Trade in United States of America
United States of America: Trade was 25.0% in 2024. ▲ Rising
Trade in United States of America, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, trade in United States of America stood at 25.0%.
That represents a change of up 0.3% on the previous year and down 16.4% over ten years.
Over the whole period, trade in United States of America peaked at 30.8% in 2011 and was at its lowest, 10.8%, in 1971.
That places United States of America 190th out of 193 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Trade in United States of America, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 10.8% | — |
| 1971 | 10.8% | -0.0% |
| 1972 | 11.3% | +5.4% |
| 1973 | 13.1% | +15.3% |
| 1974 | 16.4% | +25.7% |
| 1975 | 15.5% | -5.6% |
| 1976 | 16.0% | +3.4% |
| 1977 | 16.4% | +2.3% |
| 1978 | 17.0% | +3.4% |
| 1979 | 18.4% | +8.3% |
| 1980 | 20.1% | +9.4% |
| 1981 | 19.4% | -3.4% |
| 1982 | 17.5% | -9.7% |
| 1983 | 16.7% | -5.0% |
| 1984 | 17.5% | +5.1% |
| 1985 | 16.6% | -5.2% |
| 1986 | 16.9% | +1.8% |
| 1987 | 18.0% | +6.4% |
| 1988 | 19.1% | +6.1% |
| 1989 | 19.4% | +1.8% |
| 1990 | 19.8% | +2.1% |
| 1991 | 19.8% | -0.1% |
| 1992 | 20.0% | +0.8% |
| 1993 | 20.0% | +0.5% |
| 1994 | 21.1% | +5.0% |
| 1995 | 22.5% | +6.6% |
| 1996 | 22.7% | +1.0% |
| 1997 | 23.4% | +3.3% |
| 1998 | 22.8% | -2.6% |
| 1999 | 23.3% | +2.1% |
| 2000 | 25.1% | +7.7% |
| 2001 | 23.0% | -8.5% |
| 2002 | 22.3% | -3.0% |
| 2003 | 22.6% | +1.5% |
| 2004 | 24.4% | +8.0% |
| 2005 | 25.6% | +4.9% |
| 2006 | 27.0% | +5.2% |
| 2007 | 28.0% | +3.8% |
| 2008 | 29.9% | +6.6% |
| 2009 | 24.8% | -17.1% |
| 2010 | 28.2% | +14.0% |
| 2011 | 30.8% | +9.3% |
| 2012 | 30.7% | -0.5% |
| 2013 | 29.9% | -2.4% |
| 2014 | 29.9% | -0.1% |
| 2015 | 27.7% | -7.4% |
| 2016 | 26.5% | -4.5% |
| 2017 | 27.1% | +2.5% |
| 2018 | 27.4% | +1.2% |
| 2019 | 26.3% | -4.3% |
| 2020 | 23.1% | -11.9% |
| 2021 | 25.2% | +9.0% |
| 2022 | 26.9% | +6.6% |
| 2023 | 24.9% | -7.4% |
| 2024 | 25.0% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.6% | 10.8% | 18.4% | 10 |
| 1980s | 18.1% | 16.6% | 20.1% | 10 |
| 1990s | 21.5% | 19.8% | 23.4% | 10 |
| 2000s | 25.3% | 22.3% | 29.9% | 10 |
| 2010s | 28.5% | 26.3% | 30.8% | 10 |
| 2020s | 25.0% | 23.1% | 26.9% | 5 |
Countries ranked near United States of America
- 187 Turkmenistan 28.2% compare
- 188 Bangladesh 28.0% compare
- 189 Pakistan 27.2% compare
- 191 Venezuela, Bolivarian Republic of 25.0% compare
- 192 Haiti 15.9% compare
- 193 Sudan 2.4% compare
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate 3.49 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1748 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 15,061 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 6.58 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.1404 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 12,099 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 6.58 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.1404 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is trade in United States of America?
- Trade in United States of America was 25.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in United States of America?
- The highest recorded value was 30.8% in 2011.
- What is the lowest trade recorded in United States of America?
- The lowest recorded value was 10.8% in 1971.
- How does United States of America rank for trade?
- United States of America ranks 190th out of 193 countries with data for 2024.
- Is trade rising or falling in United States of America?
- Over the last ten years it is down 16.4%. The long-run trend across the full record is rising.
- Where does this United States of America data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.