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Balance of trade with the United States. The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Canada is the largest trading partner of the United States, followed by Mexico. [1]
The following is a list and analysis of imports into the United States for 2020 and 2019 in millions of United States dollars. [1] [2] The United States imported $2,810.6 billion worth of goods and services in 2020, down $2,945 billion from 2019. This consisted of $2,350.6 billion worth of goods and $460.1 billion worth of services.
Country or region Imports (millions of $) . Year United States 3,375,948 2022 European Union [n 1] 2,743,745 [3]: 2022 China 2,706,601 2022 Germany 1,571,057 2022 Japan ...
The authority of Congress to regulate international trade is set out in the United States Constitution (Article I, Section 8, Paragraph 1): . The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and to promote the general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform ...
U.S. states and territories by imports 2018 (in current dollars) National rank State/territory Imports in US$ [7] [8] % of states GDP [9] Largest source [8] Largest import product [8] — United States: $2,540,805,731,547 12.2 China: computer and electronic products 1 California: $441,019,089,038 14.6 China: computer and electronic products 2 Texas
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The Library of Congress Country Studies is a valuable resource for researchers interested in learning about various countries around the world. Here are the key points: Published by: Federal Research Division of the Library of Congress; Content: Descriptions and analyses of a country's history, society, economy, politics, and national security.