USA Total Imports in 2024: US Import by Country

The United States continued its trend of being the largest importer of goods in the world in 2024. With a diverse economy and a strong consumer base, the US imports goods from a variety of countries around the globe. According to the US import data, the total value of US imports reached $3.35 trillion in 2024 with an increase of 6% as compared to the previous year. As per the US shipment data for 2024, Nuclear reactors and machinery ($531.14 billion) are the biggest imports of the US, while Mexico ($509.98 billion) is the largest import partner of the US. The USA has a 13.5% import share in global trade in 2024. In 2024, the US trade deficit grew by $133.5 billion, or 17%, over 2023. In this article, let's take a closer look at the total US imports in 2024 along with US imports by country, with a key focus on the latest import trends.

List of Top US Import Commodities in 2024: USA Import Data by HS Code

In 2024, the top US import commodities based on the HS Code provide valuable insights into the US trade activities. Staying well-informed about the prominent US import commodities in 2024 is instrumental in optimizing trade practices and achieving success in the competitive import landscape.

• The value of capital goods, such as computers, semiconductors, and other industrial apparatuses, rose by $103.3 billion in 2024.
• Consumer goods in 2024, such as pharmaceutical preparations, automobiles, food, and beverages, saw a $48.4 billion increase.
• Other imports, such as computer accessories, games, toys, sports items, and mobile phones increased by $11.4 billion in 2024.

The top 10 products that the US imports, as per the US import shipment data and US trade records for 2024 include:

1. Nuclear reactors and machinery (HS code 84): $531.15 billion

Nuclear reactors and machinery top the list of US imports in 2024, accounting for 15.81% of the total import value at $531.15 billion. The United States relies heavily on imported nuclear reactors and machinery for its energy needs and technological advancements.

2. Electrical machinery and equipment (HS code 85): 485.88 billion

Electrical machinery and equipment come in second as per US import data by HS code, with a total import value of $485.88 billion, representing 14.46% of the US import market in 2024. These products are crucial for a wide range of industries, including telecommunications, manufacturing, and transportation.

3. Vehicles (HS code 87): $391.46 billion

Vehicles, such as cars, trucks, and motorcycles, hold the third spot on the list of top US imports, with a total import value of $391.46 billion and accounting for 11.65% of the market share. The US automotive industry heavily relies on imported vehicles to meet consumer demands.

4. Mineral fuels and mineral oils (HS code 27): $251.12 billion

Mineral fuels and oils are also significant imports for the United States, with a total import value of $251.12 billion, representing 7.48% of the market share in 2024. These commodities are essential for various industries, including transportation and manufacturing.

5. Pharmaceutical products (HS code 30): $212.66 billion

Pharmaceutical products are crucial imports for the US, with a total import value of $212.66 billion, making up 6.33% of the market share. The US healthcare system relies heavily on imported pharmaceutical products to meet the medical needs of its population.

6. Commodities not elsewhere specified (HS code 99): $127.98 billion

Commodities not elsewhere specified come in sixth, with a total import value of $127.98 billion and accounting for 3.81% of the US import market in 2024. These miscellaneous imports cover a wide range of products that do not fall into specific categories.

7. Optical, medical, or surgical instruments (HS code 90): $124 billion

Optical, medical, or surgical instruments are also significant imports for the United States, with a total import value of $124 billion, representing 3.72% of the market share. These products are essential for the healthcare industry, research, and development.

8. Precious stones and metals (HS code 71): $89.69 billion

Precious stones and metals hold the eighth spot on the list of top US imports, with a total import value of $89.69 billion and accounting for 2.67% of the market share. These commodities are used in various industries, including jewelry, electronics, and manufacturing.

9. Plastics and articles thereof (HS code 39): $78.23 billion

Plastics and articles thereof are essential imports for the United States, with a total import value of $78.23 billion, making up 2.33% of the market share in 2024. These products are used in manufacturing, packaging, and construction industries.

10. Furniture; bedding, and mattresses (HS code 94): $72.63 billion

Furniture, bedding, and mattresses round up the list of top US imports in 2024, with a total import value of $72.63 billion and accounting for 2.16% of the market share. These products are crucial for the US retail industry and consumer market.

Top US Import Partners in 2024: US Imports by Country

In 2024, the United States continued to maintain its robust trade relationships with its top import partners. The US is the biggest importer in North America, as per the North America trade data. As evidenced by the data on US imports by country, key trade partners such as China, Mexico, and Canada remain foundational entities in the US import landscape. The top 10 import partners of the US from where the US imports the most goods, as per the US bill of lading data and USA shipment data for 2024 include:

1. Mexico: 15.2% ($509.98 billion)

Mexico remains a key player in the US import market, accounting for 15.2% of total imports in 2024. With proximity and strong trade agreements, Mexico has been a reliable partner for the US, particularly in the automotive, electronics, and agriculture sectors.

2. China: 13.8% ($462.63 billion)

Despite ongoing trade tensions, China continues to be a major import partner for the US, contributing 13.8% to total imports in 2024. The electronics, machinery, and consumer goods sectors heavily rely on Chinese imports, showcasing the strong trade relationship between the two countries.

3. Canada: 12.6% ($422.17 billion)

As a neighboring ally, Canada maintains a strong trade relationship with the US, accounting for 12.6% of total imports in 2024. With a focus on energy, automotive, and lumber products, Canada plays a crucial role in the US import market.

4. Germany: 4.9% ($163.54 billion)

Known for its precision engineering and high-quality products, Germany holds a significant position as a US import partner, contributing 4.9% to total imports in 2024. The automotive, machinery, and pharmaceutical industries benefit greatly from German imports.

5. Japan: 4.5% ($152.06 billion)

Japan remains a key player in the US import market, accounting for 4.5% of total imports in 2024. With a focus on technology, automotive, and machinery, Japanese imports continue to drive innovation and competitiveness in the US market.

6. Vietnam: 4.2% ($142.47 billion)

In recent years, Vietnam has emerged as a significant US import partner, contributing 4.2% to total imports in 2024. The textile, footwear, and electronics industries benefit greatly from Vietnamese imports, showcasing the growing trade relationship between the two countries.

7. South Korea: 4% ($135.46 billion)

South Korea plays a crucial role in the US import market, accounting for 4% of total imports in 2024. With a focus on technology, automotive, and steel products, South Korean imports continue to be essential for various US industries.

8. Taiwan: 3.5% ($118.73 billion)

Taiwan remains a significant import partner for the US, contributing 3.5% to total imports in 2024. The electronics, semiconductor, and machinery sectors heavily rely on Taiwanese imports, showcasing the strong trade ties between the two countries.

9. Ireland: 3.1% ($103.75 billion)

Despite its small size, Ireland holds a notable position as a US import partner, accounting for 3.1% of total imports in 2024. With a focus on pharmaceuticals, medical devices, and software, Irish imports play a crucial role in the US market.

10. India: 2.7% ($91.23 billion)

India rounds out the top 10 US import partners, contributing 2.7% to total imports in 2024. The IT services, textiles, and agriculture sectors benefit greatly from Indian imports, highlighting the diverse range of top-quality import products coming from the country.

US Total Imports in the Last 10 Years: Yearly USA Import Data

Conclusion

To conclude, the United States maintained its position as one of the largest importers in the world, with total imports over $3.35 trillion in 2024. With a diverse range of trading partners spanning the globe, the US import by country is expected to be strong and varied as per the United States Census Bureau. From China to Canada, Mexico to Japan, each country plays a unique role in supplying goods to the US market. As the global economy continues to evolve, the US import landscape is sure to see changes, but the demand for high-quality products from around the world will remain constant.

Visit USImportdata to learn more about the latest US import trends in 2024-25. Contact us at info@tradeimex.in and get a list of the top US importers with the USA importers data for 2024.