Michigan: Trade Statistics
Exporter Rank
8 / 50
Importer Rank
4 / 50
Trade Balance Rank
47 / 50
Total Trade [1]
| Total Exports (2019) (Origin of Movement) | $55,802,054,729 |
| Total Imports (2019) | $142,333,501,811 |
| Trade Balance (2019) | -$86,531,447,082 |
Impact of Trade [2]
| Total Export-Supported Jobs Related to Manufacturing | 271,337 (2016) |
| No. of Businesses Selling Products Overseas | 12,279 (2016) |
| Percentage of Exporters Classified as Small and Medium-size Companies | 90% (2016) |
| Percentage of Exports by Small and Medium-size Companies | 22% (2016) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Canada | $23,117,367,306 |
| Mexico | $11,160,094,313 |
| China | $3,240,019,996 |
| Germany | $2,046,733,184 |
| Japan | $1,445,562,802 |
| Korea, South | $1,401,732,330 |
| Italy | $1,173,344,298 |
| Belgium | $928,365,281 |
| Brazil | $920,771,724 |
| United Kingdom | $903,941,121 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| Mexico | $58,200,153,323 |
| Canada | $45,117,098,785 |
| China | $8,698,200,336 |
| Korea, South | $5,942,810,314 |
| Germany | $4,539,237,340 |
| Japan | $3,558,576,940 |
| Italy | $2,662,036,992 |
| India | $1,972,477,300 |
| Spain | $1,219,597,130 |
| Taiwan | $937,557,033 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (87) Motor Vehicles & Parts | $22,679,003,518 |
| (84) Industrial Machinery | $7,677,016,268 |
| (85) Electrical Machinery | $4,557,663,880 |
| (39) Plastics | $2,849,319,424 |
| (90) Precision Instruments | $1,647,264,407 |
| (27) Oil & Mineral Fuels | $1,374,495,444 |
| (88) Aircraft | $1,220,837,009 |
| (29) Organic Chemicals | $1,161,334,520 |
| (70) Glass & Glassware | $1,142,118,906 |
| (73) Iron & Steel Articles | $1,116,423,398 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (87) Motor Vehicles & Parts | $82,371,442,529 |
| (84) Industrial Machinery | $16,591,012,614 |
| (85) Electrical Machinery | $11,748,585,758 |
| (98) Nesoi | $4,659,351,764 |
| (94) Furniture | $3,584,524,202 |
| (27) Oil & Mineral Fuels | $3,212,737,865 |
| (90) Precision Instruments | $2,231,818,992 |
| (39) Plastics | $2,167,944,498 |
| (72) Iron & Steel | $1,438,901,316 |
| (73) Iron & Steel Articles | $1,409,306,450 |
Sources
Michigan