Quick Answer: What Is China’S Biggest Export?

What is China’s biggest import?

China’s Top 10 ImportsElectrical machinery, equipment: US$496.8 billion (24% of total imports)Mineral fuels including oil: $343.6 billion (16.6%)Machinery including computers: $190.3 billion (9.2%)Ores, slag, ash: $163.6 billion (7.9%)Optical, technical, medical apparatus: $98.7 billion (4.8%)Vehicles: $75.1 billion (3.6%)More items…•.

What does US get from China?

Its top three import product categories are the same for the U.S. overall: Machinery & Electrical, followed by Miscellaneous, then Textiles. From January to June 2020, these three categories made up a combined 50% of China’s exports to the U.S. and roughly 41% of overall U.S. imports.

What products do we get from China?

List of exports of China#ProductValue1Computers210.2312Broadcasting equipment110.9793Telephones91.7594Office Machine Parts47.07926 more rows

What are China’s main exports?

The economy is considered to be relatively open if a country’s exports are around 15 percent or more of GDP. In 2019, China’s major export goods were automatic data processing machines and components, followed by clothes and clothing accessories, mobile phones, textiles, and integrated circuits.

What are China’s top 5 exports?

China’s Top ExportsRefined petroleum – $31.2 billion.Cotton – $13.7 billion.Plywood – $4.79 billion.Petroleum gas – $1.95 billion.Tea – $1.67 billion.

What food does China export?

China is the world’s largest agricultural economy and increasingly is feeding the world. A leading producer and exporter of items like fish, apple juice, and processed fruits and vegetables, China’s food exports to the United States skyrocketed over the last two decades.

Which country exports the most?

China has been the largest exporter of goods in the world since 2009, and total Chinese exports amounted to $2.641 trillion in 2019. China’s exports and economy grew dramatically following the opening of the country under Deng Xiaoping.

Who is the US biggest trading partner?

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 does China import from the world?

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.

Who is Russia’s largest trading partner?

Top 15China: US$56.8 billion (13.4% of Russia’s total exports)Netherlands: $44.8 billion (10.6%)Germany: $28 billion (6.6%)Turkey: $21.1 billion (5s%)Belarus: $20.5 billion (4.9%)South Korea: $16.4 billion (3.9%)Italy: $14.3 billion (3.4%)Kazakhstan: $14.1 billion (3.3%)More items…•

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.

How much of US land does China own?

146,000 acresAs part of that 2013 sale, a Chinese company now owns 146,000 acres of prime U.S. farmland.

What food does the US get from China?

The top U.S. import commodities from China are fruits and vegetables (fresh/processed), snack food, spices, and tea – the combined which accounts for nearly one-half of the total U.S. agricultural imports from China.

What is China’s main export to the US?

China’s top exports are broadcasting equipment ($231B), computers ($146B), office machine parts ($90.8B), integrated circuits ($80.1B) and telephones ($62B), according to 2017 data from the Observatory of Economic Complexity, a Massachusetts Institute of Technology-linked trade tracker.

How much of our stuff comes from China?

U.S. goods imports from China totaled $451.7 billion in 2019, down 16.2% ($87.6 billion) from 2018, but up 52.4% from 2009. U.S. goods imports from China are up 342% from 2001 (pre-WTO accession). U.S. goods imports from China account for 18.1% of overall U.S. goods imports in 2019.

Does US import toilet paper from China?

United States Imports from China of Toilet Paper, Towels, Similar Household, Sanitary Articles, of Paper was US$823.44 Million during 2019, according to the United Nations COMTRADE database on international trade.

Is China buying rice from the United States?

SALLY HERSHIPS, BYLINE: Very quietly last winter, China agreed to buy some rice from the U.S. – two shipping containers-full. … China is the world’s largest producer of rice – 200 million tons a year it produces.

Which country imports most from China?

China’s Trading Partners – Top Countries from Where China Imports the MostSouth Korea: $203 billion.Japan: $180 billion.Taiwan: $177 billion.United States: $156 billion.Germany: $106 billion.

Which country has trade surplus with China?

List of largest trading partners of ChinaNo.Country / RegionTrade balance1United States275.82European Union177.13Japan-28.64Hong Kong206.117 more rows