Which country is China largest trading partner?

Who are China’s Big 5 trading partners?

China’s top five trading partners are ASEAN, the EU, the US, Japan and South Korea, with the import and export of between China and ASEAN reached 4.74 trillion yuan, 4.5, 4.06, 2.2 and 1.97 trillion yuan, respectively, an increase of 7%, 5.3%, 8.8%, 1.2% and 0.7%.

What are China’s major trade partners?

China trade balance, exports and imports by country

In 2017, China major trading partner countries for exports were United States, Hong Kong, China, Japan, Korea, Rep. and Vietnam and for imports they were Korea, Rep., Japan, Other Asia, nes, United States and Germany.

Is China India’s largest trading partner?

NEW DELHI: The US has overtaken China as India’s largest trading partner, thanks to faster growth during the first nine months of 2021. Data collated by the commerce department showed that during January-September, two-way trade between India and the US jumped 50% to $28 billion.

Is China the largest trading country?

China has been the largest exporter of goods in the world since 2009. 1 Official estimates suggest the country’s total exports amounted to $2.641 trillion in 2019. 2 In 2013, China became the largest trading nation in the world. 1 The United States previously held that position.

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Who is China’s biggest customer?

List of largest trading partners of China

Rank Country / Territory Total trade
1 United States 583.3
2 European Union 573.0
ASEAN 514.3
3 Japan 303.0

Who is India’s biggest trading partner?

The US has been the largest trading partner of India with respect to merchandise trade since 2018-19, except in 2020-21, when trade with America declined marginally on account of the COVID-19 pandemic, Minister of State for Commerce and Industry Anupriya Patel said in a written reply to the Rajya Sabha.

Is China America’s biggest trading partner?

China is currently our largest goods trading partner with $559.2 billion in total (two way) goods trade during 2020. … Services exports were $40.4 billion; services imports were $15.6 billion. The U.S. services trade surplus with China was $24.8 billion in 2020.

Who is the second largest trading partner?

Largest trading partners with India

Rank Country Exports
1 United States 57.7
2 China 16.61
3 United Arab Emirates 28.81
4 Saudi Arabia 6.39

Which country exports more from India?

TOP 25 Export Destination

1. USA 2. China 3. UAE
4. Hong Kong 5. Bangladesh 6. Singapore

Is India dependent on China?

China forms an integral part of the global supply chain, and India too is heavily dependent on Chinese imports, ranging from a variety of raw materials to critical components. … China was India’s second-largest trading partner in 2019 and emerged as the largest trading partner in the first half of FY 20-21.

Who is the world’s largest trading nation?

The United States is the world’s largest trading nation, with over $5.6 trillion in exports and imports of goods and services in 2019.

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Who is the world’s largest importer?

In 2020, the U.S. were the leading import country in the world with an import value of about 2.41 trillion US dollars.

What is China’s biggest export?

List of exports of China

# Product Value
1 Computers 210.231
2 Broadcasting equipment 110.979
3 Telephones 91.759
4 Office Machine Parts 47.079