[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · USA · 2024
USA, Puerto Rico and US Virgin Islands trade profile
In 2024, USA, Puerto Rico and US Virgin Islands recorded $1.9T in merchandise exports and $3.2T in imports, producing a $1.3T trade deficit. Exports changed +1.2% from the previous year, while imports changed +5.7%.[1]
Exports
$1.9T
+1.2%
Imports
$3.2T
+5.7%
Trade balance
-$1.3T
deficit
Active partners
270
20 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$327.6B
HS 27 · Mineral fuels and oils
43 active HS6 lines · 182 export partners
2$271.8B
HS 84 · Machinery
515 active HS6 lines · 198 export partners
3$176.3B
HS 85 · Electrical machinery
262 active HS6 lines · 199 export partners
4$142.1B
HS 87 · Vehicles
87 active HS6 lines · 196 export partners
5$107.0B
HS 88 · HS chapter
15 active HS6 lines · 191 export partners
6$104.6B
HS 90 · HS chapter
142 active HS6 lines · 198 export partners
7$95.0B
HS 30 · Pharmaceutical products
43 active HS6 lines · 191 export partners
8$77.8B
HS 39 · HS chapter
129 active HS6 lines · 195 export partners
Leading export markets
Destinations rank bilateral export flows from USA, Puerto Rico and US Virgin Islands; growth describes each corridor rather than the whole economy.
1$281.2B
Canada
Annual change -3.3% · 3-year CAGR 3.9%
2$279.5B
Mexico
Annual change +0.9% · 3-year CAGR 5.6%
3$147.1B
China
Annual change -1.6% · 3-year CAGR -2.2%
4$88.1B
United Kingdom
Annual change +3.8% · 3-year CAGR 14.3%
5$85.9B
Germany
Annual change -4.3% · 3-year CAGR 5.1%
6$78.6B
Japan
Annual change +6.3% · 3-year CAGR 1.5%
7$66.4B
Netherlands
Annual change -1.4% · 3-year CAGR 13.4%
8$66.4B
South Korea
Annual change +0.9% · 3-year CAGR -0.2%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.