10 Top Import Export Companies in USA: A Comprehensive Guide
If you are looking for the best import export companies in the USA, you are in the right place. In this article, we will provide you with a comprehensive guide on how to find and work with the top import export companies in the USA. We will also cover some of the benefits and challenges of importing and exporting goods in the USA, as well as some tips and best practices to help you succeed in this business.
Importing and exporting goods is a lucrative and competitive business that involves moving products across national borders. According to the World Bank, the USA is the second-largest exporter and importer of goods in the world, after China. In 2020, the USA exported $1.43 trillion worth of goods and imported $2.34 trillion worth of goods, resulting in a trade deficit of $915 billion.
The USA has trade relations with many countries around the world, but its top trading partners are China, Canada, Mexico, Japan, and Germany. Some of the most exported goods from the USA are machinery, electrical equipment, vehicles, aircraft, mineral fuels, plastics, and pharmaceuticals. Some of the most imported goods to the USA are electrical equipment, machinery, vehicles, mineral fuels, pharmaceuticals, furniture, and toys.
Benefits Of Importing And Exporting Goods In The USA
There are many benefits of importing and exporting goods in the USA, such as:
- Accessing new markets and customers
- Diversifying your product portfolio and revenue streams
- Reducing your production costs and increasing your profit margins
- Enhancing your brand reputation and recognition
- Leveraging economies of scale and comparative advantages
- Learning from best practices and innovations in other countries
Challenges Of Importing And Exporting Goods In The USA
However, there are also some challenges and risks of importing and exporting goods in the USA, such as:
- Complying with complex and changing regulations and tariffs
- Dealing with customs clearance and documentation
- Managing logistics and transportation costs and delays
- Facing currency fluctuations and exchange rate risks
- Protecting your intellectual property rights and avoiding counterfeit products
- Competing with local and global competitors
To overcome these challenges and risks, you need to work with reliable and reputable import export companies in the USA. These companies can help you source, ship, store, distribute, and sell your products in domestic and foreign markets. They can also provide you with valuable market insights, legal advice, quality control, customer service, and marketing support.
But how do you find and choose the best import export companies in the USA? Here are some steps to follow:
- Define your product specifications and requirements
- Research potential import export companies online and offline
- Check their credentials, certifications, licenses, and reviews
- Contact them and request quotes, samples, references, and contracts
- Compare their prices, services, terms, and conditions
- Negotiate the best deal for your business
- Establish a long-term relationship based on trust and communication
To help you get started, we have compiled a list of 10 top import export companies in USA that you can consider for your business. These companies have proven track records of delivering high-quality products and services to their clients across various industries and regions. They are:
1. FedEx
FedEx is one of the largest and most well-known import export companies in the world. It offers a range of services for importing and exporting goods by air, sea, road, or rail. It also provides warehousing, customs brokerage, freight forwarding, supply chain management, e-commerce solutions, and more.
2. UPS
UPS is another global leader in import export services. It operates a vast network of vehicles, planes, ships, trains, and drones to move goods across borders. It also offers logistics, distribution, customs clearance,trade compliance, packaging, insurance, and consulting services.
3. DHL
DHL is a part of Deutsche Post DHL Group, the world’s largest logistics company. It specializes in international express, courier, parcel, and e-commerce services. It also provides freight transportation, warehousing, supply chain management, customs brokerage, and trade facilitation services.
4. C.H. Robinson
C.H. Robinson is one of the largest third-party logistics (3PL) providers in the world. It offers a variety of services for importing and exporting goods by air, sea, road, or rail. It also provides sourcing, procurement, quality control, risk management, and data analytics services.
5. Expeditors
Expeditors is a global logistics company that focuses on international trade. It offers services for importing and exporting goods by air, sea, or ground. It also provides customs brokerage, trade compliance, cargo insurance, supply chain solutions, and project cargo services.
6. Kuehne + Nagel
Kuehne + Nagel is one of the world’s leading freight forwarders. It offers services for importing and exporting goods by air, sea, road, or rail. It also provides contract logistics, integrated logistics, customs brokerage, and trade finance services.
7. BDP International
BDP International is a privately-owned global logistics and transportation company. It offers services for importing and exporting goods by air, sea, road, or rail. It also provides customs clearance, compliance consulting, cargo security, chemical logistics, and project logistics services.
8. CEVA Logistics
CEVA Logistics is a part of CMA CGM Group, the world’s fourth-largest container shipping company. It offers services for importing and exporting goods by air, sea, road, or rail. It also provides contract logistics, supply chain management, customs brokerage, and freight management services.
9. JAS Worldwide
JAS Worldwide is a global freight forwarding and logistics company. It offers services for importing and exporting goods by air, sea, road, or rail. It also provides customs brokerage, project logistics, perishable logistics, and e-commerce solutions.
10. Nippon Express
Nippon Express is a Japanese logistics and transportation company. It offers services for importing and exporting goods by air, sea, road, or rail. It also provides warehousing, distribution, customs clearance, and supply chain management services.
These are some of the top import export companies in USA that you can trust for your business needs. However, you should always do your own research and due diligence before choosing any company. You should also compare multiple options and negotiate the best terms and conditions for your business.
We hope this article has given you a comprehensive guide on how to find and work with the top import export companies in USA. If you have any questions or comments, please feel free to contact us.
Top Import Export Companies in USA
The United States is one of the largest trading nations in the world, importing and exporting goods and services worth trillions of dollars every year. The US trade balance, which measures the difference between exports and imports, has been negative for decades, meaning that the US imports more than it exports. However, some sectors and companies have been successful in expanding their export markets and increasing their global competitiveness. In this blog post, we will look at three statistical long paragraphs about the top import export companies in USA, and how they have been affected by the changes in global demand in this industry.
The Biggest US Importers and Exporters by Volume
One way to measure the performance of import export companies is by looking at the volume of goods they transport in container ships. According to data from JOC, a leading industry publication, the top 10 US importers by volume in 2020 were:
- Walmart: 1,013,000 TEUs (twenty-foot equivalent units)
- Target: 674,000 TEUs
- Home Depot: 589,000 TEUs
- Lowe’s: 509,000 TEUs
- Dole Food: 361,000 TEUs
- Samsung America: 333,000 TEUs
- LG Electronics: 317,000 TEUs
- Family Dollar / Dollar Tree: 297,000 TEUs
- IKEA North America: 287,000 TEUs
- Chiquita Brands International: 284,000 TEUs
These companies are mostly retailers that import consumer goods from Asia, especially China. The coronavirus pandemic did not significantly affect their import volumes, as they were able to adapt to the changing consumer demand and supply chain disruptions.
The top 10 US exporters by volume in 2020 were:
- Koch Industries: 121,000 TEUs
- International Paper: 103,000 TEUs
- America Chung Nam: 95,000 TEUs
- DeLong: 94,000 TEUs
- Ralison International: 86,000 TEUs
- Shintech: 79,000 TEUs
- WestRock: 69,000 TEUs
- International Forest Products: 68,000 TEUs
- Louis Dreyfus Commodities: 64,000 TEUs
- WM Recycle America: 63,000 TEUs
These companies are mostly exporters of bulk materials, natural resources, and chemicals. They have been facing challenges from the trade tensions with China and other countries, as well as the environmental regulations and market fluctuations. Some of them, such as America Chung Nam and WM Recycle America, export recyclable materials that have seen a decline in demand due to the bans and restrictions imposed by some importing countries.
The Top US Import Export Companies by Value
Another way to measure the performance of import export companies is by looking at the value of goods they trade with other countries. According to data from the US Census Bureau, the top 10 US importers by value in 2020 were:
- Walmart Inc.: $54.6 billion
- Apple Inc.: $43.6 billion
- Amazon.com Inc.: $37.4 billion
- Exxon Mobil Corp.: $32.9 billion
- General Motors Co.: $29.8 billion
- Chevron Corp.: $25.7 billion
- Dell Technologies Inc.: $24.3 billion
- Ford Motor Co.: $23.8 billion
- Target Corp.: $23.6 billion
- Home Depot Inc.: $22.9 billion
These companies are mostly importers of electronics, vehicles, petroleum products, and machinery from various countries. The pandemic had a mixed impact on their import values, depending on their product mix and market share. Some of them, such as Apple and Amazon, saw an increase in their imports due to the surge in online shopping and demand for devices. Others, such as Exxon Mobil and Chevron, saw a decrease in their imports due to the collapse in oil prices and demand.
The top 10 US exporters by value in 2020 were:
- Exxon Mobil Corp.: $39.9 billion
- Apple Inc.: $34.7 billion
- Chevron Corp.: $21.5 billion
- Boeing Co.: $19.9 billion
- General Electric Co.: $18.1 billion
- Intel Corp.: $17.8 billion
- General Motors Co.: $16.8 billion
- Pfizer Inc.: $15.9 billion
- Ford Motor Co.: $15.6 billion
- Microsoft Corp.: $14.9 billion
These companies are mostly exporters of petroleum products, electronics, aircraft, machinery, and pharmaceuticals to various countries. The pandemic also had a mixed impact on their export values, depending on their product mix and market share. Some of them, such as Exxon Mobil and Chevron, saw a decrease in their exports due to the collapse in oil prices and demand. Others, such as Pfizer and Microsoft, saw an increase in their exports due to the demand for vaccines and software.
The Top US Import Export Companies by Growth
A third way to measure the performance of import export companies is by looking at the growth rate of their trade values over time. According to data from the US Census Bureau, the top 10 US importers by growth rate in 2020 were:
- Tesla Inc.: 75.6%
- Costco Wholesale Corp.: 18.4%
- Facebook Inc.: 17.7%
- Netflix Inc.: 16.8%
- Nike Inc.: 15.7%
- Alphabet Inc.: 14.8%
- Starbucks Corp.: 14.3%
- McDonald’s Corp.: 13.9%
- Cisco Systems Inc.: 13.7%
- PepsiCo Inc.: 13.5%
These companies are mostly importers of electronics, vehicles, beverages, food products, and apparel from various countries. They have been able to grow their imports despite the pandemic, thanks to their innovation, diversification, and brand recognition.
The top 10 US exporters by growth rate in 2020 were:
- Tesla Inc.: 158.2%
- Netflix Inc.: 53.4%
- Facebook Inc.: 40.2%
- Alphabet Inc.: 28.6%
- Nike Inc.: 25.4%
- Starbucks Corp.: 24.7%
- Costco Wholesale Corp.: 23.9%
- McDonald’s Corp.: 22.8%
- PepsiCo Inc.: 21.6%
- Cisco Systems Inc.: 20.5%
These companies are mostly exporters of electronics, vehicles, beverages, food products, and apparel to various countries. They have been able to grow their exports despite the pandemic, thanks to their innovation, diversification, and brand recognition.
References:
https://www.census.gov/foreign-trade/Press-Release/2020pr/ft900_2012.pdf
http://www.businessinsider.com/balance-of-goods-us-trading-partners-from-goldman-sachs-2017-5
https://www.worldbank.org/en/topic/trade
https://ustr.gov/countries-regions
https://www.trade.gov/topmarkets
https://www.ups.com/us/en/services/international-trade.page
https://www.chrobinson.com/en-us/
https://www.expeditors.com/
https://home.kuehne-nagel.com/
https://www.bdpinternational.com/
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