Exports were $289.5 billion; imports were $387.8 billion. The U.S. goods and services trade deficit with Mexico was $98.5 billion in 2019.
Mexico is currently our largest goods trading partner
with $614.5 billion in total (two way) goods trade during 2019.
Which country is the #1 trading partner with the United States?
Mexico
is the United States top trading partner. The US is highly dependent on its neighbours, Canada and Mexico, for trade.
Who is US largest trading partner?
| Rank Country Total Trade | — Total, All Countries 2,558.7 | — Total, Top 15 Countries 1,922.0 | 1 Mexico 375.5 | 2 Canada 372.8 |
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Which countries are the United States largest trading partners?
The top five suppliers of U.S. goods imports in 2019 were:
China
($452 billion), Mexico ($358 billion), Canada ($319 billion), Japan ($144 billion), and Germany ($128 billion).
Who is Mexico’s largest trading partner?
| Exporter Trade (US$ Mil) Partner share(%) | United States 206,142 45.28 | China 83,052 18.24 | Japan 17,958 3.94 | Germany 17,690 3.89 |
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What is Mexico’s biggest industry?
Mexico has the ninth-largest economy in the world. Its main industries are
food and beverages, tobacco, chemicals, iron and steel, petroleum, clothing
, motor vehicles, consumer durables, and tourism. It is a major exporter of silver, fruits, vegetables, coffee, cotton, oil and oil products.
What is Mexico’s biggest export?
Among Mexico’s major exports are
machinery and transport equipment, steel, electrical equipment, chemicals, food products, and petroleum and petroleum products
. About four-fifths of Mexico’s petroleum is exported to the United States, which relies heavily on Mexico as one of its principal sources of oil.
Who is Russia’s biggest trading partner?
The EU
is Russia’s biggest trade partner, accounting for 37.3% of the country’s total trade in goods with the world in 2020. 36.5% of Russia’s imports came from the EU and 37.9% of its exports went to the EU. Russia is the origin of 26% of the EU’s oil imports and 40% of the EU’s gas imports*.
What is the US biggest export?
| Rank US Export Product YOY | 1 Processed petroleum oils -30.6% | 2 Crude oil -23% | 3 Cars -18.7% | 4 Integrated circuits/microassemblies +10.3% |
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What is America’s biggest import?
- Machinery (including computers and hardware) – $386.4 billion.
- Electrical machinery – $367.1 billion.
- Vehicles and automobiles – $306.7 billion.
- Minerals, fuels, and oil – $241.4 billion.
- Pharmaceuticals – $116.3 billion.
- Medical equipment and supplies – $93.4 billion.
Who is China’s biggest trade partner?
| Rank | 1. | Importer | United States | Exports from China (US$) | $452,576,771,000 | 2019-20 | +8.1% |
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Who is China’s biggest customer?
| Rank | 1 | Country / Territory | United States | Total trade | 583.3 | Exports | 429.7 | Imports | 153.9 |
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Who is the world’s largest importer?
In 2020,
the U.S.
were the leading import country in the world with an import value of about 2.41 trillion US dollars.
Which country has the largest value of trade with the USA in 2020?
In 2020,
China
was the top trading partner of the United States based on import value. In that year, U.S. imports from China totaled to 435.4 billion U.S. dollars.
What country exports the most?
China
has been the largest exporter of goods in the world since 2009, and total Chinese exports amounted to $2.641 trillion in 2019. China’s exports and economy grew dramatically following the opening of the country under Deng Xiaoping.
What countries rely on the US?
| Rank Country/District Trade Balance | 1 China -375,576 | 2 Canada -17,054 | 3 Mexico -70,953 | – ASEAN -90,693 |
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