Export of Goods Value from United States (1990-2023)

The United States has consistently been one of the largest exporters globally, with its export of goods value growing from $393.6 billion in 1990 to $2.02 trillion in 2023. The 1990s and early 2000s saw steady growth, particularly in technology, machinery, and agricultural products, which bolstered exports. In 2000, exports reached $781 billion, marking the beginning of a period of expansive trade growth. The years following saw continued robust growth, reaching a peak of $1.29 trillion in 2008, driven by the global demand for U.S. products.

The 2008 financial crisis caused a significant contraction in exports, which fell to $1.06 trillion in 2009. However, the U.S. export sector rebounded quickly, fueled by recovery in sectors such as aerospace and chemicals. By 2018, exports had surged to $1.66 trillion, aided by international trade agreements and a strong U.S. dollar. The impact of the COVID-19 pandemic saw a slight dip in exports to $1.42 trillion in 2020. Nevertheless, the U.S. export of goods value rebounded strongly in the following years, reaching new highs, culminating in $2.06 trillion in 2022. The 2023 value of $2.02 trillion reflects the resilience of the U.S. export market, driven by strong global demand and the country's diversified export portfolio.