These are America's 10 top trading partners
U.S. trade with other countries was worth more than $4.1 trillion last year
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President Trump made trade, and ending trade imbalance, a centerpiece of his 2016 presidential campaign, by imposing a series of tariffs on other countries, including China, Canada, Mexico and the European Union.
U.S. trade with other countries was worth more than $4.1 trillion last year, with the nation importing close to $2.5 trillion in goods and exporting about $1.6 trillion, according to Census Bureau data.
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Although the U.S. and China inked a phase one trade deal in January that was supposed to be followed by a phase two agreement, the coronavirus pandemic has taken precedent.
“I don’t think about it now,” Trump recently told reporters aboard Air Force One. The president has become a frequent critic of Beijing's response to COVID-19. “They could have stopped the plague, they could have stopped it, they didn’t stop it.”
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These are the 10 biggest trading partners for 2019, according to the Census Bureau, which tracks U.S. imports and exports on a month-to-month basis:
- Mexico: $614.5 billion
- Canada: $612.4 billion
- China: $558.9 billion
- Japan: $218.3 billion
- Germany: $187.8 billion
- South Korea: $134.4 billion
- United Kingdom: $132.3 billion
- France: $95.2 billion
- India: $92.1 billion
- Taiwan: $85.5 billion
In terms of imports, however, the U.S. receives the most amount of goods from China. At $143.6 billion, China accounts for roughly 16 percent of U.S. imports. It's followed by Mexico at $118.3 billion and Canada and $105.7 billion.
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Conversely, the U.S. exports the most -- $98.9 billion, or roughly 17 percent -- to Canada. That's followed by $83.2 billion to Mexico and $40.2 billion to China as of 2019.
Unsurprisingly, the U.S. has the biggest trade deficit with China at more than $103 billion. It has the second-largest deficit with Mexico at $35 billion and the third-largest with Switzerland at $27.4 billion.
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