<P> The United States had a $231 billion surplus on trade in services, and $703 billion deficit on trade in goods in 2013 . China has expanded its foreign exchange reserves, which included $1.6 trillion of U.S. securities as of 2013 . Americas ten largest trading partners are China, Canada, Mexico, Japan, Germany, South Korea, United Kingdom, France, India and Taiwan . </P> <P> According to the KOF Index of Globalization and the Globalization Index by A.T. Kearney / Foreign Policy Magazine, the U.S. has a relatively high degree of globalization . U.S. workers send a third of all remittances in the world . </P> <Table> <Tr> <Th_colspan="10"> Balance of Trade 2014 </Th> </Tr> <Tr> <Th> </Th> <Th> China </Th> <Th> Euro Area </Th> <Th> Japan </Th> <Th> Mexico </Th> <Th> Pacific </Th> <Th> Canada </Th> <Th> Middle East </Th> <Th> Lat . America </Th> <Th> Total by Product </Th> </Tr> <Tr> <Td> Computer </Td> <Td> - 151.9 </Td> <Td> 3.4 </Td> <Td> - 8.0 </Td> <Td> - 11.0 </Td> <Td> - 26.1 </Td> <Td> 20.9 </Td> <Td> 5.8 </Td> <Td> 12.1 </Td> <Td> - 155.0 </Td> </Tr> <Tr> <Td> Oil, Gas, Minerals </Td> <Td> 1.9 </Td> <Td> 6.4 </Td> <Td> 2.4 </Td> <Td> - 20.8 </Td> <Td> 1.1 </Td> <Td> - 79.8 </Td> <Td> - 45.1 </Td> <Td> - 15.9 </Td> <Td> - 149.7 </Td> </Tr> <Tr> <Td> Transportation </Td> <Td> 10.9 </Td> <Td> - 30.9 </Td> <Td> - 46.2 </Td> <Td> - 59.5 </Td> <Td> - 0.5 </Td> <Td> - 6.1 </Td> <Td> 17.1 </Td> <Td> 8.8 </Td> <Td> - 106.3 </Td> </Tr> <Tr> <Td> Apparel </Td> <Td> - 56.3 </Td> <Td> - 4.9 </Td> <Td> 0.6 </Td> <Td> - 4.2 </Td> <Td> - 6.3 </Td> <Td> 2.5 </Td> <Td> - 0.3 </Td> <Td> - 1.1 </Td> <Td> - 69.9 </Td> </Tr> <Tr> <Td> Electrical Equipment </Td> <Td> - 35.9 </Td> <Td> - 2.4 </Td> <Td> - 4.0 </Td> <Td> - 8.5 </Td> <Td> - 3.3 </Td> <Td> 10.0 </Td> <Td> 1.8 </Td> <Td> 2.0 </Td> <Td> - 40.4 </Td> </Tr> <Tr> <Td> Misc . Manufacturing </Td> <Td> - 35.3 </Td> <Td> 4.9 </Td> <Td> 2.7 </Td> <Td> - 2.8 </Td> <Td> - 1.4 </Td> <Td> 5.8 </Td> <Td> - 1.5 </Td> <Td> 1.8 </Td> <Td> - 25.8 </Td> </Tr> <Tr> <Td> Furniture </Td> <Td> - 18.3 </Td> <Td> - 1.2 </Td> <Td> 0.0 </Td> <Td> - 1.6 </Td> <Td> - 2.1 </Td> <Td> 0.4 </Td> <Td> 0.2 </Td> <Td> 0.0 </Td> <Td> - 22.6 </Td> </Tr> <Tr> <Td> Machinery </Td> <Td> - 19.9 </Td> <Td> - 27.0 </Td> <Td> - 18.8 </Td> <Td> 3.9 </Td> <Td> 7.6 </Td> <Td> 18.1 </Td> <Td> 4.5 </Td> <Td> 9.1 </Td> <Td> - 22.4 </Td> </Tr> <Tr> <Td> Primary Metals </Td> <Td> - 3.1 </Td> <Td> 3.1 </Td> <Td> - 1.8 </Td> <Td> 1.0 </Td> <Td> 1.9 </Td> <Td> - 8.9 </Td> <Td> - 0.9 </Td> <Td> - 10.4 </Td> <Td> - 19.1 </Td> </Tr> <Tr> <Td> Fabricated Metals </Td> <Td> - 17.9 </Td> <Td> - 5.9 </Td> <Td> - 3.5 </Td> <Td> 2.8 </Td> <Td> - 4.3 </Td> <Td> 7.3 </Td> <Td> 1.2 </Td> <Td> 1.9 </Td> <Td> - 18.5 </Td> </Tr> <Tr> <Td> Plastics </Td> <Td> - 15.7 </Td> <Td> - 1.9 </Td> <Td> - 2.0 </Td> <Td> 5.7 </Td> <Td> - 4.1 </Td> <Td> 2.6 </Td> <Td> - 0.1 </Td> <Td> 0.5 </Td> <Td> - 15.0 </Td> </Tr> <Tr> <Td> Textile </Td> <Td> - 12.3 </Td> <Td> - 1.1 </Td> <Td> - 0.3 </Td> <Td> 2.8 </Td> <Td> - 4.6 </Td> <Td> 1.5 </Td> <Td> - 0.9 </Td> <Td> 0.2 </Td> <Td> - 14.7 </Td> </Tr> <Tr> <Td> Beverages, Tobacco </Td> <Td> 1.3 </Td> <Td> - 9.9 </Td> <Td> 0.6 </Td> <Td> - 3.3 </Td> <Td> 0.0 </Td> <Td> 1.0 </Td> <Td> 0.2 </Td> <Td> - 0.6 </Td> <Td> - 10.6 </Td> </Tr> <Tr> <Td> Nonmetallic Minerals </Td> <Td> - 6.1 </Td> <Td> - 1.9 </Td> <Td> - 0.4 </Td> <Td> - 1.2 </Td> <Td> 0.1 </Td> <Td> 1.9 </Td> <Td> - 0.5 </Td> <Td> - 0.8 </Td> <Td> - 8.9 </Td> </Tr> <Tr> <Td> Paper </Td> <Td> - 2.7 </Td> <Td> 1.2 </Td> <Td> 1.1 </Td> <Td> 4.3 </Td> <Td> 1.2 </Td> <Td> - 9.8 </Td> <Td> 0.9 </Td> <Td> - 1.9 </Td> <Td> - 5.8 </Td> </Tr> <Tr> <Td> Chemical </Td> <Td> - 3.9 </Td> <Td> - 39.5 </Td> <Td> - 1.5 </Td> <Td> 19.1 </Td> <Td> 3.2 </Td> <Td> 4.6 </Td> <Td> - 2.4 </Td> <Td> 15.8 </Td> <Td> - 4.7 </Td> </Tr> <Tr> <Td> Food </Td> <Td> 0.7 </Td> <Td> - 3.6 </Td> <Td> 6.1 </Td> <Td> 4.9 </Td> <Td> 0.9 </Td> <Td> 0.1 </Td> <Td> 1.4 </Td> <Td> - 1.1 </Td> <Td> 9.5 </Td> </Tr> <Tr> <Td> Agriculture </Td> <Td> 17.8 </Td> <Td> 6.2 </Td> <Td> 7.3 </Td> <Td> - 3.0 </Td> <Td> 5.7 </Td> <Td> - 0.8 </Td> <Td> 2.8 </Td> <Td> - 6.5 </Td> <Td> 29.5 </Td> </Tr> <Tr> <Td> Petroleum </Td> <Td> 0.6 </Td> <Td> - 1.2 </Td> <Td> 0.1 </Td> <Td> 16.6 </Td> <Td> - 2.0 </Td> <Td> - 0.1 </Td> <Td> 0.6 </Td> <Td> 18.3 </Td> <Td> 32.9 </Td> </Tr> <Tr> <Th> Total by Country / Area </Th> <Th> - 346.1 </Th> <Th> - 106.1 </Th> <Th> - 65.6 </Th> <Th> - 54.9 </Th> <Th> - 33.0 </Th> <Th> - 29.0 </Th> <Th> - 15.1 </Th> <Th> 32.3 </Th> <Th> </Th> </Tr> </Table> <Tr> <Th_colspan="10"> Balance of Trade 2014 </Th> </Tr>

Is the largest component of gdp in the united states