The US import data is a critical useful resource for businesses and policymakers, providing valuable insights into the flow of goods entering the United States. Despite being a worldwide powerhouse, a significant part of the USA is a part of North America. The US Consists of 50 states and one federal district. The USA’s neighbors are the Bahamas, Canada, and Mexico. Detailed information in US import data allows companies to understand the volume, origin, and destination of imports and imported products. Several key trends shape US imports and the overall import market in the US. According to the US import data, the US imported goods worth $3.17 trillion in 2023, with a decrease of 6% from the previous year. The US has a total import market share of 13.3% in 2023 globally. The Major US imports in 2023 include electrical machinery and equipment ($463.36 billion), Nuclear reactors and machinery ($459.19 billion), Vehicles ($381.03 billion), Mineral fuels and mineral oils ($266.59 billion), and pharmaceutical products ($177.84 billion). The major import partners of the US in 2023 include Mexico ($480.08 billion), China ($448.03 billion), Canada ($431.19 billion), Germany ($163.08 billion), and Japan ($151.58 billion).Let us now delve into the details of US import data for the year 2023, providing insights into US import trends, top US imports, and key markets.
The US has been ranked 1st in global imports, making it the biggest importer in the world and showing a strong position in the global import sector.
The US has a 13.3% market share in the global import market, which makes its presence increasingly significant.
Mexico is the biggest import partner of the USA for goods imports in 2023.
Electrical machinery and equipment are the biggest US imports in 2023, playing a huge role in the country’s economy.
When it comes to imports, the US is known for its prowess in various commodities such as mineral oils, electronics, machinery, and pharmaceuticals, which are in high demand in the US. Electrical machinery and equipment are the biggest US imports worth $463.36 billion in 2023. The top 10 US import commodities in 2023 include:
The US is a major player in the global import market, bringing in a wide range of products from all over the world. Mexico is the biggest import partner of the US as Mexico exported goods worth $480.08 billion to the US in 2023. The Top 10 US import partners in 2023 include:
Vehicles are the biggest US imports from Mexico worth $130.03 billion in 2023.
Electrical machinery and equipment are the biggest US imports from China worth $126.67 billion in 2023.
Mineral fuels and mineral oils are the biggest US imports from Canada worth $131.90 billion in 2023.
Nuclear reactors and machinery are the biggest US imports from Germany worth $34.59 billion in 2023
Vehicles are the biggest US imports from Japan worth $50.80 billion in 2023.
Vehicles are the biggest US imports from South Korea worth $38.42 billion in 2023.
Electrical machinery and equipment are the biggest US imports from Vietnam worth $41.78 billion in 2023.
Nuclear reactors and machinery are the biggest US imports from Taiwan worth $34.51 billion in 2023.
Natural or cultured pearls, precious stones, and metals are the biggest US imports from India worth $12.36 billion in 2023.
Pharmaceutical products are the biggest US imports from Ireland worth $36.02 billion in 2023.
The US is home to some of the busiest ports in the world. The top 10 US Import Ports in 2023 include:
Based on customs information, the top 10 US importer companies are released annually. These numbers, which indicate shipment capacity, are given in TEUs (Twenty-foot Equivalent Unit). The retail industry uses the majority of the goods that are imported into the US. In 2023, the top 10 US importers include:
| Import Partners | Value In 2019 | Value In 2020 | Value In 2021 | Value In 2022 | Value In 2023 |
|---|---|---|---|---|---|
| Mexico | $359.33 billion | $328.68 billion | $388.31 billion | $459.20 billion | $480.08 billion |
| China | $470.95 billion | $456.44 billion | $540.07 billion | $575.71 billion | $448.03 billion |
| Canada | $326.15 billion | $277.30 billion | $366.47 billion | $448.33 billion | $431.19 billion |
| Germany | $129.91 billion | $117.36 billion | $138.23 billion | $150.46 billion | $163.08 billion |
| Japan | $146.92 billion | $122.47 billion | $139.11 billion | $154.44 billion | $151.58 billion |
| South Korea | $79.93 billion | $78.35 billion | $98.77 billion | $120.87 billion | $119.72 billion |
| Vietnam | $69.15 billion | $83.18 billion | $108.17 billion | $135.87 billion | $118.94 billion |
| Taiwan | $55.92 billion | $62.45 billion | $80.65 billion | $96.07 billion | $89.91 billion |
| India | $60.13 billion | $53.58 billion | $76.92 billion | $90.99 billion | $87.28 billion |
| Ireland | $62.11 billion | $66.32 billion | $74.02 billion | $82.50 billion | $82.71 billion |
| Total Imports | $2.56 trillion | $2.40 trillion | $2.93 trillion | $3.37 trillion | $3.17 trillion |
We attain import data from reliable US government organizations, shipping manifests, and customs ports. Numerous fields are blanketed on these import statistics, inclusive of HS codes, product descriptions, unit, quantities, origin and destination international locations, port names, and Bill of lading number. These import data records are crucial pieces of data that help traders and marketers to make wise choices. The US import data and information can be used to accumulate vast information such as the HS codes and product descriptions to the amount and of each product. To make you comprehend better and see what our US sample import data looks like on its whole, we have provided a sample of the US import data.
| DATE | 23/May/2024 |
|---|---|
| Bill Type | HOUSE BILL |
| BILL OF LADING NUMBER | ONEYMNLE11111800 |
| US IMPORTER NAME | IMASEN BUCYRUS TECHNOLOGY |
| US IMPORTER ADDRESS | 260 CROSSROADS BOULEVARD |
| FOREIGN EXPORTER NAME | IMASEN PHILIPPINE MANUFACTURINGCORP |
| FOREIGN EXPORTER ADDRESS | 101 EAST MAIN AVE., LAGUNA TECHNOPARK |
| NOTIFY PARTY NAME | MEIKO AMERICA INC |
| NOTIFY PARTY ADDRESS | . OHIO BRANCH 4770 DUKE DRIVE - SUITE 170 |
| HS CODE | 001207,940120 |
| Product Description | 1. ITEMS WITH COMM'L INVOICE PARTS OF SEAT 6,528 PCS HS CODE : 9401-20-00 12,074 PCS 76,708 PCS |
| Quantity | 100 |
| Unit | CAS |
| WEIGHT | 51784 |
| WEIGHT UNIT | KG |
| TEU | 6 |
| LOADING PORT | BUSAN |
| UNLOADING PORT | BUSAN |
| ORIGIN COUNTRY | SOUTH KOREA |
| SHIPPING COUNTRY | HONG KONG |
| DESTINATION COUNTRY | UNITED STATES |
| TRANSPORT TYPE | SEA CONTAINERIZED |
| CARRIER NAME | KWEO |
| VESSEL NAME | YM WELCOME |
| CONTAINER NUMBER | GAOU6587339,TRHU7652890,TCNU3882274 |
| MEASUREMENT | 1 CUBIC METERS |
| VOYAGE | 040E |
| CONVEYANCE | CONVEYANCE NAME: YM WELCOME |
The US import data refers to the data that provides valuable insights into the flow of goods entering the United States.
The US imported goods worth $3.17 trillion in 2023 with a decline of 6% from the previous year.
Electrical machinery and equipment are the biggest US import commodity with imports of $463.36 billion in 2023.
Mexico is the biggest import partner of the US, with imports worth $480.08 billion in 2023.1
Businesses can use US import data to identify trends in consumer demand in the US, assess the competitiveness of their products, and make informed decisions about sourcing and supply chain management.