Global trade data helps explain some of the dynamics unfolding as President Donald Trump enacts various tariffs.
For example, in the executive order instituting a global 10% baseline tariff, the president said he wants to lower the U.S. trade deficit, propel the country’s exports and limit dependence on imports. However, just a few countries make up a majority of U.S. trade activity, per data analyzed by Supply Chain Dive.
The country’s top four trade partners — the European Union, Mexico, Canada and China — alone made up nearly 60% of total trade in 2024. Add South Korea, Japan, Taiwan, Vietnam and the United Kingdom, and the top nine trading partners make up three quarters of all trade with the U.S.
To help visualize the makeup of U.S. trade, Supply Chain Dive put together the chart below. This story is the first in a series of trade data spotlights. Sign up for our free newsletter to see more as they publish.
