Best answer: Which country is the US largest trading partner?

Rank Country Total Trade
Total, All Countries 332.5
Total, Top 15 Countries 253.2
1 China 52.0
2 Mexico 48.5

Who is United States biggest trading partner?

China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports.

Which country was the largest trading partner with the US in 2019?

China was the top supplier of goods to the United States, accounting for 18 percent of total goods imports. The top five suppliers of U.S. goods imports in 2019 were: China ($452 billion), Mexico ($358 billion), Canada ($319 billion), Japan ($144 billion), and Germany ($128 billion).

Who are the top 5 trading partners for the USA?

Also shown is each import country’s percentage of total American exports.

  • Canada: US$255.1 billion (17.8% of total US exports)
  • Mexico: $212.7 billion (14.9%)
  • China: $124.6 billion (8.7%)
  • Japan: $64.1 billion (4.5%)
  • United Kingdom: $59 billion (4.1%)
  • Germany: $57.8 billion (4%)
  • South Korea: $51.2 billion (3.6%)
See also  How big do you have to be to be on the biggest loser?

13 февр. 2021 г.

What countries does the US trade with the most?

These are the biggest U.S. trade partners

  • China – $636 billion.
  • Canada – $582.4 billion.
  • Mexico – $557 billion.
  • Japan – $204.2 billion.
  • Germany – $171.2 billion.
  • South Korea – $119.4 billion.
  • United Kingdom – $109.4 billion.
  • France – $82.5 billion.

7 мар. 2018 г.

Who is China’s biggest trade partner?

List of largest trading partners of China

No. Country / Region Exports
Total 2,263.3
1 United States 429.7
2 European Union 375.1
3 Japan 137.2

Who is Russia’s biggest trading partner?

In 2020, Russia’s main trade partner was China, as the volume of export and import trade between the two countries reached nearly 104 billion U.S. dollars. China was the country’s both leading import origin and export destination.

What is US biggest export to China?

Aircraft, soybeans, motor vehicles and microchips are top U.S. exports to China. Since 2001, the share of these exports going to China has increased sharply. Soybeans and motor vehicles are targets of recent Chinese tariffs.

What does US import the most?

What Are the Major U.S. Imports?

  • Machinery (including computers and hardware) – $386.4 billion.
  • Electrical machinery – $367.1 billion.
  • Vehicles and automobiles – $306.7 billion.
  • Minerals, fuels, and oil – $241.4 billion.
  • Pharmaceuticals – $116.3 billion.
  • Medical equipment and supplies – $93.4 billion.

17 дек. 2019 г.

What does the US sell to Mexico?

Top U.S. product exports include electronics, vehicles, fuels, minerals, plastics, and machinery. Mexico is the second-largest agricultural export market for the United States, importing USD 19.2 billion in U.S. agricultural products, including corn, soybeans, dairy, pork and beef products in 2019.

See also  Which is the largest mall in South Asia?

What is US biggest export?

Services are the biggest US export, with total foreign sales of $778 billion last year. … These are the service industries that bring in the most money: Travel and transportation: $236 billion.

What is China’s largest export?

Searchable List of China’s Most Valuable Export Products

Rank China’s Export Product 2019 Value (US$)
1 Phone system devices including smartphones $224,069,819,000
2 Computers, optical readers $148,463,426,000
3 Integrated circuits/microassemblies $102,187,884,000
4 Processed petroleum oils $38,345,208,000

What is Mexico’s biggest import?

Searchable List of Mexico’s Most Valuable Import Products

Rank Mexico’s Import Product 2019 Value (US$)
1 Processed petroleum oils $29,249,375,000
2 Automobile parts/accessories $27,159,357,000
3 Integrated circuits/microassemblies $21,311,180,000
4 Phone system devices including smartphones $13,630,285,000

What percentage of US imports come from China?

U.S. goods imports from China account for 18.1% of overall U.S. goods imports in 2019.

What does US export to Japan?

U.S. exports to Japan account for 4.5% of overall U.S. exports in 2019. The top export categories (2-digit HS) in 2019 were: mineral fuels ($9.3 billion), aircraft ($8.8 billion), optical and medical instruments ($7.1 billion), machinery ($7.0 billion), and electrical machinery ($4.6 billion).

Why is US trade deficit so high?

The large U.S. trade deficit is fundamentally driven by larger economic factors — like the fact Americans spend more than they save and have to borrow from abroad to finance the difference, Lovely said. Trump’s $1.5 trillion tax cut in 2017 contributed to that problem by running up the U.S. budget deficit.

Like this post? Please share to your friends: