In 2024, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 505.85 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 2024.

In 2023, Canada was the top trading partner with the United States based on export value. The U.S. exported goods worth about 354.36 billion U.S. dollars to Canada in that year. Mexico, China, the Netherlands, and Germany rounded out the top five export partners in that year.

This statistic depicts the leading 15 trade partners with the United States in 2023 by country. In that year, Canada was the second biggest trading partner with the United States, with a total trade value that amounted to about *** billion U.S. dollars.

The United States recorded a trade deficit of 71.52 USD Billion in May of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

description: Annual and year-to-date data on the United States' top trading partners, ranked by export value; abstract: Annual and year-to-date data on the United States' top trading partners, ranked by export value

The United States' total Imports in 2024 were valued at US$3.36 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main import partners were: Mexico, China and Canada. The top three import commodities were: Machinery, nuclear reactors, boilers; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$2.06 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

In 2023, the main trade partner of Brazil was China: trade between both countries exceeded 157 billion U.S. dollars. Furthermore, the South American economy registered a trade surplus of 51 billion dollars with China. The United States ranked as the second most important trade partner, although in this case Brazil had a trade deficit.

Japan's total Exports in 2024 were valued at US$707.39 Billion, according to the United Nations COMTRADE database on international trade. Japan's main export partners were: the United States, China and South Korea. The top three export commodities were: Vehicles other than railway, tramway; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$742.67 Billion. In 2024, Japan had a trade deficit of US$35.28 Billion.

The United States' total Exports in 2024 were valued at US$2.06 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main export partners were: Canada, Mexico and China. The top three export commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$3.36 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

Mexico's total Exports in 2024 were valued at US$618.98 Billion, according to the United Nations COMTRADE database on international trade. Mexico's main export partners were: the United States, Canada and China. The top three export commodities were: Vehicles other than railway, tramway; Electrical, electronic equipment and Machinery, nuclear reactors, boilers. Total Imports were valued at US$625.87 Billion. In 2024, Mexico had a trade deficit of US$6.89 Billion.

China's total Exports in 2024 were valued at US$3.58 Trillion, according to the United Nations COMTRADE database on international trade. China's main export partners were: the United States, Hong Kong and Vietnam. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Imports were valued at US$2.59 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.

Israel's total Exports in 2024 were valued at US$60.26 Billion, according to the United Nations COMTRADE database on international trade. Israel's main export partners were: the United States, Ireland and China. The top three export commodities were: Electrical, electronic equipment; Optical, photo, technical, medical apparatus and Pearls, precious stones, metals, coins. Total Imports were valued at US$91.85 Billion. In 2024, Israel had a trade deficit of US$31.60 Billion.

With a total trade volume of 5.9 billion U.S. dollars, Brazil ranked as the most important trade partner of Argentina in the first quarter of 2024. During that same period, Argentina's largest trade deficit was with China, as the balance reached -1,158 million dollars.

Russia's leading five export partners in 2023 were China, India, Turkey, Kazakhstan, and Brazil. The value of total exports from Russia to its major trade partner — China — exceeded 128 billion U.S. dollars. Trade between Russia and China China was not only the leading export destination of Russian commodities, but also the major import partner of the country. Prior to 2018, the value of Russian imports from China prevailed the Russian exports’ worth to the country. It was in 2018 when for the first time, the trade balance of Russia with China turned positive and amounted to about 3.8 billion U.S. dollars. Russia's primary export goods, mineral and energy products, were also the most imported commodities by China from the country. Russian trade with Europe Trade flows between Russia and the EU have been in decline over the past years. In 2023, the EU export value to Russia exceeded 38 billion U.S. dollars — roughly 12 billion U.S. dollars below the EU imports’ worth from Russia in that year. Germany was the major importer of Russian goods in the region.

In 2023, Germany did the most trade with China, almost ***** billion euros worth. The USA and the Netherlands followed in second and third place. The value of trade with the listed countries refers to both imports and exports.

Canada's total Exports in 2024 were valued at US$569.17 Billion, according to the United Nations COMTRADE database on international trade. Canada's main export partners were: the United States, China and the United Kingdom. The top three export commodities were: Mineral fuels, oils, distillation products; Vehicles other than railway, tramway and Machinery, nuclear reactors, boilers. Total Imports were valued at US$558.45 Billion. In 2024, Canada had a trade surplus of US$10.72 Billion.

In 2024, China's merchandise trade surplus amounted to around 992.2 billion U.S. dollars, significantly higher than in the previous year. The merchandise trade balance is the value of exported goods minus the value of imported goods. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. Trade balance and partnersIn 2024, Chinese imports of goods amounted to approximately 2.59 trillion U.S. dollars, whereas total exports added up to about 3.58 trillion U.S. dollars. In contrast, China’s invisible trade balance, an indicator measuring services and government transfers between countries, closed with a deficit and ranged at about -92 billion U.S. dollars at the end of 2022. Being an economy heavily reliant on export, China ranked first among countries with the highest trade surplus, followed by Germany and Russia. The United States, with imports exceeding exports by approximately 1.15 trillion U.S. dollars that year, ranked first among leading import countries worldwide. In 2023, the value of the U.S. imports from China exceeded the exports to China by around 279.4 billion U.S. dollars. Another important trade partner for China is the European Union. In 2023, the EU imported around 514 billion euro-worth of goods from China, leading to a trade deficit of around 291 billion euros. Product categories with the highest trade deficit were mostly finished goods such as machinery and transport equipment, clothing, and other manufactures, whereas product categories with a more balanced trade sheet consisted of raw materials and agricultural products to a large extent.

China's total Imports in 2024 were valued at US$2.59 Trillion, according to the United Nations COMTRADE database on international trade. China's main import partners were: South Korea, the United States and Japan. The top three import commodities were: Electrical, electronic equipment; Mineral fuels, oils, distillation products and Ores slag and ash. Total Exports were valued at US$3.58 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.

In the year 2024, the United States imported more than 26 million metric tons of steel products, of which 23 percent were from Canada, making it the leading trade partner for the United States. That year, India was the last country in this ranking, with just above 232,000 metric tons of imported products.