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The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Mexico is still the second largest trading partner of the United States after Canada. [1]
Foreign trade of the United States comprises the international imports and exports of the United States. The country is among the top three global importers and exporters. Merchandise exports (1870–1992) U.S. manufacturing employment. The regulation of trade is constitutionally vested in the United States Congress.
In 2022, the US imported $4 trillion in goods and services and exported $3 trillion. The country’s biggest trading partners were Mexico, China, and Canada.
Proportion of daily volume Change (2019–2022) April 2019 April 2022 U.S. dollar: USD $, US$ 88.3%: 88.5%: 0.2pp
The following table shows figures for 30 largest bilateral trade volume in 2013 according to the World Trade Organization. [ 3 ] The 30 largest bilateral trade volume in 2013 (millions of US$ )
U.S. Trade Balance (1895–2015) and Trade Policies. The 1920s marked a decade of economic growth in the United States following a classical supply side policy. [1] U.S. President Warren Harding signed the Emergency Tariff of 1921 and the Fordney–McCumber Tariff of 1922. Harding's policies reduced taxes and protected U.S. business and ...
Exports of goods and services (US$ million) by country or region [1] Country Exports Year Top export (2021) [2] China (mainland) 3,511,248 2023 Broadcasting equipment United States: 3,051,824 2023 Petroleum Germany: 2,104,251 2023 Cars France: 1,081,824 2023 Packaged medications United Kingdom: 1,074,781 2023 Gold Netherlands: 949,983 2023 ...
Barclays estimates that protectionist policy disruptions to trade between the US and the targeted countries would drag down S&P earnings-per-share growth, a chief driver of this year's market ...