January – November 2017

Top US Trading Partners

Total YTD: $2.38 trillion

RankCountryTotal YTD
1China $577,819,211,955
2Canada $533,744,475,445
3Mexico $512,224,202,021
4Japan $185,845,428,076
5Germany $155,641,876,014
6South Korea $109,202,670,537
7United Kingdom $99,963,130,866
8France $75,355,527,384
9India $68,331,013,084
10Taiwan $62,386,688,873

U.S. trade increases 6.62 percent through November

U.S. trade with the world rose to $3.55 trillion through the first 11 months of 2017, according to a WorldCity analysis of the latest U.S. Census Bureau data.

That’s a 6.62 percent increase over the same time period last year. The nation’s exports climbed 6.27 percent to $1.41 trillion and imports climbed 6.86 percent to $2.14 trillion. The overall trade deficit was $732.36 billion up compared to the same period last year, when the deficit was $678.15 billion.

Through November, the nation’s top trade partners were No. 1 China, No. 2 Canada, No. 3 Mexico, No. 4 Japan and No. 5 Germany. The same time period last year, the top five spots were held by No. 1 China, No. 2 Canada, No. 3 Mexico, No. 4 Japan and No. 5 Germany, respectively.

Taking a closer look at the leading U.S. trade partners:

  • No. 1 China’s trade rose 9.52 percent to $577.82 billion. Exports rose 12.05 percent to $116.7 billion. Imports rose 8.9 percent to $461.12 billion.
  • No. 2 Canada’s trade rose 6.84 percent to $533.74 billion. Exports rose 5.89 percent to $259.22 billion. Imports rose 7.76 percent to $274.52 billion.
  • No. 3 Mexico’s trade rose 6.16 percent to $512.22 billion. Exports rose 5.39 percent to $223.27 billion. Imports rose 6.76 percent to $288.95 billion.
  • No. 4 Japan’s trade rose 4.64 percent to $185.85 billion. Exports rose 6.36 percent to $61.26 billion. Imports rose 3.81 percent to $124.58 billion.
  • No. 5 Germany’s trade rose 4.07 percent to $155.64 billion. Exports rose 8.02 percent to $48.61 billion. Imports rose 2.37 percent to $107.04 billion.

The nation’s top five trading partners through November accounted for 44.69 percent of its trade with the world.

The U.S. had trade surpluses with 129 countries and deficits with 104 through November. That compares with 130 surpluses and 103 deficits for the same period one year earlier. The top three surpluses through November of this year were with Hong Kong, $29.7 billion; The Netherlands, $22.68 billion; United Arab Emirates, $13.93 billion. The top three deficits were with China, $344.42 billion; Mexico, $65.68 billion; and Japan, $63.32 billion.

January – November 2017

Top US Exports

Top 10 Total YTD: $434.2 billion

RankCommodityTotal YTD
1Civilian aircraft, parts $108,951,852,740
2Gasoline, other fuels $70,118,396,943
3Motor vehicles for transporting people $49,104,564,683
4Motor vehicle parts $41,625,412,756
5Computer chips $34,939,580,336
6Low value shipments $31,789,837,259
7Cell phones, related equipment $30,640,871,831
8Medical instruments for surgeons, dentists, vets $24,177,706,163
9Computers $22,936,640,131
10Petroleum gases, other gaseous hydrocarbons $19,914,124,881

January – November 2017

Top US Imports

Top 10 Total YTD: $735.76 billion

RankCommodityTotal YTD
1Motor vehicles for transporting people $160,428,001,972
2Oil $121,769,783,478
3Cell phones, related equipment $99,884,878,845
4Computers $76,808,446,699
5Exports returned, without change $60,936,486,467
6Motor vehicle parts $60,139,764,613
7Medicines in individual dosages $58,257,822,494
8Gasoline, other fuels $42,619,568,691
9Computer chips $30,510,085,820
10Commercial vehicles $24,404,185,511

The nation’s top five exports by value through November were civilian aircraft, parts; gasoline, other fuels; motor vehicles for transporting people; motor vehicle parts; and computer chips in that order. Those accounted for 21.61 percent of its total outbound trade.

The value of the nation’s top five imports through November were, motor vehicles for transporting people; oil; cell phones, related equipment; computers; and exports returned, without change. They accounted for 24.26 percent of all inbound shipments.

Looking more closely at U.S. exports:

  • No. 1 Civilian aircraft, parts rose 0.21 percent compared to last year to $108.95 billion.
  • No. 2 Gasoline, other fuels rose 20.76 percent compared to last year to $70.12 billion.
  • No. 3 Motor vehicles for transporting people fell 1.36 percent compared to last year to $49.1 billion.
  • No. 4 Motor vehicle parts rose 5.19 percent compared to last year to $41.63 billion.
  • No. 5 Computer chips rose 8.69 percent compared to last year to $34.94 billion.

On the import side:

  • No. 1 Motor vehicles for transporting people rose 3.5 percent compared to last year to $160.43 billion.
  • No. 2 Oil rose 32.58 percent compared to last year to $121.77 billion.
  • No. 3 Cell phones, related equipment rose 5.68 percent compared to last year to $99.88 billion.
  • No. 4 Computers rose 8.93 percent compared to last year to $76.81 billion.
  • No. 5 Exports returned, without change rose 4.1 percent compared to last year to $60.94 billion.

Through November the nation’s top five Custom’s Districts were No. 1 Los Angeles, No. 2 New York City, No. 3 Laredo, No. 4 Detroit and No. 5 Chicago . The same time period last year the top five spots were No. 1 Los Angeles, No. 2 New York City, No. 3 Laredo, No. 4 Detroit and No. 5 Chicago, respectively

Taking a closer look at the leading U.S. Customs districts:

  • Trade with No. 1 Los Angeles rose 8.51 percent to $394.83 billion.
    Exports rose 8.66 percent to $117.51 billion. Imports rose 8.44 percent to $277.32 billion.
  • Trade with No. 2 New York City rose 1.92 percent to $333.41 billion.
    Exports rose 0.33 percent to $125.09 billion. Imports rose 2.9 percent to $208.32 billion.
  • Trade with No. 3 Laredo rose 7.55 percent to $279.85 billion.
    Exports rose 7.02 percent to $116.32 billion. Imports rose 7.93 percent to $163.54 billion.
  • Trade with No. 4 Detroit rose 6.42 percent to $242.47 billion.
    Exports rose 8.88 percent to $118.61 billion. Imports rose 4.16 percent to $123.87 billion.
  • Trade with No. 5 Chicago rose 11.78 percent to $202.36 billion.
    Exports rose 4.82 percent to $43.38 billion. Imports rose 13.85 percent to $158.98 billion.

The nation’s top five Customs districts through November accounted for 40.89 percent of U.S. trade with the world.

Among U.S. Customs districts, 13 registered surpluses and 33 registered deficits through November. That compares with 12 surpluses and 34 deficits for the same period one year earlier. The top three surpluses through November of this year were with Houston, $22.41 billion, Seattle $9.15 billion, and Miami $9.3 billion. The top three deficits were with Los Angeles, $159.8 billion, Chicago $115.6 billion, and New York City $83.23 billion.