Trade & Investment

Annual US Exports in Goods and Services to ASEAN Total over $105 Billion

ASEAN as a whole ranks 4th after Canada, Mexico, and China as a goods export market for the United States, and the United States is the 4th largest trading partner for ASEAN. The United States exported $75 billion in goods and $31 billion in services to ASEAN, an increase of 59% over a decade. Twenty-six US states each export over $1 billion in goods and services to ASEAN, including California and Texas, which both export over $15 billion to ASEAN.

The total value of US-ASEAN bilateral trade has increased 28%, from $177 billion to $227 billion in a decade. ASEAN's surplus in goods with the United States totaled $91 billion, while the US surplus in services with ASEAN totaled $10 billion.