The departure of Venezuela for MERCOSUR marked the demise of a major trade partner.
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Although Australia is New Zealand's biggest trade partner, it accounts for only 22% of its exports.
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Even during recent years of cartel crime, modern Mexico has emerged a vital trade partner for U.S. businesses.
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The EU is China's biggest trade partner and Beijing needs Europeans to be able to buy its goods.
Israel, too, appears to have realised it can no longer afford to ignore the views of its leading trade partner.
Mexico is the third largest trade partner of the U.S., accounting for 12.9% of the total U.S. trade in 2012.
Too bad an ongoing conflict with neighboring Azerbaijan over the primarily Armenian region of Nagorno-Karabakh has turned off a big trade partner, Turkey.
Because this time Argentina would see not only a monetary squeeze, but a currency undercut by that of its main (and Mercosur) trade partner.
To its neighbours, China is such an important trade partner and competitor that they dare not let their currencies strengthen too far against the yuan.
The U.S. is Jamaica's biggest trade partner and source of tourists.
Note: Be sure you are comfortable with the complexities barter can introduce into your life and be up-front with your trade partner on the legalities.
But in 2010 alone, China's trade with Africa expanded by more than 43%, according to official Chinese trade data, and it replaced the U.S. as Africa's largest trade partner.
Despite Lesotho's market-based economy being heavily tied to its neighbor South Africa, the US is an important trade partner because of the export sector's heavy dependence on apparel exports.
Whenever the European Union Algeria's biggest trade partner and the holder of most clout tries, however feebly, to do anything at all useful, it gets an instant snub from Algeria, and stops.
Over the last decade, China, Africa's largest trade partner, has quietly invested significant sums in building communications infrastructure across Africa, providing technical upgrades for state broadcasters and training journalists from across the continent.
Though the trade agreement will put competitive pressure on the Colombian agricultural sector the disadvantages posed by US competition are outweighed by the advantages of easier access to the market of Colombia's largest trade partner.
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Though Kazakhstan takes part in a customs union with Russia and is a member of the Shanghai Cooperation Organization, a security pact that includes both Russia and China, its largest trade partner is the European Union.
Another country with a national pavilion, India, has good reason to promote itself in the U.S.: up to 65 percent of India's software exports land in the U.S., and India is the U.S.'s biggest software trade partner.
Chen said in a profile piece on him in WantChinaTimes.com, that the country remains an important trade partner for the United States and that while Romney does not want to provoke a trade war, he will not compromise either.
While this development is certainly bad news for America, especially at a time the country strives to put its finances in order, it may be both good news and bad news for its major trade partner China, depending on the nature of the slow-down is.
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"A further slowdown in China would affect commodity exporters in the region particularly strongly, since, with the exception of Timor-Leste, China is their major trade-partner in commodities, " the World Bank said in its latest report on the region.
As for the European Union, it is our main trade and economic partner.
"We institutionally have tried to way before the crisis of '08 tried to insulate ourselves in every way we can from the counterparty problem, " i.e. getting involved in a trade with a partner that might not be able to make good on its obligations down the line.
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If trade policies are deemed to hurt a tradig partner, a trade war can erupt, in which countries ratchet up protectionist policies in a tit-for-tat manner, ultimately leading to economic slowdown.
The United States is Chile's largest trading partner, and trade between the nations has grown steadily since 1993, Clinton said.
With extraordinary speed, China has become Brazil's most important economic partner: total trade between the two countries has risen 17-fold since 2002.
From his lofty perch on the 105th floor of New York's One World Trade Center, the managing general partner of Cantor Fitzgerald, L.P.
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