Readers ask: Which Us Business Is The Largest Exporter?

What US company is the largest exporter?

Seven among America’s largest export-related companies increased their year-over-year sales as of December 2019.

  • Apple: US$267.7 billion, up 8.2% from 2018.
  • ExxonMobil: $256 billion, up 11.3%
  • Ford Motor: $149.9 billion, down -6.1%
  • Chevron: $140.1 billion, up 0.5%
  • General Motors: $137.2 billion, down -5%

What are the top 5 exporters of the US?

Canada was the largest purchaser of U.S. goods exports in 2019, accounting for 17.8 percent of total U.S. goods exports. 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).

What is America’s biggest import?

What Are the Major U.S. Imports?

  • Machinery (including computers and hardware) – $386.4 billion.
  • Electrical machinery – $367.1 billion.
  • Vehicles and automobiles – $306.7 billion.
  • Minerals, fuels, and oil – $241.4 billion.
  • Pharmaceuticals – $116.3 billion.
  • Medical equipment and supplies – $93.4 billion.

What is the top US 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).

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What is America’s #1 export?

Civilian aircraft and aircraft engines: $99 billion. This is what makes Boeing (BA) the nation’s largest single exporter.

Which country is the US largest trading partner?

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

Which is the fastest growing export sector in the world?

According to the International Monetary Fund, business and professional services have been the fastest-growing sector of world trade from an export earnings perspective since the General Agreement on Trade in Services was launched in 1995, with an average annual growth rate of 7.6%.

Where does the US get most of its steel?

Iron and steel scrap Two-thirds of the iron and steel produced in the US is made from recycled scrap, rather than from iron ore. In 2014, 81 million mt of iron and steel were produced from scrap. Most steel from scrap is produced using electric arc furnaces.

What is China’s #1 import?

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 food does the US import the most?

United States agriculture imports total $127.6 billion with coffee and cocoa, fresh and processed vegetables, and grains and feeds accounting for the majority.

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