The top three merchandise exporters to the United States in the first half of 2023 were Mexico, Canada and China.

In the top position, Mexico exported $236.046 billion worth of goods to its northern neighbor, up 5.4% year-on-year.

Overall, the U.S. trade and investment regime has remained open and liberal, with 66% of all imports entering duty-free.

Canada ranked as the second largest foreign supplier of goods to the U.S. market, with US$210.605 billion, down 5.3% year-on-year.

Apart from this positive assessment, members of the World Trade Organization (WTO) have raised some concerns regarding the increasing use of anti-dumping and countervailing measures by the United States, as well as their long duration.

At the same time, the United States uses global safeguard measures and Article 232 measures related to U.S. national security in the form of additional tariffs on imports of steel and aluminum products.

Exporters

Also, some WTO members expressed concern regarding the introduction of new provisions to promote Buy American (Buy American) in government procurement legislation.

In third place, China’s exports to the United States were $202.965 billion, down 25.2% from the first half of 2022, according to Census Bureau statistics.

U.S. tariffs are among the lowest in the world. Their arithmetic average is 3.4% on an effectively applied duty basis, and 2.3% on a trade-weighted basis.

In 2021, according to WTO data, 66% of all U.S. imports, including those under preference programs, entered the country duty free.

U.S. services markets are also open to foreign suppliers.

U.S. regulatory processes are generally transparent, accessible and open to the public, including non-U.S. citizens.