Who does China export to?

Who does China mainly export to?

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.

Where do China’s exports go?

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China Exports By Country Value Year
Japan $142.64B 2020
Vietnam $113.81B 2020
South Korea $112.50B 2020
Germany $86.82B 2020

What does China export to other countries?

Machines such as computers, broadcasting equipment and telephones make up the bulk of Chinese exports – over 40% of its total exports. This is followed by textiles, metals, and chemical products.

What are China’s 3 main exports?

Exports The top exports of China are Broadcasting Equipment ($208B), Computers ($141B), Integrated Circuits ($108B), Office Machine Parts ($82.7B), and Telephones ($54.8B), exporting mostly to United States ($429B), Hong Kong ($268B), Japan ($152B), South Korea ($108B), and Germany ($96.9B).

What does the US buy from China?

Machinery & Electrical: 24% of U.S. imports from China. Miscellaneous: 19% Metals: 10% Textiles: 8%

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Who is the US biggest 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 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

Does China depend on the US?

China is currently our largest goods trading partner with $559.2 billion in total (two way) goods trade during 2020. Goods exports totaled $124.5 billion; goods imports totaled $434.7 billion. The U.S. goods trade deficit with China was $310.3 billion in 2020.

Who is the biggest importer in the world?

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

How much money does the US owe China?

How much is the U.S. in debt to China? The United States currently owes China around $1.1 trillion as of 2021.

What is China’s main export to the US?

The United States

The top goods exported from China to the U.S. and their total values for 2018 were electrical machinery ($152 billion), machinery ($117 billion), furniture and bedding ($35 billion), toys and sports equipment ($27 billion), and plastics ($19 billion).

Why is China important to the US?

In 2020, China was America’s largest goods trading partner, third largest export market, and largest source of imports. Exports to China supported an estimated 1.2 million jobs in the United States in 2019. Most U.S. companies operating in China report being committed to the China market for the long term.

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