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Top 10 Products Exported From USA

Last Updated : 22 Mar, 2024
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Top 10 Products Exported From USA: The United States is a major player in the world economy, with a trade value of $5.1 trillion in 2023. It trades with over 200 countries and regions worldwide. Some of the most important things are cars, planes, and spacecraft, machines like computers, electronics such as TVs and radios, oil and gas, medicines and drugs, tools for medical purposes, plastic materials, special chemicals, and parts for aircraft. These products show how the USA is good at making different things and selling them to other countries.

In this article, we’ll talk about the top exports from the U.S. in 2024 and which parts of the world buy the most from the U.S. We’ll also discuss how businesses can start exporting to these markets.

Regions USA Exports to Most

In 2023, the top buyers of U.S. goods exports were:

1. Mexico: 16% of total exports, valued at $799 billion

2. Canada: 15% of total exports, valued at $774 billion

3. China: 11% of total exports, valued at $575 billion

4. Germany: 4.6% of total exports, valued at $236 billion

5. Japan: 4.4% of total exports, valued at $224 billion

Top 10 Products Exported From USA

Here are the top 10 products exported from the USA:

Product

Value

Machinery and Equipment

$222.8 billion

Oil Drilling & Gas Extraction

$78.4 billion

Electrical Machinery and Electronics

$200.7 billion

Vehicles and Automotive Parts

$66.1 billion

Aircraft and Aerospace Products

$124.9 billion

Soybean Farming

$34.4 billion

Plastics and Plastics Products

$52.8 billion

Organic Chemicals

$58.8 billion

Medical and Pharmaceutical Products

$83.1 billion

Gems and Precious Metals

$33 billion

Machinery and Equipment

Machinery and equipment are important exports for the USA worth over $200 billion annually. These include industrial and farm machinery, as well as electrical equipment. Big American companies like Caterpillar, John Deere, and General Electric lead in this sector.

American-made machinery is known for being precise and reliable helping industries around the world. It improves productivity in manufacturing and farming. U.S. equipment also helps in agriculture by increasing yields and being eco-friendly. Electrical products like generators and appliances from the USA power homes and businesses globally. These exports show America’s excellence in manufacturing and drive global progress.

Oil Drilling & Gas Extraction

The Oil Drilling and Gas Extraction industry involves companies that extract and sell fossil fuels like oil and gas. These companies have faced a lot of ups and downs recently. They were growing steadily until the COVID-19 pandemic hit and slowed down the economy, reducing the need for oil and gas. Also, tensions in places like Ukraine made it uncertain where the oil and gas would come from. But as the economy started to recover the demand for oil and gas shot up faster than companies could produce it causing prices to rise and bringing in big profits.

Electrical Machinery and Electronics

Electrical machinery and electronics are very important for the United States when it comes to selling things to other countries. Every year, these products bring in more than $150 billion in money from other countries. This category includes lots of different things like computer chips, cell phone parts, and gadgets that people use at home. Big American companies like Intel and Apple make a lot of money from selling these things. They are known for making high-quality and innovative products that people all over the world like to buy.

These electronic products from the U.S. are really popular worldwide because they are so good. Computer chips power many different devices, and the communication equipment made in the U.S. helps people stay connected wherever they are. People also really like the consumer electronics made in the U.S. because they look nice and have cool features. American companies are leaders in developing new technology, and they help the global economy grow by selling their products all over the world.

Vehicles and Automotive Parts

Cars and car parts are big exports for the United States. American companies like Ford and General Motors sell a lot of cars to other countries. These cars are known for being stylish, reliable and high-performing. Car Parts made in the USA like engines and brakes, are also popular worldwide because they work well. American carmakers are always trying to make better cars, and that’s why their exports are important for the global car industry.

Aircraft and Aerospace Products

USA import a lot of planes and spacecraft to other countries and these sales are worth more than $124.9 billion each year. Big companies like Boeing and Lockheed Martin lead the way in making these products. American planes and spacecraft are known for being very well made and reliable, making air travel safer and more efficient.

These products are used for things like commercial flights, military operations and space exploration, showing America’s advanced technology in aviation. America aerospace exports help keep peace and stability around the world. As America keeps improving its aerospace technology, its exports will continue to be important globally.

Soybean Farming

Soybean farming is the process of growing soybeans, which are a type of legume. Soybeans are cultivated for their edible seeds, which are rich in protein and oil. Soybeans need good soil and sunlight to grow. Farmers plant them in the spring and collect them in the fall. While they grow, farmers water them, give them nutrients, and protect them from bugs.

After collecting them, soybeans can be used for many things, like making food, feeding animals, and for industry. Many countries, like the United States, Brazil, and Argentina, grow soybeans because they are useful and healthy.

Plastics and Plastics Products

Plastics and plastic products play a significant rolel in U.S. exports, worth over $52.8 billion every year. These materials are used in lots of different industries like packaging, building, cars, and everyday items, showing off America’s skills in making polymers. Big American companies like Dow, ExxonMobil and LyondellBasell are leaders in this field.

American-made plastics are used for all sorts of things, like packaging that keeps things safe, materials for building that last, parts for cars that aren’t too heavy, and cool stuff we use every day. They are versatile, meaning they can be used in many ways and they’re not too expensive, helping the environment and boosting the economy. Overall, U.S. plastics exports highlight America’s top spot in making innovative plastics and its push for a greener future.

Organic Chemicals

Organic chemicals are substances that contain carbon and are essential components of various industrial processes and products. These chemicals are used in a wide range of applications, including pharmaceuticals, agriculture, electronics, textiles and automotive sectors. Organic chemicals products play a significant role in USA exports, worth over $58.8 billion every year. These chemicals are used in lots of different industries like making medicine and special compounds for different jobs. Big companies like Dow, DuPont, and BASF are top dogs in this field.

The USA is great at making all kinds of organic chemicals that are used in medicine, farming, electronics, clothes and cars. These exports show America dedication to doing business around the world and staying ahead with new ideas and technology.

Medical and Pharmaceutical Products

Exceeding $50 billion annually in export value, medical and pharmaceutical products are important for U.S. exports, showing America’s leadership in healthcare advancements. This sector includes medicines, medical devices, and healthcare equipment, highlighting American skills in meeting global healthcare needs.

The USA leads in developing advanced medical treatments and technologies, including life-saving drugs and innovative medical tools. American pharmaceutical firms regularly introduce new therapies, while medical devices help healthcare professionals provide top-quality care.

Besides products, American healthcare solutions also involve expertise in management, telemedicine, and digital health. As healthcare changes, the USA remains a pioneer, driving improvements and shaping how healthcare is delivered globally. Leading companies like Pfizer, Johnson & Johnson, Merck and Medtronic play key roles in this sector.

Gems and Precious Metals

Exceeding $33 billion annually, gems and precious metals are significant exports for the USA, showcasing the nation expertise in the global luxury market. These include diamonds, gold, silver, and other rare stones. The USA is known for producing high-quality gems and precious metals, which are often used in jewelry and luxury items. This industry contributes significantly to the country’s economy and global trade. Key American companies like Tiffany & Co., Signet Jewelers, and Newmont Corporation lead this sector.

Conclusion

The United States is a strong global economic leader with top exports across key industries.Every year, they export a lot of products across different industries like aerospace, machinery, pharmaceuticals, electronics, agriculture and gems. These exports help trade around the world and make the American economy stronger.

Each industry, like aerospace, which sells over $100 billion worth of goods, and machinery, which sells over $200 billion shows how strong America is. Other industries like pharmaceuticals, electronics, agriculture, and gems also sell a lot, showing how good American products are.

As the world changes, America keeps being a top exporter. It helps trade, makes the economy better and builds relationships with other countries.

Related Links

1. What is Export Procedure?

2. Exporting and Importing – Meaning, Advantages and Disadvantages

3. Interesting Facts About the United States

FAQs on Top 10 Products Exported From USA

What is America’s biggest food export?

Soyabean is America’s biggest food export.

What are the top products exported from the USA?

The top products exported from the USA include machinery, electrical machinery, vehicles, aircraft, mineral fuels, plastics, pharmaceuticals, optical and medical equipment, organic chemicals, and gems and precious metals.

Which countries are the biggest buyers of these products?

The biggest buyers of these products vary depending on the type of product. However, some of the largest importers include Canada, Mexico, China, Germany, Japan, and the United Kingdom.

How do these exports benefit the USA?

These exports benefit the USA by generating revenue, supporting domestic industries, boosting economic growth, and fostering international trade relationships.

Which Indian product is in high demand in USA?

Leather Items – Leather products are defined as the significant goods that India exports to the USA.



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