U.S. Trade Overview: Top Partners & Volumes (2020 Data)

Per World Bank / U.S. Census Bureau data for 2020:

Totals

• Exports: $1.43 trillion
• Imports: $2.39 trillion
• Trade Deficit: $962 billion

Top 5 Trading Partners (Total Goods Trade)

1. Canada: $531.7B (14.4%) – #1 partner
2. Mexico: $487.4B (13.2%) – #2
3. China: $451.8B (12.3%) – #3
4. Japan: $201.6B (5.5%)
5. Germany: $188.4B (5.1%)

Key Context

• USMCA partners (Canada + Mexico) = $1.02 trillion (27.6% of total trade).
• China trade dropped from 2018 peak due to tariffs & pandemic.
• Services surplus (~$250B) partially offsets goods deficit.

For real-time data, visit Census Bureau Foreign Trade or BEA International Trade.