Imports: Passenger vehicles
U.S. imports of Passenger vehicles decreased 13.18 percent through August to $124.54 billion.
Top Sources
| Rank | Country | YTD |
|---|---|---|
| 1 | Mexico | $30.38 B |
| 2 | Japan | $25.14 B |
| 3 | South Korea | $21.32 B |
| 4 | Canada | $16.91 B |
| 5 | Germany | $14.51 B |
| 6 | United Kingdom | $5.1 B |
| 7 | Slovakia | $3.22 B |
| 8 | Italy | $1.62 B |
| 9 | Sweden | $1.62 B |
| 10 | China | $1.2 B |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Baltimore, MD | $12.95 B |
| 2 | Detroit Ambassador Bridge, MI | $12.18 B |
| 3 | Port of Brunswick, GA | $11.48 B |
| 4 | Port Laredo | $11.24 B |
| 5 | Port of Hueneme, CA | $7.34 B |
| 6 | Port of Newark | $6.93 B |
| 7 | Port of Jacksonville, FL | $6.66 B |
| 8 | Port of Los Angeles | $6.65 B |
| 9 | Port of Portland, OR | $5.1 B |
| 10 | Eagle Pass | $4.53 B |
Top markets Passenger vehicles
Total:
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Passenger vehicles by port
Total:
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U.S. imports of Passenger vehicles decreased 13.18 percent through August to $124.54 billion
The category ranked 2 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 1 for the last full year with a total value of $216.81 billion, a $8.83 billion, 4.25 percent increase from the 2023 total.
Through August of this year the leading sources were No. 1 Mexico, No. 2 Japan, No. 3 South Korea, No. 4 Canada and No. 5 Germany. The leading sources were No. 1 Port of Baltimore, MD, No. 2 Detroit Ambassador Bridge, MI, No. 3 Port of Brunswick, GA, No. 4 Port Laredo and No. 5 Port of Hueneme, CA.
In the last previous full year, the leading sources were No. 1 Mexico, No. 2 Japan, No. 3 South Korea, No. 4 Canada and No. 5 Germany. The leading sources were No. 1 Port of Baltimore, MD, No. 2 Port of Brunswick, GA, No. 3 Detroit Ambassador Bridge, MI, No. 4 Port Laredo and No. 5 Port of Hueneme, CA.
Looking at specific airports, seaports and border crossings, the top five through the first eight months of the year were:
Highlights for the top five ports:
- Port of Baltimore, MD fell 7.17 percent compared to last year to $12.95 billion.
- Detroit Ambassador Bridge, MI fell 1.35 percent compared to last year to $12.18 billion.
- Port of Brunswick, GA fell 18.06 percent compared to last year to $11.48 billion.
- Port Laredo rose 9.1 percent compared to last year to $11.24 billion.
- Port of Hueneme, CA fell 25.88 percent compared to last year to $7.34 billion.
There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.
Highlights for the top five foreign sources:
- U.S. imports from No. 1 Mexico decreased $1.1 billion, 3.48 percent, (24.4 percent market share).
- U.S. imports from No. 2 Japan decreased $1.86 billion, 6.89 percent, (20.18 percent market share).
- U.S. imports from No. 3 South Korea decreased $4.89 billion, 18.66 percent, (17.12 percent market share).
- U.S. imports from No. 4 Canada decreased $2.03 billion, 10.73 percent, (13.58 percent market share).
- U.S. imports from No. 5 Germany decreased $1.75 billion, 10.76 percent, (11.65 percent market share).
All totaled, 86.92 percent of all these Passenger vehicles imports to the United States were shipped from the top five sources through August of this year. That is equal to $108.25 billion of the $124.54 billion total.
All totaled, 44.32 percent of all these Passenger vehicles imports to the United States were shipped to the top five Ports through August of this year. That is equal to $55.19 billion of the $124.54 billion total.