Friday, August 19

USA Import Export Data from US Customs - A Trade Report on USA Global Business

The United States of America or the United States or simply America is a federal republic and is a highly developed country. It has the world’s largest economy by GDP and ranks highly in several measures of socio-economic performance including productivity per person, per capita GDP, human development and average wage. The US is almost a third of global military spending, making it the world’s foremost economic and military power. It is a prominent political and cultural force around the world and a leader in technological and scientific research innovations. Let’s have an assessment of a trade report on USA global business by getting through the USA import export data that is provided by the world-class market research company, Export Genius.




Geography

Location: North America, bordering both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico

Geographic Coordinates: 38 00 N, 97 00 W

Area: 9,833,517 sq. km (Total)

Land Boundaries: 12,048 km (Total)

Border Countries (2): Canada 8,893 km (including 2,477 km with Alaska), Mexico 3,155 km

Coastline: 19,924 km

Climate: mostly temperate, but tropical in Hawaii and Florida, arctic in Alaska, semiarid in the great plains west of the Mississippi River, and arid in the Great Basin of the southwest; low winter temperatures in the northwest are ameliorated occasionally in January and February by warm chinook winds from the eastern slopes of the Rocky Mountains

Natural Resources: coal, lead, copper, phosphates, molybdenum, uranium, rare earth elements, gold, bauxite, mercury, iron, potash, nickel, silver, zinc, petroleum, timber, natural gas, arable land tungsten.

Irrigated Land: 264,000 sq. km (2012) 

Total Renewable Water Resources: 3,069 cu km (2011)


Government

Country Name: United States of America (conventional long form); United States (conventional short form)

Government Type: federal presidential republic

Capital: Washington, DC

Time Difference: UTC-5 (during Standard Time)

Independence: 4 July 1776 (declared); 3 September 1783 (recognized by Great Britain)

National Holiday: Independence Day, 4 July (1776)

Chief of State: President Barack H. OBAMA (since 20 January 2009)

Head of Government: President Barack H. OBAMA (since 20 January 2009)

National Symbol: Bald Eagle

National Colours: Red, White, Blue

National Anthem: "The Star-Spangled Banner"


Economy

USA Balance of Trade in 2015: USD - 802951723000 (Trade Deficit)

Trade Value of US Imports in 2015: USD 2306822161000

Trade Value of US Exports in 2015: USD 1503870438000

The United States of America has a capitalist mixed economy, which is fuelled by high productivity and abundant natural resources. According to the USA export import data, the country is the largest importer of total goods and second largest exporter of total products. The trade data of USA taken from the US customs reveals that the country imported electronics the most in year 2015 and exported automatic data processing machines the most in the same year. Get more US trade statistics right below.

  • GDP (Purchasing Power Parity): $17.95 trillion (2015 estimation)
  • GDP (Official Exchange Rate): $17.95 trillion (2015 estimation)
  • GDP (Real Growth Rate): 2.4% (2015 estimation)
  • GDP (Per Capita): $55,800 (2015 estimation)
  • Gross National Saving: 18.7% of GDP (2015 estimation)


Major Industries and Agricultural Products of United States of America

According to customs data of USA, the country mainly deals in consumer goods, electronics, mining, telecommunications and so on. It is one of the largest exporters of machinery and largest importers of electrical, electronic equipment. Here is the list of major industries and agricultural products of the United States of America based on USA import export data.

Serial Number
Major Industries and Agricultural Products of United States
1.
Mining
2.
Lumber
3.
Consumer Goods
4.
Food Processing
5.
Electronics
6.
Chemicals
7.
Telecommunications
8.
Aerospace
9.
Motor Vehicles
10.
Steel
11.
Petroleum
12.
High-technology Innovator
13.
Agricultural Products - Forest Products, Fish, Dairy Products, Poultry, Pork, Beef, Cotton, Vegetables, Fruits and Wheat, Corn & Other Grains


Customs Data of USA Imports :-

List of Top 10 USA Imports of 2015: Electrical, Electronic Equipment (14.43%); Machinery, Nuclear Reactors, Boilers, etc. (14.28%); Vehicles Other Than Railway, Tramway (12.3%); Mineral Fuels, Oils, Distillation Products, etc. (8.72%); Pharmaceutical Products (3.73%); Optical, Photo, Technical, Medical, etc. (3.39%); Furniture, Lighting, Signs, Prefabricated Buildings (2.65%); Pearls, Precious Stones, Metals, Coins, etc. (2.53%); Organic Chemicals (2.26%) and Plastics (2.18%).

List of Top 10 Exporter Countries from which USA Imported Products the Most in 2015: China (21.8%); Canada (13%); Mexico (12.9%); Japan (5.8%); Germany (5.5%); Republic of Korea (3.2%); United Kingdom (2.5%); France (2.1%); India (2%) and Italy (2%).

Customs Data of USA Exports :-

List of Top 10 USA Exports of 2015: Machinery, Nuclear Reactors, Boilers, etc. (13.69%); Electrical, Electronic Equipment (11.29%); Aircraft, Spacecraft and Parts (8.72%); Vehicles Other Than Railway, Tramway (8.45%); Mineral Fuels, Oils, Distillation Products, etc. (7.06%); Optical, Photo, Technical, Medical, etc. (5.54%); Plastics (4.01%); Pearls, Precious Stones, Metals, Coins, etc. (3.86%); Pharmaceutical Products (3.15%) and Organic Chemicals (2.58%).

List of Top 10 Importer Countries from which USA Exported Products the Most in 2015: Canada (18.6%); Mexico (15.7%); China (7.7%); Japan (4.2%); United Kingdom (3.7%); Germany (3.3%); Republic of Korea (2.9%); Netherlands (2.7%); Hong Kong, China (2.5%) and Belgium (2.3%).


Major Sea Ports of United States of America: Port Everglades, Fla.; Tacoma, Wash.; Charleston, S.C.; Oakland, Calif.; Houston; Norfolk, Va.; Seattle; Savannah, Ga.; New York and Los Angeles/Long Beach


Major Air Ports of United States of America: Hartsfield–Jackson Atlanta International Airport; Los Angeles International Airport; O'Hare International Airport; Dallas/Fort Worth International Airport; John F. Kennedy International Airport; Denver International Airport

This trade report on USA global business is actually prepared by the team of Export Genius. After doing a proper research work and collecting the USA import export data from the US customs, we have generated this analytical trade report of the country. Every trade detail in this is checked thoroughly by our database people in order to provide the most accurate foreign trade data of United States of America. If you want to get the complete US import and export statistics, visit our website at www.exportgenius.in.

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