In 2023, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 475.6 billion U.S. dollars. China and Canada rounded out the top three as these countries continue to enjoy a close trading relationship under the United States-Mexico-Canada trade agreement. Germany and Japan were also high on the list, both providing the U.S. with over 140 billion dollars worth of imports in 2023.

This page displays a table with United States Imports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade.

The U.S. goods trade deficit with China increased by nearly 20 billion U.S. dollars in 2024, as China still had the biggest impact on U.S. bilateral trade. This is according to seasonally adjusted trade date from within the United States. Following the results of the U.S. elections in 2024, discussions surfaced on the potential of tariffs for countries that have a large trade surplus with the United States. The president-elect stated that trade tariffs of 60 percent and 25 percent might be implemented for goods from China or Mexico, respectively. The effects of such measures on the forecast GDP growth across the world were not yet clear. In Europe, however, Germany might be the most affected economy when the U.S. does implement tariffs.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

This statistic depicts the leading 15 trade partners with the United States in 2021 by country. In that year, Canada was the biggest trading partner with the United States, with a trade value that amounted to about 664.8 billion U.S. dollars. These 15 countries made up 75 percent of the United States total international trade value.

This page displays a table with United States Exports By Country,exports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade.

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

In 2024, the total value of U.S. trade goods amounted to approximately 5.4 trillion U.S. dollars. This shows the significance and scale of international trade for the economy of the United States. In 2024, the United States imported goods valuing around 3.3 trillion U.S. dollars from international trading partners, in comparison the value of goods exported from the United States to other countries amounted to around 2.1 trillion U.S. dollars.Import and export trade The import of trade goods relate to goods brought into the United States. This typically refers to goods grown, produced, or manufactured in other countries. Imports include goods of domestic origin which have been worked on abroad before reentering the United States. The export of trade goods refer to goods sold internationally which were grown, produced, or manufactured in the United States. It also includes commodities of foreign origin which have been changed in the United States from the form in which they were imported, or which have been enhanced in value or condition by further processing or manufacturing within the United States before again being sold internationally. Leading trade partners of the United States In 2023, Mexico was the largest source of goods imported into the United States, with goods valuing approximately 475.6 billion U.S. dollars. Mexico and Canada were the second and third largest exporters of goods to the United States, respectively. In 2023, Canada was the leading destination of goods exported from the United States, with U.S. trade goods worth over 350 billion U.S. dollars exported to Canada. Mexico and China also feature at the top of the list of importers of U.S. goods.

Techsalerator’s Import/Export Trade Data for North America

Techsalerator’s Import/Export Trade Data for North America delivers an exhaustive and nuanced analysis of trade activities across the North American continent. This extensive dataset provides detailed insights into import and export transactions involving companies across various sectors within North America.

Coverage Across All North American Countries

The dataset encompasses all key countries within North America, including:

1. United States

The dataset provides detailed trade information for the United States, the largest economy in the region. It includes extensive data on trade volumes, product categories, and the key trading partners of the U.S. 2. Canada

Data for Canada covers a wide range of trade activities, including import and export transactions, product classifications, and trade relationships with major global and regional partners. 3. Mexico

Comprehensive data for Mexico includes detailed records on its trade activities, including exports and imports, key sectors, and trade agreements affecting its trade dynamics. 4. Central American Countries:

Belize Costa Rica El Salvador Guatemala Honduras Nicaragua Panama The dataset covers these countries with information on their trade flows, key products, and trade relations with North American and international partners. 5. Caribbean Countries:

Bahamas Barbados Cuba Dominica Dominican Republic Grenada Haiti Jamaica Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Trinidad and Tobago Trade data for these Caribbean nations includes detailed transaction records, sector-specific trade information, and their interactions with North American trade partners. Comprehensive Data Features

Transaction Details: The dataset includes precise details on each trade transaction, such as product descriptions, quantities, values, and dates. This allows for an accurate understanding of trade flows and patterns across North America.

Company Information: It provides data on companies involved in trade, including names, locations, and industry sectors, enabling targeted business analysis and competitive intelligence.

Categorization: Transactions are categorized by industry sectors, product types, and trade partners, offering insights into market dynamics and sector-specific trends within North America.

Trade Trends: Historical data helps users analyze trends over time, identify emerging markets, and assess the impact of economic or political events on trade flows in the region.

Geographical Insights: The data offers insights into regional trade flows and cross-border dynamics between North American countries and their global trade partners, including significant international trade relationships.

Regulatory and Compliance Data: Information on trade regulations, tariffs, and compliance requirements is included, helping businesses navigate the complex regulatory environments within North America.

Applications and Benefits

Market Research: Companies can leverage the data to discover new market opportunities, analyze competitive landscapes, and understand demand for specific products across North American countries.

Strategic Planning: Insights from the data enable companies to refine trade strategies, optimize supply chains, and manage risks associated with international trade in North America.

Economic Analysis: Analysts and policymakers can monitor economic performance, evaluate trade balances, and make informed decisions on trade policies and economic development strategies.

Investment Decisions: Investors can assess trade trends and market potentials to make informed decisions about investments in North America's diverse economies.

Techsalerator’s Import/Export Trade Data for North America offers a vital resource for organizations involved in international trade, providing a thorough, reliable, and detailed view of trade activities across the continent.

In 2023, the United States traded close to 799 billion U.S. dollars’ worth of goods with their neighbor. That year, the U.S. imported more goods from Mexico than it exported, leading to a trade deficit, or negative trade balance.

Mexico’s imports from the United States

The majority of cosmetics and personal care imports to Mexico originated from the U.S., while other Latin American countries, such as Colombia and Brazil, contributed significantly less in terms of import value. When it comes to apparel items, the United States was also among the leading trade partners for Mexico, although far behind China, where Mexico imported nearly all of its clothes from.

Leading product categories Mexico exports to the Unites States

The United States is Mexico’s most important trading partner when it comes to the export of cosmetics and personal care products. Canada, as the only other non-Latin American country on the list, was also among the leading export destinations. Furthermore, the United States is the main destination country for Mexico’s apparel exports.

Techsalerator’s Import/Export Trade Data for Latin America

Techsalerator’s Import/Export Trade Data for Latin America delivers an extensive and detailed analysis of trade activities throughout the Latin American region. This comprehensive dataset provides valuable insights into import and export transactions involving companies across various sectors within Latin America.

Coverage Across All Latin American Countries

The dataset encompasses all countries in Latin America, including:

Argentina Bolivia Brazil Chile Colombia Ecuador Guyana Paraguay Peru Suriname Uruguay Venezuela Additionally, it includes countries in Central America and the Caribbean:

Belize Costa Rica El Salvador Guatemala Honduras Nicaragua Panama Cuba Dominican Republic Haiti Jamaica Trinidad and Tobago Comprehensive Data Features

Transaction Details: The dataset provides detailed information on individual trade transactions, including product descriptions, quantities, values, and dates. This allows for precise tracking of trade flows and patterns.

Company Information: It includes specific details about the companies involved in trade, such as company names, locations, and industry sectors, facilitating targeted market research and business analysis.

Categorization: Transactions are categorized by industry sectors, product types, and trade partners. This helps in understanding market dynamics and sector-specific trends within the region.

Trade Trends: Users can analyze historical data to observe trends and shifts in trade volumes, identify emerging markets, and assess the impact of economic or political events on trade patterns.

Geographical Insights: The data offers insights into regional trade flows and the relationships between Latin American countries and their global trade partners, including major trading nations outside the region.

Regulatory and Compliance Data: The dataset includes information on trade regulations, tariffs, and compliance requirements, aiding businesses in navigating the regulatory landscape of international trade within Latin America.

Applications and Benefits

Market Research: Businesses can utilize the data to uncover new market opportunities, analyze competitive landscapes, and understand consumer demand across various Latin American countries.

Strategic Planning: Companies can leverage insights from the data to refine trade strategies, optimize supply chains, and mitigate risks associated with international trade in the region.

Economic Analysis: Analysts and policymakers can use the data to monitor economic performance, evaluate trade balances, and make informed decisions on trade policies and economic development initiatives.

Investment Decisions: Investors can assess trade trends and market potentials to make informed decisions about investments in Latin America’s diverse economies.

Techsalerator’s Import/Export Trade Data for Latin America provides a crucial resource for organizations involved in international trade, offering a detailed, reliable, and expansive view of trade activities across the Latin American continent.

United States US: Trade Balance: Other Countries Not Elsewhere Classified data was reported at 90.733 USD mn in Mar 2018. This records an increase from the previous number of 63.659 USD mn for Dec 2017. United States US: Trade Balance: Other Countries Not Elsewhere Classified data is updated quarterly, averaging 5.000 USD mn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 201.700 USD mn in Jun 2008 and a record low of -100.000 USD mn in Jun 1960. United States US: Trade Balance: Other Countries Not Elsewhere Classified data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Quarterly.

US: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Lao People Democratic Republic data was reported at -26.980 USD mn in Mar 2018. This records a decrease from the previous number of -18.421 USD mn for Dec 2017. US: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Lao People Democratic Republic data is updated quarterly, averaging -0.100 USD mn from Sep 1961 (Median) to Mar 2018, with 220 observations. The data reached an all-time high of 8.000 USD mn in Sep 1974 and a record low of -26.980 USD mn in Mar 2018. US: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Lao People Democratic Republic data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Quarterly.

United States US: Trade Balance: Other Countries Not Elsewhere Classified: North Korea data was reported at 0.003 USD mn in 2017. This records a decrease from the previous number of 0.139 USD mn for 2016. United States US: Trade Balance: Other Countries Not Elsewhere Classified: North Korea data is updated yearly, averaging 2.500 USD mn from Dec 1975 (Median) to 2017, with 29 observations. The data reached an all-time high of 52.200 USD mn in 2008 and a record low of -0.576 USD mn in 1989. United States US: Trade Balance: Other Countries Not Elsewhere Classified: North Korea data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Annual.

This data package includes the underlying data and files to replicate the calculations, charts, and tables presented in US-China Trade War: Both Countries Lose, World Markets Adjust, Others Gain, PIIE Policy Brief 19-17. If you use the data, please cite as: Robinson, Sherman, and Karen Thierfelder. (2019). US-China Trade War: Both Countries Lose, World Markets Adjust, Others Gain. PIIE Policy Brief 19-17. Peterson Institute for International Economics.

This page displays a table with China Imports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade.

United States US: Trade Balance: Advanced Economies: Singapore data was reported at 10.356 USD bn in 2017. This records an increase from the previous number of 9.068 USD bn for 2016. United States US: Trade Balance: Advanced Economies: Singapore data is updated yearly, averaging 162.500 USD mn from Dec 1958 (Median) to 2017, with 58 observations. The data reached an all-time high of 13.811 USD bn in 2014 and a record low of -3.963 USD bn in 1996. United States US: Trade Balance: Advanced Economies: Singapore data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Annual.

United States US: Trade Balance: Advanced Economies: Korea data was reported at -1.803 USD bn in May 2018. This records a decrease from the previous number of -1.617 USD bn for Apr 2018. United States US: Trade Balance: Advanced Economies: Korea data is updated monthly, averaging -267.300 USD mn from Feb 1960 (Median) to May 2018, with 698 observations. The data reached an all-time high of 626.400 USD mn in Mar 1997 and a record low of -3.283 USD bn in Apr 2016. United States US: Trade Balance: Advanced Economies: Korea data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Monthly.

As of 2024, the United States had a trade deficit of about 918 billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.

United States Trade Balance: India: sa data was reported at -1.908 USD bn in May 2018. This records an increase from the previous number of -2.040 USD bn for Apr 2018. United States Trade Balance: India: sa data is updated monthly, averaging -1.743 USD bn from Jan 2009 (Median) to May 2018, with 113 observations. The data reached an all-time high of -22.000 USD mn in Aug 2009 and a record low of -2.656 USD bn in Apr 2014. United States Trade Balance: India: sa data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.