Readers ask: Bloomberg Of The Visible Countries Which Is Both The Fourth Biggest Importer And Exporter?

Which country is the greatest importer of our exports?

Texas ranked first with exports valued at 301 billion U.S. dollars. As far as the global imports are concerned, the United States was the leading country as of 2019, with an import value of about 2.6 trillion U.S. dollars.

Is the US the largest exporter and importer?

The United States is the world’s largest trading nation, with over $5.6 trillion in exports and imports of goods and services in 2019.

What is China exporting in 2020?

That dollar amount reflects a 22.3% gain since 2016 and a 3.7% increase from 2019 to 2020. China’s biggest export products by value in 2020 were mobile phones, computers, electronic integrated circuits, solar power diodes, semi-conductors and automotive parts or accessories.

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 world’s largest importer?

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.

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Who is America’s biggest customer?

China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports.

What is the United States #1 import?

Imports: The top imports of United States are Cars ($178B), Crude Petroleum ($123B), Computers ($81.9B), Broadcasting Equipment ($81.8B), and Packaged Medicaments ($79.5B), importing mostly from China ($429B), Mexico ($361B), Canada ($314B), Japan ($134B), and Germany ($131B).

What are the top 3 imports of China?

Imports: The top imports of China are Crude Petroleum ($204B), Integrated Circuits ($123B), Iron Ore ($83.1B), Petroleum Gas ($47.8B), and Cars ($43.1B), importing mostly from South Korea ($136B), Japan ($128B), Australia ($111B), Germany ($107B), and United States ($103B).

What are the top 3 exports of China?

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.

What products do we buy from China?

Top 10 China Imports

  • #3 – Toys, games, and sports equipment.
  • #4 – Furniture.
  • #5 – Footwear & parts thereof.
  • #6 – Apparel, knitted or crocheted.
  • #7 – Apparel, not knitted or crocheted.
  • #8 – Plastics & articles thereof.
  • #9 – Iron, steel.
  • #10 – Vehicles, excluding rail.

What country sends the most exports to China?

China’s Trading Partners – Top Countries Where China Exports the Most

  • United States: $481 billion.
  • Hong Kong: $304 billion.
  • Japan: $148 billion.
  • South Korea: $110 billion.
  • Vietnam: $84 billion.

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