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The largest import and export merchandise trade partners for most countries of the world are listed below. Details for the European Union, Hong Kong and Macau are also included. In most cases the data relates to 2021 rankings. Data was extracted from the World Trade Organization's Trade Profile Database. [1] [2]
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.
Since 1994, the United States and Mexico have tightened their economic ties. The US is Mexico's largest trading partner. For the US, Mexico is the largest trading partner as of 2023, surpassing both Canada and China. In 2017, two-way trade between both nations amounted to US$521.5 billion. [112]
Volkswagen's Audi plant in San Jose Chiapa, Mexico, makes the Q5, employing just over 5,000 people. In the first half of 2024, nearly 40,000 were exported to the U.S., according to the Mexican ...
The U.S. and Mexico are each other's largest trade partners, and Mexico is Latin America's No. 2 economy. Sheinbaum took office earlier this week for a six-year term, while the United States will ...
Mexico is currently the United States' largest trading partner, outpacing China. Trade between the U.S. and Mexico topped $855 billion annually in 2022, according to the Office of the U.S. Trade ...
The most influential FTA is the United States–Mexico–Canada Agreement (USMCA), which came into effect in 2020, and was signed in 2018 by the governments of the United States, Canada and Mexico. In 2006, trade with Mexico's two northern partners accounted for almost 90% of its exports and 55% of its imports. [27]
Location of Mexico. Mexico is a federal republic in the southern half of North America. Mexico has the fifteenth largest nominal GDP and the eleventh largest by purchasing power parity. The Mexican economy is strongly linked to those of its North American Free Trade Agreement (NAFTA) partners, especially the United States.