Who do we trade most with?

Who does the most trade in the world

China is the largest trading partner to Japan, South Korea, Vietnam, and Taiwan. Given their proximity, those countries are hardly a surprise.

Who does Vietnam trade with the most

China

Vietnam's trade with largest partners in 2022

Data from the General Department of Customs shows in 2022, China is Vietnam's largest trading partner with a total two-way trade turnover of 175.57 billion USD, followed by the US (123.86 billion USD), the Republic of Korea (86.38 billion USD) and Japan (47.61 billion USD).

Who is America’s biggest trading partner

List of the largest trading partners of the United States

Rank Country/District Trade Balance
World -1,100.0
1 Canada -50.0
2 Mexico -108.2
3 China -353.5

Who exports the most

China

1. China. Aside from the European Union (which is a collective of many countries), China is the world's largest exporter.

What’s the most important trade

Cars, refined oil, and integrated circuits are the three most traded goods on the planet. The US is the biggest importer of 12 of the 18 most traded goods, and the biggest exporter of two of them.

What do we trade with Vietnam

The top import categories (2-digit HS) in 2020 were: electrical machinery ($27 billion), furniture and bedding ($9.9 billion), knit apparel ($7.1 billion), machinery ($6.8 billion), and footwear ($6.5 billion).

What countries do Vietnam trade with

The most common destination for the exports of Vietnam are United States ($99.3B), China ($57.8B), South Korea ($22.6B), Japan ($21.3B), and Hong Kong ($12.5B).

Who are the top 4 trading partners

Largest trading partners with India

Rank Country Trade Balance
1 United States 24.57
2 China -77.12
3 United Arab Emirates -20.12
4 Saudi Arabia -28.93

What do we trade with China

In 2021, of $151.1 billion in the U.S. exports to China, the top commodity were Machinery and Mechanical Appliances (23.9% of the total U.S. exports), Agriculture (20.9%), and Chemicals, Plastics, Rubber and Leather Goods (16.6%).

What are the top 3 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 does export the most

During the last five reported years the exports of United States have changed by $281B from $1.35T in 2016 to $1.63T in 2021. The most recent exports are led by Refined Petroleum ($83.3B), Petroleum Gas ($70.9B), Crude Petroleum ($67.6B), Cars ($55.4B), and Integrated Circuits ($51.3B).

What do traders trade the most

Stocks are among the most popular securities for day traders — the market is big and active, and commissions are relatively low or nonexistent. You can also day trade bonds, options, futures, commodities and currencies.

Why do we trade with other countries

Trade contributes to global efficiency. When a country opens up to trade, capital and labor shift toward industries in which they are used more efficiently. That movement provides society a higher level of economic welfare. However, these effects are only part of the story.

Who is Vietnam’s closest ally

Vietnam has forged comprehensive strategic partnerships — the highest diplomatic designation — with China, India, Russia, and, most recently, South Korea. Many of Vietnam's strategic partners are U.S. allies, such as Japan, Australia, and the United Kingdom.

What is the main trade of Vietnam

What are Vietnam's major exports Vietnam's major exports are telephones, mobile phones and parts thereof, making up 21 percent of total exports. Textiles come second making up for12 percent of exports. Does Vietnam rely on imports

What does Korea trade with Vietnam

South Korea Exports to Vietnam Value Year
Machinery, nuclear reactors, boilers $2.85B 2021
Optical, photo, technical, medical apparatus $2.47B 2021
Vehicles other than railway, tramway $1.61B 2021
Iron and steel $1.59B 2021

Who are the biggest trade alliances

For most economies in the world, their leading export and import trading partner in terms of value is either the European Union or China, and to a certain degree, the United States and Russia.

What is the biggest trade in the world

Cars
The Most Traded Goods

Rank Category of Good % of Total Global Exports
#1 Cars 4.9%
#2 Refined Petroleum 3.0%
#3 Integrated Circuits 2.9%
#4 Vehicle Parts 2.5%

Do we trade with 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.

Who is China biggest trading partner

China's Top Trading PartnersUnited States: US$582.8 billion (16.2% of China's total exports)Hong Kong: $297.5 billion (8.3%)Japan: $172.9 billion (4.8%)South Korea: $162.6 billion (4.5%)Vietnam: $147 billion (4.1%)India: $118.5 billion (3.3%)Netherlands: $117.7 billion (3.3%)Germany: $116.2 billion (3.2%)

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 do we export most

Many foreign markets are heavily dependent on India for importing certain goods to their countries. India's top export products contain petroleum products, pharmaceuticals, motor cars, jewellery, sugarcane, etc.

What is the biggest trade industry

Global Biggest Exporting Industries in 2023Global Oil & Gas Exploration & Production. Exports for 2023: $1,275,2B.Global Pharmaceuticals & Medicine Manufacturing. Exports for 2023: $650,6B.Global Car & Automobile Manufacturing.Global Apparel Manufacturing.Global Plastic Product & Packaging Manufacturing.

Where do most traders trade

Day trading is most common in the stock markets and on the foreign exchange (forex) where currencies are traded. Day traders are typically well-educated in the minutia of trading and tend to be well funded. Many of them add an additional level of risk by using leverage to increase the size of their stakes.

Who are the biggest traders

Top 10 Greatest Traders of All TimeGeorge Soros. George Soros, aka "the man who broke the Bank of England," was born a Jew in Hungary in 1930, survived the Holocaust, and fled the country then.Jesse Livermore.William Delbert Gann.Paul Tudor Jones.Jim Rogers.Richard Dennis.John Paulson.Steven Cohen.