Who is the richest import export?

Who is the richest importer in the world?

The United States is the world's largest importer of goods, followed by China and Germany.

Who is the richest exporter in the world?

China has been the largest exporter of goods in the world since 2009, and total Chinese exports amounted to $2.641 trillion in 2019.

Who is the largest importer and exporter in the world?

The United States takes home the number one spot with $2,409 billion of imports in 2017, about 13.4% of the global total. It's worth mentioning that this is $860 billion higher than the country's exports in 2017, and that the difference between the two numbers is the hotly-debated trade deficit.

Is the United States the #1 importer in the world?

The United States, China and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order.

Import export millionaire explains how he made it BIG!

Is China the US biggest importer?

China is the leading supplier for every import category for the United States.

What is the US biggest export?

What is the US number one export?

Exports The top exports of United States are Refined Petroleum ($83.3B), Petroleum Gas ($70.9B), Crude Petroleum ($67.6B), Cars ($55.4B), and Integrated Circuits ($51.3B), exporting mostly to Canada ($259B), Mexico ($247B), China ($151B), Japan ($71.8B), and South Korea ($66.4B).

Which country does U.S. import most from?

China was the top supplier of goods to the United States, accounting for 18 percent of total goods imports. The top five suppliers of U.S. goods imports in 2019 were: China ($452 billion), Mexico ($358 billion), Canada ($319 billion), Japan ($144 billion), and Germany ($128 billion).

What are USA Top 3 imports?

The United States is the world's second-biggest importer. In 2022, the main imports were consumer goods (27 percent), capital goods (26 percent), and industrial supplies (25 percent) followed by automotive vehicles, parts and engines (12 percent), and foods, feeds and beverages (6 percent).

What food does the US export the most?

The leading U.S. agricultural exports are grains and feeds, soybeans, livestock products, tree nuts, fruits, vegetables, and other horticultural products. The leading U.S. imports are horticultural and tropical products. Canada, Mexico, the European Union, and East Asia are major U.S. trade partners.

What exports make the most money?

What does China export the most?

Yearly Trade

During the last five reported years the exports of China have changed by $1.12T from $2.22T in 2016 to $3.34T in 2021. The most recent exports are led by Broadcasting Equipment ($231B), Computers ($192B), Integrated Circuits ($158B), Office Machine Parts ($101B), and Telephones ($53.9B).

Who imports the most food?

China is now the world's largest agricultural importer, surpassing both the European Union (EU) and the United States in 2019 with imports totaling $133.1 billion.

What country imports the least?

Imports of goods and services as percent of GDP, 2021 - Country rankings: The average for 2021 based on 160 countries was 47.14 percent. The highest value was in Hong Kong: 198.7 percent and the lowest value was in Sudan: 1.88 percent. The indicator is available from 1960 to 2021.

What does U.S. sell to China?

The top US goods exports to China are oilseeds and grains, semiconductors and their componentry, oil and gas, and motor vehicles. Many states also generate substantial economic value from service exports like travel, education, and financial services.

What is Mexico's main import?

Mexico's major imports include machinery and transport equipment, chemicals, and consumer goods. The quantity and value of Mexican exports (especially nonpetroleum exports) grew rapidly in the 1990s, largely in response to the government's neoliberal economic policies and to the creation of NAFTA.

What does U.S. import from China?

In 2021, of $506.4 billion in the U.S. imports from China, the top commodity sectors were Machinery and Mechanical Appliances (47.7% of total U.S. imports from China), Furniture, Bedding, Lamps, Toys, Games, Sport Equipment, Paint, and Other Miscellaneous Manufactured Items (13.5%), and Chemicals, Plastics, Rubber, and ...

How much does China owe USA?

Continuing a trend that began early in 2021, China's portfolio of U.S. government debt in May dropped to $980.8 billion, according to Treasury Department data released Monday.

How much US debt does China own?

Overall, foreign countries each make up a relatively small proportion of U.S. debt-holders. Although China's holdings have represented just under 20 percent of foreign-owned U.S. debt in the past several years, this percentage only comprises between 5 and 7 percent of total U.S. debt.