Who is US largest trading partner?
China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports.
Who does the US trade with internationally?
List of the largest trading partners of the United States
| Rank | Country/District | Exports |
|---|---|---|
| 1 | China | 129,894 |
| 2 | Canada | 282,265 |
| 3 | Mexico | 243,314 |
| 4 | Japan | 67,605 |
What countries does the US have free trade with?
These are:
- Australia.
- Bahrain.
- Canada.
- Chile.
- Colombia.
- Costa Rica.
- Dominican Republic.
- El Salvador.
How much of US trade is with China?
China is currently the United States’ 3rd largest goods trading partner with $558.1 billion in total (two-way) goods trade during 2019. Goods exports totaled $106.4 billion; goods imports totaled $451.7 billion. The U.S. goods trade deficit with China was $345.2 billion in 2019.
What if we stopped buying from China?
If the US stopped importing from China overnight, the world economy would collapse. It would make the Great Depression a minor hick-up. The global economy is integrated as never before. The collapse of one big player would collapse all players.
What is Europe’s biggest import?
In 2020, the top 5 EU import products were computer, electronic & optical products, crude petroleum & natural gas (both 13 % of total imports), chemicals & chemical products (7 %), machinery & equipment and motor vehicles, trailers & semi-trailers (both 6 %).
Who are Britain biggest trading partners?
Also shown is each import country’s percentage of total UK exports.
- United States: US$57.5 billion (14.3% of total UK exports)
- Germany: $41.1 billion (10.2%)
- Ireland: $27.5 billion (6.8%)
- Netherlands: $24.9 billion (6.2%)
- France: $23.7 billion (5.9%)
- Switzerland: $19.4 billion (4.8%)
- China: $18.6 billion (4.6%)
Who is France’s biggest trading partner?
France’s main trade partners are the European Union (Germany being the 1st customer and supplier), the United States and China.
What is the UK biggest export?
Machinery and transport equipment was the most valuable export commodity for the United Kingdom in the twelve months ending April 2021, with an export value of 113 billion British pounds. Chemical exports were worth over 53.5 billion pounds, while miscellaneous manufacturers were worth 44 billion pounds.
What does the UK import the most?
United Kingdom’s Top 10 Imports
- Gems, precious metals: US$108.4 billion (17.2% of total imports)
- Machinery including computers: $70.2 billion (11.1%)
- Vehicles: $58 billion (9.2%)
- Electrical machinery, equipment: $55.8 billion (8.8%)
- Mineral fuels including oil: $34 billion (5.4%)
- Pharmaceuticals: $25.9 billion (4.1%)
What country does the UK import the most from?
United States