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U.S top 10 trading partners

 

China is the new number 2 U.S. trade partner in 2006, having surpassed long-time North America Free Trade Partner, Mexico. China's total trade's was USD 343 billion and it surged almost $58 billion in 2006, outpacing Mexico's trade of $42 billion. Its trade with U.S has increase of 20.18% from last year, thus becoming first in the trade growth with U.S. as compared to the rest of the countries. This is due to the increasingly all-time high exports from China. In 2006, U.S. exports from China amounts to USD 203.5 billion. Thus resulting the biggest trade deficit. The U.S. deficit with China was $233 billion, or 28 percent of the total deficit.

 

USD in billion

 

2006
2005
Total Trade
2006
2005
Change ($) 
Change (%)
1 1 Canada 534 502 31 6.25%
2 3 China 343 285 58 20.18%
3 2 Mexico 332 290 42 14.44%
4 4 Japan 208 193 14 7.37%
5 5 Germany 130 119 11 9.63%
6 6 U.K 99 90 9 10.28%
7 7 South Korea 78 72 7 9.42%
8 9 France 61 56 5 9.09%
9 8 Taiwan 61 57 4 7.63%
10 10 Malaysia 49 44 5 11.18%

 

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