Michigan: Trade Statistics
Exporter Rank
11 / 50
Importer Rank
6 / 50
Trade Balance Rank
47 / 50
Total Trade [1]
| Total Exports (2021) (Origin of Movement) | $88,728,295,447 |
| Total Imports (2021) | $262,086,860,854 |
| Trade Balance (2021) | -$173,358,565,407 |
Impact of Trade [2]
| Total Export-Supported Jobs Related to Manufacturing | 271,337 (2016) |
| No. of Businesses Selling Products Overseas | 12,279 (2016) |
| Percentage of Exporters Classified as Small and Medium-size Companies | 90% (2016) |
| Percentage of Exports by Small and Medium-size Companies | 22% (2016) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Canada | $22,171,785,377 |
| Mexico | $10,616,815,388 |
| China | $2,877,481,570 |
| Brazil | $2,423,671,664 |
| Germany | $1,713,068,613 |
| Japan | $1,384,718,700 |
| Korea, South | $1,277,985,497 |
| Belgium | $824,099,050 |
| Spain | $709,034,890 |
| Australia | $707,414,813 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| Mexico | $51,973,962,945 |
| Canada | $37,906,846,715 |
| China | $7,968,090,803 |
| Korea, South | $7,205,973,581 |
| Germany | $4,744,677,929 |
| Japan | $3,815,466,614 |
| Italy | $2,775,481,323 |
| India | $1,573,484,801 |
| Holy See (Vatican City) | $1,340,192,116 |
| Solomon Islands | $1,167,021,931 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (87) Motor Vehicles & Parts | $23,752,132,888 |
| (84) Industrial Machinery | $11,064,270,777 |
| (30) Pharmaceuticals | $10,939,579,813 |
| (85) Electrical Machinery | $6,463,288,762 |
| (39) Plastics | $4,492,969,479 |
| (27) Oil & Mineral Fuels | $3,104,793,744 |
| (90) Precision Instruments | $2,599,505,917 |
| (70) Glass & Glassware | $2,060,315,662 |
| (29) Organic Chemicals | $1,912,003,288 |
| (72) Iron & Steel | $1,751,986,924 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (87) Motor Vehicles & Parts | $127,421,329,144 |
| (84) Industrial Machinery | $33,318,737,416 |
| (85) Electrical Machinery | $26,269,324,378 |
| (27) Oil & Mineral Fuels | $9,675,627,118 |
| (98) Nesoi | $9,525,412,258 |
| (94) Furniture | $7,122,976,208 |
| (72) Iron & Steel | $5,539,413,210 |
| (39) Plastics | $5,106,306,012 |
| (90) Precision Instruments | $4,410,169,670 |
| (73) Iron & Steel Articles | $3,365,887,150 |
Sources
Michigan