What is the US's Biggest Export?

In terms of value, the United States' No. 1 exported goods are aircraft, spacecraft and their parts, with the U.S. exporting more than $70 billion US Dollars (USD) worth a year — about 5 percent of the country's total export market. The next-largest categories in terms of value are refined oils and lubricants, medication and soybeans.

More facts about U.S. trade:

  • The top U.S. trade partners are Canada, Mexico and China, in that order. The U.S. has a trade deficit with each of these countries.

  • The biggest U.S. import in terms of value is crude oil, which accounts for almost $200 billion USD annually.

  • Besides goods, the U.S. has a healthy service export market, which accounts for about 25 percent of the export market. This includes things such as insurance policies, royalties and licensing fees.

Follow wiseGEEK:

More Info:

Discuss this Article

Post your comments

Post Anonymously


forgot password?



Free Widgets for your Site/Blog

The U.S. Coast Guard led the evacuation of more than 500,000 people from Lower Manhattan on 11 September 2001.  more...
September 27 ,  1940 :  The World War II Axis powers formed with the signing of the Tripartite Pact.  more...