Michigan: Trade Statistics
Exporter Rank
6 / 50
Importer Rank
3 / 50
Trade Balance Rank
49 / 50
Total Trade [1]
| Total Exports (2016) (Origin of Movement) | $54,450,550,367 |
| Total Imports (2016) | $134,984,418,512 |
| Trade Balance (2016) | -$80,533,868,145 |
Impact of Trade [2]
| Total Export-Supported Jobs Related to Manufacturing | 254,026 (2016) |
| No. of Businesses Selling Products Overseas | 14,997 (2016) |
| Percentage of Exporters Classified as Small and Medium-size Companies | 89% (2016) |
| Percentage of Exports by Small and Medium-size Companies | 23% (2016) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Canada | $23,484,002,248 |
| Mexico | $12,037,182,460 |
| China | $3,181,563,940 |
| Germany | $1,999,356,017 |
| Japan | $1,508,309,602 |
| Brazil | $1,031,050,592 |
| Korea, South | $975,605,224 |
| Italy | $906,286,558 |
| United Kingdom | $877,981,474 |
| Belgium | $725,537,278 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| Mexico | $49,049,558,956 |
| Canada | $48,270,470,553 |
| China | $9,877,463,776 |
| Korea, South | $5,038,318,679 |
| Germany | $4,253,225,263 |
| Italy | $3,209,819,969 |
| Japan | $3,176,718,061 |
| India | $1,010,109,888 |
| Spain | $908,231,969 |
| Taiwan | $866,910,604 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (87) Motor Vehicles & Parts | $22,395,137,287 |
| (84) Industrial Machinery | $7,411,961,465 |
| (85) Electrical Machinery | $4,707,884,659 |
| (39) Plastics | $2,658,193,469 |
| (90) Precision Instruments | $1,646,506,940 |
| (73) Iron & Steel Articles | $1,324,106,560 |
| (27) Oil & Mineral Fuels | $1,140,360,589 |
| (94) Furniture | $1,067,099,085 |
| (70) Glass & Glassware | $1,052,150,258 |
| (28) Inorganic Chemicals | $938,599,796 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (87) Motor Vehicles & Parts | $76,556,106,747 |
| (84) Industrial Machinery | $16,653,032,330 |
| (85) Electrical Machinery | $11,953,004,310 |
| (94) Furniture | $3,968,051,110 |
| (98) Nesoi | $3,455,111,662 |
| (27) Oil & Mineral Fuels | $3,108,180,129 |
| (90) Precision Instruments | $2,166,401,186 |
| (39) Plastics | $2,149,472,822 |
| (72) Iron & Steel | $1,436,856,432 |
| (73) Iron & Steel Articles | $1,315,797,440 |
Sources
Michigan