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?
China led the world in exports in 2019. China was followed by the United States, with exports valued at 1.64 trillion US dollars, and Germany, with exports valued at 1.49 trillion US dollars.
Which country trades the most?
Year-to-Date Total Trade
| Rank | Country | Exports |
|---|---|---|
| — | Total, All Countries | 127.6 |
| — | Total, Top 15 Countries | 90.4 |
| 1 | China | 12.9 |
| 2 | Mexico | 19.5 |
What countries are the top 4 importers of food?
The United States, being one of the world’s largest economies, imports a total of $133 billion USD worth of food and food products, followed by China at $105.26 billion USD, Germany at $98.90 billion USD, Japan at $68.86 billion USD, the United Kingdom at $66.54 billion USD, the Netherlands at $64.38 billion USD, …
Which country imports the most food?
Comoros is the top country by food imports in the world. As of 2019, food imports in Comoros was 42.9 %.
Which country imports the most alcohol?
Global leaders of spirit imports in 2018, by country. The United States was the biggest spirits importer in the world in 2018. All told, the U.S. imported spirits valued at 8.7 billion U.S. dollars in that year. Germany was the next largest importer, with imports valued at 1.8 billion dollars.
What is China’s biggest export?
Searchable List of China’s Most Valuable Export Products
| Rank | China’s Export Product | 2019 Value (US$) |
|---|---|---|
| 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 | $38,345,208,000 |
What country exports the most food?
Largest Food Exports By Country
| Rank | Country | Value of Food Exports (US Dollars, Thousands) |
|---|---|---|
| 1 | United States | 72,682,349.79 |
| 2 | Germany | 34,628,800.73 |
| 3 | United Kingdom | 29,540,218.71 |
| 4 | China | 25,152,286.27 |
Which country exports the most gold?
List of countries by gold exports
| # | Country | Value in 2018 |
|---|---|---|
| 1 | Switzerland | 63,781 |
| 2 | United Kingdom | 25,772 |
| 3 | United States | 18,138 |
| 4 | South Africa | 17,882 |
Which country has best economy?
Top 10 largest economies in the world
- United States. In 2019, the nominal GDP of the US is expected to exceed USD 21 trillion. …
- China. The Chinese economy has witnessed an astonishing growth over the last few decades. …
- Japan. …
- Germany. …
- United Kingdom. …
- India. …
- France. …
- Brazil.
What countries rely on China?
List of largest trading partners of China
| No. | Country / Region | Imports |
|---|---|---|
| 1 | United States | 153.9 |
| 2 | European Union | 197.9 |
| 3 | Japan | 165.8 |
| 4 | Hong Kong | 73.1 |
Who are Israel’s largest trading partners?
In 2018, Israel major trading partner countries for exports were United States, China, United Kingdom, Hong Kong, China and Bunkers and for imports they were China, United States, Turkey, Russian Federation and Germany.
Which country is No 1 in agriculture?
Agriculture, value added (current US$) – Country Ranking
| Rank | Country | Year |
|---|---|---|
| 1 | China | 2018 |
| 2 | India | 2018 |
| 3 | United States | 2017 |
| 4 | Indonesia | 2018 |
Which country has the best soil in the world?
Found in Ukraine, parts of Russia and the USA, mollisols are some of the world’s most fertile soil. This type of soil includes black soils with high organic content. Vertisols – 2.5% of the world’s ice-free land.
How much of our food comes from China?
Despite the rapid growth, less than 1 percent of the U.S. food supply comes from China. For a few specific items, like apple juice, garlic, canned mandarin oranges, fish, and shrimp, China is a major supplier.