Quick Answer: Which Country Trades The Most?

Who is Russia’s biggest trading partner?

ChinaRussia’s leading five export partners in 2019 were China, the Netherlands, Germany, Turkey, and Belarus.

The value of total exports from Russia to its major trade partner – China amounted to nearly 56.8 billion U.S.

dollars in 2019..

How much of our imports come from China?

U.S. goods imports from China totaled $539.5 billion in 2018, up 6.7% ($34.0 billion) from 2017, and up 59.7% from 2008. U.S. imports from are up 427% from 2001 (pre-WTO accession). U.S. imports from China account for 21.2% of overall U.S. imports in 2018.

What country produces the most clothing?

ChinaChina is the largest textile producing and exporting country in the world. With its rapid growth over the last two decades, the Chinese textile industry has become one of the main pillars of the country’s economy. Clothes, clothing accessories, textile yarns and textile articles are amongst Chinas’s top export goods.

What two countries trade the most?

These are America’s top trading partners for 2017, ranked by total exchange of goods:China – $636 billion.Canada – $582.4 billion.Mexico – $557 billion.Japan – $204.2 billion.Germany – $171.2 billion.South Korea – $119.4 billion.United Kingdom – $109.4 billion.France – $82.5 billion.More items…•

Who is the biggest importer in the world?

the United StatesThe world’s largest single importer is the United States, with a 13.4% share of global imports equal to $2.6 trillion of goods. Following the U.S. are two other significant economies, each which import over $1 trillion in goods every year: China ($2.1 trillion), and Germany ($1.3 trillion).

Who is China’s biggest trade partner?

China’s Top Trading PartnersUnited States: US$418.6 billion (16.8% of China’s total exports)Hong Kong: $279.6 billion (11.2%)Japan: $143.2 billion (5.7%)South Korea: $111 billion (4.4%)Vietnam: $98 billion (3.9%)Germany: $79.7 billion (3.2%)India: $74.9 billion (3%)Netherlands: $73.9 billion (3%)More items…•

Which country is largest importer of gold?

IndiaIndia is the largest importer of gold, which mainly caters to demand of jewellery industry. In volume terms, the country imports 800-900 tonnes of gold annually. Gems and jewellery exports declined by about 66.36 per cent to USD 4.17 billion in April-July 2020.

What does China import most?

Among the country’s major import products are machines and electronics such as integrated circuits, mineral products (crude oil, iron ore, etc.), vehicles, metallurgical products, chemicals, rubber, plastic in primary forms, and textile.

Who is our biggest trading partner?

U.S. trade with other nations is worth $4.9 trillion per year. China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports.

Which country is the largest exporter of software?

Value is calculated on a 1-10 (10 being the best value) scale taking all other factors into account.#1 INDIA. Manpower: 1.324 billion. … #2 BULGARIA. Manpower: 7.128 million. … #3 CHINA. Manpower: 1.379 billion. … #4 ARGENTINA. Manpower: 43.42 million. … #5 THE PHILIPPINES. Manpower: 103.3 million. … #6 EGYPT. … #7 CHILE. … #8 BRAZIL.More items…•

Which country is the largest exporter of garments?

ChinaIn 2019, China was the top ranked global clothing exporter with a share of approximately 30.8 percent, followed by the European Union, Bangladesh and Vietnam. In that year, China and the European Union were also the leading textile exporters in the world.

Who is Europe’s biggest trading partner?

List of the largest trading partners of the European UnionRankCountry/districtTotal trade1United States6152China5593United Kingdom5114Switzerland2566 more rows

Who is the largest exporter of milk?

The statistic shows the Leading exporters of milk worldwide in 2019, in billion U.S. dollars. In 2019, New Zealand was the main exporter of milk worldwide with an export value of 6.3 billion U.S. dollars, followed by Germany with 2.9 billion dollars milk export value in that year.

Who is America’s biggest importer?

Year-to-Date ImportsRankCountryImports—Total, All Countries1,688.9—Total, Top 15 Countries1,336.71China303.92Mexico232.813 more rows•Oct 6, 2020

What is US number 1 export?

Services are the biggest US export, with total foreign sales of $778 billion last year. Indeed, the United States has a $243 billion trade surplus in services, which is good news since service industries account for 71% of US jobs.

What food does the US get from China?

The top U.S. import commodities from China are fruits and vegetables (fresh/processed), snack food, spices, and tea – the combined which accounts for nearly one-half of the total U.S. agricultural imports from China.

What is Russia’s relationship with China?

Russia has a negative trade balance with China: in 2016 exports amounted to 28 billion, imports – 38.1 billion (in 2015, respectively 28.6 and 35.9 billion). The share of China in foreign trade of Russia grew from 12.1% in 2015 to 14.1% in 2016. Since 2010 China is the largest trading partner of Russia.

What are the top 10 trading countries in the world?

Exports by Country Around the World – Top 10China: $2.5 trillion.United States: $1.7 trillion.Germany: $1.6 trillion.Japan: $738 billion.Netherlands: $723 billion.South Korea: $605 billion.France: $582 billion.Hong Kong: $569 billion.More items…•

What country does US export to most?

List of the largest trading partners of the United StatesRankCountry/DistrictExports-World1,546,273-European Union283,2691China129,8942Canada282,26529 more rows

What country imports the most food?

In 2018, the top countries from which Food Products were Imports include United States, Germany, France, Netherlands and Italy.

What does the US get from China?

Its top three import product categories are the same for the U.S. overall: Machinery & Electrical, followed by Miscellaneous, then Textiles. From January to June 2020, these three categories made up a combined 50% of China’s exports to the U.S. and roughly 41% of overall U.S. imports.