| 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 |
What are China’s main imports?
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 the most imported item from China?
China’s Top Imports
- Crude petroleum – $208 billion.
- Iron ore – $59.2 billion.
- Petroleum gas – $44.2 billion.
- Gold – $36.9 billion.
- Soybeans – $33,8 billion.
6 нояб. 2020 г.
What is China’s largest export?
Searchable List of China’s Most Valuable Export Products
| Rank | China’s Export Product | 2019 Value (US$) |
|---|---|---|
| 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 | $38,345,208,000 |
Who is the biggest importer of Chinese goods?
Searchable Datalist of Countries Consuming China’s Exports
| Rank | Importer | 2018-9 |
|---|---|---|
| 1. | United States | -12.7% |
| 2. | Hong Kong | -7.7% |
| 3. | Japan | -2.7% |
| 4. | South Korea | +1.8% |
What are the top 3 Imports of China?
Searchable List of China’s Most Valuable Import Products
| Rank | China’s Import Product | 2018 Value (US$) |
|---|---|---|
| 1 | Integrated circuits/microassemblies | $312.7 billion |
| 2 | Crude oil | $239.2 billion |
| 3 | Iron ores, concentrates | $75 billion |
| 4 | Petroleum gases | $50 billion |
What is China’s main export to the US?
The top goods exported from China to the U.S. and their total values for 2018 were electrical machinery ($152 billion), machinery ($117 billion), furniture and bedding ($35 billion), toys and sports equipment ($27 billion), and plastics ($19 billion).
Does the US import food from China?
The United States continues to import food from China, including $4.6 billion worth in 2017 alone. Top imports include fruits and vegetables, snack foods, spices and tea. In 2019, for example, the U.S. imported $89 million worth of tea and $300 million worth of apple juice.
Is importing from China profitable?
Every day an extraordinary amount of Chinese products are imported, ready to produce large profits, high demand for these products allows prices to be very low and at the same time very beneficial for new entrepreneurs. Sites like dhgate can be a good source of imported products from China.
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.
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.
Who is the largest exporter in the world?
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 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 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.
How much of our goods come from China?
U.S. goods imports from China totaled $451.7 billion in 2019, down 16.2% ($87.6 billion) from 2018, but up 52.4% from 2009. U.S. goods imports from China are up 342% from 2001 (pre-WTO accession). U.S. goods imports from China account for 18.1% of overall U.S. goods imports in 2019.
What products do we 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.