
Which Economies Rely Most on U.S. Trade?
Key Takeaways
- Trade with the U.S. is equivalent to 48% of Mexico’s GDP and 44% of Vietnam’s in 2025, more than six times the global average of 6.5%.
- Canada has the third-highest exposure among large economies with GDP above $100 billion, with U.S. trade equal to 31% of its GDP.
- China, one of America’s largest trading partners, has U.S. trade equal to just 2% of its GDP.
When U.S. trade policy shifts, some economies barely notice. For others, trade with the U.S. is large enough to noticeably influence economic growth.
The differences are striking: some major economies have deep trade ties to the U.S., while others are far less exposed relative to the size of their economies.
This graphic maps each country’s goods trade with the U.S. (exports plus imports) as a share of GDP in 2025, using data from the U.S. Census Bureau, the U.S. International Trade Commission, the World Trade Organization, and the IMF.
Why Vietnam Ranks Nearly as High as Mexico
Vietnam’s economy runs on trade: its exports and imports together were worth 190% of its GDP in 2025.
The U.S. is Vietnam’s largest export market, and bilateral trade equals 44% of Vietnam’s GDP, second only to Mexico among large economies.
The table below ranks the 25 economies with GDP above $100 billion where trade with the U.S. is largest relative to GDP:
| Rank | Country (GDP over $100B) | Trade With the U.S. (% of GDP) |
|---|---|---|
| 1 | Mexico |
47.8 |
| 2 | Vietnam |
43.9 |
| 3 | Canada |
31.3 |
| 4 | Taiwan |
28.2 |
| 5 | Costa Rica |
23.7 |
| 6 | Ireland |
21.3 |
| 7 | Thailand |
19.7 |
| 8 | Malaysia |
19.0 |
| 9 | Switzerland |
17.3 |
| 10 | Dominican Republic |
16.2 |
| 11 | Ecuador |
13.9 |
| 12 | Singapore |
13.3 |
| 13 | Guatemala |
12.9 |
| 14 | Chile |
11.0 |
| 15 | South Korea |
10.6 |
| 16 | Netherlands |
9.7 |
| 17 | Hong Kong |
9.1 |
| 18 | Belgium |
8.8 |
| 19 | Colombia |
8.3 |
| 20 | Venezuela |
6.9 |
| 21 | United Arab Emirates |
6.9 |
| 22 | Peru |
6.9 |
| 23 | Hungary |
6.2 |
| 24 | Israel |
5.7 |
| 25 | Philippines |
5.6 |
Goods trade with the U.S. (exports plus imports) as a share of GDP in 2025. Includes economies with GDP of about $100 billion or more.
Vietnam’s exports to the U.S. rose 28.1% to more than $153 billion in 2025, led by computers and electronics amid American efforts to reduce supply chain dependence on China.
Taiwan, where goods trade with the U.S. equals 28% of GDP, saw exports to the U.S. rise 78% to $198.3 billion in 2025. Together with Vietnam, Thailand (20%), and Malaysia (19%), four of the eight large economies most exposed to U.S. trade are major hubs in the supply chains behind the world’s electronics.
America’s Biggest Partners Are Often Less Exposed
Mexico and Canada are the only trillion-dollar economies in the top 10, with U.S. trade equal to 48% and 31% of GDP, respectively. For Canada, energy is a major part of that relationship: 90.1% of its crude oil exports went to the U.S. in 2025.
Across economies of all sizes, several smaller countries rank even higher. Nicaragua (34%), Cambodia (34%), and Honduras (32%) all rank above Canada, as apparel and assembly industries tie them closely to U.S. demand.
The full dataset below ranks every economy with available data, including smaller ones:
| Rank | Country | Trade With the U.S. (% of GDP) |
|---|---|---|
| 1 | Mexico |
47.8 |
| 2 | Vietnam |
43.9 |
| 3 | Nicaragua |
33.9 |
| 4 | Cambodia |
33.6 |
| 5 | Honduras |
32.0 |
| 6 | Canada |
31.3 |
| 7 | Taiwan |
28.2 |
| 8 | Guyana |
25.0 |
| 9 | Costa Rica |
23.7 |
| 10 | Trinidad and Tobago |
22.9 |
| 11 | Ireland |
21.3 |
| 12 | Thailand |
19.7 |
| 13 | Malaysia |
19.0 |
| 14 | El Salvador |
18.7 |
| 15 | Switzerland |
17.3 |
| 16 | Dominican Republic |
16.2 |
| 17 | Aruba |
14.6 |
| 18 | Grenada |
14.6 |
| 19 | Ecuador |
13.9 |
| 20 | Jamaica |
13.6 |
| 21 | Singapore |
13.3 |
| 22 | Saint Vincent and the Grenadines |
12.9 |
| 23 | Guatemala |
12.9 |
| 24 | Laos |
12.3 |
| 25 | Suriname |
12.2 |
| 26 | Chile |
11.0 |
| 27 | Panama |
10.6 |
| 28 | South Korea |
10.6 |
| 29 | Paraguay |
10.2 |
| 30 | Micronesia |
9.8 |
| 31 | Netherlands |
9.7 |
| 32 | Dominica |
9.2 |
| 33 | Hong Kong |
9.1 |
| 34 | Belgium |
8.8 |
| 35 | Jordan |
8.8 |
| 36 | Barbados |
8.7 |
| 37 | Colombia |
8.3 |
| 38 | Palau |
7.2 |
| 39 | Venezuela |
6.9 |
| 40 | United Arab Emirates |
6.9 |
| 41 | Peru |
6.9 |
| 42 | Fiji |
6.8 |
| 43 | Hungary |
6.2 |
| 44 | Lesotho |
6.2 |
| 45 | Georgia |
5.9 |
| 46 | Haiti |
5.8 |
| 47 | Israel |
5.7 |
| 48 | Philippines |
5.6 |
| 49 | Bahrain |
5.5 |
| 50 | South Africa |
5.4 |
| 51 | Japan |
5.2 |
| 52 | Slovakia |
5.0 |
| 53 | Libya |
4.9 |
| 54 | Lithuania |
4.8 |
| 55 | Germany |
4.8 |
| 56 | Iceland |
4.7 |
| 57 | Italy |
4.7 |
| 58 | Samoa |
4.6 |
| 59 | Djibouti |
4.6 |
| 60 | Slovenia |
4.6 |
| 61 | Uruguay |
4.2 |
| 62 | Brazil |
4.2 |
| 63 | Nigeria |
4.1 |
| 64 | Morocco |
4.1 |
| 65 | United Kingdom |
4.1 |
| 66 | Austria |
4.1 |
| 67 | Madagascar |
4.0 |
| 68 | Vanuatu |
3.9 |
| 69 | India |
3.9 |
| 70 | Sweden |
3.8 |
| 71 | Tuvalu |
3.8 |
| 72 | New Zealand |
3.8 |
| 73 | Denmark |
3.7 |
| 74 | Malta |
3.6 |
| 75 | Gabon |
3.6 |
| 76 | France |
3.6 |
| 77 | Finland |
3.5 |
| 78 | Liberia |
3.5 |
| 79 | Australia |
3.4 |
| 80 | Egypt |
3.4 |
| 81 | Czechia |
3.3 |
| 82 | Indonesia |
3.3 |
| 83 | Liechtenstein |
3.2 |
| 84 | Oman |
3.2 |
| 85 | Iraq |
3.1 |
| 86 | Estonia |
3.1 |
| 87 | Lebanon |
3.0 |
| 88 | Qatar |
3.0 |
| 89 | Tunisia |
2.8 |
| 90 | Togo |
2.8 |
| 91 | Poland |
2.8 |
| 92 | Argentina |
2.7 |
| 93 | Gambia |
2.7 |
| 94 | Tonga |
2.7 |
| 95 | Bangladesh |
2.7 |
| 96 | Namibia |
2.7 |
| 97 | Portugal |
2.7 |
| 98 | Côte d’Ivoire |
2.7 |
| 99 | Spain |
2.6 |
| 100 | Kuwait |
2.5 |
| 101 | Latvia |
2.5 |
| 102 | Turkey |
2.4 |
| 103 | Democratic Republic of the Congo |
2.3 |
| 104 | Luxembourg |
2.3 |
| 105 | Ethiopia |
2.3 |
| 106 | China |
2.2 |
| 107 | Ghana |
2.2 |
| 108 | Sierra Leone |
2.2 |
| 109 | Pakistan |
2.2 |
| 110 | Norway |
2.2 |
| 111 | North Macedonia |
2.0 |
| 112 | Bulgaria |
2.0 |
| 113 | Saudi Arabia |
2.0 |
| 114 | Ukraine |
1.8 |
| 115 | Senegal |
1.8 |
| 116 | Republic of the Congo |
1.8 |
| 117 | Greece |
1.7 |
| 118 | San Marino |
1.7 |
| 119 | Kazakhstan |
1.7 |
| 120 | Timor-Leste |
1.7 |
| 121 | Croatia |
1.6 |
| 122 | Maldives |
1.6 |
| 123 | Mauritius |
1.6 |
| 124 | Benin |
1.5 |
| 125 | Bolivia |
1.5 |
| 126 | Equatorial Guinea |
1.5 |
| 127 | Botswana |
1.5 |
| 128 | Zambia |
1.5 |
| 129 | Angola |
1.5 |
| 130 | Cabo Verde |
1.4 |
| 131 | Mauritania |
1.4 |
| 132 | São Tomé and Príncipe |
1.4 |
| 133 | Kenya |
1.4 |
| 134 | Eswatini (Swaziland) |
1.4 |
| 135 | Brunei |
1.3 |
| 136 | Mozambique |
1.3 |
| 137 | Solomon Islands |
1.3 |
| 138 | Romania |
1.3 |
| 139 | Algeria |
1.3 |
| 140 | Serbia |
1.2 |
| 141 | Mongolia |
1.1 |
| 142 | Myanmar (Burma) |
1.1 |
| 143 | Kiribati |
1.1 |
| 144 | Seychelles |
1.1 |
| 145 | South Sudan |
1.0 |
| 146 | Moldova |
0.9 |
| 147 | Albania |
0.9 |
| 148 | Kyrgyzstan |
0.9 |
| 149 | Nauru |
0.8 |
| 150 | Cameroon |
0.8 |
| 151 | Guinea |
0.8 |
| 152 | Uzbekistan |
0.7 |
| 153 | Cyprus |
0.7 |
| 154 | Armenia |
0.7 |
| 155 | Azerbaijan |
0.7 |
| 156 | Macau |
0.7 |
| 157 | Yemen |
0.6 |
| 158 | Bosnia and Herzegovina |
0.6 |
| 159 | Montenegro |
0.6 |
| 160 | Nepal |
0.5 |
| 161 | Rwanda |
0.5 |
| 162 | Tanzania |
0.5 |
| 163 | Malawi |
0.5 |
| 164 | Papua New Guinea |
0.5 |
| 165 | Uganda |
0.5 |
| 166 | Central African Republic |
0.5 |
| 167 | Chad |
0.4 |
| 168 | Somalia |
0.4 |
| 169 | Kosovo |
0.4 |
| 170 | Andorra |
0.3 |
| 171 | Bhutan |
0.3 |
| 172 | Guinea-Bissau |
0.3 |
| 173 | Burkina Faso |
0.3 |
| 174 | Afghanistan |
0.2 |
| 175 | Zimbabwe |
0.2 |
| 176 | Tajikistan |
0.2 |
| 177 | Turkmenistan |
0.2 |
| 178 | Comoros |
0.2 |
| 179 | Burundi |
0.2 |
| 180 | Russia |
0.2 |
| 181 | Mali |
0.1 |
| 182 | Sudan |
0.1 |
| 183 | Niger |
0.1 |
| 184 | Belarus |
0.0 |
| 185 | Iran |
0.0 |
| 186 | Puerto Rico |
0.0 |
| — | Global Average |
6.5 |
Goods trade with the U.S. (exports plus imports) as a share of GDP in 2025.
China sits at just 2%, about one-third of the global average. Despite the enormous value of U.S.-China trade, it is relatively small compared with China’s $19.6 trillion economy and its trade with the rest of the world. Germany and Japan, two other major economies, are both at 5%.
Switzerland (17%) is Europe’s most exposed economy after Ireland (21%). That exposure became costly in 2025, when the U.S. imposed a 39% tariff on many Swiss exports from August to November before a framework deal reduced it to 15%.
Learn More on the Voronoi App
If you enjoyed today’s post, check out The Export Dependency of Major Economies on Voronoi.


Mexico
Vietnam
Canada
Taiwan
Costa Rica
Ireland
Thailand
Malaysia
Switzerland
Dominican Republic
Ecuador
Singapore
Guatemala
Chile
South Korea
Netherlands
Hong Kong
Belgium
Colombia
Venezuela
United Arab Emirates
Peru
Hungary
Israel
Philippines
Nicaragua
Cambodia
Honduras
Guyana
Trinidad and Tobago
El Salvador
Aruba
Grenada
Jamaica
Saint Vincent and the Grenadines
Laos
Suriname
Panama
Paraguay
Micronesia
Dominica
Jordan
Barbados
Palau
Fiji
Lesotho
Georgia
Haiti
Bahrain
South Africa
Japan
Slovakia
Libya
Lithuania
Germany
Iceland
Italy
Samoa
Djibouti
Slovenia
Uruguay
Brazil
Nigeria
Morocco
United Kingdom
Austria
Madagascar
Vanuatu
India
Sweden
Tuvalu
New Zealand
Denmark
Malta
Gabon
France
Finland
Liberia
Australia
Egypt
Czechia
Indonesia
Liechtenstein
Oman
Iraq
Estonia
Lebanon
Qatar
Tunisia
Togo
Poland
Argentina
Gambia
Tonga
Bangladesh
Namibia
Portugal
Côte d’Ivoire
Spain
Kuwait
Latvia
Turkey
Democratic Republic of the Congo
Luxembourg
Ethiopia
China
Ghana
Sierra Leone
Pakistan
Norway
North Macedonia
Bulgaria
Saudi Arabia
Ukraine
Senegal
Republic of the Congo
Greece
San Marino
Kazakhstan
Timor-Leste
Croatia
Maldives
Mauritius
Benin
Bolivia
Equatorial Guinea
Botswana
Zambia
Angola
Cabo Verde
Mauritania
São Tomé and Príncipe
Kenya
Eswatini (Swaziland)
Brunei
Mozambique
Solomon Islands
Romania
Algeria
Serbia
Mongolia
Myanmar (Burma)
Kiribati
Seychelles
South Sudan
Moldova
Albania
Kyrgyzstan
Nauru
Cameroon
Guinea
Uzbekistan
Cyprus
Armenia
Azerbaijan
Macau
Yemen
Bosnia and Herzegovina
Montenegro
Nepal
Rwanda
Tanzania
Malawi
Papua New Guinea
Uganda
Central African Republic
Chad
Somalia
Kosovo
Andorra
Bhutan
Guinea-Bissau
Burkina Faso
Afghanistan
Zimbabwe
Tajikistan
Turkmenistan
Comoros
Burundi
Russia
Mali
Sudan
Niger
Belarus
Iran
Puerto Rico
Global Average












