What is China number 1 export?
The most recent exports are led by Telephones ($331B), Computers ($177B), Integrated Circuits ($144B), Cars ($76.1B), and Electric Batteries ($75.7B). The most common destinations of the exports of China are United States ($442B), Hong Kong ($259B), Japan ($166B), Germany ($151B), and South Korea ($147B).What is China's main export?
Export of goods from ChinaMachinery such as computers, broadcasting technology, and telephones as well as transport equipment make up the largest part of Chinese exports. This category amounted to approximately 1.65 trillion U.S. dollars in export value in 2023.
Who is the #1 exporter in the world?
Key Takeaways
- China has been the largest exporter of goods in the world since 2009, and total Chinese exports amounted to $3.51 trillion in 2023.
- China's exports and economy grew dramatically following the opening of the country to trade under Deng Xiaoping.
What is China's #1 import?
The top three import commodities were: Electrical, electronic equipment; Mineral fuels, oils, distillation products and Ores slag and ash. Total Exports were valued at US$3.58 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.What is China's best product?
The Top 20 Products Manufactured In China In 2024
- Articles of Iron or Steel: $110.31 billion.
- Toys, Games, Sports Requisites: $103.33 billion.
- Organic Chemicals: $101.89 billion.
- Articles of Apparel, Knit or Crocheted: $90.94 billion.
- Iron and Steel: $77.26 billion.
- Articles of Apparel, Not Knit or Crocheted: $76.87 billion.
China Exports Climb to Record High in First Half of 2025
Who is China's biggest consumer?
Top Export PartnersThe United States remains the largest recipient of Chinese goods, with key exports including electronics, machinery, furniture, and textiles.
What do the USA import from China?
In 2021, of $506.4 billion in the U.S. imports from China, the top commodity sectors were Machinery and Mechanical Appliances (47.7% of total U.S. imports from China), Furniture, Bedding, Lamps, Toys, Games, Sport Equipment, Paint, and Other Miscellaneous Manufactured Items (13.5%), and Chemicals, Plastics, Rubber, and ...What is the China +1 industry?
The phrase “China Plus One” captures the strategy many large manufacturers and retailers are employing to reduce supply chain risk by moving certain sole-sourced China procurement and production operations to other countries. This trend is not new.What is the largest market in China?
The Yiwu market in China: Inside the world's largest wholesale hub. The Yiwu wholesale market, also known as Yiwu International Trade City (中国义乌国际商贸城), is located in Yiwu City, Zhejiang Province, China. It is the world's largest wholesale market, attracting thousands of international buyers every year.What is America's biggest export?
The USA is the world's second largest exporter. The top exports are: crude oil.Who is the cheapest exporter in the world?
Countries with Low Cost ExportsAs per the World Bank reports, Southeast Asian, African and island nations top the list that export goods with low cost. The top three countries that are most economical in exporting goods are East Timor, Singapore and Samoa.
What is China the biggest producer of?
Automobile ManufacturingSince 2008, China has been recognised as the world's biggest producer of automobiles, and currently holds first place for both production and sales. The growth of China's automobile sector began with foreign collaborations and investments.
Where does China buy oil from?
"Beijing simply can't afford to walk away from the oil from Russia and Iran," he said. "It's too important a strategic energy supply, and Beijing is buying it at fire‑sale prices." A 2024 report by the U.S. Energy Information Administration estimates that roughly 80% to 90% of the oil exported by Iran went to China.What is the top 1% in China?
Personal wealth of just $1 million lands you in China's top 1%. In the U.S., you'll need $5.8 million. In Monaco, more than twice that.What is China famous for producing?
The great bulk of China's exports consists of manufactured goods, of which electrical and electronic machinery and equipment and clothing, textiles, and footwear are by far the most important. Agricultural products, chemicals, and fuels are also significant exports.Where is China number 1 from?
It actually started with an American yelling "Taiwan numba one!" to upset a Chinese streamer. Then it gained steam with everyone from all countries.Does America get food from China?
Despite the rapid growth, less than 1 percent of the U.S. food supply comes from China. For a few specific items, like apple juice, garlic, canned mandarin oranges, fish, and shrimp, China is a major supplier.What is the US's greatest import?
Largest US Imports
- Machinery (including computers and hardware) Topping the list of US imports is machinery that cost more or less $475.9 billion in 2023. ...
- Electrical machinery. ...
- Vehicles and automobiles. ...
- Minerals, fuels, and oil. ...
- Pharmaceuticals. ...
- Medical equipment and supplies. ...
- Furniture, Lighting, and Signs. ...
- Plastics.