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Top U.S. Companies by Import and Export Volume

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top u.s. import export companies

Nothing has transformed our economy quite like containerized shipping.

From Rotterdam to Singapore, we see tangible evidence of the world’s bustling maritime shipping network as cranes load and unload uniform containers in a flurry of activity. The efficiency of this system has massively impacted the global economy, but this uniformity has also had the unintended consequence of anonymizing shipping. From the outside looking in, there’s no indication of who’s actually doing the shipping.

Today’s graphic, using data from JOC, highlights the actual companies behind the United States’ import–export numbers.

Outgoing: Recyclables and Raw Materials

While companies like Procter & Gamble and Caterpillar export a high volume of consumer goods and equipment, the export market is dominated by bulk materials, natural resources, and chemicals.

Here are the top 20 companies by export volume (20-foot equivalent units, or TEUs):

RankCompanyTEU (2017)Sector
1America Chung Nam284,500📄 Paper
♻️ Recyclables
2International Paper248,400📄 Paper
📦 Packaging
3Ralison International130,100📄 Paper
♻️ Recyclables
4Koch Industries120,800💼 Conglomerate
5International Forest Products109,400🌲 Paper/Forest Products
♻️ Recyclables
6DeLong106,600🐮 Animal Feed
🌾 Grain
7WM Recycle America75,300💼 Diversified
♻️ Recyclables
8Shintech73,800🛢 Chemicals
9Louis Dreyfus Commodities68,200⚪️ Cotton
💼 Diversified
10WestRock66,300📄 Paper
📦 Packaging
11JBS USA65,400🍖 Meats
🍗 Poultry
12ExxonMobil Chemical63,400🛢 Chemicals
13Newport CH International62,100♻️ Recyclables
14BMW of North America61,600🚘 Automotive Goods
15Cargill57,500💼 Conglomerate
16JC Horizon55,600♻️ Recyclables
17Eastman Chemical53,800🛢 Chemicals/Plastics
18Potential Industries51,600📄 Paper
♻️ Recyclables
19Domtar48,100🌲 Paper/Forest Products
20Sims Metal Management47,700⚙️ Metals
♻️ Recyclables

Note: TEU = Twenty-foot equivalent unit, a measure of volume in units of twenty-foot long shipping containers.

Though exporters of recyclable materials feature prominently on this list, there may be a shake-up coming in the near future.

China’s Recycling Diet

In Western countries, people often assume that their top export by volume is a high-value manufactured good or, at very least, a natural resource like timber or oil. The truth is, a sizable portion of exports from Western countries are waste materials.

This isn’t a new trend. In 2009, nine of the top 20 exporters in the U.S. were sending recyclable materials overseas – particularly to China.

This convenient trade relationship, where ships bring consumer goods to America and return filled with recyclable materials, is being disrupted in a big way. In 2018, China launched Operation National Sword, which could potentially tie a knot in the steady pipeline of waste materials being imported into the country.

For now, countries like Vietnam and Thailand have picked up some of the slack, but before long, Western countries will need to take a serious look at beefing up domestic recycling programs.

Incoming: The Stuff We Buy

On the other end of the equation are the consumer goods that get purchased every day.

In modern society, there’s a very good chance the items around you right now were not built in the country you live in. While many companies import goods from overseas, a few major players move a staggering volume of goods through America’s ports.

Here are the top 20 companies by import volume (TEUs):

RankCompanyTEUs (2017)Sector
1Walmart874,800🛒 Retail
2Target590,300🛒 Retail
3Home Depot388,000🛒 Retail
4Lowe's287,500🛒 Retail
5Dole Food220,200🍍 Produce
6Samsung America184,800💼 Conglomerate
7Family Dollar / Dollar Tree168,400🛒 Retail
8LG Group161,600💼 Conglomerate
9Philips Electronics N.A.142,900📺 Electronics
10IKEA International120,500🛒 Retail
11Chiquita Brands Int'l117,500🍌 Produce
12Nike116,300👞 Footwear / Apparel
13Newell Brands115,400🍶 Outdoor / Home Goods
14Costco Wholesale111,700🛒 Retail
15Sears Holdings103,200🛒 Retail
16J.C. Penney101,100🛒 Retail
17General Electric92,300💼 Conglomerate
18Ashley Furniture Industries85,700🛋 Furniture
19Whirlpool74,700🗄 Appliances
20Heineken USA73,100🍺 Beverages

In contrast to the top exporters list, the top importing companies are generally more recognizable names, such as Target, Home Depot, Dollar Tree, and Ikea.

It will come as no surprise that Walmart, the world’s biggest retailer by some margin, is also America’s top importer. In a single year, Walmart’s incoming goods would equate to nearly 50 of the industry’s largest fully-loaded cargo ships.

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U.S. Debt Interest Payments Reach $1 Trillion

U.S. debt interest payments have surged past the $1 trillion dollar mark, amid high interest rates and an ever-expanding debt burden.

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This line chart shows U.S. debt interest payments over modern history.

U.S. Debt Interest Payments Reach $1 Trillion

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

The cost of paying for America’s national debt crossed the $1 trillion dollar mark in 2023, driven by high interest rates and a record $34 trillion mountain of debt.

Over the last decade, U.S. debt interest payments have more than doubled amid vast government spending during the pandemic crisis. As debt payments continue to soar, the Congressional Budget Office (CBO) reported that debt servicing costs surpassed defense spending for the first time ever this year.

This graphic shows the sharp rise in U.S. debt payments, based on data from the Federal Reserve.

A $1 Trillion Interest Bill, and Growing

Below, we show how U.S. debt interest payments have risen at a faster pace than at another time in modern history:

DateInterest PaymentsU.S. National Debt
2023$1.0T$34.0T
2022$830B$31.4T
2021$612B$29.6T
2020$518B$27.7T
2019$564B$23.2T
2018$571B$22.0T
2017$493B$20.5T
2016$460B$20.0T
2015$435B$18.9T
2014$442B$18.1T
2013$425B$17.2T
2012$417B$16.4T
2011$433B$15.2T
2010$400B$14.0T
2009$354B$12.3T
2008$380B$10.7T
2007$414B$9.2T
2006$387B$8.7T
2005$355B$8.2T
2004$318B$7.6T
2003$294B$7.0T
2002$298B$6.4T
2001$318B$5.9T
2000$353B$5.7T
1999$353B$5.8T
1998$360B$5.6T
1997$368B$5.5T
1996$362B$5.3T
1995$357B$5.0T
1994$334B$4.8T
1993$311B$4.5T
1992$306B$4.2T
1991$308B$3.8T
1990$298B$3.4T
1989$275B$3.0T
1988$254B$2.7T
1987$240B$2.4T
1986$225B$2.2T
1985$219B$1.9T
1984$205B$1.7T
1983$176B$1.4T
1982$157B$1.2T
1981$142B$1.0T
1980$113B$930.2B
1979$96B$845.1B
1978$84B$789.2B
1977$69B$718.9B
1976$61B$653.5B
1975$55B$576.6B
1974$50B$492.7B
1973$45B$469.1B
1972$39B$448.5B
1971$36B$424.1B
1970$35B$389.2B
1969$30B$368.2B
1968$25B$358.0B
1967$23B$344.7B
1966$21B$329.3B

Interest payments represent seasonally adjusted annual rate at the end of Q4.

At current rates, the U.S. national debt is growing by a remarkable $1 trillion about every 100 days, equal to roughly $3.6 trillion per year.

As the national debt has ballooned, debt payments even exceeded Medicaid outlays in 2023—one of the government’s largest expenditures. On average, the U.S. spent more than $2 billion per day on interest costs last year. Going further, the U.S. government is projected to spend a historic $12.4 trillion on interest payments over the next decade, averaging about $37,100 per American.

Exacerbating matters is that the U.S. is running a steep deficit, which stood at $1.1 trillion for the first six months of fiscal 2024. This has accelerated due to the 43% increase in debt servicing costs along with a $31 billion dollar increase in defense spending from a year earlier. Additionally, a $30 billion increase in funding for the Federal Deposit Insurance Corporation in light of the regional banking crisis last year was a major contributor to the deficit increase.

Overall, the CBO forecasts that roughly 75% of the federal deficit’s increase will be due to interest costs by 2034.

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