Which are the top 3 trading partners exports and imports for the United States as of 2018?
In 2018, United States major trading partner countries for exports were Canada, Mexico, China, Japan and United Kingdom and for imports they were China, Mexico, Canada, Japan and Germany.
The top five purchasers of U.S. goods exports in 2022 were: Canada ($356.5 billion), Mexico ($324.3 billion), China ($150.4 billion), Japan ($80.2 billion), and the United Kingdom ($76.2 billion).
Combined, U.S. exports to Canada and Mexico accounted for nearly one-third of all U.S. merchandise exports in 2021. China continued to be the leading supplier of U.S. imports and was the third-largest destination for U.S exports. Mexico and Canada were the second- and third-largest suppliers of U.S. imports.
Mexico overtook China as America's top trade partner at the start of 2023, with $263 billion in bilateral trade between the countries between January and April. Texas's exports to Mexico are the highest-value exports to a particular country from any state. In 2022, they equaled $144.29 billion.
The United States imports billions of dollars worth of goods and services each year. The top three categories of imports were capital goods, consumer goods, and industrial supplies and materials.
China has been the largest exporter of goods in the world since 2009, and total Chinese exports amounted to $3.51 trillion in 2023. China's exports and economy grew dramatically following the opening of the country to trade under Deng Xiaoping.
- Automobile & Light Duty Motor Vehicle Manufacturing in the US. ...
- Brand Name Pharmaceutical Manufacturing in the US. ...
- Oil Drilling & Gas Extraction in the US. ...
- Communication Equipment Manufacturing in the US. ...
- Computer Manufacturing in the US. ...
- Petroleum Refining in the US.
The top territories of United States according to its Economic Complexity Index are New Hampshire (0.65), Connecticut (0.63), and Massachusetts (0.6). The principal exporters of United States were Texas ($445B), California ($179B), and Louisiana ($100B).
Yearly Imports
In 2023 the top imports of New York were Diamonds (jewellery) worked but not mounted... ($16.6B), Commodities not specified according to kind ($9.44B), Articles of, or clad with, precious... ($8.17B), Jewellery and parts of precious metal...
Mexico's main exports are manufactured products (89 percent of total shipments) and oil and oil products (7 percent). Among manufactured products, metallic, machinery and equipment is the major category (59 percent) and automobiles account for around 29 percent of total sales.
What are the top 3 countries the US imports from?
United States Imports By Country | Value | Year |
---|---|---|
Mexico | $480.05B | 2023 |
China | $448.02B | 2023 |
Canada | $429.60B | 2023 |
Germany | $162.96B | 2023 |
Mexico | Mexico is now the largest exporter to the US
By the end of 2023, Mexico recorded a trade deficit of 5,463 million dollars ($5.46 bn). Manufacturing leads both exports and imports. Mexico solidified its position as the leading supplier in the US market while FDI dropped slightly in 2023.
United States-Canada Trade: In 2022, United States exported $308B to Canada. The main products that United States exported to Canada were Cars ($16.9B), Refined Petroleum ($15.7B), and Delivery Trucks ($14.2B).
Mexico, Canada and China – the three countries Trump has targeted for tariffs – are the United States' top three trading partners. According to data from the U.S. Census Bureau, Mexico is the largest trading partner to the U.S., accounting for nearly 16% of America's total trade, as of September 2024.
The top three recipients of exports from the United States, in order, are Canada, Mexico, and China. This information is based on trade relationships and the volume of trade between these countries and the United States.
The US is the largest importer in the world, and the second-largest exporter (next to China). The biggest single category of goods the US imports is cars and the biggest export is refined petroleum.
World's 10 Largest Importers
The United States is the world's largest importer of goods, followed by China and Germany. Overall out of the world's 10 largest importers, 4 countries are in Europe, 4 are in Asia and 1 from North America and 1 from Central America.
China was the largest market for U.S. agricultural exports in 2023, comprising 17 percent of the total. China is closely followed by Canada and Mexico which each received $28.4 billion of U.S. agricultural goods, together totaling 33 percent of U.S. exports.
In 2016, United States major trading partner countries for exports were Canada, Mexico, China, Japan and United Kingdom and for imports they were China, Mexico, Canada, Japan and Germany.
- 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.
What is the USA's biggest export?
Exports The top exports of United States are Refined Petroleum ($138B), Crude Petroleum ($118B), Petroleum Gas ($116B), Cars ($57.5B), and Integrated Circuits ($49.8B), exporting mostly to Canada ($308B), Mexico ($294B), China ($151B), Japan ($79.5B), and United Kingdom ($75.4B).
The resulting total net petroleum imports (imports minus exports) were about -1.64 million b/d, which means that the United States was a net petroleum exporter of 1.64 million b/d in 2023. The top five source countries of U.S. gross petroleum imports in 2023 were Canada, Mexico, Saudi Arabia, Iraq, and Brazil.
- Oil Drilling & Gas Extraction in the US. ...
- Petroleum Refining in the US. ...
- Brand Name Pharmaceutical Manufacturing in the US. ...
- Automobile & Light Duty Motor Vehicle Manufacturing in the US. ...
- Natural Gas Liquid Processing in the US. ...
- Organic Chemical Manufacturing in the US.
Most of China's imports consist of machinery and apparatus (including semiconductors, computers, and office machines), chemicals, and fuels. The main import sources are Taiwan, South Korea, Japan, the United States, Australia, and the countries of the European Union (EU).
Trade is critical to America's prosperity - fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services.