USA Import Export Data – Ways to Find US Import & Export Companies
04 January 2020
The United States of America
is the 2nd largest export economy in the world and the 7th
most complex economy. According to USA import export data, the country
purchased goods worth US$ 2,612 billion in 2018, while shipped commodities
worth US$ 1,665 billion. The top exports of the United States are Cars, Refined
Petroluem, Gas Turbines, Planes and Helicopters. Its major import commodities
are Crude Petroluem, Cars, Computers, Broadcasting Equipment and Vehicle Parts.
The top export destinations of the U.S. are Mexico, Canada, China, Japan and
Germany. Its major import origins are China, Mexico, Canada, Japan and Germany.
Check USA trade statistics with a larger picture of US imports and exports.
US
Top Imports
According to US import data, the country purchased machinery, mechanical appliances and other products in this group the most in 2018, which shared 14.77% value to total imports. Top 10 US import commodities accounted 67.36% of the overall value to import shipments.
Product |
Value US$ Billion |
Machinery, Mechanical Appliances, etc. |
385.9 |
Electrical Machinery and Equipment |
366.9 |
Vehicles |
306.5 |
Mineral Fuels & Oils |
241.7 |
Pharmaceutical Products |
115.6 |
Optical, Photographic, Medical, Equipment,
etc. |
93.3 |
Furniture, Bedding, Mattresses, etc. |
72.0 |
Plastics |
61.8 |
Natural or Cultured Pearls & Precious
Stones |
60.7 |
Organic Chemicals |
54.5 |
US
Top Exports
According to US export data, the country shipped machinery, mechanical appliances and other commodities in this group the most in 2018, which shared 12.81% value to total exports. Top 10 US export products accounted 70% value to total shipments.
Product |
Value US$ Billion |
Machinery, Mechanical Appliances, etc. |
213.3 |
Mineral Fuels & Oils |
192.6 |
Electrical Machinery & Equipment |
176.3 |
Aircraft & Spacecraft |
139.4 |
Vehicles |
130.7 |
Optical, Photographic, Medical, Equipment,
etc. |
89.6 |
Plastics |
66.5 |
Pearls & Precious Stones |
63.7 |
Pharmaceutical Products |
48.3 |
Organic Chemicals |
40.3 |
US
Trade Partners
The ongoing trade war
between the United States and China over high import tariff has benefited other
trading partners of the U.S., especially Mexico and Canada. In fact, Mexico and
Canada has become the largest trading partner of the US, leaving China on third
position. However, in 2018, the United States imported goods the most from
Canada and Mexico, while it supplied products the most to China and Mexico.
From a continental
perspective, about 45% of America’s total imports by value in 2018 were
purchased from Asian suppliers. Another 25.8% of goods were imported from North
American trading partners, while 21.9% worth of shipments originated from
Europe.
As per USA export statistics, the country supplied about 33.9% of total exports to fellow North American countries. Another 31..4% were exported to buyers in Asia, while 21.6% of total shipments were delivered to European countries.
Country |
Import Value US$ % |
Country |
Export Value US$ % |
Canada |
18.0 |
China |
21.6 |
Mexico |
15.9 |
Mexico |
13.4 |
China |
7.2 |
Canada |
12.5 |
Japan |
4.5 |
Japan |
5.6 |
United Kingdom |
4.0 |
Germany |
4.9 |
How to Find Importers and Exporters in the United States?
If you are planning to start your import-export business in the United States, market research information is a key to your success. Certainly, you may feel hard to find suitable buyers or suppliers in the United States for your product. How this problem can be solved? Check some best options below to find the right business prospects.
1. Market Research
Do a good market research
and analyse & compare products & services with pricing of various
import-export data providers. You can ask for a demo of each one to know exact
data fields covered in their data. After fulfilling all your business
requirements, you can choose a company which provides you the data with
complete information including company names.
2. Custom Departments
If you have any link up with
any custom department, this will be beneficial for your business as you will
receive actual shipment details with information on US importers &
exporters. You can also check websites of these departments to have online
access of US customs data samples.
3. Trade Promotion Councils
You can register with trade
promotion councils of your industry as they have links up with companies in USA
and other countries. In fact, they provide online data with shipment details of
traded commodities and companies.
4. Government Bodies
You can check websites of
government bodies as these are updated with specific trade information about US
companies who import and export goods from the country.
5. Social & Business Networks
The other option for you to
find buyers and suppliers in the United States is establish a social and
business network around the world. Use social networking websites and access
business accounts of US companies. You can contact them, tell them your
business requirements and finalize the best deal.
6. Trade Publications
You can subscribe for trade
magazines, newspapers, newsletters and other periodicals for gathering
information about companies who import and export goods from the country. These
publications contains interviews of popular businessmen, graphics &
statistics on their trade performance, comparison of their business performance
with last years & other companies, etc.
7. Logistics Companies
If you are into
import-export business and take transportation services from a logistics
company, you can ask the company to provide details of other companies who take
their services. You can shortlist from the list as per your business
requirements.
8. US Embassies
Besides all these options,
you can approach US embassy within your country and ask for import-export data
of the United States with company details. They can provide you market
intelligence information in order to boost bilateral of the US and your
country.
9. Global Trade Events
Import-export companies from
most of the countries attend global trade events and exhibit their products.
You can also attend these events and share a podium with them to establish
business network.
10. Online Sources
The last but not least, you
can use Internet and browse business and trading websites of government and
other private agencies to look import and export companies in the United
States.
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