Question: which Of The Following Countries Is Now The Leading Exporter?

What are the top 5 exporting countries?

The top 10 export countries are China, United States, Germany, Japan, Netherlands, Hong Kong, South Korea, Italy, France and Belgium. Collectively, those leading exports-based economies represent over half (52.3%) of total exports by value from all countries.

What are the top 5 countries that the US exports to?

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). U.S. goods exports to the European Union 27 were $267.6 billion.

What countries are the leading exporters importers of the resource?

World’s Largest Exporters and Importers, 2018

  • Market size. The United States, Germany, China, and Japan are the world’s largest importers and, consequently, the world’s largest economies.
  • Trade imbalances.

What is US biggest export?

Services are the biggest US export, with total foreign sales of $778 billion last year. These are the service industries that bring in the most money: Travel and transportation: $236 billion.

How many countries does the US export food to?

In 2015, the United States exported more than $10 billion in agricultural commodities to five (5) countries: Canada, China, Mexico, EU-28 and Japan.

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Who is biggest exporter in world?

China 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.

Who is the biggest importer in the world?

In 2019, the U.S. were the leading import country in the world with an import value of about 2.57 trillion US dollars. Import and export are generally important pillars of a country’s economy.

What is the most exported product in the world?

What is the most exported product in the world? Not surprisingly, cars are the most imported and exported product in the world by value.

Which country has the most exports 2020?

1. China. China is the world’s largest and top exporting country.

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