Who Trades More With The Us Canada Or Mexico?

Mexico.
It marks the first time Mexico has been the No. 1 trading partner of the U.S. since January. Canada ranked No. 2, as its total trade with America was $70.04 billion in August, and China rated third with $63.2 billion.

Which country does the U.S. trade with the most?

China
Year-to-Date Total Trade

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Rank Country Percent of Total Trade
Total, All Countries 100.0%
Total, Top 15 Countries 74.6%
1 China 16.9%
2 Canada 14.8%

Is Mexico the largest U.S. trading partner?

Mexico is the United States’ second largest trade partner; bilateral trade has increased in 2022.

How much does Canada trade with Mexico?

Canadian trade and investment with Mexico is steadily growing, with over $41.7 billion in two-way merchandise trade in 2021. Mexico is Canada’s third largest single-country merchandise trading partner (after U.S. and China). Canada was Mexico’s sixth-largest merchandise trading partner in 2021.

Who is Mexico’s #1 trading partner?

United States
Mexico top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 330,434 79.24
Unspecified 12,264 2.94
Canada 11,139 2.67
China 7,788 1.87

Who is Canada’s biggest trading 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 are the 3 biggest trade partners to the United States?

List of the largest trading partners of the United States

Rank Country/District Imports
1 China 505,470
2 Canada 299,319
3 Mexico 314,267
ASEAN 168,948

Who is America’s favorite trading partner?

U.S. imports – top trading partners 2021
In 2021, China was the top trading partner of the United States based on import value. In that year, U.S. imports from China totaled to 506.4 billion U.S. dollars.

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What country is the biggest trade partner?

China
While China is currently the world’s largest trading partner, this hasn’t always been the case. This series of graphics by Anders Sundell outlines the history of the world’s biggest trade hubs, showing how the landscape has evolved since 1960.

What percentage of US trade is with Mexico?

In 2021, Mexico is the No. 1 trading partner in terms of trading value, followed by Canada and China. In 2021, 15.8% of total U.S. exports to the World were exported to Mexico and 13.6% of the total U.S. Imports were imported from Mexico.

What 3 countries does Canada trade with the most?

For viewing trade, tariff data for country or region by year click here.
Canada top 5 Export and Import partners.

Exporter Trade (US$ Mil) Partner share(%)
United States 197,728 48.84
China 57,055 14.09
Mexico 22,333 5.52
Germany 12,882 3.18

Does Canada rely on 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.

Where does Canada rank in trade?

List of the largest trading partners of Canada

Rank Territory Total trade
1 United States 751,795.8
European Union 125,394.3
2 China 98,241.9
3 Mexico 44,231.3
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Is Mexico a U.S. trade partner?

In 2021, U.S. goods and services trade with Mexico totaled $725.7 billion, making Mexico our second largest trading partner.

Is Mexico a good trade partner?

Mexico ranked as the United States’ top trading partner in August, accounting for $70.3 billion in cross-border commerce according to the most recent data from the U.S. Census Bureau.

What’s Mexico’s biggest export?

Exports The top exports of Mexico are Cars ($41.6B), Computers ($31.5B), Motor vehicles; parts and accessories (8701 to 8705) ($27.1B), Delivery Trucks ($23.8B), and Crude Petroleum ($17.8B), exporting mostly to United States ($326B), Canada ($16.1B), China ($8.82B), Germany ($8.21B), and South Korea ($5.86B).

Who is Canada’s biggest customer?

the United States
Almost 75 per cent of Canada’s total exports go to the United States. (See Canada-US Economic Relations.) Other major markets include the European Union, China and Japan.

What percentage of Canada trade is with the US?

Canada is traditionally the top U.S. export market, accounting for 17.5% of all U.S. goods exports in 2021. In 2021, Canada became the top trading partner of the United States. Canada and the United States trade over US$2 billion in goods and services daily.

Is Canada the US largest trading partner?

U.S.-Canada Trade Facts
Canada is currently our 2nd largest goods trading partner with $612.1 billion in total (two way) goods trade during 2019. Goods exports totaled $292.6 billion; goods imports totaled $319.4 billion. The U.S. goods trade deficit with Canada was $26.8 billion in 2019.

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Who are the top 4 trading partners of the US?

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

What are the top 5 countries the US trades with?

The top five purchasers of U.S. goods exports in 2019 were: Canada ($292.6 billion), Mexico ($256.6 billion), China ($106.4 billion), Japan ($74.4 billion), and the United Kingdom ($69.1 billion). U.S. goods exports to the European Union 27 were $267.6 billion.