Is China the biggest exporter to US?

Who is the largest exporter to US

Year-to-Date Total Trade

Rank Country Percent of Total Trade
Total, All Countries 100.0%
Total, Top 15 Countries 74.6%
1 China 16.9%
2 Canada 14.8%

What is China biggest export to the US

China Exports to United States Value Year
Machinery, nuclear reactors, boilers $109.64B 2022
Toys, games, sports requisites $36.96B 2022
Furniture, lighting signs, prefabricated buildings $34.54B 2022
Plastics $27.37B 2022

What percentage of China’s exports is to the US

China top 5 Export and Import partners 2020

Top five countries to which China exported in 2020 are below, along with the percent of total exports that went to that country: China exports to United States worth US$ 452,493 million, with a partner share of 17.48 percent.

Is China the largest exporter

China has been the largest exporter of goods in the world since 2009.

What are the top 5 exporters of the US

Exports The top exports of United States are Refined Petroleum ($83.3B), Petroleum Gas ($70.9B), Crude Petroleum ($67.6B), Cars ($55.4B), and Integrated Circuits ($51.3B), exporting mostly to Canada ($259B), Mexico ($247B), China ($151B), Japan ($71.8B), and South Korea ($66.4B).

What are the top 3 countries the US exports to

Canada was the largest purchaser of U.S. goods exports in 2022, accounting for 17.3 percent of total U.S. goods exports. The top five purchasers of U.S. goods exports in 2022 were: Canada ($356.5 billion), Mexico ($324.3 billion), China ($150.4 billion), Japan ($80.2 billion), and the United Kingdom ($76.2 billion).

What are America’s 5 biggest exports

Top 5 U.S. ExportsGasoline and Other Fuels.Crude Petroleum.Liquified Natural Gas (LNG) and Other Natural Gases.Civilian Aircraft Parts.Passenger Vehicles.

Is China dependent on US

China has shifted purchases away from the United States to reduce its reliance on US suppliers, but US farmers remain highly dependent on the Chinese market. In 2022, around 19 percent of US agriculture exports went to China, up from 14 percent in 2017 and 13 percent in 2009.

Does the US import more from China

In 2021, U.S. exports to China were $151.1 billion, a 21.4% ($26.6 billion) increase from 2020; the U.S. imports from China were $506.4 billion, a 16.5% ($71.6 billion) increase; and the trade deficit with China was $355.3 billion, a 14.5% ($45.0 billion) increase.

How much does the US rely on China

U.S. goods imports from China totaled $434.7 billion in 2020, down 3.6 percent ($16.0 billion) from 2019, but up 19 percent from 2010. U.S. imports from are up 325 percent from 2001 (pre-WTO accession). U.S. imports from China account for 18.6 percent of overall U.S. imports in 2020.

What rank is China in exports

About. Overview In 2021, China was the number 2 economy in the world in terms of GDP (current US$), the number 1 in total exports, the number 2 in total imports, the number 58 economy in terms of GDP per capita (current US$) and the number 25 most complex economy according to the Economic Complexity Index (ECI) .

Which country is export No 1

CHINA
World's 10 Largest Exporters

NO COUNTRY YEARLY EXPORTS VALUE
1 CHINA $2.64 Trillion
2 UNITED STATES $2.52 trillion
3 GERMANY $1.81 trillion
4 FRANCE $969 billion

Who are the US’s 3 largest trading partners

China, Canada and Mexico are the country's largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. But this landscape could be reshaped as President Trump pursues “America First” policies and reworks free trade deals.

Who is the largest importer to the US

The top five suppliers of U.S. goods imports in 2022 were: China ($536.3 billion), Mexico ($454.8 billion), Canada ($436.6 billion), Japan ($148.1 billion), and Germany ($146.6 billion). U.S. goods imports from the European Union 27 were $553.3 billion.

What are the top 3 US exports

Exports The top exports of United States are Refined Petroleum ($83.3B), Petroleum Gas ($70.9B), Crude Petroleum ($67.6B), Cars ($55.4B), and Integrated Circuits ($51.3B), exporting mostly to Canada ($259B), Mexico ($247B), China ($151B), Japan ($71.8B), and South Korea ($66.4B).

Why does the US rely on China so much

Today, the United States imports more from China than from any other country, and China is one of the largest export markets for U.S. goods and services. This trade has helped the United States in the form of lower prices for consumers and higher profits for corporations, but it has also come with costs.

How much US relies on China

China has the third largest share in U.S.–World Trade following Mexico and Canada. In 2021, 8.6% of total U.S. exports of $1.8 trillion to the World were exported to China and 17.9% of total U.S. Imports of $2.8 trillion were imported from China.

Does the US export more than China

In 2021, China did not export any services to United States. Comparison In 2021, United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). That same year, China ranked 25 in the Economic Complexity Index (ECI 1.07), and 1 in total exports ($3.34T).

Does the US economy need China

It supports US jobs.

While expanding foreign trade can disrupt US employment, trade with China also creates and supports a significant number of American jobs. Exports to China support over 1 million US jobs, and Chinese companies invested in the United States employ over 160,000 workers.

Can China overtake US in economy

There is still much work to be done to propel China to the top of the world's economy, but it is certainly possible that the Chinese economy can surpass the power of the US by 2050. It may also be too early to make definitive projections of China's future.

What does China rank #1 in

Industry

Field Rank Date
Coal production, 3,411.0 million tons 1 2016
Fluorite production, 3,000,000 tons 1 2006
Gold production, 455 tonnes 1 2016
Iron production, 375,000,000 tons 3 2015

What are the top 5 major exports

Top 5 U.S. ExportsGasoline and Other Fuels.Crude Petroleum.Liquified Natural Gas (LNG) and Other Natural Gases.Civilian Aircraft Parts.Passenger Vehicles.

What are the top 5 exports

Global Biggest Exporting Industries in 2023Global Oil & Gas Exploration & Production.Global Pharmaceuticals & Medicine Manufacturing.Global Car & Automobile Manufacturing.Global Apparel Manufacturing.Global Plastic Product & Packaging Manufacturing.Global Auto Parts & Accessories Manufacturing.

What are the top 5 US trading partners

Which Countries Does the U.S. Have the Largest Trade Deficit With

Rank U.S. Trade Partners Goods Trade Deficit (in billion U.S. dollars)
#1 🇨🇳 China $355.3
#2 🇲🇽 Mexico $108.2
#3 🇻🇳 Vietnam $91.0
#4 🇩🇪 Germany $70.1

Who is US number 1 trading partner

Canada
List of the largest trading partners of the United States

Rank Country/District Exports
1 Canada 307.8
2 Mexico 276.5
3 China 151.4
European Union 232.4