What is the world’s largest importer?

Rank Country Date of information
1 United States 2019
European Union 2018
2 China 2019
3 Germany 2019

What country is the world’s largest importer?

In 2019, the U.S. were the leading import country in the world with an import value of about 2.57 trillion US dollars. Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports.

Is the US the world’s largest importer?

Goods Imports

The United States is the largest goods importer in the world. U.S. goods imports from the world totaled $2.5 trillion in 2019, down 1.6 percent ($40.2 billion) from 2018. China was the top supplier of goods to the United States, accounting for 18 percent of total goods imports.

Who is the largest importer and exporter in the world?

Market size. The United States, Germany, China, and Japan are the world’s largest importers and, consequently, the world’s largest economies. In recent years Germany overtook the traditional position of the world’s largest exporter held by the United States over the last 50 years.

See also  You asked: How long is the largest cruise ship today?

What are the top 5 imports?

What Are the Major U.S. Imports?

  • Minerals, fuels, and oil – $241.4 billion.
  • Pharmaceuticals – $116.3 billion.
  • Medical equipment and supplies – $93.4 billion.
  • Furniture, Lighting, and Signs – $72.1 billion.
  • Plastics – $61.9 billion.
  • Gems and precious metals – $60.8 billion.
  • Organic chemicals – $54.6 billion.

17 дек. 2019 г.

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

Which country is the biggest importer of Chinese goods?

Searchable Datalist of Countries Consuming China’s Exports

Rank Importer Exports from China (US$)
1. United States $418,584,250,000
2. Hong Kong $279,616,724,000
3. Japan $143,223,969,000
4. South Korea $110,984,862,000

Who is the largest importer of oil in the world?

List of countries by oil imports

Rank Country/Region Crude Oil – Imports (bbl/day – est.)
European Union 14,060,000
1 China 8,400,000
2 United States 7,900,000
3 India 5,123,000

Who is the biggest exporter of oil?

Searchable List of Crude Oil Exporting Countries in 2019

Rank Exporter 2018-9
1. Saudi Arabia +0.01%
2. Russia -5.9%
3. Iraq -9.8%
4. Canada +1.7%

Which country is the US largest trading partner?

Year-to-Date Total Trade

Rank Country Total Trade
Total, All Countries 332.5
Total, Top 15 Countries 253.2
1 China 52.0
2 Mexico 48.5

What is China’s biggest 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
See also  What is the biggest cattle ranch in Australia?

What country exports the least?

10 National Economies Least Dependent On Exports

Rank Country Exports of Goods and Services as % of GDP
1 Sudan 6.1%
2 Afghanistan 6.6%
3 Burundi 7.8%
4 Kiribati 10.8%

Which country is the largest exporter of coffee?

Vietnam has surpassed Brazil to become the largest coffee exporter in the world. According to the International Coffee Organisation, the country sold 800,000 kilograms of coffee in the first six months of the year, 14% more than Brazil.

What is China’s #1 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 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.

How much of our imports come from China?

U.S. goods imports from China account for 18.1% of overall U.S. goods imports in 2019.

Like this post? Please share to your friends: