What Are The Main Trading Partners Of The United States And Canada?

List of the largest trading partners of the United States

Rank Country/District Imports
European Union 434,633
1 China 505,470
2 Canada 299,319
3 Mexico 314,267

Who are the main trading partners of Canada?

United States
Canada top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 284,478 73.25
China 18,861 4.86
United Kingdom 14,855 3.83
Japan 9,244 2.38
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Who is the US’s biggest trading partner?

Year-to-Date Total Trade

Rank Country Total Trade
Total, All Countries 303.6
Total, Top 15 Countries 226.5
1 China 51.4
2 Canada 44.9

Is Canada a major trading partner with the US?

Trade. Canada and the U.S. share one of the largest trading relationships in the world, with over $1 trillion in bilateral trade in goods and services in 2021. That year, Canada was the largest U.S. trading partner in goods and services.

Who are the top 4 US trading partners?

Who Does the U.S. Trade Most With?

Rank U.S. Trade Partners Goods Exports (in billion U.S. dollars)
#1 Canada $307.6
#2 Mexico $276.5
#3 China $151.1
#4 Japan $75.0

What does the US trade with Canada?

In 2020, of the $255.1 billion in U.S. exports to Canada, the top commodity sectors were Machinery and Mechanical Appliances (23.8%), Transportation Equipment (17.8%), and Chemicals, Plastics, and Leather products (15.3%).

Who is the US largest trading partner 2022?

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.

What does US import from Russia?

In 2021, of the $29.7 billion in U.S. imports from Russia, the top commodity sectors were Oils and Minerals, Lime, and Cement (59.2%), Base Metals, Iron, Steel, Tools (13.4%), and Stone, Glass, Metals, Pearls (10.1%). In 2021, 7.9% of U.S. total imports of Oils and Minerals, Lime, and Cement were from Russia.

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What does the US export to Canada?

In 2021, U.S. exports of goods to Canada totaled US$308.4 billion. The top export categories (2-digit HS) in 2021 to Canada were: machinery (US$44 billion), vehicles (US$44 billion), electrical machinery (US$24 billion), mineral fuels (US$23 billion), and plastics (US$16 billion).

Who are Canada’s top 3 trading partners?

Canada’s Top 5 Trading Partners

  • United States—$337 billion (USD) (75.4% of total Canadian exports)
  • China—$18 billion (USD) (3.9% of total Canadian exports)
  • United Kingdom—US $15 billion (3.3% of total Canadian exports)
  • Japan—US$9 billion (2.1% of total Canadian exports)

Who is Canada’s biggest trade partner?

The United States
The United States is Canada’s chief trading partner, constituting more than two-thirds of all Canadian trade; exports account for a larger share of trade than imports.

Who is the No 1 trader?

Damani who guided Rakesh Jhunjhunwala, the real kind of the Indian stock market. Being the wealthiest trader in India, he has a portfolio worth Rs. 202,200 crores at present.

What does US and Canada share?

The United States and Canada share the world’s longest international border, 5,525 miles with 120 land ports-of-entry, and our bilateral relationship is one of the closest and most extensive. Nearly $2.6 billion a day in goods and services trade cross between us every day.

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What does US have that Canada doesn t?

In the US you get Hot Cocoa Oreos, Mystery Oreos, Red Velvet Oreos, Birthday Cake Oreos, Peanut Butter & Jelly Oreos, Jelly Donut Oreos, Dunkin Donuts Mocha Oreos, and more. Crazy!

What is Canada’s main import from the US?

Vehicles ($52 billion)
When it comes to goods, the biggest category of imports to Canada from the US is vehicles. After the United States, Canada is the second-largest automotive market in North America. Additionally, the US is Canada’s primary source for imported vehicles.

What does the US get from China?

United States Imports from China Value Year
Machinery, nuclear reactors, boilers $115.64B 2021
Toys, games, sports requisites $40.42B 2021
Furniture, lighting signs, prefabricated buildings $31.45B 2021
Plastics $27.05B 2021

What American products come from Russia?

Here are the 5 largest Russian exports to the United States

  • mineral fuels.
  • precious metals and stones.
  • iron and steel.
  • fertilizers.
  • inorganic chemicals.

What does the US trade with China?

Top U.S. imports from China include consumer electronics, appliances, and other consumer goods (e.g., furniture, clothing, footwear, and toys). China also supplies key intermediate goods (e.g., auto components and active pharmaceutical ingredients).

What does the US buy from Ukraine?

United States Imports from Ukraine Value Year
Iron and steel $1.02B 2021
Articles of iron or steel $138.31M 2021
Electrical, electronic equipment $99.38M 2021
Animal, vegetable fats and oils, cleavage products $88.93M 2021
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Who is buying Russian oil?

The Top Importers of Russian Fossil Fuels

Country Value of fossil fuel imports from Russia (Feb 24 – Jun 4) % of Russian fossil fuel export revenue
China $13.2B 13.5%
Germany $12.7B 12.9%
Italy $8.2B 8.4%
Netherlands $8.2B 8.4%

What does Ukraine provide to the US?

The top goods of Ukrainian exports to the USA in 2021 were: ferrous metals (56.2%) and articles (8.7%); ore, slag and ash (4.6%); fats and oils of animal origin (3.8%); electrical machinery (3.7%).