Mexico is the United States’ top trade partner, followed by Canada and China. Canada’s share of trade with the United States has risen by 8.9 percent from 2020 to 2023, growing from $515 to $939 billion. At the same time China went from the top trade partner to the third largest, falling from 17 percent of trade to 14.7 percent. However, the value of trade with China has increased by 30.8 percent from $545 to $787 billion. Two notable changes in the ranking of U.S. trade partners include Vietnam’s jump from 68 to 10, and India’s climb from 25 to 9 between 2000 and 2022.
Source:
Bureau of Transportation Statistics