What is the U.S. largest import?

What is the US biggest import?

Imports The top imports of United States are Cars ($139B), Crude Petroleum ($120B), Computers ($102B), Broadcasting Equipment ($101B), and Packaged Medicaments ($86.3B), importing mostly from China ($530B), Mexico ($361B), Canada ($355B), Germany ($135B), and Japan ($128B).

What is the #1 commodity import for the US?

In 2021, of the $2.8 trillion in U.S. imports, the top commodity sectors were Machinery and Mechanical Appliances (29.1%), followed by Chemicals, Plastics, Rubber, and Leather products (14.7%), and Transportation Equipment (10.9%), the same as 2020.

Who is the world's largest importer?

With $3.4 trillion in imports in 2022, the U.S. is the largest importer globally. Even though higher inflation and market uncertainty loomed over the economy, U.S. imports increased 15% annually, with China as its top goods importing partner.

Who is China's biggest trading partner?

In 2021, China major trading partner countries for exports were United States, Hong Kong, China, Japan, Korea, Rep. and Vietnam and for imports they were Other Asia, nes, Korea, Rep., Japan, United States and Australia.

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What is the USA's biggest export?

What is America's biggest food export?

In 2021, the biggest agricultural export in the United States overall was soybeans, resulting in $27.37 billion in export value. These are the U.S.'s biggest exports in the agricultural sector: Soybeans: $27.37 billion. Corn: $18.72 billion.

What is China's biggest import?

Mechanical and electronic products made up 40 percent of the country's goods imports. In 2022, China's major import products included integrated circuits, crude oil, and iron ore.

What food does the US import the most?

Around 50% of all U.S. agricultural imports are horticultural products like fruits, vegetables, tree nuts, and more. Other large import categories include sugar and tropical products, meat, grains, and oilseeds.

What is the USA's largest import and export?

The US is the largest importer in the world, and the second-largest exporter (next to China). The biggest single category of goods the US imports is cars and the biggest export is refined petroleum.

Who is the US largest trading partner in 2023?

As of July 2023, Mexico is the biggest trading partner of the United States, with around $462 billion worth of goods exchanged between the two countries in the year to-date.

What does China rely on the US for?

China has at least a 70% dependence on the U.S. and its allies for more than 400 items, ranging from luxury goods to raw materials needed for Chinese industries, a new analysis of trade data has found.

What does China buy from the US?

In 2021, of $151.1 billion in the U.S. exports to China, the top commodity were Machinery and Mechanical Appliances (23.9% of the total U.S. exports), Agriculture (20.9%), and Chemicals, Plastics, Rubber and Leather Goods (16.6%).

What is the 3rd largest US import?

China was the top supplier of goods to the United States, accounting for 16.5 percent of total goods imports. The top five suppliers of U.S. goods imports in 2022 were: China ($536.3 billion), Mexico ($454.8 billion), Canada ($436.6 billion), Japan ($148.1 billion), and Germany ($146.6 billion).

Where does us get most of its food?

The US primarily imports fruits, vegetables, sugar, and tropical products such as coffee, cocoa, and rubber. Mexico and South America provide the bulk of the fruits and vegetables imported, while Canada is the largest supplier of meat and fish.

Does the US produce enough food to feed the world?

The United States produces more than enough food to feed everyone, but it wastes millions of pounds of perfectly good food yearly while 44 million people in the country face hunger. To fix this problem, we need better solutions to reduce food waste.

What country produces the most food in the world?

Key Takeaways. China is the world's largest grain producer, yet has grown more dependent on food imports in recent decades. Much of India's output is produced by subsistence farmers and consumed locally. The U.S. is the world's top food exporter thanks to high crop yields and extensive agricultural infrastructure.

What is the UK's largest export?

Trade In October 2023, the top exports of United Kingdom were Gold (£9.02B), Cars (£2.94B), Gas Turbines (£2.49B), Commodities not elsewhere specified (£1.73B), and Crude Petroleum (£1.6B).

What is America good at producing?

The U.S. economy is the world's largest in terms of gross domestic product, and also the most technologically powerful. The country's significant exports include computers and electrical machinery, vehicles, chemical products, food, live animals and military equipment.

What is the largest trading country in the world?

Who is Africa's largest trading partner?

BEIJING | Xinhua | China has remained Africa's largest trading partner for 15 consecutive years, with bilateral trade reaching a record 282.1 billion U.S. dollars in 2023, a Ministry of Commerce official said on Wednesday.