Question: What Is The United States Number 1 Export?

Who does the US trade with the most?

U.S.

trade with other nations is worth $4.9 trillion per year.

China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports..

What are the top 5 exporters of the US?

Year-to-Date ExportsRankCountryExports1Canada186.42Mexico153.23China81.14Japan48.113 more rows•Oct 6, 2020

What are the top 3 Imports of China?

Its top imports are integrated circuits ($207B), crude petroleum ($144B), iron ore ($59B), cars ($46.8B) and gold ($40.3B).

What does the US get from China?

The U.S. imported a record $539.5 billion in goods from China in 2018. The U.S. is a net importer from China in most market segments such as consumer electronics, apparel, furniture and industrial supplies. … Exports to China fell from almost $130 billion in 2017 as buyers shunned American soy and corn.

What is the number one export in America?

US Exports in 2017 Transportation equipment was the top commodity exported by the US last year, accounting for almost 18% of the country’s total exports. This category includes aerospace products and parts, motor vehicles, railroad stock, and ships and boats.

Which country exports the most olive oil?

Spain is the leading olive oil producing country in the world, and the largest supplier to other European countries. In 2019, Spain exported 1.19 million tonnes of olive oil, of which 60% was EVOO, 26% non-virgin olive oils, 11% other virgin olive oil and 9% olive pomace oil.

What is the best product to export from USA?

Searchable List of America’s Most Valuable Export ProductsRankUS Export Product2019 Value (US$)1Processed petroleum oils$87,507,951,0002Crude oil$65,323,191,0003Cars$56,163,761,0004Automobile parts/accessories$43,018,677,0006 more rows•Nov 11, 2020

Where does the US get its oil?

The largest sources of U.S. imported oil were: Canada (49%), Mexico (7%), Saudi Arabia (6%), Russia (6%), and Colombia (4%). According to the American Petroleum Institute, the oil and natural gas industry supports nine million U.S. jobs and makes up seven percent of the nation’s gross domestic product.

What is China’s biggest export?

Phone system devices, including smartphones, are China’s leading export bringing in $224.6 billion. It comes as no surprise that one of the Asian country’s leading exports are computers and related electronics. The value of these products comes in at $148.5 billion.

What country exports the most food?

Largest Food Exports By CountryRankCountryValue of Food Exports (US Dollars, Thousands)1United States72,682,349.792Germany34,628,800.733United Kingdom29,540,218.714China25,152,286.276 more rows•Apr 25, 2017

What country does US export to most?

List of the largest trading partners of the United StatesRankCountry/DistrictExports-World1,546,273-European Union283,2691China129,8942Canada282,26529 more rows

Who is the biggest importer in the world?

the United StatesThe world’s largest single importer is the United States, with a 13.4% share of global imports equal to $2.6 trillion of goods. Following the U.S. are two other significant economies, each which import over $1 trillion in goods every year: China ($2.1 trillion), and Germany ($1.3 trillion).

Who is China’s largest trading partner?

China’s Top Trading PartnersUnited States: US$418.6 billion (16.8% of China’s total exports)Hong Kong: $279.6 billion (11.2%)Japan: $143.2 billion (5.7%)South Korea: $111 billion (4.4%)Vietnam: $98 billion (3.9%)Germany: $79.7 billion (3.2%)India: $74.9 billion (3%)Netherlands: $73.9 billion (3%)More items…•

Does China rely on the US?

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.

What does US import the most?

Top 5 Categories of Goods Most Imported Into the U.S.Machinery (including computers): $379.04B (14.76% of total imports)Electrical machinery: $352.31B (13.72% of total imports)Vehicles: $310.09B (12.07% of total imports)Mineral fuels: $210.11B (8.18% of total imports)More items…•

What are the top 10 US exports?

The United States’ top exports are as follows:Aircraft and spacecraft – $139.1 billion.Vehicles and automobiles – $130.6 billion.Medical equipment and supplies – $$89.6 billion.Plastics – $66.5 billion.Gems and precious metals – $63.8 billion.Pharmaceuticals – $48.4 billion.Organic chemicals – $40.2 billion.More items…•

What is the #1 export from the USA to China?

Aircraft, soybeans, motor vehicles and microchips are top U.S. exports to China. Since 2001, the share of these exports going to China has increased sharply. Soybeans and motor vehicles are targets of recent Chinese tariffs.

Which country exports the most?

China has been the largest exporter of goods in the world since 2009. 1 Official estimates suggest the country’s total exports amounted to $2.641 trillion in 2019. 2 In 2013, China became the largest trading nation in the world. 1 The United States previously held that position.