At The Present Time, the U.S. is the largest Importer in the world. In the previous year, U.S. Imported goods & services worth $2.83 Trillion US Dollars.
The import sector of the U.S. is increasing very fastly. As per the U.S. Import Data, It has increased by 27% in the last year. Or in December 2021 only they did import activity worth $308 Billion US Dollars.
In this blog, we will tell you about the top 5 import commodities which have generated the most amount in the import sector.
They are importing lots of products from across the world and want to boost their import sector to the next level. So we are here to show you the top 5 imports of the U.S. which are written below –
In the below list & Graph, we mentioned the name of the top 5 import products of the U.S. also their total generated USD Value in a year.
- Machinery (including computers and hardware) – Machinery is the major Import product of the U.S. in the last year, Machinery (including computers and hardware) is imported the most in the United States of America with a total import Trade Value of $386.4 Billion US Dollars in the year 2021 which helps U.S. Import to boast its Import economy by 3 percent in the international trade sector.
- Electrical machinery – electrical machinery is the 2nd largest imported product of the USA which recorded a total import trade value of $367.4 Billion US Dollars in the year 2021. Its public demand is increased by 4 percent in the year 2021. And there is a prediction because of the huge demand for Electric machinery equipment the import of electrical machinery is going to increase by 5 to 7 percent in the upcoming years.
- Vehicles and automobiles – We all know that the USA is popular in the world for its large no of vehicles on the road. The Import of Vehicles in the USA is increased by 5 percent in the last 5 years. In terms of value, In the last year Vehicles and automobiles generated a total of worth $306.7 Billion US Dollars.
- Minerals, fuels, and oil – the demand for Mineral fuels and oil in the United States & America is very high many importers love to import mineral fuels & oil because their Importing Value is so low but supplying value is so high which leads to the value worth of $241.4 Billion US Dollars in the year 2021.
- Pharmaceuticals – medical & pharmaceutical equipment are on a demand since last year because of Covid-19. As we all know the whole world is suffering from the epidemic Pandemic named Covid-19 which leads Crisis throughout the world. And pharmaceutical equipment become an essential need of every country. At that time the demand is at its peak and it leads pharmaceutical products to generate a total of $116.3 Billion US Dollars in the year 2021.
Conclusion – In this blog, we give you information about what are the Major U.S. Imports. In which we give the information of top 5 Import products in detail explaining why it is on the demand and how much it generated in a year. So we are assuming that the information is enough if you want to know more then you are free to mail us your query at Info@eximtradedata.com, call us at tel:+91-9625812393, or gather more information about the global Import-export data from Exim Trade Data.