These are America’s top trading partners - CNNMoney (2024)

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These are America’s top trading partners - CNNMoney? ›

China, Canada and Mexico are the country's largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports.

The top five purchasers of U.S. goods exports in 2022 were: Canada ($356.5 billion), Mexico ($324.3 billion), China ($150.4 billion), Japan ($80.2 billion), and the United Kingdom ($76.2 billion).

China is still the leading trading partner for many countries, and the narrative it being delinked from the global economy is overdone, says the ADB. China's trade with its major partners fell in 2023 — its annual exports dipped for the first time in seven years.

United States imports from the region recovered in 2021, surpassing the pre-pandemic levels–from US$1,183 billion in 2019 to US$1,237 in 2021. Besides Mexico, the top five trade partners in the region are Brazil, Chile, Colombia, and Peru.

In 2021, U.S trade of goods amounted to nearly $4.6 trillion and Canada, Mexico, and China were America's largest trading partners.

Central America's main trading partner is the United States. Central American nations send mainly coffee and bananas to the United States, a trade agreement that accounts for around 32% of their trade revenue.

The most common destination for the exports of China are United States ($551B), Hong Kong ($276B), Japan ($178B), Germany ($152B), and South Korea ($150B).

Major trade partners of Russia 2021, by value

In 2021, Russia's main trade partner was China, as the volume of export and import trade between the two countries reached nearly 141 billion U.S. dollars. China was the country's both leading import origin and export destination.

Trade of Mexico. The United States is Mexico's most important trading partner, and U.S.-based companies account for more than half of Mexico's foreign investment.

What does the US sell to China? ›

US goods exports to China come from a wide range of industries including transportation equipment, agriculture, computers and electronics, and oil and gas, sustaining logistics jobs in America's ports and throughout the country.

U.S. trade with other nations is worth $4.9 trillion per year. China, Canada and Mexico are the country's largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports.

China's Foreign Investment in South America's Mining and Energy Sector: Chinese state-owned firms are heavily involved in energy development; PowerChina, for example, has more than fifty ongoing projects across five Latin American countries – including Argentina, Brazil, Bolivia, Chile, and Peru.

Who is investing in Latin America and the Caribbean? The United States represented the largest segment of foreign investors with 38% of total investments, followed by the European Union with 17%. Interestingly, FDI originating from countries within the region saw an impressive rise from 9% to 14%.

New numbers from the US Census last week indicate that Mexico is the US's top trading partner. In 2023, the US traded $798bn with Mexico as the goods it bought from its southern neighbour surged past China and Canada.

Of the top 25 largest trading partners for the UK, 11 are members of the European Union. As such the European Union is the largest trading partner of the UK.

CHINA. With the second-largest economy in the World, China is the leader in exports. China exported nearly $3.59 trillion worth of goods in 2022.