Quick Answer: Who Is The World Largest Importer?

What country imports the most food?

In 2018, the top countries from which Food Products were Imports include United States, Germany, France, Netherlands and Italy..

Which country is the largest exporter of software?

IrelandDUBLIN — Ireland is now the world’s leading exporter of computer software products, having passed the U.S., according to a new study from the prestigious Paris-based OECD economics think tank.

What is China’s #1 export?

Electrical machinery, equipment: US$671 billion (26.9% of total exports) Machinery including computers: $417 billion (16.7%) Furniture, bedding, lighting, signs, prefab buildings: $99.5 billion (4%) Plastics, plastic articles: $84.4 billion (3.4%) Vehicles: $74.4 billion (3%)

Is toilet paper imported 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.

Who owns most of the world’s gold?

The U.S.The U.S. owns the most gold of any country, according to an analysis of data from the International Monetary Fund, published on HowMuch.net. The U.S.’s reserve of gold equals 8,133 tonnes, worth more than $373 billion. Germany comes in second, with 3,369 tonnes, worth more than $154 billion.

What are the top 3 Imports of China?

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

Where does the US get its oil?

The largest sources of U.S. imported oil were: Canada (49%), Mexico (7%), Saudi Arabia (6%), Russia (6%), and Colombia (4%). According to the American Petroleum Institute, the oil and natural gas industry supports nine million U.S. jobs and makes up seven percent of the nation’s gross domestic product.

What countries are rich in gold?

Top 10 Gold Producing CountriesChina – 399.7 tonnes. For many years China has been the top producing nation, accounting for 12 percent of global mine production. … Australia – 312.2 tonnes. … Russia – 281.5 tonnes. … United States – 253.2 tonnes. … Canada – 193.0 tonnes. … Indonesia – 190.0 tonnes. … Peru – 155.4 tonnes. … South Africa – 123.5 tonnes.More items…•

What foods come from China?

China produces more than 100 million tons of 5 food commodities: corn, rice, vegetables, sugar cane and wheat. Pork is the most produced animal protein followed by chicken and beef.

Which country sells gold the cheapest?

VenezuelaVenezuela is “the country that sells the cheapest gold.”

What country buys the most?

USALargest ImportersRankCountryImports ($B)#1USA$2,409 billion#2China$1,842 billion#3Germany$1,167 billion#4Japan$672 billion11 more rows•Jul 11, 2018

What do India export to USA?

The top export categories (2-digit HS) in 2018 were: precious metal and stone (diamonds) ($7.9 billion), mineral fuels ($6.7 billion), aircraft ($2.9 billion), machinery ($2.2 billion), and organic chemicals ($1.6 billion).

Is the US the world’s largest importer?

At $2.6 trillion, the United States is the world’s largest import country. … The European Union is, collectively, the world’s largest importer, sending $6.5 trillion on imports.

Who are the world’s biggest importers exporters?

Which Countries Import the Most Goods?RankCountryImports (2018, $M)#1United States$2,614,327#2China$2,135,905#3Germany$1,285,644#4Japan$748,73511 more rows•Sep 23, 2019

Which country is the top importer globally?

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

Who is the biggest importer of US goods?

Year-to-Date ImportsRankCountryPercent of Total Imports—Total, All Countries100.0%—Total, Top 15 Countries78.6%1China17.3%2Mexico13.5%13 more rows•Jul 20, 2020

What is US biggest export?

Soybeans were the number one product in this category, with sales of $22 billion, followed by meat and poultry at $18 billion. Crude oil, fuel and other petroleum products: $109 billion. This is one of the fastest growing areas of US exports, up 37% in just the last year.

Which country is largest importer of gold?

IndiaIndia is the world’s largest importer of gold, with annual consumption at 800-900 tonnes. Imports were $8.45 billion in the same period of 2018-19. NEW DELHI: India’s gold imports in the first quarter of the current fiscal increased by 35.5% from a year ago to $11.45 billion, as per official data.

Which country exports the most?

Leading export countries worldwide China led the world in exports in 2019. China was followed by the United States, with exports valued at 1.64 trillion US dollars, and Germany, with exports valued at 1.49 trillion US dollars. The value of goods exported from China grew immensely between 2002 and 2014.

Who is China’s largest trading partner?

the United StatesAt $20.49 trillion, the United States boasts the largest economy in the world and is China’s largest trading partner. Last year, the total value of bilateral trade between the two countries was $737.1 billion, with U.S. imports from China valued at $557.9 billion and U.S. exports to China valued at $179.3 billion.

How much of our imports come from China?

U.S. goods imports from China totaled $539.5 billion in 2018, up 6.7% ($34.0 billion) from 2017, and up 59.7% from 2008. U.S. imports from are up 427% from 2001 (pre-WTO accession). U.S. imports from China account for 21.2% of overall U.S. imports in 2018.