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U.S. goods and services trade with USMCA totaled an estimated $1.8 trillion in 2022. Exports were $789.7 billion; imports were $974.3 billion. The U.S. goods and services trade deficit with USMCA was $184.6 billion in 2022.
up 16.0 percent ($94.1 billion) from 2021 and up 34 percent from 2012. U.S. goods imports from USMCA totaled $891.3 billion in 2022, up 20.5 percent ($151.5 billion) from 2021, and up 48 percent from 2012. U.S. exports to USMCA account for 33.0 percent of overall U.S. exports in 2022. The U.S. goods trade deficit with USMCA was $210.6 billion in 2022, a 37.5 percent increase ($57.4 billion) over 2021.
U.S. exports of services to USMCA were an estimated $109.0 billion in 2022, 23.6 percent ($21 billion) more than 2021, and 17 percent greater than 2012 levels. U.S. imports of services from USMCA were an estimated $83.0 billion in 2022, 27.0 percent ($17.6 billion) more than 2021, and 66 percent greater than 2012 levels. Leading services exports from the U.S. to USMCA were in the travel, professional and management services, and financial services sectors. The United States has a services trade surplus of an estimated $26.0 billion with USMCA in 2022, up 14.0 percent from 2021.
