List of exports of the United States
From Wikipedia, the free encyclopedia
The following is a list and analysis of exports from the United States for 2020 and 2019 in millions of United States dollars.[1][2] The United States exported $2,131.9 billion worth of goods and services in 2020, down $396.4 billion from 2019. This consisted of $1,434.8 billion worth of goods and $697.1 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.[1][2] The large decline in exports in 2020 has been attributed to the effects of COVID-19 pandemic.[3] Some key highlights of the 2020 data are:
- Exports of goods decreased $217.7 billion to $1,434.8 billion in 2020.[1][2]
- Weapons sales increased to 205 billion
- Capital goods decreased $87.5 billion.
- Civilian aircraft decreased $27.4 billion.
- Civilian aircraft engines decreased $18.4 billion.
- Industrial supplies and materials decreased $59.2 billion.
- Other petroleum products decreased $15.5 billion.
- Crude oil decreased $14.8 billion.
- Fuel oil decreased $13.3 billion.
- Automotive vehicles, parts, and engines decreased $35.3 billion.
- Automotive parts and accessories decreased $13.3 billion.
- Passenger cars decreased $10.5 billion.
- Consumer goods decreased $30.8 billion.
- Gem diamonds decreased $8.5 billion.
- Artwork, antiques and other collectibles decreased $4.5 billion.
- Jewelry decreased $4.4 billion.
- Capital goods decreased $87.5 billion.