Question: Which Country Is The US Largest Trading Partner?

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….

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…•

What is Russia’s biggest export?

Russian main exports are energy (oil and petroleum products, gas, coal), rolled steel, ferrous and nonferrous metals and minerals. The greater part of Russian exports belongs to oil and petroleum products. Other leading exports are natural gas, timber, fertilizers, machinery and equipment, armaments.

What if we stopped buying from China?

If the rest of the world stopped buying from China today. The world economy would pretty much collapse. … Our supply chains are very entwined with China and it would take massive investment of time, money, talent, and resources to adapt to such a big change.

What food does the US get from China?

The top U.S. import commodities from China are fruits and vegetables (fresh/processed), snack food, spices, and tea – the combined which accounts for nearly one-half of the total U.S. agricultural imports from China.

Who is Russia’s biggest trading partner?

ChinaRussia’s leading five export partners in 2019 were China, the Netherlands, Germany, Turkey, and Belarus. The value of total exports from Russia to its major trade partner – China amounted to nearly 56.8 billion U.S. dollars in 2019.

What is US biggest export to China?

Aircraft, soybeans, motor vehicles and microchips are top U.S. exports to China. Since 2001, the share of these exports going to China has increased sharply. Soybeans and motor vehicles are targets of recent Chinese tariffs.

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 main export?

The economy is considered to be relatively open if a country’s exports are around 15 percent or more of GDP. In 2019, China’s major export goods were automatic data processing machines and components, followed by clothes and clothing accessories, mobile phones, textiles, and integrated circuits.

Does Japan buy anything from America?

U.S.-Japan Trade Facts Japan is currently our 4th largest goods trading partner with $218.3 billion in total (two way) goods trade during 2019. Goods exports totaled $74.7 billion; goods imports totaled $143.6 billion. The U.S. goods trade deficit with Japan was $69.0 billion in 2019.

What is China’s biggest import?

China’s Top ImportsCrude petroleum – $208 billion.Iron ore – $59.2 billion.Petroleum gas – $44.2 billion.Gold – $36.9 billion.Soybeans – $33,8 billion.

Who does America export to?

List of the largest trading partners of the United StatesRankCountry/DistrictExports1China129,8942Canada282,2653Mexico243,3144Japan67,60529 more rows

What is Russia’s biggest import?

Top 5 Russian Commodity ImportsAluminum Oxide – $1.8 billion.Refined Petroleum – $1.4 billion.Citrus – $1 billion.Coated Flat-Rolled Iron – $967 million.Cheese – $949 million.

What does the US get from Russia?

The products exported from Russia are unsurprisingly mainly mineral products and metals, with crude and refined petroleum making up for 54 percent of all exports. The main export product apart from resources is wheat. Exported wheat from Russia was valued at about 6.2 billion U.S. dollars in 2012.

Who is the biggest exporter in the world?

ChinaLeading export countries worldwide 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. The value of goods exported from China grew immensely between 2002 and 2014.

Who is United States biggest trading partner?

These are the biggest U.S. trade partnersChina – $636 billion.Canada – $582.4 billion.Mexico – $557 billion.Japan – $204.2 billion.Germany – $171.2 billion.South Korea – $119.4 billion.United Kingdom – $109.4 billion.France – $82.5 billion.More items…•

Which country was the largest trading partner with the US in 2019?

MexicoAfter a slow and steady rise, Mexico is now the US’s number-one trading partner. According to the US Census, for the first six months of 2019, the US and Mexico traded $309 billion worth of goods, just over 15% of all US trade.

Is China the US largest trading partner?

China is currently the United States’ 3rd largest goods trading partner with $558.1 billion in total (two-way) goods trade during 2019. Goods exports totaled $106.4 billion; goods imports totaled $451.7 billion. The U.S. goods trade deficit with China was $345.2 billion in 2019.

What is the United States number 1 export?

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.

What country buys the most American cars?

Searchable List of US Imported Cars SuppliersRankSupplierImported Cars (US$)1.Japan$39,931,095,0002.Mexico$38,058,497,0003.Canada$37,819,394,0004.Germany$18,052,904,0006 more rows•Nov 22, 2020

What country buys the most stuff?

Who spends the most online?RankCountryEcommerce Spend Per Capita#1United Kingdom$4,201#2United States$3,428#3South Korea$2,591#4France$1,9466 more rows•Nov 8, 2018