List of the largest trading partners of the United States

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Latest trade data available from various sources. The data from various sources are not from the same year. United States monthly trade data United States quarterly trade data. United States Trade at a Glance: Most Recent Values Latest trade data available from various sources. For viewing trade, tariff data for country or region by year click here.

Please note the exports, imports and tariff data are based on reported data and not gap filled. Please us trading partners 2016 the Data Availability for coverage. Overall Exports and Imports. Definition Total number of products exported by a country at the Harmonized System us trading partners 2016 digit level in any given year. Definition Number of countries to whom a particular country exports data in any given year. Definition Total number of products imported by a country at the Harmonized System HS six digit level in any given year.

Definition Number of countries from which a particular country imports data in any given year. A country us trading partners 2016 trade export or import that is concentrated in a very few markets will have an index us trading partners 2016 close to 1.

Similarly, a country with a perfectly diversified trade portfolio will have an index close to zero. Definition It is calculated as the number of countries to which the reporter exports a particular product divided by the number of countries that report importing the product that year. Us trading partners 2016 Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time.

Data are in current U. Definition Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services.

They exclude compensation of employees and investment income formerly called factor services and transfer payments. Definition Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. United States top 5 Export and Import partners.

Top 5 Products exports imports at HS 6 digit level. Product Code Product Name Petroleum oils, etc, excl. Definition The OTRI captures the trade policy distortions that each country imposes on its import bundle.

It measures us trading partners 2016 uniform tariff equivalent of the country tariff and non-tariff barriers NTB that would generate the same level of import value for the country in a given year.

Definition Number of distinct NTM measures in effect in a country in a particular year. For more information click here Last Updated Jul Definition Us trading partners 2016 population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.

The values shown are midyear estimates. Structure Last Updated Oct Definition GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Dollar figures for GDP are converted from domestic currencies us trading partners 2016 single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Aggregate indicators Last Updated Oct GNI is the sum of value added by all resident producers plus any product taxes less subsidies not included in the valuation of output plus net receipts of primary income compensation of employees and property income from abroad.

GNI, calculated in national currency, is usually converted to U. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and throughthe G-5 countries France, Germany, Japan, the United Kingdom, and the United States.

CD Last Updated Apr ZS Last Updated Apr Definition Economies are ranked on their ease of doing business, from 1— A high ease of us trading partners 2016 business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. The rankings are determined by sorting the aggregate distance to frontier scores on 10 topics, each consisting of several indicators, giving equal weight to each topic.

Definition Trade assesses how the policy framework fosters trade in goods. Total number of products exported by a country at the Harmonized System six digit level in any given year. Number of countries to whom a particular country exports data in any given year. Total number of products imported by a country at the Harmonized System HS six digit level in any given year. Number of countries from which a particular country imports data in any given year. It is calculated us trading partners 2016 the number of countries to which the reporter exports a particular product divided by the number of countries that us trading partners 2016 importing the product that year.

Services refer to economic output of intangible commodities that may be produced, transferred, and us trading partners 2016 at the same time. Imports of goods and services represent the value of all goods and other market services received from the rest of the world.

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. The OTRI captures the trade policy distortions us trading partners 2016 each country imposes on its import bundle. Tariffs can be based on the Applied tariffs, which takes into account the bilateral trade preferences. Tariffs can be based on the MFN tariffs which applied to all trading partners. Number of distinct NTM measures in effect in a country in a particular year.

Please note this indicator is not cross country comparable. For more information click here. Number of products at HS 6 digit level that are affected in a particular year. Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.

Economies are ranked on their ease of doing business, from 1— The ranking of economies on the ease of trading across borders is determined by sorting their distance to frontier scores for trading across borders. LPI Score demonstrate us trading partners 2016 performance—the dimensions show on a scale lowest score to highest score from 1 to 5 relevant to the possible comparison groups—of all countries worldregion and income group.

The LPI uses us trading partners 2016 statistical techniques to aggregate the data into a single indicator that can be used for cross-country comparisons. LPI ranks countries on six dimensions of trade -- including customs performance, infrastructure quality, and timeliness of shipments -- that have increasingly been recognized as important to development.

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Thirteen of the top 15 trading partners upped their purchases of American exports from to Leading the increases were Brazil up There were two declines, As defined by Investopedia, a country whose total value of all imported goods is higher than its value of all exports is said to have a negative trade balance or deficit.

It would be unrealistic for any exporting nation to expect across-the-board positive trade balances with all its importing partners. United States incurred the highest trade deficits with the following countries:. United States incurred the highest trade surpluses with the following countries:.

Shown within parenthesis is the product category that the American business specializes in. The World Factbook, Field Listing: Imports — Commodities , Central Intelligence Agency. Accessed on November 9, JOC.

Accessed on November 9, World's Top Exports Trade metrics that inspire global thinking. United States incurred the highest trade deficits with the following countries: United States incurred the highest trade surpluses with the following countries: Import News , North America , Top partners.

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