Question: Which Country Exports The Most?

What 5 countries do we import the most from?

The United States imports half of its total volume from five countries: China, Canada, Mexico, Japan, and Germany.

Although the United States can manufacture goods it imports, these exporting countries have the comparative advantage over it..

Which country has the largest trade?

Year-to-Date Total TradeRankCountryTotal Trade—Total, All Countries2,728.3—Total, Top 15 Countries2,057.31Mexico386.02China385.013 more rows•Oct 6, 2020

What is China’s biggest export?

Searchable List of China’s Most Valuable Export ProductsRankChina’s Export Product2019 Value (US$)1Phone system devices including smartphones$224,069,819,0002Computers, optical readers$148,463,426,0003Integrated circuits/microassemblies$102,187,884,0004Processed petroleum oils$38,345,208,0006 more rows•Nov 7, 2020

Who is the world’s largest importer?

the United StatesThe world’s largest single importer is the United States, with a 13.4% share of global imports equal to $2.6 trillion of goods. Following the U.S. are two other significant economies, each which import over $1 trillion in goods every year: China ($2.1 trillion), and Germany ($1.3 trillion).

Which country has best quality cotton?

IndiaTop Cotton Producing Countries In The WorldRankCountryCotton production in thousand metric tonnes1India5,7702United States3,9993China3,5004Brazil2,7876 more rows•Sep 7, 2020

Does China rely on the US?

The U.S. and China have been major trading partners for years, and they rely on each other’s supply chain for input into goods and services consumed within their borders.

What is China’s biggest import?

China’s Top 10 ImportsElectrical machinery, equipment: US$496.8 billion (24% of total imports)Mineral fuels including oil: $343.6 billion (16.6%)Machinery including computers: $190.3 billion (9.2%)Ores, slag, ash: $163.6 billion (7.9%)Optical, technical, medical apparatus: $98.7 billion (4.8%)Vehicles: $75.1 billion (3.6%)More items…•

Which country has the best fabrics?

Countries with the Best Quality FabricGhana. Ghana is famous to save its tradition where oil, timber, and gold are the symbols of their ancient culture. … Nigeria. … India. … Pakistan. … China. … Morocco. … Malaysia.

What is America’s biggest import?

What Are the Major U.S. Imports?Machinery (including computers and hardware) – $386.4 billion.Electrical machinery – $367.1 billion.Vehicles and automobiles – $306.7 billion.Minerals, fuels, and oil – $241.4 billion.Pharmaceuticals – $116.3 billion.Medical equipment and supplies – $93.4 billion.More items…•

What is the most exported product in the world?

What is the most exported product in the world? Not surprisingly, cars are the most imported and exported product in the world by value.

Which country is largest importer of gold?

IndiaIndia is the largest importer of gold, which mainly caters to demand of jewellery industry. In volume terms, the country imports 800-900 tonnes of gold annually. Gems and jewellery exports declined by about 66.36 per cent to USD 4.17 billion in April-July 2020.

Which country exports the most clothing?

In 2019, China was the top ranked global clothing exporter with a share of approximately 30.8 percent, followed by the European Union, Bangladesh and Vietnam. In that year, China and the European Union were also the leading textile exporters in the world.

What is England’s biggest export?

Machinery and transport equipment was the most valuable export commodity for the United Kingdom in 2019, with an export value of 142.87 billion British pounds. Chemical exports were worth over 57.6 billion pounds, while miscellaneous manufacturers were worth 55 billion pounds.

What is the best country to import from?

List of countries by importsRankCountryImports (millions of $)1United States2,568,396—European Union2,335,3032China2,068,9503Germany1,236,298114 more rows

What country exports the most food?

Largest Food Exports By CountryRankCountryValue of Food Exports (US Dollars, Thousands)1United States72,682,349.792Germany34,628,800.733United Kingdom29,540,218.714China25,152,286.276 more rows•Apr 25, 2017

Who is the second largest exporter in the world?

China led the world in exports in 2019. China was followed by the United States, with exports valued at 1.64 trillion US dollars, and Germany, with exports valued at 1.49 trillion US dollars.

Which country exports the most in the world?

China has been the largest exporter of goods in the world since 2009. 1 Official estimates suggest the country’s total exports amounted to $2.641 trillion in 2019. 2 In 2013, China became the largest trading nation in the world. 1 The United States previously held that position.

What country has the highest imports and exports?

The United States, China and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order. The top traded goods and commodities are oil and fuel, electronic equipment and machinery.

What are the top 3 exports?

These are the top US exportsTop U.S. goods exports.Food, beverage and feed: $133 billion. … Crude oil, fuel and other petroleum products: $109 billion. … Civilian aircraft and aircraft engines: $99 billion. … Auto parts, engines and car tires: $86 billion. … Industrial machines: $57 billion.Passenger cars: $53 billion. … Pharmaceuticals: $51 billion.More items…•

Which country is famous for clothes?

These countries are at the summit of style.Country NameBest Countries Overall Rank1. Italy132. France83. Spain164. United States46 more rows•Sep 22, 2016

Who is China’s largest trading partner?

China’s Top Trading PartnersUnited States: US$418.6 billion (16.8% of China’s total exports)Hong Kong: $279.6 billion (11.2%)Japan: $143.2 billion (5.7%)South Korea: $111 billion (4.4%)Vietnam: $98 billion (3.9%)Germany: $79.7 billion (3.2%)India: $74.9 billion (3%)Netherlands: $73.9 billion (3%)More items…•