On average, the U.S. is the destination for 18% of goods exports from G20 member countries. Canada and Mexico each send about three-quarters of their goods exports to this country. Only 0.9% of Russia's exports go to the U.S., which is the lowest share among G20 countries.
The Importance of the U.S. Market for Countries Worldwide
Access to the U.S. market, as the largest economy in the world, remains very important for many countries. However, the closest neighbors of the U.S. have a much greater dependence on this market, while other large economies globally do not share such dependence. This chart ranks the G20 countries based on the share of their goods exports to the U.S. The data is extracted from the latest available statistics in 2025 from the UN Comtrade database and the Observatory for Economic Complexity. This analysis considers only goods trade, and the African Union and the European Union, despite being members of the G20, are not included in this ranking.
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Canada and Mexico's Dependence on the U.S.
Due to deep trade relations with the U.S., Canada and Mexico are more vulnerable than other countries to changes in Washington's trade policies. The U.S. is the destination for 72.3% of Canada's exports and 81.9% of Mexico's exports, while the average share of the U.S. in G20 countries' exports is only 18.1%. This has resulted in these two countries having the highest dependence on the U.S. market.
The table below shows the G20 economies based on the share of their goods exports to the U.S. in 2025:
| Rank | Country | Share of Exports to the U.S. |
|---|---|---|
| 1 | Mexico | 81.9% |
| 2 | Canada | 72.3% |
| 3 | Japan | 18.6% |
| 4 | India | 18.3% |
| 5 | South Korea | 17.4% |
| 6 | United Kingdom | 15.9% |
| 7 | China | 14.7% |
| 8 | Indonesia | 11% |
| 9 | Brazil | 10.9% |
| 10 | Italy | 10.8% |
| 11 | Argentina | 9.6% |
| 12 | Germany | 9.4% |
| 13 | France | 8.6% |
| 14 | Australia | 7.4% |
| 15 | South Africa | 7.1% |
| 16 | Turkey | 6% |
| 17 | Saudi Arabia | 4.3% |
| 18 | Russia | 0.9% |
Decades of economic integration have led to this export concentration. The North American Free Trade Agreement (NAFTA), which was implemented in 1994, reduced trade barriers between Canada, Mexico, and the U.S. This agreement was replaced in 2020 by the USMCA. In recent years, the second Trump administration imposed tariffs on both of America's neighbors. Negotiations between Ottawa and Washington have also reached a deadlock, resulting in Canada imposing retaliatory tariffs.
Mexico, which has the highest export dependence on the U.S. among G20 countries, is still negotiating with Washington to prevent further tariffs on agricultural and automotive sectors.
Other G20 Countries' Shares of Exports to the U.S.
Aside from North America, no other country in the G20 sends a share of its exports to the U.S. close to that of Canada and Mexico. However, traditional U.S. allies like Japan (18.6%), South Korea (17.4%), and the United Kingdom (15.9%) still send a significant portion of their goods to the U.S. EU member countries generally have less dependence on the U.S. market, as a large part of their trade occurs within this economic bloc. Germany, the largest economy in Europe, sends 9.4% of its exports to the U.S.; a figure lower than Italy's 10.8% and higher than France's 8.6%.
In Latin America, Argentina (9.6%) and Brazil (10.9%) allocate much less of their exports to the U.S. compared to Mexico. China, the largest exporter in the world, also sends less than 15% of its exports to the U.S. Saudi Arabia (4.3%) and Russia (0.9%) have the lowest shares of exports to the U.S. among the countries in this ranking. Both countries are major oil and gas exporters and have broader markets in Asia and Europe.
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