Quick Answer: Which Country Exports The Most?

What country has the highest imports and exports?

The United States, China and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order.

The top traded goods and commodities are oil and fuel, electronic equipment and machinery..

Which country trades the most?

Year-to-Date Total TradeRankCountryExports—Total, All Countries1,172.0—Total, Top 15 Countries827.51China95.82Mexico173.713 more rows

Which country is the largest exporter of garments?

ChinaIn 2019, China was the top ranked global clothing exporter with a share of approximately 30.8 percent, followed by the European Union, Bangladesh and Vietnam. In that year, China and the European Union were also the leading textile exporters in the world.

What is the most exported product in the world?

What is the most exported product in the world? Not surprisingly, cars are the most imported and exported product in the world by value.

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).

Which country is largest importer of gold?

In 2018, Switzerland was the leading importer of gold, silverware, and jewelry from the rest of the world, with an import value of around 16.51 billion U.S. dollars. China, Hong Kong SAR, ranked second, imported approximately 13.79 billion U.S. dollars worth of those goods that year.

What is China’s biggest import?

Searchable List of China’s Most Valuable Import ProductsRankChina’s Import Product2018 Value (US$)1Integrated circuits/microassemblies$312.7 billion2Crude oil$239.2 billion3Iron ores, concentrates$75 billion4Petroleum gases$50 billion93 more rows•May 5, 2020

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 is China’s biggest export?

Searchable List of China’s Most Valuable Export ProductsRankChina’s Export Product2019 Value (US$)1Phone system devices including smartphones$224,069,819,0002Computers, optical readers$148,463,426,0003Integrated circuits/microassemblies$102,187,884,0004Processed petroleum oils$38,345,208,0006 more rows•Dec 13, 2020

Which country imports the most 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, …

What country is the largest importer partner in the world?

ChinaFor most economies in the world, their leading export and import trading partner in terms of value is either the European Union or China, and to a certain degree, the United States and Japan.

Is China the worlds largest exporter?

Since 2014, China is not only the world’s largest exporter, but also the largest trading nation in terms of the sum of its exports and imports. In 2019, China’s trade surplus stood at around 422 billion U.S. dollars and its exports of goods totaled a record high of almost 2.5 trillion U.S. dollars.

What is the best product for export?

Hemant SinghSectorShare in Export (%) 2018-19Value of Goods (US$ )1. Petroleum products14.1046.542. Pearls, precious and semi Precious stones7.7825.983. Drug formulations, biologicals4.3614.394. Gold and other precious metal jewellery3.9212.946 more rows•Mar 14, 2020

Which product is imported most in India?

Here’s a list of top eight imported products in India:Oil. Import cost – 177.5 billion USD. … Precious stones. Import cost – 60 billion dollars. … Electronics. Import cost – 32 billion USD. … Heavy machinery. Import cost – 31 billion dollars. … Organic chemicals. … Plastics. … Animal and vegetable oil. … Iron and Steel.

What is America’s main export?

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.

Who is China’s largest trading partner?

List of largest trading partners of ChinaNo.Country / RegionTotal tradeTotal4,107.11United States583.32European Union573.083Japan303.017 more rows

Which country has best economy?

Best Countries Overall Rank: 1Germany.Denmark.Japan.Australia.Sweden.Netherlands.Norway.Austria.More items…•