Top 10 US Imports Data by Country, Product, Companies HS Code & Database

As the biggest importer of products globally, the United States plays a vital role in today's globalized economy. To understand the key trends and insights into US imports, it is essential to delve into the top 10 US imports data by country, company, HS code, product and database. 

According to the live US import data by country, company, HS code and product, the total value of US imports accounted for $3.2 trillion in 2023, with a decline of 6% from the previous year. Based on the latest US import data and trade data, the US imported goods worth $2.48 trillion in the first three quarters of 2024. In 2023-24, the US imported more goods than it exported, resulting in a trade balance or deficit of $773.4 billion.

Before diving into the specifics of the top 10 US imports, it is crucial to understand the significance of import data. The USA import data provides valuable information on the inflow of goods into the US, including details such as:

• Date

• Country of origin

• Product Description

• Harmonized System (HS) codes

• B/L number

• Quantity

• Port of entry and exit

By getting access to the US maritime trade data and import data, stakeholders can gain insights into market trends, consumer preferences, supply chain dynamics, and trade policy implications. This article aims to provide a comprehensive analysis of the US import scenario including the top 10 US imports, US import partners, and the import database of the US, offering valuable insights for businesses, policymakers, and researchers.

Exclusive US Import Trends

• US Import Share

The US has a global import share of 13.2% for goods imports worldwide.

• Imports of automobiles

In 2023, the United States imported the most automobiles, engines, and parts ever—$458.4 billion.

• Imports of other items

In 2023, the United States imported $129.5 billion worth of other goods, the most since 2017.

• Imports of consumer goods

In 2023, US consumer goods imports totaled $760.9 billion, the lowest level since 2020.

• Prices of imports

From November 2023 to November 2024, the US import price index rose by 1.3%.

• Prices of Fuel Imports

In November 2023, rising natural gas and petroleum costs caused import gasoline prices to rise.

US Import Trade Data by HS Code: Unveiling the Top 10 US Imports

When it comes to imports, the United States is known for bringing in a wide variety of products from all around the world. The US import data by HS Code gives us a glimpse into the top 10 imports that contribute significantly to the country's economy. Let's take a closer look at the biggest US imports in 2023 based on their respective Harmonized System (HS) codes. The top 10 US imp orts based on the US import data and US shipment data include:

1. Electrical machinery and equipment (HS code 85): $463.36 billion (14.61%)

Electrical machinery and equipment having HS Code 85 hold the top spot as the most imported goods in the US. This category includes items such as computers, telecommunication equipment, and electrical transformers. With a total value of $463.36 billion, these products play a crucial role in powering various industries across the country. 

2. Nuclear reactors and machinery (HS code 84): $459.19 billion (14.47%)

Coming in at a close second  HS Code 84 the nuclear reactors and machinery with a total import value of $459.19 billion. These products are essential for energy generation and play a vital role in the country's power infrastructure.

3. Vehicles (HS code 87): $381.03 billion (12.01%)

Vehicles, including cars, trucks, and other motor vehicles came under the HS Code 87, rank third on the list of top US imports. With a total import value of $381.03 billion, these products are in high demand among American consumers and businesses alike.

4. Mineral fuels and oils (HS code 27): $266.59 billion (8.4%)

Mineral fuels and oils are crucial imports for the US economy, with a total import value of $266.59 billion. These products are essential for powering vehicles, heating homes, and fueling various industries.

5. Pharmaceutical products (HS code 30): $177.84 billion (5.61%)

Pharmaceutical products rank fifth on the list of top US imports, with a total import value of $177.84 billion. These products are vital for maintaining public health and treating various medical conditions.

6. Special combined nomenclature commodities (HS code 99): $124.97 billion (3.94%)

Special combined nomenclature commodities represent a diverse range of goods that are imported into the US. With a total import value of $124.97 billion, these products play a significant role in meeting the various needs of the American market.

7. Optical, medical, or surgical instruments (HS code 90): $118.32 billion (3.73%)

Optical, medical, or surgical instruments are essential imports for the US healthcare industry, with a total import value of $118.32 billion. These products help healthcare professionals provide quality care to patients across the country.

8. Precious stones and metals, pearls (HS code 71): $89.54 billion (2.82%)

Precious stones and metals, including diamonds, gold, and pearls, are valuable imports for the US economy. With a total import value of $89.54 billion, these products are in high demand among consumers and jewelry manufacturers.

9. Plastics and articles thereof (HS code 39): $72.34 billion (2.28%)

Plastics and articles made from them are essential imports for various industries in the US. With a total import value of $72.34 billion, these products are used in the manufacturing of a wide range of products, from packaging materials to consumer goods.

10. Furniture; bedding, and mattresses (HS code 94): $69.00 billion (2.18%)

Rounding out the top 10 US imports are furniture, bedding, and mattresses, with a total import value of $69.00 billion. These products are essential for furnishing homes, offices, and other living spaces across the country.

US Import Data by Country: A Closer Look at Top 10 US Import Partners

The United States is a major player in the global economy, importing goods from a wide range of countries around the world. According to the US import data by country, the US imports the most goods from Mexico, followed by China and Canada. Canada and Mexico were among the United States' top single-country import partners in the preceding year, in part because of the United States-Mexico-Canada Agreement (USMCA). Let us take a closer look at the top 10 countries from which the US imports goods, based on the latest US bill of lading data for 2023 which include:

1. Mexico: $480.08 billion (15.1%)

Mexico is one of the United States' largest trading partners, with a significant portion of goods imported from this neighbor to the south. The largest US imports from Mexico are vehicles, worth $130.03 billion in 2023.

2. China: $448.03 billion (14.1%)

China is another major source of imports for the US, with electrical machinery and equipment being the biggest US imports from China, valued at $126.67 billion in 2023.

3. Canada: $431.19 billion (13.6%)

Canada is a close ally and trading partner of the United States, with mineral fuels and mineral oils being the biggest US imports from Canada, worth $131.90 billion in 2023.

4. Germany: $163.08 billion (5.1%)

Germany is a key player in the European market, and the US imports a significant amount of goods from this country. Nuclear machinery is the largest import of the US from Germany, valued at $34.59 billion in 2023.

5. Japan: $151.58 billion (4.8%)

Japan is known for its technological advancements, and the US imports a variety of goods from this country. The US imports the most vehicles from Japan worth $50.80 billion in 2023.

6. South Korea: $119.72 billion (3.8%)

South Korea is another major player in the global market, and the US imports a substantial amount of goods from this country. Vehicles are the most imported commodity by the US from South Korea, valued at $38.42 billion in 2023.

7. Vietnam: $118.94 billion (3.7%)

Vietnam has emerged as a key player in the global economy, with the US importing a significant amount of goods from this country. Electrical machinery is the top US import from Vietnam, valued at $41.78 billion in 2023.

8. Taiwan: $89.91 billion (2.8%)

Taiwan is known for its electronics industry, and the US imports a considerable amount of goods from this country. Nuclear reactors and machinery are the largest US imports from Taiwan, worth $34.51 billion in 2023.

9. India: $87.28 billion (2.8%)

India is a rapidly growing economy, and the US imports a variety of goods from  this country. Precious stones, pearls, and metals are the largest US imports from India, valued at $12.36 billion in 2023.

10. Ireland: $82.71 billion (2.6%)

Ireland is known for its pharmaceutical industry, and the US imports a significant number of pharmaceutical products from this country, valued at $36.02 billion in 2023.

US Importer Companies | Top 10 Importers in the USA

Walmart Inc. is the biggest importer in the USA as per the US importers database. The top 10 US importer companies based on the US buyers list and USA importers data for 2023-24 include:

USA Import Data in the Last 10 Years

Conclusion

In conclusion, assessing the top 10 US import data by country, product, HS code, and database provides valuable insights into the dynamics of international trade and the US economy. By understanding the trends and patterns in US imports, stakeholders can make informed decisions, identify new market opportunities, and navigate the complexities of the global trading environment. With the right data and analysis tools, businesses can optimize their supply chains, mitigate risks, and stay competitive in today's interconnected world of commerce.