Who Is The US Number 1 Trading Partner?

Who does the US export the most to?

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….

What does US import the most?

Top 5 Categories of Goods Most Imported Into the U.S.Machinery (including computers): $379.04B (14.76% of total imports)Electrical machinery: $352.31B (13.72% of total imports)Vehicles: $310.09B (12.07% of total imports)Mineral fuels: $210.11B (8.18% of total imports)More items…•

What does the US get from China?

The U.S. imported a record $539.5 billion in goods from China in 2018. The U.S. is a net importer from China in most market segments such as consumer electronics, apparel, furniture and industrial supplies. … Exports to China fell from almost $130 billion in 2017 as buyers shunned American soy and corn.

Is the US still trading with China?

President Donald Trump has staked a claim to success in his trade war with China on his phase one trade agreement of January 2020. In his self-proclaimed “historic” deal, China committed to purchasing an additional $200 billion of American-made goods and services over 2020 and 2021.

Who is the US number one trading partner?

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

What country does the United States trade with the most as of 2019?

The top five purchasers of U.S. goods exports in 2019 were: Canada ($292.6 billion), Mexico ($256.6 billion), China ($106.4 billion), Japan ($74.4 billion), and the United Kingdom ($69.1 billion).

Who is the biggest exporter in the world?

ChinaChina 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 is China’s main export to the US?

China’s top exports are broadcasting equipment ($231B), computers ($146B), office machine parts ($90.8B), integrated circuits ($80.1B) and telephones ($62B), according to 2017 data from the Observatory of Economic Complexity, a Massachusetts Institute of Technology-linked trade tracker.

Where does the US get its oil?

The largest sources of U.S. imported oil were: Canada (49%), Mexico (7%), Saudi Arabia (6%), Russia (6%), and Colombia (4%). According to the American Petroleum Institute, the oil and natural gas industry supports nine million U.S. jobs and makes up seven percent of the nation’s gross domestic product.

Who has the best economy in the world?

The Top 20 Economies in the WorldUnited States.China.Japan.Germany.India.United Kingdom.France.Italy.More items…

Which country has highest import?

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

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•6 days ago

What is Russia’s relationship with China?

Russia has a negative trade balance with China: in 2016 exports amounted to 28 billion, imports – 38.1 billion (in 2015, respectively 28.6 and 35.9 billion). The share of China in foreign trade of Russia grew from 12.1% in 2015 to 14.1% in 2016. Since 2010 China is the largest trading partner of Russia.

Which country buys the most from China?

List of largest trading partners of ChinaNo.Country / RegionExportsTotal2,263.31United States429.72European Union375.13Japan137.217 more rows

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.

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.

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 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.

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•May 21, 2020

Who is Russia’s largest trading partner?

Top 15China: US$56.8 billion (13.4% of Russia’s total exports)Netherlands: $44.8 billion (10.6%)Germany: $28 billion (6.6%)Turkey: $21.1 billion (5s%)Belarus: $20.5 billion (4.9%)South Korea: $16.4 billion (3.9%)Italy: $14.3 billion (3.4%)Kazakhstan: $14.1 billion (3.3%)More items…•

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.