Which countries does the US have the highest trade deficit with?
In 2024, the US experienced significant trade deficits with several leading trading partners, with China at the top at $295bn - nearly double that of Mexico at $172bn in the second position.
(in billion $)
| Country | China |
|---|---|
| Exports | $144bn |
| Imports | $439bn |
| Deficit ($B) | −295 |
| Country | Mexico |
| Exports | $334bn |
| Imports | $506bn |
| Deficit ($B) | −172 |
| Country | Vietnam |
| Exports | $13bn |
| Imports | $137bn |
| Deficit ($B) | −123 |
| Country | Ireland |
| Exports | $17bn |
| Imports | $103bn |
| Deficit ($B) | −87 |
| Country | Germany |
| Exports | $76bn |
| Imports | $160bn |
| Deficit ($B) | −85 |
| Country | Taiwan |
| Exports | $42bn |
| Imports | $116bn |
| Deficit ($B) | −74 |
| Country | Japan |
| Exports | $80bn |
| Imports | $148bn |
| Deficit ($B) | −68 |
| Country | South Korea |
| Exports | $66bn |
| Imports | $132bn |
| Deficit ($B) | −66 |
| Country | Canada |
| Exports | $349bn |
| Imports | $413bn |
| Deficit ($B) | −63 |
| Country | India |
| Exports | $42bn |
| Imports | $87bn |
| Deficit ($B) | −46 |
| Deficit ($B) | ||||
|---|---|---|---|---|
| 1 | China | $144bn | $439bn | −295 |
| 2 | Mexico | $334bn | $506bn | −172 |
| 3 | Vietnam | $13bn | $137bn | −123 |
| 4 | Ireland | $17bn | $103bn | −87 |
| 5 | Germany | $76bn | $160bn | −85 |
| 6 | Taiwan | $42bn | $116bn | −74 |
| 7 | Japan | $80bn | $148bn | −68 |
| 8 | South Korea | $66bn | $132bn | −66 |
| 9 | Canada | $349bn | $413bn | −63 |
| 10 | India | $42bn | $87bn | −46 |
