Is China the number 1 exporter?
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Is China the number 1 exporter?
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.
What is the number 1 export of the US?
Searchable List of America’s Most Valuable Export Products
| Rank | US Export Product | YOY |
|---|---|---|
| 1 | Processed petroleum oils | -30.6\% |
| 2 | Crude oil | -23\% |
| 3 | Cars | -18.7\% |
| 4 | Integrated circuits/microassemblies | +10.3\% |
What percentage of goods come from China to the US?
U.S. imports from China account for 21.2\% of overall U.S. imports in 2018. The largest categories of those imports for 2018 included electrical machinery ($152 billion), machinery ($117 billion), furniture ($35 billion), toys and outdoor equipment ($27 billion), and plastics and plastic parts ($19 billion).
What are China’s exports?
Exports The top exports of China are Broadcasting Equipment ($208B), Computers ($141B), Integrated Circuits ($108B), Office Machine Parts ($82.7B), and Telephones ($54.8B), exporting mostly to United States ($429B), Hong Kong ($268B), Japan ($152B), South Korea ($108B), and Germany ($96.9B).
What do China export the most?
Searchable List of China’s Most Valuable Export Products
| Rank | China’s Export Product | Change |
|---|---|---|
| 1 | Phone system devices including smartphones | -0.4\% |
| 2 | Computers, optical readers | +14.6\% |
| 3 | Integrated circuits/microassemblies | +14.6\% |
| 4 | Miscellaneous articles, dress patterns | +711.1\% |
What is the top export of China?
broadcasting equipment
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.
What percentage of goods do we export to China?
U.S. exports to China are up 549.0 percent from 2001 (pre-WTO accession). U.S. exports to China account for 8.7 percent of overall U.S. exports in 2020.
What does America import 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.
How much does China export to US?
China Exports to United States was US$452.58 Billion during 2020, according to the United Nations COMTRADE database on international trade. China Exports to United States – data, historical chart and statistics – was last updated on December of 2021.