July 2024 Trade Data Summary

Monthly Trade Data Summary

July 2024 Trade Data Is Live

Key highlights from the latest U.S. Census Bureau release

Key Metrics

Headline trade figures for July 2024

Total Imports

$287.7B

+8.3% vs prior month

Total Exports

$168.9B

-3.0% vs prior month

Trade Balance

$118.8B

Deficit

Biggest Increases

Products with the highest absolute import growth this month

#	Product	Current Value	Prior Month	Change
1	PARTS & ACCESSORIES FOR ADP MACHINES & UNITSHS 847330	$6.6B	$4.3B	+54.5%
2	CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALSHS 270900	$16.5B	$14.6B	+13.2%
3	MEDICAMENTS NESOI, MEASURED DOSES, RETAIL PK NESOIHS 300490	$7.5B	$6.3B	+18.9%
4	GOLD, NONMONETARY, UNWROUGHT NESOIHS 710812	$1.9B	$807.9M	+139.3%
5	POLYPEPTIDE PROTEIN& GLYCOPROTEIN HORMONES &DERIVHS 293719	$1.3B	$389.6M	+233.9%

#1PARTS & ACCESSORIES FOR ADP MACHINES & UNITSHS 847330

Value: $6.6BPrev: $4.3B

#2CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALSHS 270900

Value: $16.5BPrev: $14.6B

#3MEDICAMENTS NESOI, MEASURED DOSES, RETAIL PK NESOIHS 300490

Value: $7.5BPrev: $6.3B

#4GOLD, NONMONETARY, UNWROUGHT NESOIHS 710812

Value: $1.9BPrev: $807.9M

#5POLYPEPTIDE PROTEIN& GLYCOPROTEIN HORMONES &DERIVHS 293719

Value: $1.3BPrev: $389.6M

Biggest Decreases

Products with the largest import decline this month

#	Product	Current Value	Prior Month	Change
1	COMP WITH PYRIMIDINE OR PIPERAZINE RING, NESOIHS 293359	$74.3M	$1.4B	-94.6%
2	PASS MTR VEH,SPARK IGN ENG, >1000CC BUT =<1500CCHS 870322	$1.9B	$2.6B	-25.7%
3	IMMUNOLOGICAL PRODUCTS, IN MEASURED DOESE/RTL SALEHS 300215	$5.6B	$6.2B	-10.4%
4	MTR VEH TRANS GDS SPK IG IN C P ENG, GVW NOV 5 MTNHS 870431	$1.9B	$2.2B	-13.4%
5	AIRPLANE & A/C UNLADEN WGHT > 2000, NOV 15000 KGHS 880230	$271.8M	$553.0M	-50.8%

#1COMP WITH PYRIMIDINE OR PIPERAZINE RING, NESOIHS 293359

Value: $74.3MPrev: $1.4B

#2PASS MTR VEH,SPARK IGN ENG, >1000CC BUT =<1500CCHS 870322

Value: $1.9BPrev: $2.6B

#3IMMUNOLOGICAL PRODUCTS, IN MEASURED DOESE/RTL SALEHS 300215

Value: $5.6BPrev: $6.2B

#4MTR VEH TRANS GDS SPK IG IN C P ENG, GVW NOV 5 MTNHS 870431

Value: $1.9BPrev: $2.2B

#5AIRPLANE & A/C UNLADEN WGHT > 2000, NOV 15000 KGHS 880230

Value: $271.8MPrev: $553.0M

Country Shifts

Countries with the biggest changes in import value this month

CHINA

$40.9B imports

prev $34.2B

TAIWAN

$13.0B imports

prev $9.9B

CANADA

$35.9B imports

prev $34.4B

JAPAN

$13.1B imports

prev $11.7B

GERMANY

$14.3B imports

prev $12.9B

Explore More

Dive deeper into the data behind this release

Opportunities

Scored trade opportunities based on growth and value

Trends

Monthly import and export trends over time

Products

Browse all HS product categories and detailed profiles