What is an accurate description of the foreign trade United States?
The foreign trade of the United States is characterized by a large trade deficit in goods, a smaller surplus in services, and a net international investment position of negative $8.3 trillion in 2019. The United States is the world's largest importer of goods and the second-largest exporter of goods, after China. The United States is also the largest importer of services and the second-largest exporter of services, after China.
The United States' top trading partners are:
Canada, Mexico, China, Japan, Germany, and South Korea. The United States' top exports are:
transportation equipment, machinery, chemicals, agricultural products, and computer and electronic products. The United States' top imports are:
transportation equipment, machinery, chemicals, agricultural products, and oil.