When a company exports products from the United States to other countries, the company likely cannot determine the final price of the product, and the state does not require an export license. Therefore, very few of all US export transactions require a US government license.
This category includes aerospace products and parts, automobiles, railroad equipment, ships and boats. The second largest export item was computer products, including semiconductors used in the manufacture of smartphones, navigation equipment, and audio and video equipment.
Boeing is the engine of the global economy. It is the largest US exporter and second largest contractor to the US Department of Defense. In 2018, he surpassed $100 billion in revenue, his highest ever.
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