Last Updated: February 12, 2026
75+ US Manufacturing Trade & Export Statistics for 2025-2026
US manufactured goods exports hit $1.65 trillion in 2024, making America the world's second-largest exporter. But the trade picture is more complicated than that number suggests. The manufactured goods trade deficit ballooned in the first half of 2025, tariff policy shifted dramatically, and reshoring announcements hit new highs while actual manufacturing employment barely moved.
We pulled together over 75 data points from the Census Bureau, Bureau of Economic Analysis, FRED, the U.S. Trade Representative, the Tax Foundation, and other authoritative data sources. This statistical review covers manufacturing export and import data by state and sector, the trade deficit, tariff impacts, top trade partners, and reshoring trends. We update this resource with each monthly trade data release and note any revision to prior figures. Every statistic links to its original source.
$1.65T
US manufactured goods exports in 2024
$903B
Total goods & services trade deficit (2024)
13.5%
Weighted average tariff rate (Feb 2026)
What's in This Report
Manufacturing Exports Overview
Manufacturing drives the majority of what the United States trade economy sells to the rest of the world. In the first two months of 2025, manufactured goods accounted for 61.3% of total exports and total imports of goods continued to rise. That's a massive share, and it shows just how critical factory output is to the country's trade position. The real growth story has been modest, though. Looking at the historical data, inflation-adjusted manufacturing exports grew from $1.58 trillion in 2010 to roughly $1.65 trillion in 2024. Not exactly explosive. The monthly trade data and monthly data releases from the Census Bureau's statistical classification system tell a story of gradual rather than dramatic shipment growth.
1. US manufactured goods exports totaled approximately $1.65 trillion in 2024, up from $1.10 trillion in nominal terms in 2010. — Trace One / US Census Bureau
2. Manufactured goods accounted for 61.3% of total US exports in January-February 2025. — The Global Statistics / Census Bureau
3. Total US exports of goods and services reached $3.23 trillion in 2024, making America the world's second-largest exporter behind China. — GovFacts / Census Bureau / BEA
4. The US generated a record $1.64 trillion in manufacturing exports in 2024, while also performing over half of all business R&D with $372 billion invested. — IndustrySelect / NAM
5. Total US exports in January-February 2025 reached $336.8 billion, up 1.9% compared to the same period in 2024. — The Global Statistics / Census Bureau
6. Services exports contributed $193.4 billion in January-February 2025, while goods exports totaled $355.6 billion for the same period. — The Global Statistics / Census Bureau
7. For every $1.00 spent in manufacturing, there is a total impact of $2.64 on the overall US economy, including indirect and induced impacts. Manufacturing exports amplify this multiplier effect globally. — NAM (2023 IMPLAN data)
Exports by Manufacturing Sector
Three sectors dominate US manufacturing exports: transportation equipment, chemicals, and computer/electronic products. Together they account for roughly half of all manufactured goods leaving the country. Transportation equipment alone, which includes commercial aircraft, vehicles, and parts, is the single biggest category at 18% of all manufacturing exports. The chemicals sector reflects the enormous competitive advantage that cheap shale gas gives American producers.
| Manufacturing Sector | Jan-Feb 2025 Value | Share of Total |
|---|---|---|
| Transportation Equipment | $40.4B | 12.0% |
| Chemicals | $38.6B | 11.5% |
| Computer & Electronic Products | $21.8B | 6.5% |
| Machinery (Non-Electrical) | $20.8B | 6.2% |
| Food & Kindred Products | $13.2B | 3.9% |
| Primary Metal Products | $9.8B | 2.9% |
Source: The Global Statistics / US Census Bureau, Jan-Feb 2025
8. Transportation equipment exports totaled $40.4 billion in January-February 2025, the largest single manufacturing export category. This includes commercial aircraft, automotive vehicles, and specialized transport equipment. — The Global Statistics / Census Bureau
9. Chemical exports reached $38.6 billion in the first two months of 2025, driven by pharmaceuticals and industrial chemicals. The US chemical industry exported over $289 billion in products in 2021, benefiting from cheap natural gas feedstock. — GovFacts / Census Bureau
10. In 2024, transportation equipment, chemicals, and computer/electronic products together accounted for over 51% of all US manufacturing exports. Transportation equipment alone represented 18%. — Trace One / Census Bureau
11. "Mineral fuels, oils, distillation products" (including manufactured petroleum products) leads all US export categories at $320.14 billion annually, followed by "Machinery, nuclear reactors, boilers" at $252.43 billion and "Electrical, electronic equipment" at $213.92 billion. — GovFacts / Census Bureau
12. Civilian aircraft, engines, and parts represent approximately $123-134 billion in annual exports, making aerospace one of America's strongest manufacturing export categories. — GovFacts
13. Plastics and resins exports totaled $80.08 billion, organic chemicals $51.88 billion, and miscellaneous chemical products $37.25 billion. US chemical producers benefit from energy costs that undercut European and Asian competitors. — GovFacts / Census Bureau
14. Capital goods exports, which includes industrial machinery and advanced equipment, reached $59.3 billion in February 2025 alone, with $116.0 billion in the first two months combined. — The Global Statistics / Census Bureau
Top Exporting States for Manufactured Goods
Manufacturing exports are heavily concentrated. Texas alone accounts for roughly 22% of all US goods exports and has held the top ranking for 23 consecutive years. What jumps out from the state-level year-to-date data is how different each state's import and export profile looks. California leads in electronics, Michigan in vehicles, Illinois in pharmaceuticals, and Washington in aerospace. Each state's export strengths mirror its industrial base, and the full year 2024 figures confirm these patterns. Countries like Australia and Singapore also receive significant US manufactured goods, though at smaller volumes than the top partners.
| Rank | State | 2024 Exports | Top Export Product | Largest Market |
|---|---|---|---|---|
| 1 | Texas | $455.0B | Oil & Gas | Mexico |
| 2 | California | $182.3B | Computer Equipment | Mexico |
| 3 | New York | $91.2B | Misc. Manufactured Goods | Canada |
| 4 | Louisiana | $87.0B | Oil & Gas | China |
| 5 | Illinois | $80.8B | Pharmaceuticals | Canada |
| 6 | Florida | $72.2B | Aerospace Products | Brazil |
| 7 | Michigan | $61.6B | Motor Vehicles | Canada |
| 8 | Indiana | $59.9B | Pharmaceuticals | Canada |
| 9 | Washington | $57.8B | Aerospace Products | China |
| 10 | Ohio | $56.6B | Aerospace Products | Canada |
Source: Wikipedia / US Census Bureau / USTR, 2024 data
15. Texas has been the top exporting state for 23 consecutive years, with $455.0 billion in goods exports in 2024. Texas accounts for roughly 22% of all US goods exports. — USTR / Census Bureau
16. Texas generated $38.6 billion in monthly exports as of April 2025, driven by its oil, gas, and chemical industries. — GovFacts / Census Bureau
17. California exported $182.3 billion in goods in 2024, with computer and electronic products as its top export category at $47.9 billion. Key destinations: Mexico ($30.9B), Canada ($16.3B), and China ($14.4B). — USTR / NAM
18. New York ranked 3rd with $91.2 billion in exports in 2024. Illinois was 5th with a record $80.8 billion. Michigan's exports were $61.6 billion, an increase of 7% year-over-year. — USTR
19. Aerospace products and parts are the top export product for 12 states, including Florida, Washington, Ohio, Georgia, Kentucky, Arizona, Connecticut, Maryland, Kansas, Oklahoma, Arkansas, and New Hampshire. — Census Bureau, 2024
20. Pharmaceuticals and medicines are the top export for 6 states: Illinois, Indiana, Pennsylvania, North Carolina, Massachusetts, and Delaware. — Census Bureau, 2024
21. Exports as a share of state GDP ranged from 26.5% for Louisiana to just 0.4% for Hawaii, showing enormous variation in trade dependence across states. — Census Bureau / BEA, 2024
Trade Deficit & Manufacturing Imports
The trade deficit is the elephant in the room. The US imported $4.14 trillion in goods and services in 2024 while exporting $3.23 trillion, leaving a $903.5 billion gap. In manufactured goods specifically, the deficit grew nearly 30% in the first five months of 2025 compared to the same period in 2024. Imports surged 14% in the first half of 2025, partly driven by companies front-loading purchases ahead of expected tariff increases. The November 2025 trade deficit expanded 94.6% in a single month.
22. The US goods and services trade deficit was $903.5 billion in 2024. The country has run a trade deficit consistently since 1992. — GovFacts / BEA
23. Total US imports reached $4.14 trillion in goods and services during 2024. Despite the deficit, the US domestic economy ($29.2 trillion GDP) produces about seven times more value than it imports. — GovFacts / BEA
24. The manufactured goods trade deficit was $174.6 billion higher in the first five months of 2025 than the same period in 2024, a nearly 30% increase. Manufactured goods imports topped $300 billion monthly for the first time in March 2025 (inflation-adjusted). — American Economic Liberties Project / Census Bureau
25. US imports surged 14% in the first half of 2025, contributing to a $300 billion increase in global trade. — The Global Statistics / UNCTAD
26. The February 2025 US trade deficit reached $122.7 billion, with imports at $401.1 billion vs. exports of $278.5 billion. — The Global Statistics / Census Bureau
27. The US goods and services trade deficit in May 2025 was $71.5 billion, up from $60.3 billion in April. America runs a large deficit in physical goods but maintains a $26.0 billion monthly surplus in services. — The Global Statistics / BEA
28. The November 2025 trade deficit expanded 94.6% in a single month to $56.8 billion, the second-largest monthly increase on record behind January 2025. Imports increased 5.0% while exports declined 3.6%. — KPMG
29. The overall 2025 goods and services trade deficit was 47% higher in the first five months compared to the same five months in 2024. Imports in Q1 2025 were $197.8 billion higher than Q1 2024 (inflation-adjusted), while exports were only $13.5 billion higher. — American Economic Liberties Project / Census Bureau
30. Capital goods imports reached $89.4 billion in February 2025 alone, driven by insatiable demand for AI-related equipment including computers and semiconductors. — The Global Statistics / Census Bureau
31. A $6.7 billion jump in pharmaceutical imports in November 2025 was a major driver of the widening deficit, reversing October's trend. Pharmaceutical trade was "incredibly volatile" throughout 2025 according to KPMG. — KPMG
Top US Manufacturing Trading Partners
Three countries, Canada, Mexico, and China, account for more than 40% of all US trade activity. Canada and Mexico together absorb 36% of US manufacturing exports, a concentration that reflects deeply integrated North American supply chains. The USMCA (formerly NAFTA) keeps parts flowing back and forth across borders multiple times before a finished product ships to a customer. China remains the third-largest partner despite years of escalating trade tensions, though its share has been declining as firms diversify to Vietnam, India, Ireland, Switzerland, and other markets. Every transaction in this ecosystem involves complex logistics and customs classification.
| Country | US Exports (YTD 2025) | US Imports (YTD 2025) | Trade Balance |
|---|---|---|---|
| Canada | $55.7B | $73.3B | -$17.6B |
| Mexico | $54.7B | $83.3B | -$28.6B |
| China | $20.4B | $73.3B | -$52.9B |
| Germany | $12.1B | $26.3B | -$14.3B |
| Japan | $12.4B | $23.9B | -$11.5B |
| United Kingdom | $15.0B | $11.5B | +$3.4B |
| South Korea | $10.6B | $19.7B | -$9.1B |
| Taiwan | $7.1B | $21.7B | -$14.6B |
Source: The Global Statistics / Census Bureau, YTD through Feb 2025
32. Canada purchased $349.4 billion worth of US goods in 2024, making it the #1 US export destination. Mexico was #2 at $334.0 billion, followed by China at $143.5 billion. — GovFacts / Census Bureau
33. Canada and Mexico together absorb 36% of total US manufacturing exports, far more than any other trading bloc. This reflects deeply integrated North American supply chains under the USMCA. — Trace One / Census Bureau
34. The US trade deficit with China was $52.9 billion (YTD through February 2025), the largest bilateral imbalance globally. Chinese imports consist primarily of consumer electronics, manufactured goods, and textiles. — The Global Statistics / Census Bureau
35. The United Kingdom is one of the few major trading partners where the US maintains a trade surplus of $3.4 billion (YTD Feb 2025). Total bilateral trade was $26.5 billion. — The Global Statistics / Census Bureau
36. The deficit with China has been declining as imports shift to other countries. Chinese investment in Vietnam and Mexico creates a workaround, with Chinese firms reaching US markets through third-country trade terms. The overall US trade deficit continues to grow despite reduced China-specific imports. — American Economic Liberties Project
37. The US trade deficit with the Asia Pacific region totaled $100.5 billion (YTD Feb 2025), making it the largest regional deficit. The European deficit was $87.1 billion. South America was the only region with a US surplus (+$7.2 billion). — The Global Statistics / Census Bureau
38. Europe received 53% of all US LNG exports in 2024 as the continent replaced Russian pipeline gas. The Netherlands, France, and the UK were the top European buyers. Asia absorbed 33% of US LNG exports. — GovFacts
Tariff Impacts on Manufacturing Trade
The tariff environment since early 2025 has been the most volatile in modern US history. Between IEEPA tariffs, Section 232 tariffs on autos and steel, and "reciprocal" tariffs, the weighted average applied tariff rate has jumped from 1.5% to 13.5%, the highest since 1946. The Tax Foundation estimates the cumulative impact at $1,300 per household in 2026. For manufacturers, this cuts both ways: domestic producers get some regulation-backed protection, but imported inputs and components get more expensive. European Union tariffs on US goods add another layer of complexity, and imports decreased in some categories while surging in others. Retaliation from world trade partners hits US export markets directly. Our methodology for tracking these changes follows the Census Bureau's correction and revision cycle.
Key Tariff Alert
As of February 2026, the US Supreme Court is preparing to rule on whether presidential emergency powers under IEEPA include the power to impose tariffs. A lower court ruled the IEEPA tariffs illegal, and the outcome will reshape the entire manufacturing trade landscape.
39. The weighted average applied US tariff rate rose from 1.5% (2022) to 13.5% as of February 2026 under imposed and scheduled tariffs, the highest since 1946. — Tax Foundation (Feb 2026)
40. After accounting for behavioral responses (import drops), the average effective tariff rate is estimated at 9.9%, the highest since 1946. If IEEPA tariffs are permanently enjoined, the effective rate would be 4.6%, still the highest since 1973. — Tax Foundation
41. The tariffs are the largest US tax increase as a percent of GDP (0.54%) since 1993, according to Tax Foundation modeling. — Tax Foundation
42. The tariffs amount to an average tax increase of $1,000 per US household in 2025 and $1,300 in 2026. — Tax Foundation
43. Customs duties raised $264 billion for the federal government in calendar year 2025. Net new tariff revenue was approximately $132 billion after accounting for income and payroll tax offsets. — Tax Foundation
44. The tariffs will raise an estimated $2.0 trillion in conventional revenue from 2026-2035, but will reduce long-run US GDP by 0.5% before foreign retaliation. With retaliation, the GDP impact rises to -0.7%. — Tax Foundation
45. Section 232 tariffs on autos and auto parts alone are projected to cost 98,000 full-time equivalent jobs and reduce long-run GDP by 0.1%. Steel and aluminum tariffs account for another 27,000 job losses. — Tax Foundation
46. The total estimated job impact of the tariffs (before foreign retaliation) is -447,000 full-time equivalent jobs. Retaliatory tariffs from other countries add another 141,000 job losses, for a combined total of -588,000. — Tax Foundation
47. IEEPA tariffs on China, including fentanyl-related duties, total 20% above baseline. Reciprocal tariffs on China, Hong Kong, and Macau reached 125%. Imports from these regions face base duty + Section 301 duties (7.5% or 25%) + 20% IEEPA + 125% reciprocal. — Dimerco
48. As of September 2025, threatened and imposed retaliatory tariffs from other countries affected $223 billion of US exports based on 2024 values. — Tax Foundation
49. The US International Court of Trade unanimously ruled IEEPA tariffs illegal on May 28, 2025, a decision upheld by the US Court of Appeals. The Supreme Court case is pending. — Tax Foundation
Reshoring & Nearshoring Trends
While the trade deficit has been growing, there's a parallel trend of companies bringing manufacturing back to the US, often with parent company decisions driving the shift. The Reshoring Initiative tracks job announcements, and the numbers have been strong: 244,000 reshoring and FDI-related jobs in 2024, and projections for approximately 240,000 in 2025. You can explore their interactive data tools at reshorenow.org. But there's a gap between announcements and actual jobs on the factory floor. Manufacturing employment actually declined by 10,000 in the first half of 2025, and the ISM Manufacturing PMI has been slipping since February 2025.
50. US manufacturers and foreign investors announced 244,000 reshoring and FDI-related jobs in 2024, the second-highest year on record behind 268,000 in 2023. — Camoin Associates / Reshoring Initiative
51. The Reshoring Initiative projects approximately 240,000 jobs were reshored in 2025, though early data initially suggested a potential drop to 174,000 before tariff and policy clarity boosted confidence. — Floor Covering News / Reshoring Initiative (Jan 2026)
52. Despite strong reshoring announcements, actual manufacturing employment declined by 10,000 jobs in the first six months of 2025 (12,760,000 in December 2024 to 12,750,000 in June 2025). — Bureau of Labor Statistics
53. The ISM Manufacturing PMI declined steadily from 50.9 in February 2025 to below 50 in April, May, and June 2025. A reading below 50 indicates the manufacturing economy is contracting. — American Economic Liberties Project / ISM
54. US construction spending in manufacturing declined $70.25 billion comparing the first half of 2024 to the first half of 2025. After peaking at $726.4 billion (inflation-adjusted) in Q3 2024, spending fell to $673.6 billion in Q2 2025. — FRED / Census Bureau
55. American manufacturers' new orders for nondefense capital goods (excluding aircraft) fell to $224 billion in Q2 2025, down from $502.9 billion in H1 2022 (inflation-adjusted). This indicator reflects declining manufacturing investment activity. — Census Bureau
US Global Manufacturing Position
The US is the world's second-largest manufacturer and second-largest exporter, trailing only China in both categories. Manufacturing value-added output reached a record $2.91 trillion in 2024. If US manufacturing were its own country, it would rank as the 8th-largest economy in the world. That said, manufacturing's share of GDP has been steadily declining, from 16% in the late 1990s to under 10% in 2024.
56. US manufacturing real GDP reached $2,375.9 billion (chained 2017 dollars) across 49 reporting states in 2024. The top 10 states account for 56.6% of the total. — StatRanker / BEA
57. The US accounted for 16.3% of global manufacturing value added in 2023, second only to China. — Fictiv / World Bank
58. Manufacturing's share of US GDP has declined from 16% in the late 1990s to 9.8% in 2024. Despite this percentage decline, real manufacturing output has increased from $1.7 trillion in 1997 to $2.9 trillion in 2024. — Trace One / BEA
59. Total US manufacturing industry revenues are approaching $7 trillion in 2025, with $372 billion invested in R&D (over half of all US business R&D). — IndustrySelect / NAM
60. California leads all states in manufacturing GDP at $347.5 billion (chained 2017 dollars), followed by Texas ($239.3B), Indiana ($119.4B), Illinois ($110.7B), and Ohio ($109.8B). — StatRanker / BEA, 2024
61. California has 22,052 manufacturing companies employing 1,340,647 workers. Texas has 16,839 manufacturers with 1,107,501 workers. Ohio is third with 13,907 manufacturers and 851,775 workers. — IndustrySelect / MNI
62. The concentration of manufacturing GDP is steep: the top 5 states account for 39% of all manufacturing GDP, and the top 20 account for 78.66%. The median state manufacturing GDP is approximately $35.2 billion. — StatRanker / BEA
Manufacturing-Related Energy Trade
Energy trade has become inseparable from manufacturing trade. The shale revolution turned the US from energy importer to net energy exporter, and that cheap energy is a direct competitive advantage for American manufacturers, particularly in chemicals and plastics. Energy-related exports totaled $51.9 billion in just the first two months of 2025. The geopolitical shift after Russia's invasion of Ukraine reshaped energy flows overnight, with Europe becoming a massive new customer for American LNG and crude oil.
63. Energy product exports reached $51.9 billion in January-February 2025, including $18.3B in crude oil, $14.2B in natural gas, $12.9B in refined petroleum, and $6.3B in natural gas liquids. — The Global Statistics / Census Bureau
64. Mineral fuels, oils, and distillation products represent the #1 US export category at $320.14 billion annually, reflecting America's evolution from energy importer to major exporter. — GovFacts / Census Bureau
65. The US became the world's largest LNG exporter, with total petroleum exports averaging 10.15 million barrels per day in 2023. — GovFacts / EIA
66. US crude exports to Europe averaged 1.8 million barrels per day in 2023, with the Netherlands serving as a major distribution hub. Europe overtook Asia as the top crude oil destination after Russia's invasion of Ukraine. — GovFacts / EIA
67. The energy sector supports an estimated 10.8 million American jobs and contributed nearly $1.8 trillion to the economy in 2021. The chemical industry alone employs over 900,000 people directly. — GovFacts
68. Chemical trade concentrates in North America: Canada ($29 billion) and Mexico ($28 billion) top the destination list for US chemical exports, reflecting deeply integrated manufacturing supply chains. — GovFacts / Census Bureau
Trade Outlook & Projections for 2026
The manufacturing trade outlook for 2026 depends heavily on the Supreme Court's ruling on IEEPA tariff authority, the trajectory of retaliatory tariffs from trade partners, and whether reshoring announcements translate into actual production capacity. Any revision or revise to existing tariff schedules will immediately change the picture. Capital goods imports for AI infrastructure continue to grow, pharmaceutical trade remains volatile, and the trade deficit shows no signs of narrowing. Here's what the data points to.
69. If the IEEPA tariffs are permanently struck down, the weighted average tariff rate would fall from 13.5% to 6.4%, still the highest since 1973. The 10-year revenue impact would drop significantly. — Tax Foundation
70. Capital goods imports continue rising to feed AI-related demand, with computers and semiconductors leading the increase. Capital goods imports rose $7.4 billion in November 2025 alone, reflecting tariff carve-outs for AI infrastructure. — KPMG
71. The tariffs are estimated to reduce US imports by approximately $569 billion (17%) based on behavioral responses, fundamentally reshaping trade flows. — Tax Foundation
72. A growing number of countries are looking to reduce or eliminate de minimis exemptions for low-value imports, following the US lead in 2025. This affects e-commerce and direct-to-consumer manufactured goods trade. — Avalara (Jan 2026)
73. Agricultural exports continue to lose ground, with soy and corn exports declining in November 2025, while passenger cars, trucks, and auto parts all fell by a combined $762 million. — KPMG
74. Exports of refined petroleum products and natural gas increased even as overall exports declined in November 2025, showing continued strength in energy manufacturing exports. — KPMG
75. The Tax Foundation projects tariffs will raise $175.1 billion in conventional revenue in 2026 ($136.8 billion on a dynamic basis), with Section 232 tariffs contributing $53.8 billion and IEEPA tariffs contributing $117.3 billion. — Tax Foundation (Feb 2026)
76. California's manufacturing GDP leads at $347.5 billion, with a 253x scale gap between the largest state (California) and the smallest (Alaska) for manufacturing output. — StatRanker / BEA
Cite This Resource
You're welcome to reference and cite data from this page. Please use the following citation format:
"75+ US Manufacturing Trade & Export Statistics (2025-2026)." Manufacturing Lead Generation. February 12, 2026. https://manufacturingleadgeneration.com/manufacturing-trade-export-statistics/
When citing individual statistics, please also cite the original source linked alongside each data point.
Sources
- US Census Bureau, Foreign Trade Statistics. census.gov/foreign-trade
- Bureau of Economic Analysis, International Trade Data. bea.gov
- Bureau of Labor Statistics, Employment Situation. bls.gov
- Federal Reserve Bank of St. Louis (FRED), Exports of Manufactured Commodities. fred.stlouisfed.org
- US Trade Representative, State Trade Data. ustr.gov/map/state-benefits
- National Association of Manufacturers (NAM). nam.org/mfgdata
- Tax Foundation, Trump Tariffs Tracker. taxfoundation.org
- KPMG, International Trade Reports. kpmg.com
- Reshoring Initiative, Annual Reports. reshorenow.org
- American Economic Liberties Project / Rethink Trade. economicliberties.us
- GovFacts. govfacts.org
- Trace One, Manufacturing Industry Statistics. traceone.com
- StatRanker, US Manufacturing GDP by State. statranker.org
- IndustrySelect / MNI, Top Manufacturing States. industryselect.com