|Rank||Country||Date of information|
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?
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.
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 – $54.6 billion.
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Which country exports the most?
Top 20 export countries worldwide in 2019 (in billion U.S. dollars)
|Exports in billion U.S. dollars|
|United States of America||1,645.63|
Which country is the biggest importer of Chinese goods?
Searchable Datalist of Countries Consuming China’s Exports
|Rank||Importer||Exports from China (US$)|
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.)|
Who is the biggest exporter of oil?
Searchable List of Crude Oil Exporting Countries in 2019
Which country is the US largest trading partner?
Year-to-Date Total Trade
|—||Total, All Countries||332.5|
|—||Total, Top 15 Countries||253.2|
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|
|4||Processed petroleum oils||$38,345,208,000|
What country exports the least?
10 National Economies Least Dependent On Exports
|Rank||Country||Exports of Goods and Services as % of GDP|
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.