Quick Answer: What Do We Import The Most?

Does China rely on the US?

The U.S.

and China have been major trading partners for years, and they rely on each other’s supply chain for input into goods and services consumed within their borders..

What are the things we import from other countries?

Though our country has a rich source of iron ore, it still depends upon imported iron and steel….Have a look at the top eight imported products of India!Oil.Precious stones.Electronics.Heavy machinery.Organic chemicals.Plastics.Animal and vegetable oil.Iron and Steel.

What are the top 3 Imports of China?

Its top imports are integrated circuits ($207B), crude petroleum ($144B), iron ore ($59B), cars ($46.8B) and gold ($40.3B). WHAT TYPE OF ECONOMY DOES CHINA HAVE?

Where do most US imports come from?

Year-to-Date ImportsRankCountryPercent of Total Imports—Total, All Countries100.0%—Total, Top 15 Countries79.4%1China18.3%2Mexico13.9%13 more rows

Which country exports the most?

Top 20 export countries worldwide in 2019 (in billion U.S. dollars)Exports in billion U.S. dollarsChina2,499.03United States of America1,645.63Germany1,489.16Netherlands709.239 more rows•Dec 1, 2020

What is China’s biggest import?

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 do we export the most?

Services are the biggest US export, with total foreign sales of $778 billion last year. … These are the service industries that bring in the most money: Travel and transportation: $236 billion. Finance and insurance: $76 billion.

What is the most imported product in the world?

World’s Top Import ProductsRankProduct2019 Import Purchases1.Crude oil$1,056,062,568,0002.Integrated circuits/microassemblies$848,913,525,0003.Cars$774,285,065,0004.Processed petroleum oils$663,640,142,00096 more rows•May 11, 2020

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.

What is America’s biggest import?

What Are the Major U.S. Imports?Machinery (including computers and hardware) – $386.4 billion.Electrical machinery – $367.1 billion.Vehicles and automobiles – $306.7 billion.Minerals, fuels, and oil – $241.4 billion.Pharmaceuticals – $116.3 billion.Medical equipment and supplies – $93.4 billion.More items…•

Who is China’s biggest trading partner?

China’s Top Trading PartnersUnited States: US$418.6 billion (16.8% of China’s total exports)Hong Kong: $279.6 billion (11.2%)Japan: $143.2 billion (5.7%)South Korea: $111 billion (4.4%)Vietnam: $98 billion (3.9%)Germany: $79.7 billion (3.2%)India: $74.9 billion (3%)Netherlands: $73.9 billion (3%)More items…•

Which country imports the most alcohol?

The United StatesGlobal leaders of spirit imports in 2018, by country The United States was the biggest spirits importer in the world in 2018. All told, the U.S. imported spirits valued at 8.7 billion U.S. dollars in that year. Germany was the next largest importer, with imports valued at 1.8 billion dollars.

What country does US export to most?

Rounding out the list of America’s top trading partners in terms of U.S. export sales, the following 15 countries ranked highest in 2018.Canada: US$300 billion (18% of total US exports)Mexico: $265 billion (16%)China: $120 billion (7.4%)Japan: $75.2 billion (4.6%)United Kingdom: $66.3 billion (4.1%)More items…

What goods are imported to Africa?

The other top products imported by Africa are: Motor cars for persons (worth 17 billion USD), medicaments (worth 11.4 billion USD), telephone sets (worth 11.2 billion USD), wheat (worth 10.6 billion USD), motor vehicles for the transport of goods (worth 6.3 billion USD), rice (worth 6.3 billion USD), and parts & …

What food does the US import?

The United States continues to import food from China, including $4.6 billion worth in 2017 alone. Top imports include fruits and vegetables, snack foods, spices and tea. In 2019, for example, the U.S. imported $89 million worth of tea and $300 million worth of apple juice. Do you know where your vitamin C comes from?

What does the United States get from China?

Its top three import product categories are the same for the U.S. overall: Machinery & Electrical, followed by Miscellaneous, then Textiles. From January to June 2020, these three categories made up a combined 50% of China’s exports to the U.S. and roughly 41% of overall U.S. imports.

What country imports the most?

the U.S.In 2019, the U.S. were the leading import country in the world with an import value of about 2.57 trillion US dollars. Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports.