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Balance of trade with the United States. 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. In 2023, Mexico is still the second largest trading partner of the United States after Canada. [1]
The country’s biggest trading partners were Mexico, China, and Canada. The $4 trillion in imports marked the highest amount on record for the US, with $3.3 trillion of imports coming from goods.
List of the largest trading partners of the United States This page was last edited on 15 September 2017, at 12:47 (UTC). Text is available under the Creative Commons ...
For most economies worldwide, their leading export and import trading partners in terms of value are typically the United States, European Union (EU) or China. Emerging markets such as Russia, Brazil, India, South Africa, Saudi Arabia, The UAE, Turkey, and Iran are becoming increasingly important as major markets or source countries in various regions.
Truck Parking Club used data from the Bureau of Transportation Statistics and Census Bureau to explore U.S. freight trade with Canada and Mexico. ... 800-290-4726 more ways to reach us.
The authority of Congress to regulate international trade is set out in the United States Constitution (Article I, Section 8, Paragraph 1): . The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and to promote the general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform ...
Donald Trump's plans could spark trade wars, fuel volatility, reignite inflation, and spur a flight to safety in markets, analysts said.
Different sources of trade data may provide more or less complete data coverage, and more or less detail: reported vs. mirrored: One key distinction in trade data is between the reporting country (the country that provides data) and the partner country (the country listed as an export partner or import partner in the data provided by a reporting country).