- China saw the largest decline, with its share of U.S. imports dropping by 7.7 percentage points from 2017 to 2024.
- Mexico (+2.2 pp), Vietnam (+2.0 pp), and Taiwan (+1.6 pp) recorded the largest gains in U.S. imports share.
The United States’ trade relationships have shifted dramatically over the last decade, reflecting changes in global supply chains, geopolitics, and economic policy.
This visualization tracks whether America’s top import partners have gained or lost share from 2017 to 2024, showing the percentage point change for each country’s share of U.S. imports using data from Citi Global Perspectives & Solutions.
Looking at the data of changes among U.S. import partners, America’s diversification away from China is clearly visible in the 7.7 percentage point drop in import share since 2017.
The other major countries which had the most significant drops in their share of U.S. imports were Japan (-1.2 pp), Russia (-0.6), and Saudi Arabia (-0.5).
Rising labor costs in China along with growing concerns about supply chain resilience and diversification pushed the U.S. towards growing trade with neighbors like Mexico (2.2 pp) and various Asian countries like Vietnam (2.0 pp), Taiwan (1.6 pp), and South Korea (1.0 pp).
While China remains a key trade partner, its decline signals a structural shift in U.S. sourcing of goods even before Trump’s second term as president.
Mexico’s strong manufacturing base and bordering location have made it a preferred alternative to China for manufacturing goods.
Meanwhile, Vietnam has benefited from competitive labor costs and its growing role in electronics and textiles production.
Credit: Visual Capitalist
