What Are the Top U.S. Exports? (2024)

The International Trade Blog What Are the Top U.S. Exports? (1)

On: February 28, 2024 | By:What Are the Top U.S. Exports? (2)Kari Crane | 4 min. read

What Are the Top U.S. Exports? (3)

As the world’s largest trading nation, with $5.1 trillion in trade in 2023, the United States is a cornerstone of the global economy. Currently, the U.S. has trade relations with more than 200 countries, territories and regional associations around the globe.

In this article, we’ll share the top U.S. exports for 2023 based on the most recent numbers available, the regions that purchase the most U.S. exports, and explain how exporters can pursue exporting to these markets.

Top 5 U.S. Exports

As the second-largest exporter in the world—outranked only by China—total U.S. exports for 2023 climbed to $3.1 trillion, a new record, up $35.0 billion from 2022, according to Census Bureau data. According to data through December 2023, the following are the United States’ top exports by value:

  1. Oil
  2. Civilian Aircraft Parts
  3. Gasoline and Other Fuels
  4. Liquified Natural Gas (LNG) and Other Petroleum Gases
  5. Passenger Vehicles

What Are the Top U.S. Exports? (4)

Following is a closer look at each of these U.S. exports.

1. Oil: $117 billion

Oil exports held steady, growing by just .11% from $117.03 billion in 2022 to $117.16 billion in 2023, though the share of total U.S exports increased from 5.7% to 5.8%. The main export destinations for these exports from the U.S. in December were:

  • The Netherlands
  • South Korea
  • Canada

2. Civilian Aircraft Parts: $113 billion

Compared to last year, civilian aircraft parts exports are up 20.82%, and they make up 5.6% of total U.S. exports. The main export destinations for these exports from the U.S. in December were:

  • France
  • Germany
  • Brazil

What Are the Top U.S. Exports? (5)3. Gasoline and Other Fuels: $113 billion

Compared to last year, gasoline and other fuel exports are down 16.64%, and they make up 5.6% of total U.S. exports. The main export destinations for these exports from the U.S. in December were:

  • Mexico
  • Canada
  • The Netherlands

4. Liquified Natural Gas (LNG) and Other Petroleum Gases: $68 billion

Compared to last year, liquified natural gas (LNG) and other petroleum gas exports decreased 29.80% and made up 3.3% of total U.S. exports. The main export destinations for these exports from the U.S. in December were:

  • Japan
  • Mexico
  • United Kingdom

5. Passenger Vehicles: $63 billion

Compared to last year, passenger vehicle exports increased 8.96% and made up 3.1% of total U.S. exports. The main export destinations for these exports from the U.S. in December were:

  • Canada
  • Germany
  • United Arab Emirates

Additionally, some of the other most-exported products from the U.S. include: plasma, vaccines and blood; motor vehicle parts; computer chips; cell phones and related equipment; medical instruments; medicines in individual doses; computers; soybeans; and gold.

Regions America Exports to Most

What Are the Top U.S. Exports? (6)

The top purchasers of U.S. goods exports in 2023 were:

  • Mexico: 16% of total exports, $799 billion
  • Canada: 15% of total exports, $774 billion
  • China: 11% of total exports, $575 billion
  • Germany: 4.6% of total exports, $236 billion
  • Japan: 4.4% of total exports, $224 billion

These are the same five countries that were on this list in 2022.

What Are the Top U.S. Exports? (7)

Stop Winging It: Develop a Winning Export Strategy

Typically, exporters already know what they’re going to export—they simply need some help or guidance to get it done. Fulfilling random international orders without a cohesive plan will lead to unforeseen issues—jeopardizing your profits and potentially violating regulations.

Our free whitepaper, Developing Your Export Strategy, equips you with the knowledge and guidance to navigate the global market confidently.

Dive into these key areas:

  • Market Research & Planning
  • Export & Import Regulations
  • Shipping & Logistics
  • Export Documentation
  • International Payment Options

By creating a strategic plan, you'll not only avoid costly pitfalls but also maximize your export profits. Download the free guide now.

Like what you read?Subscribe todayto the International Trade Blog to get the latest news and tips for exporters and importers delivered to your inbox.

What Are the Top U.S. Exports? (8)

About the Author: Kari Crane

Kari Crane is the editor of Passages: The International Trade Blog. Kari joined Shipping Solutions after working as an editor, writer and designer at a major market newspaper in Texas. Kari has spent her career finding different ways to tell stories and make complex topics easy-to-understand, so she loves helping importers and exporters understand how to navigate the complex world of international trade.

What Are the Top U.S. Exports? (2024)
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