Who is the largest importer and exporter 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. The trade balance of a country shows the relationship between the values of a country’s imports and exports.
Who leads the world in imports and exports?
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 are the top 5 imports?
What Are the Major U.S. Imports?
- Minerals, fuels, and oil – $241.4 billion.
- Pharmaceuticals – $116.3 billion.
- Medical equipment and supplies – $93.4 billion.
- Furniture, Lighting, and Signs – $72.1 billion.
- Plastics – $61.9 billion.
- Gems and precious metals – $60.8 billion.
- Organic chemicals – $54.6 billion.
What country is the largest importer of food?
China is now the world’s largest agricultural importer, surpassing both the European Union (EU) and the United States in 2019 with imports totaling $133.1 billion.
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 imports the most dates?
The world’s biggest importer of dates is India. In 2016, it imported $211m worth of the fruit. The UAE and Morocco are also key markets, with imports valued at $119m and $96m respectively.