Top 10 US Exports in 2024: A Deep Dive into Trade Trends and Global Reach

In the ever-evolving world of international commerce, the United States has cemented its place as one of the world’s leading exporters. Backed by cutting-edge technology, diverse natural resources, and a strong manufacturing base, US exports play a crucial role in driving the national economy and shaping global trade flows. According to recent US export data, the country exported a staggering $1.29 trillion worth of goods in the first half of 2024 alone, reaffirming its position as the second-largest exporter globally.
This article explores the top 10 US exports in 2024, identifies the US main exports by industry, and highlights the leading international trade partners. With insights derived from the latest data, we aim to provide valuable takeaways for policymakers, business leaders, and investors eyeing global market trends.
US Export Overview: Economic Significance
Exports are a critical engine of economic growth for the United States, contributing significantly to GDP and job creation. In the first two quarters of 2024, US exports contributed nearly 10% to the national GDP, according to official US export data. From aircraft and vehicles to pharmaceutical products and precious metals, the US export portfolio is broad and dynamic.
One of the key highlights is the country’s positive trade balance, amounting to $360 billion, which reflects the competitiveness of American industries in international markets. Let’s take a closer look at the top-performing categories of 2024.
Top 10 US Exports in 2024
1. Mineral Fuels and Mineral Oils – $81.28 Billion
Leading the top 10 US exports, this category represents over 16% of total exports. With global demand for energy on the rise, the US—home to giants like ExxonMobil, Chevron, and ConocoPhillips—remains a key supplier of crude oil, gas oil, and refined products.
2. Nuclear Reactors, Machinery & Mechanical Appliances – $60.09 Billion
America’s strength in manufacturing and engineering is reflected in this sector, which contributes nearly 12% of total exports. Major players like GE, Caterpillar, and John Deere drive this segment.
3. Electrical Equipment & Machinery – $50.08 Billion
With the digital economy booming, this segment—covering everything from semiconductors to consumer electronics—commands a 9.87% share. Tech leaders such as Intel, Apple, and Texas Instruments dominate this space.
4. Vehicles (Excluding Rail) – $35.48 Billion
The US automobile industry remains strong, with key exports in cars and auto parts. Ford, General Motors, and Tesla contribute significantly to this category.
5. Aircraft, Spacecraft & Parts – $30.92 Billion
As the world’s top aerospace exporter, the US benefits from innovative firms like Boeing and Lockheed Martin. This high-tech category makes up over 6% of total US exports.
6. Optical, Photographic, Measuring & Medical Instruments – $26.37 Billion
Precision tools and instruments are part of a growing segment tied closely to healthcare, defense, and research. The US is a global hub for innovation in this space.
7. Pharmaceutical Products – $22.13 Billion
Pharmaceuticals have seen continuous growth, bolstered by demand from developing countries and advanced healthcare systems. Key contributors include Pfizer, Johnson & Johnson, and Merck.
8. Precious Stones & Metals – $21.14 Billion
This export category includes gold, silver, and diamonds, where US companies like Tiffany & Co. and Newmont Corporation play a vital role.
9. Plastics and Articles Thereof – $20.07 Billion
Used across industries like automotive, packaging, and construction, plastics are a significant export. Companies like Dow, ExxonMobil, and LyondellBasell lead this field.
10. Miscellaneous Commodities – $16.09 Billion
This broad category includes goods not elsewhere specified but still essential in trade flows.
US Main Exports by Country
The strength of US exports is not just in what it produces but in where it exports. In 2024, key destinations for American products were:
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Canada – $85.69B (17.5% of exports)
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Mexico – $80.16B (16%)
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China – $36.85B (7.3%)
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Netherlands – $22B
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Germany – $19.82B
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Japan – $18.97B
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United Kingdom – $18.73B
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South Korea – $16.68B
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France – $11.71B
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Brazil – $11.53B
Together, these countries account for over 63% of all US exports, illustrating the importance of trade agreements, regional proximity, and diplomatic ties.
North American neighbors Canada and Mexico alone make up one-third of all exports due to favorable trade frameworks like USMCA. Europe receives 23.8%, and Asia follows with 29.6% of total US exports.
Industry Leaders in US Exports
Some of the world’s most recognizable brands are behind America’s global trade success. Here are some of the top US exporters by industry:
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Chevron Corporation – Energy
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Apple – Electronics
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Boeing – Aerospace
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AbbVie – Pharmaceuticals
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Cisco Systems – Telecommunications Equipment
These companies continue to innovate and deliver world-class products, ensuring the US retains its competitive edge.
US Export Data: Insights from 2024
A closer look at US export data for 2024 reveals key trends and economic signals:
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Quarter 1 Exports: $507.32 billion
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Quarter 2 Exports: $791.4 billion
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First Half Total: $1.29 trillion
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Biggest Jump: Automobiles and parts grew by $1.4 billion
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Biggest Decline: Commercial chemicals dropped by $1.7 billion
These shifts highlight the evolving demand landscape and the need for agile strategies to tap into fast-changing markets.
US Export Performance Over the Past Decade
Year | Export Value |
---|---|
2013 | $1.57T |
2014 | $1.61T |
2015 | $1.50T |
2016 | $1.45T |
2017 | $1.54T |
2018 | $1.66T |
2019 | $1.64T |
2020 | $1.42T |
2021 | $1.75T |
2022 | $2.06T |
2023 | $2.01T |
2024 (H1) | $1.29T |
Based on the current trajectory, 2024 is on track to surpass 2023’s $2.01 trillion, maintaining a strong recovery post-pandemic and signaling long-term economic resilience.
Conclusion: A Bright Future for US Trade
In summary, the US main exports for 2024 continue to span a broad array of industries, led by mineral fuels, machinery, electronics, and pharmaceuticals. This export strength reflects both industrial excellence and global trust in American quality and innovation.
As US export data shows, there are ample growth opportunities—especially in North America, Asia, and Europe—for companies seeking to expand internationally. With strategic trade policies and sustained investment in manufacturing, the US is poised to further enhance its role in global commerce.
Whether you’re a policymaker, exporter, investor, or researcher, understanding the top 10 US exports and monitoring trade data is crucial for navigating today’s dynamic international economy.