of overall exports from the United States.

  • Mineral fuels including oil: US$239.8 billion (13.7% of total exports)
  • Machinery including computers: $209.3 billion (11.9%)
  • Electrical machinery, equipment: $185.4 billion (10.6%)

What are the top 3 exports of the United States 2022?

As such, it should come as no surprise that the top three US exports in Q1 2022 were oil, gasoline (refined petroleum), and LNG (coupled with other gases). Accounting for a robust $40 billion, oil leads the list by roughly $7 billion.

What are the top 3 imports of the United States?

What Are the Major U.S. Imports?

  • Machinery (including computers and hardware) – $386.4 billion.
  • Electrical machinery – $367.1 billion.
  • Vehicles and automobiles – $306.7 billion.
  • Minerals, fuels, and oil – $241.4 billion.
  • Pharmaceuticals – $116.3 billion.
  • Medical equipment and supplies – $93.4 billion.

What are US major exports?

United StatesMajor exports

What are the US’s top 10 exports?

The 10 Biggest Exporting Industries in the US

  • Oil Drilling & Gas Extraction in the US.
  • Petroleum Refining in the US.
  • Aircraft, Engine & Parts Manufacturing in the US.
  • Natural Gas Liquid Processing.
  • Brand Name Pharmaceutical Manufacturing in the US.
  • Organic Chemical Manufacturing in the US.

What is US number 1 export?

Searchable List of America’s Most Valuable Export Products

Rank US Export Product YOY
1 Processed petroleum oils +46.9%
2 Crude oil +40.1%
3 Petroleum gases +104%
4 Cars +19%

What are the 3 major exports?

According to the most recent data from CIA Factbook, the following are the United States’ top exports:

  • Refined Petroleum: $84.9 billion.
  • Crude Petroleum: $61.9 billion.
  • Cars: $56.9 billion.
  • Integrated Circuits: $41.4 billion.
  • Vehicle Parts: $41.2 billion.

What US buys from Russia?

United States Imports from Russia Value Year
Pearls, precious stones, metals, coins $2.98B 2021
Iron and steel $2.77B 2021
Fertilizers $1.28B 2021
Fish, crustaceans, molluscs, aquatics invertebrates $1.21B 2021

What is China’s biggest export?

Trade In September 2022, the top exports of China were Telephones ($27.6B), Computers ($15.7B), Integrated Circuits ($14.3B), Electric Batteries ($5.52B), and Refined Petroleum ($5.47B).

Where does the US get its oil?

The top five source countries of U.S. gross petroleum imports in 2021 were Canada, Mexico, Russia, Saudi Arabia, and Colombia. Note: Ranking in the table is based on gross imports by country of origin. Net import volumes in the table may not equal gross imports minus exports because of independent rounding of data.

What is US biggest import?

Top U.S. Imports
The largest U.S. import category is capital goods at $678 billion. 3 Businesses import $131 billion in computers and related equipment. They also import $117 billion in telecommunications and semiconductors. The consumer goods category is almost as large at $654 billion.

What is the US #1 import?

Searchable List of America’s Most Valuable Import Products

Rank US Import Product Change
1 Cars +1.6%
2 Crude oil +69.1%
3 Computers, optical readers +12.8%
4 Phone devices including smartphones +17.6%

Who is us biggest trading partner?

China
In 2021, China was the top trading partner of the United States based on import value. In that year, U.S. imports from China totaled to 506.4 billion U.S. dollars. Mexico, Canada, Germany, and Japan rounded out the top five trading partners for the U.S. based on import value in that year.

Who does the US import the most from?

The United States imports more than half of its total volume from five countries: China, Canada, Mexico, Japan, and Germany. Although the United States can manufacture goods it imports, these exporting countries have comparative advantages.

What food does the US export?

Top 15 food and beverage exports from the United States

  • Soybeans. Soybeans are the largest food and beverage export from the United States.
  • Corn. Corn is another top export from the U.S., and the circumstances of the abundance of this crop are quite interesting.
  • Nuts.
  • Wheat.
  • Pork.
  • Poultry.
  • Oils.
  • Beef.

What does the US buy from Ukraine?

United States Imports from Ukraine Value Year
Iron and steel $1.02B 2021
Articles of iron or steel $138.31M 2021
Electrical, electronic equipment $99.38M 2021
Animal, vegetable fats and oils, cleavage products $88.93M 2021

Does Russia sell anything to the US?

Russia’s big export to the U.S. is mineral fuels, estimated at $13 billion. Following that, the USTR lists precious metal and stone ($2.2 billion), iron and steel ($1.4 billion), fertilizers ($963 million) and inorganic chemicals ($763 million).

What does Ukraine provide to the US?

The top goods of Ukrainian exports to the USA in 2021 were: ferrous metals (56.2%) and articles (8.7%); ore, slag and ash (4.6%); fats and oils of animal origin (3.8%); electrical machinery (3.7%).

What is Russia main export?

mineral fuels and oils
Russia exported its mineral fuels and oils worth approximately 212.42 billion U.S. dollars, which was the highest export value among all other commodities in 2021. The second largest export commodities were pearls, stones, and other precious metals with a value of nearly 32 billion U.S. dollars in the period observed.

What does China buy from the US?

Aircraft, soybeans, motor vehicles and microchips are top U.S. exports to China. Since 2001, the share of these exports going to China has increased sharply. Soybeans and motor vehicles are targets of recent Chinese tariffs. Production of these two exports is geographically concentrated.

What would happen if the US stopped trading with China?

If the U.S. is forced to sell half of its direct investments in China, that would cost American investors $25 billion a year in capital gains and up to $500 billion in GDP losses, the report said. U.S. businesses risk losing global competitiveness if sweeping policies force separation from China, the report said.