What Country Buys The Most?

Who is the biggest exporter in the world?

ChinaLeading the list of the world’s largest exporters is China, with a whopping $2.5 trillion of goods sent abroad in 2018.

If you add in Hong Kong’s numbers, China holds 15.7% of the global export total — roughly equal to Japan, Netherlands, South Korea, France, and Singapore combined..

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.

Who is China’s biggest trade partner?

the United StatesAt $20.49 trillion, the United States boasts the largest economy in the world and is China’s largest trading partner. Last year, the total value of bilateral trade between the two countries was $737.1 billion, with U.S. imports from China valued at $557.9 billion and U.S. exports to China valued at $179.3 billion.

Who is China’s biggest consumer?

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…•

Which country buys the most from China?

China’s Trading Partners – Top Countries Where China Exports the MostUnited States: $481 billion.Hong Kong: $304 billion.Japan: $148 billion.South Korea: $110 billion.Vietnam: $84 billion.

Who has the best economy in the world?

United StatesUnited States The U.S. has retained its position of being the world’s largest economy since 1871. The size of the U.S. economy was at $20.58 trillion in 2018 in nominal terms and is expected to reach $22.32 trillion in 2020.

Which country is the largest exporter of oil?

Saudi Arabia1. Saudi Arabia. Officially known as the Kingdom of Saudi Arabia, the country of Saudi Arabia is the world’s number one oil exporter. Formed in 1932, the country was responsible for 16.1% of global oil exports in 2018, totaling $182.5 billion in value.

What country exports the most energy?

List of countries by electricity exportsRankCountryElectricity exports (GWh)1Germany78,8602France62,5103Canada58,4004Switzerland43,340118 more rows

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•Sep 4, 2020

What does China import most?

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…•

Who is America’s biggest importer?

Year-to-Date ImportsRankCountryPercent of Total Imports—Total, All Countries100.0%—Total, Top 15 Countries78.6%1China17.3%2Mexico13.5%13 more rows

Who is the biggest importer?

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

Which country imports the most food?

The United States, being one of the world’s largest economies, imports a total of $133 billion USD worth of food and food products, followed by China at $105.26 billion USD, Germany at $98.90 billion USD, Japan at $68.86 billion USD, the United Kingdom at $66.54 billion USD, the Netherlands at $64.38 billion USD, …

Which countries are the biggest importers?

WORLD’S 10 LARGEST IMPORTERSNO.COUNTRYYEARLY IMPORTS VALUE1UNITED STATES$2.35 trillion2CHINA$1.89 trillion3GERMANY$1.10 trillion4JAPAN$625 billion6 more rows•Nov 20, 2019