What is our biggest export to China?

What is US biggest export to China?

Aircraft, soybeans, motor vehicles and microchips are top U.S. exports to China. Since 2001, the share of these exports going to China has increased sharply. Soybeans and motor vehicles are targets of recent Chinese tariffs.

What is China’s number 1 export?

Searchable List of China’s Most Valuable Export Products

Rank China’s Export Product 2019 Value (US$)
1 Phone system devices including smartphones $224,069,819,000
2 Computers, optical readers $148,463,426,000
3 Integrated circuits/microassemblies $102,187,884,000
4 Processed petroleum oils $38,345,208,000

What is China’s biggest import?

China is the world’s largest importer of soybeans and meat and among the leading importers of dairy, wine, and other food products and beverages. In terms of service trade, travel and transportation-related service imports take up around 75 percent of all service imports in China.

What is China biggest export market?

Also shown is each import country’s percentage of total Chinese exports. United 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%)

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What food does US import 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.

Does China rely on the US?

But various data suggest that such a process may be challenging as the two economies have grown more connected over the years. 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 China is famous for?

15 Things China is famous for

  • High Tech Architecture. As well as a very old wall, China has plenty of high tech architecture for visitors to the country to enjoy. …
  • Temples. …
  • Terracotta Warriors. …
  • A Distinct Language. …
  • Spicy Hot Pot. …
  • The Li River. …
  • Tea. …
  • The Yangtze.

Which country exports the most?

Top 20 export countries worldwide in 2019 (in billion U.S. dollars)

Exports in billion U.S. dollars
China 2,499.03
United States of America 1,645.63
Germany 1,489.16
Netherlands 709.23

What are the top 3 Imports of China?

Searchable List of China’s Most Valuable Import Products

Rank China’s Import Product 2018 Value (US$)
1 Integrated circuits/microassemblies $312.7 billion
2 Crude oil $239.2 billion
3 Iron ores, concentrates $75 billion
4 Petroleum gases $50 billion

Which country imports most from China?

List of largest trading partners of China

No. Country / Region Imports
Total 1,843.7
1 United States 153.9
2 European Union 197.9
3 Japan 165.8

What are China’s top 5 exports?

Exports: The top exports of China are Broadcasting Equipment ($208B), Computers ($141B), Integrated Circuits ($108B), Office Machine Parts ($82.7B), and Telephones ($54.8B), exporting mostly to United States ($429B), Hong Kong ($268B), Japan ($152B), South Korea ($108B), and Germany ($96.9B).

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What products are in high demand in China?

Products with high demand: according to Diario COMEX, products profiting most in the Chinese market are meat, dairy product, fresh and processed fruits, oil, fish preserves, sugars and liquors.

Who is China’s biggest trading partner?

At $20.49 trillion, the United States boasts the largest economy in the world and is China’s largest trading partner. Last year, the total value of bilateral trade between the two countries was $737.1 billion, with U.S. imports from China valued at $557.9 billion and U.S. exports to China valued at $179.3 billion.

What is US biggest export?

Services are the biggest US export, with total foreign sales of $778 billion last year. … These are the service industries that bring in the most money: Travel and transportation: $236 billion.

What food does China export?

China is the world’s largest agricultural economy and increasingly is feeding the world. A leading producer and exporter of items like fish, apple juice, and processed fruits and vegetables, China’s food exports to the United States skyrocketed over the last two decades.

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