Michigan: Trade Statistics
Exporter Rank
6 / 50
Importer Rank
3 / 50
Trade Balance Rank
49 / 50
Total Trade [1]
| Total Exports (2017) (Origin of Movement) | $59,870,398,343 |
| Total Imports (2017) | $140,222,749,693 |
| Trade Balance (2017) | -$80,352,351,350 |
Impact of Trade [2]
| Total Export-Supported Jobs Related to Manufacturing | 257,771 (2016) |
| No. of Businesses Selling Products Overseas | 14,680 (2015) |
| Percentage of Exporters Classified as Small and Medium-size Companies | 89% (2015) |
| Percentage of Exports by Small and Medium-size Companies | 24% (2015) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Canada | $24,895,453,372 |
| Mexico | $12,507,416,360 |
| China | $3,675,185,007 |
| Brazil | $2,257,027,713 |
| Germany | $1,985,561,593 |
| Japan | $1,579,147,003 |
| Korea, South | $1,276,102,471 |
| Italy | $1,155,315,512 |
| United Kingdom | $944,991,396 |
| Australia | $848,650,394 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| Mexico | $52,975,552,256 |
| Canada | $47,400,002,585 |
| China | $9,575,663,057 |
| Korea, South | $5,278,508,065 |
| Germany | $5,078,617,058 |
| Italy | $3,810,457,972 |
| Japan | $3,326,254,120 |
| Spain | $1,353,381,113 |
| Taiwan | $986,958,675 |
| India | $936,595,026 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (87) Motor Vehicles & Parts | $24,754,328,790 |
| (84) Industrial Machinery | $7,897,857,253 |
| (85) Electrical Machinery | $5,151,380,938 |
| (39) Plastics | $2,982,672,054 |
| (27) Oil & Mineral Fuels | $1,695,754,704 |
| (90) Precision Instruments | $1,665,273,408 |
| (73) Iron & Steel Articles | $1,500,098,541 |
| (70) Glass & Glassware | $1,193,875,863 |
| (72) Iron & Steel | $1,120,126,285 |
| (94) Furniture | $1,111,368,974 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (87) Motor Vehicles & Parts | $78,563,488,034 |
| (84) Industrial Machinery | $18,450,463,078 |
| (85) Electrical Machinery | $12,056,949,524 |
| (27) Oil & Mineral Fuels | $3,988,182,597 |
| (94) Furniture | $3,789,505,898 |
| (98) Nesoi | $3,243,329,584 |
| (39) Plastics | $2,300,303,104 |
| (90) Precision Instruments | $2,201,326,834 |
| (72) Iron & Steel | $1,883,578,969 |
| (73) Iron & Steel Articles | $1,385,080,944 |
Sources
Michigan