Michigan: Trade Statistics
Exporter Rank
8 / 50
Importer Rank
5 / 50
Trade Balance Rank
46 / 50
Total Trade [1]
| Total Exports (2020) (Origin of Movement) | $44,367,005,911 |
| Total Imports (2020) | $115,890,103,887 |
| Trade Balance (2020) | -$71,523,097,976 |
Impact of Trade [2]
| Total Export-Supported Jobs Related to Manufacturing | 271,337 (2016) |
| No. of Businesses Selling Products Overseas | 12,279 (2016) |
| Percentage of Exporters Classified as Small and Medium-size Companies | 90% (2016) |
| Percentage of Exports by Small and Medium-size Companies | 22% (2016) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Canada | $17,752,792,092 |
| Mexico | $8,699,277,473 |
| China | $2,456,516,772 |
| Germany | $1,618,966,688 |
| Korea, South | $1,333,871,834 |
| Japan | $1,173,263,007 |
| Italy | $993,655,174 |
| Spain | $896,664,259 |
| Brazil | $760,340,094 |
| Belgium | $749,629,174 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| Mexico | $47,466,295,681 |
| Canada | $33,300,493,335 |
| China | $7,426,388,969 |
| Korea, South | $6,346,517,308 |
| Germany | $3,565,031,494 |
| Japan | $2,861,098,327 |
| Italy | $2,769,727,279 |
| India | $1,537,838,329 |
| Vietnam | $999,938,621 |
| Taiwan | $854,820,661 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (87) Motor Vehicles & Parts | $15,987,107,753 |
| (84) Industrial Machinery | $6,373,053,757 |
| (85) Electrical Machinery | $3,803,707,627 |
| (39) Plastics | $2,544,089,961 |
| (90) Precision Instruments | $1,398,385,989 |
| (29) Organic Chemicals | $1,034,372,034 |
| (27) Oil & Mineral Fuels | $1,017,220,874 |
| (30) Pharmaceuticals | $965,054,049 |
| (70) Glass & Glassware | $937,537,562 |
| (73) Iron & Steel Articles | $905,544,791 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (87) Motor Vehicles & Parts | $63,366,059,462 |
| (84) Industrial Machinery | $13,773,950,242 |
| (85) Electrical Machinery | $10,669,468,976 |
| (98) Nesoi | $4,054,221,462 |
| (94) Furniture | $3,058,073,346 |
| (27) Oil & Mineral Fuels | $2,296,516,332 |
| (90) Precision Instruments | $2,002,226,598 |
| (39) Plastics | $1,867,282,620 |
| (73) Iron & Steel Articles | $1,263,078,834 |
| (72) Iron & Steel | $1,129,059,565 |
Sources
Michigan