Question: Which Country Trades The Most?

Who is the biggest importer in the world?

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)..

What two countries trade the most?

Year-to-Date ImportsRankCountryImports—Total, All Countries1,688.9—Total, Top 15 Countries1,336.71China303.92Mexico232.813 more rows•Oct 6, 2020

Who is China’s biggest trade 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…•

Who is America’s biggest trade partner?

U.S. trade with other nations is worth $4.9 trillion per year. China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports.

Who are the top 5 trading partners for the USA?

Also shown is each import country’s percentage of total American exports.Canada: US$292.4 billion (17.8% of total US exports)Mexico: $256.4 billion (15.6%)China: $106.6 billion (6.5%)Japan: $74.7 billion (4.5%)United Kingdom: $69.2 billion (4.2%)Germany: $60.3 billion (3.7%)South Korea: $56.9 billion (3.5%)More items…•

Which country is India’s biggest trade partner?

ChinaIn 2018-19, the US first surpassed China to become India’s top trading partner. The bilateral trade between India and China has dipped to USD 81.87 billion in 2019-20 from USD 87.08 billion in 2018-19.

What country does US export to most?

Rounding out the list of America’s top trading partners in terms of U.S. export sales, the following 15 countries ranked highest in 2018.Canada: US$300 billion (18% of total US exports)Mexico: $265 billion (16%)China: $120 billion (7.4%)Japan: $75.2 billion (4.6%)United Kingdom: $66.3 billion (4.1%)More items…

Which country is the largest exporter of software?

IrelandNot all too long ago, Gallen asserts that tourists visiting from the Far East would have struggled to even find his country on a map, but now they’re arriving in vast numbers to discover why Ireland is the largest exporter of software in the world.

What country imports the most food?

In 2018, the top countries from which Food Products were Imports include United States, Germany, France, Netherlands and Italy.

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.

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

What country produces the most clothing?

ChinaChina is the largest textile producing and exporting country in the world. With its rapid growth over the last two decades, the Chinese textile industry has become one of the main pillars of the country’s economy. Clothes, clothing accessories, textile yarns and textile articles are amongst Chinas’s top export goods.

What countries rely on China?

List of largest trading partners of ChinaNo.Country / RegionExports1United States429.72European Union375.13Japan137.24Hong Kong279.217 more rows

Which country is highest producer of milk?

IndiaIndia is the world’s largest milk producer, with 22 percent of global production, followed by the United States of America, China, Pakistan and Brazil. Since the 1970s, most of the expansion in milk production has been in South Asia, which is the main driver of milk production growth in the developing world.

What are the top 10 trading countries in the world?

Exports by Country Around the World – Top 10China: $2.5 trillion.United States: $1.7 trillion.Germany: $1.6 trillion.Japan: $738 billion.Netherlands: $723 billion.South Korea: $605 billion.France: $582 billion.Hong Kong: $569 billion.More items…•

Who is the largest exporter of milk?

The statistic shows the Leading exporters of milk worldwide in 2019, in billion U.S. dollars. In 2019, New Zealand was the main exporter of milk worldwide with an export value of 6.3 billion U.S. dollars, followed by Germany with 2.9 billion dollars milk export value in that year.

What is US biggest export?

Top U.S. service exports Services are the biggest US export, with total foreign sales of $778 billion last year. Indeed, the United States has a $243 billion trade surplus in services, which is good news since service industries account for 71% of US jobs.

Which country has best milk?

New Zealand1,3,4 Another reason why New Zealand cows produce the some of the best milk in the world.

Do we import milk from China?

The United States is China’s largest source of imported whey powder, and Australia has continued to export to China milk powder, butter, cheese and fresh milk, maintaining an important place.

What does India export to USA?

The top export categories (2-digit HS) in 2019 were: mineral fuels ($8.2 billion), precious metal and stone (diamonds) ($6.4 billion), aircraft ($2.8 billion), machinery ($2.4 billion), and organic chemicals ($1.9 billion).

Which country is the largest trading partner?

List of the largest trading partners of the United StatesRankCountry/DistrictTrade Balance-World-795,690-European Union-151,3631China-375,5762Canada-17,05429 more rows