Who Has The Biggest Trade With The Us?

The United States has the largest trading relationship with China, followed closely by Mexico, Japan, and Canada. China is by far the largest trading partner of the United States, accounting for $660.4 billion in imports in 2018. Mexico follows close behind with $557.3 billion in imports and is the largest trading partner for the US when it comes to goods.

Japan is the largest trading partner for services with the US. It is the second largest goods partner and third largest overall trading partner, with an estimated $203.7 billion in goods imported in 2018. The US has a large trade deficit (the difference between imports and exports) with Japan, with $67.9 billion of imports in 2018 compared to just $55.2 billion in exports.

Canada is the fourth largest trading partner for the US, accounting for $552.2 billion in imports in 2018. The US has a large trade surplus with Canada, with $320.5 billion in imports in 2018 compared to $231.6 billion in exports.

The European Union is the fifth largest trading partner for the US, with $533.4 billion in imports in 2018. The US has a large trade deficit with the EU as well, with $254.5 billion in imports compared to just $278.9 billion in exports.

India is the sixth largest trading partner for the US, accounting for $237.7 billion in imports in 2018. The US has a small trade deficit with India, with $114.4 billion in imports compared to just $123.3 billion in exports.

South Korea is the seventh largest trading partner for the US, with $231.7 billion in imports in 2018. The US has a small trade surplus with South Korea, with $101.2 billion in imports compared to $130.5 billion in exports.

The United Kingdom is the eighth largest trading partner for the US, with $206.9 billion in imports in 2018. The US has a large trade deficit with the UK, with $107.3 billion in imports compared to just $99.6 billion in exports.

Germany is the ninth largest trading partner for the US, with $183.5 billion in imports in 2018. The US has a large trade deficit with Germany, with $83.2 billion in imports compared to just $100.2 billion in exports.

Canada is by far the largest trading partner of the US, accounting for $552.2 billion in imports in 2018. Mexico follows closely behind with $557.3billion in imports and is the largest trading partner for the US when it comes to goods. Japan is the largest trading partner for services with the US, and is the third largest overall trading partner, with an estimated $203.7 billion in goods imported in 2018. The European Union is the fifth largest trading partner for the US, with $533.4 billion in imports in 2018.

The Countries With The Largest Trade Deficit With The United States

The United States has a large and complex international trade system that involves imports and exports with countries across the world. One important metric that helps measure the overall trade activity of a country is the trade deficit or surplus. In this article, we will be taking a look at the countries with the largest trade deficit with the United States.

According to the Office of the US Trade Representative, the top five countries with the biggest trade deficit with the United States in 2020 were China, Mexico, Japan, Germany, and Canada. In 2020, the US’s total trade deficit with these top five countries was $368.9 billion, accounting for roughly 73% of the total US trade deficit.

As can be seen, China has the biggest trade deficit with the United States, accounting for over 85% of the total trade deficit. This is mainly due to the US’s high demand for Chinese products, such as electronics, textiles, and footwear. This high demand leads to the US importing large amounts of products from China, creating a large trade deficit.

Mexico has the second-largest trade deficit with the United States, with the US importing more than $75 billion worth of products from Mexico in 2020. These products mainly consist of motor vehicles, machinery, and electrical equipment.

Japan, Germany, and Canada round out the top five countries with the biggest trade deficit with the United States. Japan has a deficit of over $68 billion, which is mainly due to imports of motor vehicles, machinery, and electrical equipment. Germany and Canada have deficits of $50.3 billion and $19.6 billion, respectively, due to imports of motor vehicles, chemicals, and machinery from Germany, and imports of motor vehicles and machinery from Canada.

In conclusion, the countries with the largest trade deficit with the United States in 2020 were China, Mexico, Japan, Germany, and Canada. The US has a large and complex international trade system with these countries and many more, but the top five countries account for the majority of the US’s total trade deficit.

The Countries With The Biggest Trade Surplus With The United States

The countries that have the biggest trade surplus with the United States are China, Mexico, Japan, Germany, South Korea, Ireland and Canada. These countries all export more goods to the United States than they import, resulting in a trade surplus for the US.

The largest contributor to the United States’ trade surplus is China. In 2019, China had a trade surplus with the United States of $420.2 billion. This is largely due to the fact that China exports more manufactured goods to the United States than it imports. For example, in 2019 China exported $539.5 billion in goods while only importing $119.3 billion from the US.

Mexico is the second-largest contributor to the US’s trade surplus, with a surplus of $81.5 billion in 2019. Mexico exports a variety of goods to the US, including manufactured products and agricultural goods. Mexico also imports a variety of products from the US, including machinery and automotive parts.

Japan is the third-largest contributor to the US’s trade surplus, with a surplus of $60.7 billion in 2019. Japan exports electronics, cars, auto parts, and machinery to the US and imports agricultural products, coal, and manufactured products from the US.

Germany is the fourth-largest contributor to the US’s trade surplus, with a surplus of $36 billion in 2019. Germany exports cars, chemicals, and machinery to the US and imports agricultural products, chemicals, and manufactured products from the US.

South Korea is the fifth-largest contributor to the US’s trade surplus, with a surplus of $31.4 billion in 2019. South Korea exports electronics, machinery, and auto parts to the US and imports agricultural products, manufactured goods, and chemicals from the US.

Ireland is the sixth-largest contributor to the US’s trade surplus, with a surplus of $29.2 billion in 2019. Ireland exports medical equipment, chemicals, and electronics to the US and imports agricultural products, manufactured products, and chemicals from the US.

Canada is the seventh-largest contributor to the US’s trade surplus, with a surplus of $24.6 billion in 2019. Canada exports machinery, industrial products, and automotive parts to the US and imports agricultural products, manufactured products, and chemicals from the US.

The following table summarizes the countries’ trade surplus with the United States in 2019:

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