United States of America, including Puerto Rico and U.S.V.I.

In 2014, the value of merchandise exports of the United States increased slightly by 2.8 percent to reach 1622.7 bln US$, while its merchandise imports increased slightly by 3.4 percent to reach 2408.1 bln US$ (see graph 1, table 2 and table 3). Despite being overtaken by China in 2007 as the largest exporter of merchandise, the United States is still the world?s largest importer. The merchandise trade balance recorded a moderate deficit of 785.4 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Eastern Asia at -369.2 bln US$ (see graph 4). Merchandise exports in the United States were diversified amongst partners; imports were also diversified. The top 22 partners accounted for 80 percent or more of exports and 18 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of the United States increased slightly by 4.8 percent, reaching 671.1 bln US$, while its imports of services increased slightly by 2.7 percent and reached 454.5 bln US$ (see graph 2). In recent years, the United States has been the world?s largest exporter and importer of services. There was a trade in services surplus of 216.6 bln US$, which is the largest trade in services surplus recorded.

Related Subject(s): International Trade and Finance

Countries: Puerto Rico