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Monday, August 19, 2019

Maritime Logistics Professional

Posted by February 7, 2017

US’ Top Five Trading Partners

© jcpjr / Adobe Stock

© jcpjr / Adobe Stock

The U.S.’ top five trading partner countries for goods in 2016 were China, Canada, Mexico, Japan and Germany, according to full year 2016 U.S. international trade in goods and services data compiled by the U.S. Census Bureau and the Bureau of Economic Analysis.

 
U.S. trade with China was $578.6 billion: $115.8 billion in exports and $462.8 billion in imports. The top three U.S. exports to China in 2016 were civilian aircraft, soybeans and passenger cars, while the primary imports were cell phones and other household goods, computers and telecommunications equipment. 
 
The country’s second largest goods trading partner was Canada, at $544.9 billion. Exports to Canada were $266.8 billion and imports were $278.1 billion. The top U.S. exports to Canada were automotive parts and accessories; passenger cars and trucks, buses and special purpose vehicles. The top imports from Canada were passenger cars, crude oil and automotive parts and accessories. 
 
Mexico was the third largest U.S. trading partner in 2016, totaling $525.1 billion. Exports were $231 billion and imports totaled $294.2 billion. The primary exports to Mexico were automotive parts and accessories, electric apparatus and computer accessories. On the import side, the primary categories were also automotive parts and accessories; trucks, buses and special purposes vehicles; and passenger cars.
 
Japan saw the fourth highest level of merchandise trade with the U.S. in 2016, totaling $195.5 billion. Exports were $63.3 billion and imports were $132.2 billion. The primary U.S. exports to Japan were civilian aircraft, engines and parts, followed by pharmaceutical preparations and medicinal equipment. On the import side, the top category was passenger cars, followed by automotive parts and accessories and industrial machines. 
 
Germany rounded out the list, at $163.6 billion. Exports were $49.4 billion and imports were $114.2 billion. The top U.S. exports to Germany were passenger cars; civilian aircraft, engines and parts; and pharmaceutical preparations. The primary imports were passenger cars, pharmaceutical preparations and automotive parts and accessories.
Canadacell phonesCrude oil