What country is the US largest trading partner?

What country is the US largest trading partner?

Year-to-Date Total Trade

Rank Country Imports
Total, All Countries 1,093.7
Total, Top 15 Countries 853.3
1 Mexico 153.4
2 Canada 136.1

Who are the top 10 largest trading partners of the United States?

Canada was the largest purchaser of U.S. goods exports in 2019, accounting for 17.8 percent of total U.S. goods exports. The top five purchasers of U.S. goods exports in 2019 were: Canada ($292.6 billion), Mexico ($256.6 billion), China ($106.4 billion), Japan ($74.4 billion), and the United Kingdom ($69.1 billion).

Which countries are the United States major trading partners?

United States trade balance, exports and imports by country In 2017, United States major trading partner countries for exports were Canada, Mexico, China, Japan and United Kingdom and for imports they were China, Mexico, Canada, Japan and Germany.

Which countries are the United Kingdom’s largest trading partners?

List of the largest trading partners of United Kingdom

Rank Country Total trade
Total for non-EU 642,726
European Union (Total) 614,980
1 United States 182,583
2 Germany 134,927

Who is China’s biggest trade partner?

the United States

Who are Russia’s biggest trading partners?

Russia’s leading five export partners in 2020 were China, the Netherlands, United Kingdom, Germany, and Belarus. The value of total exports from Russia to its major trade partner – China amounted to nearly 49 billion U.S. dollars in 2020.

Is Russia a US trade partner?

U.S. goods and services trade with Russia totaled an estimated $34.9 billion in 2019. Russia is currently our 26th largest goods trading partner with $28.0 billion in total (two way) goods trade during 2019. Goods exports totaled $5.8 billion; goods imports totaled $22.3 billion.

What does Russia trade the most?

The following is a list of the exports of Russia. Data is for 2019, in millions of United States dollars, as reported by the International Trade Centre….Exports.

# Export product Value
1 Crude Petroleum 121,443
2 Refined Petroleum 66,887
3 Unspecified commodities 55,265
4 Coal 15,987

What is Russia’s biggest import?

Russia main imports are: machinery, equipment and transport (45 percent of total imports), chemical products (19 percent) and foodstuffs and agricultural products (14.5 percent).

What is China’s largest import?

Searchable List of China’s Most Valuable Import Products

Rank China’s Import Product 2020 Value (US$)
1 Integrated circuits/microassemblies $350,845,066,000
2 Crude oil $176,321,269,000
3 Iron ores, concentrates $118,944,291,000
4 Cars $44,923,331,000

What is Russia’s biggest export?

Exports: The top exports of Russia are Crude Petroleum ($123B), Refined Petroleum ($66.2B), Petroleum Gas ($26.3B), Coal Briquettes ($17.6B), and Wheat ($8.14B), exporting mostly to China ($58.1B), Netherlands ($41.7B), Belarus ($20.5B), Germany ($18.9B), and Italy ($16.7B).

What does China import from Russia?

Russia imports from China Value Year
Toys, games, sports requisites $1.57B 2019
Organic chemicals $1.56B 2019
Articles of apparel, not knit or crocheted $1.46B 2019
Optical, photo, technical, medical apparatus $1.23B 2019

Does Russia buy from China?

Trade in Russia China was the leading export destination of Russian commodities as well as the major import partner of the country as of 2020. Namely, Russia accounted for an over 54 trillion U.S. dollars’ worth of imports from China and reported roughly 49 trillion U.S. dollars in Chinese exports in that year.

How much trade is there between China and Russia?

Bilateral trade between Russia and China exceeded US$100 billion in 2020, declining three percent compared to that of 2019. However, Moscow and Beijing want to double the volume of trade to US$200 billion by 2024. China’s overall exports have been growing amid the pandemic.

What is the main source of income for Russia?

Russia’s economy is dependent on the export of oil and natural gas, both of which are under the control of the Russian government. This lack of economic diversification puts Russia at a disadvantage when demand for its energy products plummet, which then causes the Russian economy to contract.

Is Russia wealthier than USA?

As of 2019, Russia is the third-biggest exporter of arms in the world, behind only to the United States and China. The economic development of the country has been uneven geographically; with the country’s capital Moscow contributing a very large share of the country’s GDP….Economy of Russia.

Statistics
Exports $353 billion (2017 est.)

Is Russia richer than India?

India with a GDP of $2.7T ranked the 7th largest economy in the world, while Russia ranked 11th with $1.7T….Gross Domestic Product & Income.

Stat India Russia
GDP per capita $2k $11k
GDP per capita growth 5.71% 2.26%
Purchasing Power Parity conversion factor 18.1 25.64

Which country is best Russia or India?

If you lived in Russia instead of India, you would:

  • make 3.9 times more money. India has a GDP per capita of $7,200 as of 2017, while in Russia, the GDP per capita is $27,900 as of 2017.
  • be 38.8% less likely to be unemployed.
  • be 39.3% less likely to be live below the poverty line.
  • pay a 63.4% lower top tax rate.

Is India richer than Iraq?

Iraq has a GDP per capita of $16,700 as of 2017, while in India, the GDP per capita is $7,200 as of 2017.

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