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Monitor Report of UNITED STATES trade and UNITED STATES-China binational trade in 202106

 1.  Overview the trade of UNITED STATES in goods current year until 202106

According to Dalian Infobank, in 202106UNITED STATES's exports and imports of goods amounted to 390569.9332 million, and were up 37.15% comparing with the same period of last year. Among these, exports were up 40.59% at 147680.5571 million, and imports were up 35.14% at 242889.3762 million. And the corresponding trade deficit was 95208.8191 million and up 27.48%.

During the current year until 202106, UNITED STATES's total exports and imports of goods were 2176458.0051 million and were up 23.29% comparing to the same period of last year. Among these, exports were 839956.3610 million and up 22.24%; imports were 1336501.6441 million and up 23.96%. The total trade deficit was 496545.2831 million and up 26.99%.

If considering by country (region), MEXICO, CANADA, CHINA, JAPAN, GERMANY were UNITED STATES's top five trading partners. During the current year until 202106, UNITED STATES's imports and exports to five countries/territories were 319969.3708 million, 316731.2435 million, 300722.3702 million, 103826.8378 million, 97435.0351 million. These values correspond to 14.70%, 14.55%, 13.82%, 4.77%, 4.48% of UNITED STATES's imports and exports, and, respectively, were up 31.63%, up 29.28%, up 30.35%, up 15.17%, up 18.64% comparing to the same period of last year.

Current year until 202106, UNITED STATES and the top five trade partners CANADA, MEXICO, CHINA, JAPAN, SOUTH KOREA are the top five countries/territories that UNITED STATES exports to in terms of the total export amount. During the current year until 202106, UNITED STATES's exports to these five countries/territories were 148495.1934 million, 133529.4445 million, 71086.9425 million, 36757.0097 million, 33179.1835 million. These values correspond to 17.68%, 15.90%, 8.46%, 4.38%, 3.95% of UNITED STATES's exports and, respectively, were up 24.84%, up 34.83%, up 43.64%, up 10.74%, up 26.02% comparing with the same period of last year.

Current year until 202106, UNITED STATES's exports to top five countries/territories CHINA, MEXICO, CANADA, JAPAN, GERMANY are the top five countries/territories that UNITED STATES imports from in terms of the total export amount. During the current year until 202106, UNITED STATES's imports from these five countries/territories were 229635.4277 million, 186439.9263 million, 168236.0501 million, 67069.8281 million, 65457.7210 million. These values correspond to 17.18%, 13.95%, 12.59%, 5.02%, 4.90% of UNITED STATES's total imports and, respectively, were up 26.73%, up 29.42%, up 33.46%, up 17.75%, up 20.01% comparing with the same period of last year.

During the current year until 202106, the trade surplus of UNITED STATES was mainly from HONG KONG, NETHERLANDS, BRAZIL, AUSTRALIA, BELGIUM at 13417.9829 million, 10514.6647 million, 7246.0707 million, 7076.7623 million, 5611.1516 million, and up 134.55%, up 15.09%, up 17.77%, up 85.44%, up 48.91%. And the trade deficits were mainly from CHINA, MEXICO, VIETNAM, GERMANY, JAPAN at 158548.4852 million, 52910.4818 million, 42095.3010 million, 33480.4068 million, 30312.8184 million, and up 20.37%, up 17.52%, up 50.52%, up 24.16%, up 27.52%.

Current year until 202106, UNITED STATES's trade surplus or deficit with top five countries/territories During the current year until 202106,  commodities with hs2 codes, 84, 85, 87, 27, 30, were UNITED STATES's top five traded commodities. They correspond to the import and export values of 301455.2284 million, 276476.5345 million, 202227.4586 million, 198448.2147 million, 104535.4150 million, which were up 19.73%, up 23.76%, up 38.49%, up 40.16%, up 8.47% comparing with the same period of last year and account for 13.85%, 12.70%, 9.29%, 9.12%, 4.80% of UNITED STATES's total imports and exports.

During the current year until 202106, 27, 84, 85, 87, 90 were UNITED STATES's top five traded commodities, with total import and export values of 104564.0476 million, 102832.6721 million, 90720.4171 million, 62431.6789 million, 45244.0793 million. These values correspond to 12.45%, 12.24%, 10.80%, 7.43%, 5.39% of UNITED STATES's total exports and, respectively, were up 31.45%, up 17.15%, up 16.47%, up 41.91%, up 11.26% comparing to the same period of last year.

During the current year until 202106, 84, 85, 87, 27, 30 were UNITED STATES's top five traded commodities, with total import values of 198622.5563 million, 185756.1174 million, 139795.7797 million, 93884.1672 million, 71981.2494 million. These values correspond to 14.86%, 13.90%, 10.46%, 7.02%, 5.39% of UNITED STATES's total exports and, respectively, were up 21.11%, up 27.66%, up 37.01%, up 51.31%, up 3.12% comparing to the same period of last year.


2. Current year until 202106, UNITED STATES binational trade profile

According to Dalian Infobank, during the current year until 202106, UNITED STATES-China binational exports and imports of goods amounted to 300722.3702 million and were up 30.35% comparing with the same period of last year. Among these, exports from UNITED STATES to China were 71086.9425 million and up 43.64%, imports from China to UNITED STATES were 229635.4277 million and up 26.73%. The total binational trade deficit was 158548.4852 million and up 20.37%.

During the urrent year until 202106, commodities with hs2 code, 85, 84, 39, 95, 94, were binational trade's top five traded commodities. They correspond to import and export values of 67440.5476 million, 61119.0793 million, 15551.0118 million, 13838.8208 million, 13252.8425 million and makes up 22.43%, 20.32%, 5.17%, 4.60%, 4.41% of the total binational imports and exports. These values were also up 28.00%, up 27.15%, up 40.40%, up 104.91%, up 36.62% comparing to the same period last year.

During the current year until 202106, 85, 84, 27, 90, 10 were the top five traded commodities exported to China from UNITED STATES, with export values of 10292.7599 million, 8227.4078 million, 6660.2066 million, 5262.6396 million, 4941.8865 million. These values account for 14.48%, 11.57%, 9.37%, 7.40%, 6.95% of UNITED STATES's total exports and were up 26.10%, up 25.95%, up 125.57%, up 17.82%, up 637.42% comparing to the same period of last year.

During the current year until 202106, 85, 84, 95, 94, 39 were UNITED STATES's top five traded commodities importing from China , with import values of 57147.7878 million, 52891.6716 million, 13779.7612 million, 13169.2339 million, 12430.7423 million. These values account for 24.89%, 23.03%, 6.00%, 5.73%, 5.41% of UNITED STATES's total imports and were up 28.35%, up 27.34%, up 105.68%, up 36.94%, up 47.27% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: U.S. Census Bureau