Trade in Goods and Services Deficit: $43.4 Billion Exports: $181.5 Billion Imports: $224.9 Billion. The U.S. buys far more products than it sells to the rest of the world and in March, the nation’s trade deficit ballooned to its largest level since the 2007-09 financial crisis. The U.S. imported $51.4 billion more in goods than it sold to foreign markets in that month alone.
The following export product groups represent the highest dollar value in American global shipments during 2015. Also shown is the percentage share each export category represents in terms of overall exports from the United States.
- Machines, engines, pumps: US$205.8 billion (13.7% of total exports)
- Electronic equipment: $169.8 billion (11.3%)
- Aircraft, spacecraft: $131.1 billion (8.7%)
- Vehicles: $127.1 billion (8.4%)
- Oil: $106.1 billion (7.1%)
- Medical, technical equipment: $83.4 billion (5.5%)
- Plastics: $60.3 billion (4%)
- Gems, precious metals, coins: $58.7 billion (3.9%)
- Pharmaceuticals: $47.3 billion (3.1%)
- Organic chemicals: $38.8 billion (2.6%)
Aircraft and spacecraft was the fastest-growing among the top 10 export categories for 2015, up in value by 49.4% for the 5-year period starting in 2011.