Quick Answer: What Two Countries Trade The Most?

Which country trades the most?

Year-to-Date Total TradeRankCountryTotal Trade—Total, All Countries2,728.3—Total, Top 15 Countries2,057.31Mexico386.02China385.013 more rows•Oct 6, 2020.

Which country is the US largest 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.

Who is biggest exporter in world?

China has been the largest exporter of goods in the world since 2009, and total Chinese exports amounted to $2.641 trillion in 2019. China’s exports and economy grew dramatically following the opening of the country under Deng Xiaoping.

What are the top 3 Imports of China?

Its top imports are integrated circuits ($207B), crude petroleum ($144B), iron ore ($59B), cars ($46.8B) and gold ($40.3B).

Who is Japan biggest trading partner?

Top 15United States: US$140.4 billion (19.9% of total Japanese exports)China: $134.7 billion (19.1%)South Korea: $46.3 billion (6.6%)Taiwan: $43 billion (6.1%)Hong Kong: $33.6 billion (4.8%)Thailand: $30.2 billion (4.3%)Germany: $20.2 billion (2.9%)Singapore: $20.2 billion (2.9%)More items…•

Which two countries have the largest bilateral trade relationship in the world?

The European Union and the United States have the largest bilateral trade and investment relationship and enjoy the most integrated economic relationship in the world.

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).

Which country has best economy?

Best Countries Overall Rank: 1Germany.Denmark.Japan.Australia.Sweden.Netherlands.Norway.Austria.More items…•

Does China rely on the US?

The U.S. and China have been major trading partners for years, and they rely on each other’s supply chain for input into goods and services consumed within their borders.

What is the biggest export in the UK?

Machinery and transport equipment was the most valuable export commodity for the United Kingdom in 2019, with an export value of 142.87 billion British pounds. Chemical exports were worth over 57.6 billion pounds, while miscellaneous manufacturers were worth 55 billion pounds.

What are China’s biggest exports?

List of exports of China#ProductValue1Computers210.2312Broadcasting equipment110.9793Telephones91.7594Office Machine Parts47.07926 more rows

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

Which of the following lists the top two trading countries?

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 Japan.

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 is US biggest export?

Top U.S. service exports 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.

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.

Who does China trade with the most?

List of largest trading partners of ChinaNo.Country / RegionExportsTotal2,263.31United States429.72European Union375.13Japan137.217 more rows

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.