Michigan: Trade Statistics
Exporter Rank
7 / 50
Importer Rank
4 / 50
Trade Balance Rank
47 / 50
Total Trade [1]
| Total Exports (2018) (Origin of Movement) | $58,034,773,175 |
| Total Imports (2018) | $146,652,478,727 |
| Trade Balance (2018) | -$88,617,705,552 |
Impact of Trade [2]
| Total Export-Supported Jobs Related to Manufacturing | 257,771 (2016) |
| No. of Businesses Selling Products Overseas | 14,680 (2015) |
| Percentage of Exporters Classified as Small and Medium-size Companies | 89% (2015) |
| Percentage of Exports by Small and Medium-size Companies | 24% (2015) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Canada | $23,903,167,191 |
| Mexico | $12,290,436,037 |
| China | $3,555,803,936 |
| Germany | $1,971,354,474 |
| Japan | $1,431,787,737 |
| Korea, South | $1,386,855,425 |
| Italy | $1,257,809,810 |
| Brazil | $1,040,399,121 |
| United Kingdom | $908,096,375 |
| Belgium | $765,952,132 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| Mexico | $56,257,802,663 |
| Canada | $47,351,815,437 |
| China | $10,387,251,094 |
| Korea, South | $6,253,584,335 |
| Germany | $5,708,383,770 |
| Italy | $3,971,709,314 |
| Japan | $3,173,588,486 |
| India | $1,994,461,810 |
| Spain | $1,006,444,125 |
| Taiwan | $975,979,247 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (87) Motor Vehicles & Parts | $23,415,489,245 |
| (84) Industrial Machinery | $8,209,554,526 |
| (85) Electrical Machinery | $4,752,755,349 |
| (39) Plastics | $3,053,319,286 |
| (90) Precision Instruments | $1,711,015,494 |
| (27) Oil & Mineral Fuels | $1,235,196,703 |
| (73) Iron & Steel Articles | $1,217,379,991 |
| (70) Glass & Glassware | $1,142,185,942 |
| (88) Aircraft | $1,114,019,203 |
| (94) Furniture | $1,095,157,402 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (87) Motor Vehicles & Parts | $82,044,290,876 |
| (84) Industrial Machinery | $18,806,589,060 |
| (85) Electrical Machinery | $12,703,203,306 |
| (98) Nesoi | $4,013,677,327 |
| (27) Oil & Mineral Fuels | $3,931,299,997 |
| (94) Furniture | $3,829,055,258 |
| (39) Plastics | $2,331,794,728 |
| (90) Precision Instruments | $2,227,917,419 |
| (72) Iron & Steel | $2,088,017,626 |
| (73) Iron & Steel Articles | $1,499,761,942 |
Sources
Michigan