The following is a list and analysis of
imports
An import is the receiving country in an export from the sending country. Importation and exportation are the defining financial transactions of international trade.
In international trade, the importation and exportation of goods are limited ...
into the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
for 2020 and 2019 in millions of
United States dollars
The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...
.
The United States imported $2,810.6 billion worth of goods and services in 2020, down $294.5 billion from 2019. This consisted of $2,350.6 billion worth of goods and $460.1 billion worth of services. The goods and services deficit was $678.7 billion in 2020, up $101.9 billion from $576.9 billion in 2019. The 2020 increase in the goods and services deficit reflected an increase in the goods deficit of $51.5 billion, or 6.0%, to $915.8 billion and a decrease in the services surplus of $50.4 billion, or 17.5%, to $237.1 billion. As a percentage of U.S. gross domestic product, the goods and services deficit was 3.2% in 2020, up from 2.7% in 2019.
The large decline in imports in 2020 has been attributed to the effects of
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identi ...
. Some key highlights of the 2020 data are:
* Imports of goods decreased $166.2 billion to $2,350.6 billion in 2020.
** Automotive vehicles, parts, and engines decreased $65.2 billion.
*** Passenger cars decreased $33.4 billion.
*** Automotive parts and accessories decreased $15.3 billion.
*** Trucks, buses, and special purpose vehicles decreased $10.8 billion.
** Industrial supplies and materials decreased $42.3 billion.
*** Crude oil decreased $50.2 billion.
*** Other petroleum products decreased $16.5 billion.
*** Non-Monetary gold increased $25.1 billion.
*** Finished metal shapes increased $23.7 billion.
** Capital goods decreased $31.2 billion.
*** Civilian aircraft engines decreased $11.1 billion.
*** Other industrial machinery decreased $6.7 billion.
*** Civilian aircraft parts decreased $6.7 billion.
*** Computers increased $11.5 billion.
* Imports of services decreased $128.3 billion to $460.1 billion in 2020.
** Travel decreased $95.3 billion.
** Transport decreased $35.9 billion.
2015 list
See also
*
List of exports of the United States
*
List of the largest trading partners of the United States
The 30 largest trade partners of the United States represent 87.9% of U.S. exports, and 87.4% of U.S. imports . These figures do not include services or foreign direct investment.
The largest US partners with their total trade in goods (sum of im ...
*
Value added tax trade criticism
References
{{reflist
Foreign trade of the United States
Trading partners