Who is the largest exporter in the world
China
China leads the list of the world's largest exporter. Interestingly, of the top 10 leading exporting countries, 4 are from Asia, 5 from Europe and 1 from North America.
What is the trade balance between US and China
US-China Merchandise Trade Climbs to Record in 2022
The annual goods-trade deficit with China widened 8% to $382.9 billion, the biggest on record after the $419.4 billion shortfall in 2018. The shortfall in trade in goods and services with all countries climbed 12.2% to almost $1 trillion.
Which country does the US export the most to
The United States is the 2nd largest goods exporter in the world, behind only China. U.S. goods exports to the world totaled $2.1 trillion in 2022, up 17.5 percent ($307.3 billion) from 2021. Canada was the largest purchaser of U.S. goods exports in 2022, accounting for 17.3 percent of total U.S. goods exports.
How much does China export to us
China Exports to United States was US$582.76 Billion during 2022, according to the United Nations COMTRADE database on international trade. China Exports to United States – data, historical chart and statistics – was last updated on July of 2023. Base metals not specified elsewhere, cermets.
Is China the largest exporter
China has been the largest exporter of goods in the world since 2009.
What are the top 5 exports
Top 10 exports of IndiaGems and jewelry.Organic and inorganic chemicals.Drugs and pharmaceuticals.Electronic goods.Cotton yarn/fabrics/made-ups, handloom products etc.Ready-made garments (RMG) of all textiles.Marine products.Plastic and linoleum.
What percentage of trade is with China
China has the third largest share in U.S.–World Trade following Mexico and Canada. In 2021, 8.6% of total U.S. exports of $1.8 trillion to the World were exported to China and 17.9% of total U.S. Imports of $2.8 trillion were imported from China.
How much trade is with China
Total imports and exports grew 2.5 percent year-on-year to reach US$690.6 billion, breaking the previous record of US$658.8 billion set in 2018. The US trade deficit with China also expanded by 8.3 percent year-on-year to reach US$382.9 billion in 2022.
Who is China biggest trade partner
China's Top Trading PartnersUnited States: US$582.8 billion (16.2% of China's total exports)Hong Kong: $297.5 billion (8.3%)Japan: $172.9 billion (4.8%)South Korea: $162.6 billion (4.5%)Vietnam: $147 billion (4.1%)India: $118.5 billion (3.3%)Netherlands: $117.7 billion (3.3%)Germany: $116.2 billion (3.2%)
Is China the biggest exporter to US
Although this was enough to make China the U.S.'s third-largest export market, its share of 7.5% is half that of Mexico or Canada and down from its 2020 peak of just under 9%.
What percentage of global trade is China
The World's Top Traders (2018)
| Countries | Import (Millions $) | % of Global Exports |
|---|---|---|
| China | 2,134,982 | 13.45 |
| US | 2,611,432 | 8.98 |
| Germany | 1,292,726 | 8.43 |
| Source: UN Comtrade |
What percentage of world trade is China
Over the past several decades, Chinese trade has expanded at a breakneck pace. In 1995, the value of China's imports and exports of goods totaled $280.9 billion or 3 percent of global trade. By 2018, its total trade in goods had jumped to $4.6 trillion or 12.4 percent of global trade.
What are China’s 3 biggest exports
So, what are the top 10 Chinese exportsElectrical Machinery and Equipment – US$804.5 billion (26.6% of total exports from China)Machinery including Computers – US$492.3 billion (16.3% of total exports)Furniture, Bedding, Lighting, Signs & Prefabricated Buildings – US$126.3 billion (4.2% of total exports)
What is China’s top 5 exports
Exports The top exports of China are Broadcasting Equipment ($231B), Computers ($192B), Integrated Circuits ($158B), Office Machine Parts ($101B), and Telephones ($53.9B), exporting mostly to United States ($530B), Hong Kong ($323B), Japan ($168B), South Korea ($140B), and Germany ($134B).
What are the 5 biggest imports
What Are the Major U.S. ImportsMachinery (including computers and hardware) – $386.4 billion.Electrical machinery – $367.1 billion.Vehicles and automobiles – $306.7 billion.Minerals, fuels, and oil – $241.4 billion.Pharmaceuticals – $116.3 billion.Medical equipment and supplies – $93.4 billion.
Is China big in trade
China is currently our largest goods trading partner with $559.2 billion in total (two way) goods trade during 2020. Goods exports totaled $124.5 billion; goods imports totaled $434.7 billion.
Is China the largest trading partner
China is the largest trading partner to Japan, South Korea, Vietnam, and Taiwan. Given their proximity, those countries are hardly a surprise. But it is also the top trader with Russia—and Ukraine.
Is China the world’s largest trader
Since 2014, China has been not only the world's largest exporter but also the largest trading nation in terms of the sum of its exports and imports. Despite the ongoing coronavirus pandemic, 2021 was another remarkable year in terms of international trade.
Is China the largest exporter of the world
Since 2014, China has been not only the world's largest exporter but also the largest trading nation in terms of the sum of its exports and imports. Despite the ongoing coronavirus pandemic, 2021 was another remarkable year in terms of international trade.
Is China the number one exporter in the world
Yearly Trade
In 2021, China exported a total of $3.34T, making it the number 1 exporter in the world. During the last five reported years the exports of China have changed by $1.12T from $2.22T in 2016 to $3.34T in 2021.
What is 90% of world trade
The main transport mode for global trade is ocean shipping: around 90% of traded goods are carried over the waves.
What is China’s global trade status
Considering 2022 full year, the country's trade surplus widened 31 percent year-on-year to USD 876.91 billion, the highest since records started in 1950, as exports rose 7% and imports increased by only 1%.
What are the top 5 major exports
Top 5 U.S. ExportsGasoline and Other Fuels.Crude Petroleum.Liquified Natural Gas (LNG) and Other Natural Gases.Civilian Aircraft Parts.Passenger Vehicles.
What are the top 3 major exports
Top 5 U.S. ExportsGasoline and Other Fuels.Crude Petroleum.Liquified Natural Gas (LNG) and Other Natural Gases.Civilian Aircraft Parts.Passenger Vehicles.
Which country is export No 1
1. China. Aside from the European Union (which is a collective of many countries), China is the world's largest exporter.
