Key Trade Imbalances

Posted 2026-03-15
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Trade Deficit Analysis

Key Trade Imbalances

China is the 3rd largest trading partner of the U.S. The U.S. is China's 3rd largest trading partner, after ASEAN and the EU.

Taiwan (China)-$133.165B
Largest source of trade deficit. Driven by the global semiconductor supply chain — the U.S. imports large volumes of integrated circuits and semiconductor equipment from Taiwan.
European Union-$86.895B
Deficit concentrated in pharmaceuticals, automotive and machinery sectors, reflecting reliance on high-end manufacturing and medical imports.
Mexico-$72.382B
Primarily cross-border trade in electronics and auto parts, reflecting deep North American supply chain integration.
Thailand-$43.341B
Deficit mainly in computers and electronic components, making Thailand a significant Southeast Asian import source for the U.S.