Question: What Is America’S Biggest Import?

Where does the US get most of its food?

Food production is spread across much of the country, but the largest food-producing states in 2018, according to the United States Department of Agriculture (U.S.D.A.), were as follows: California….The top export destinations of food produced in the U.S.

include:Canada.Mexico.China.Japan.Germany17 18.

Where does the US get its oil 2020?

The top five source countries of U.S. gross petroleum imports in 2019 were Canada, Mexico, Saudi Arabia, Russia, and Colombia.

Who is the number 1 oil producing country?

The top five oil-generating countries are as follows:United States. The United States is the top oil-producing country in the world, with an average of 17.87 million b/d, which accounts for 18% of the world’s production. … Saudi Arabia. … Russia. … Canada. … China.

Who is China’s biggest trading partner?

the United StatesAt $20.49 trillion, the United States boasts the largest economy in the world and is China’s largest trading partner. Last year, the total value of bilateral trade between the two countries was $737.1 billion, with U.S. imports from China valued at $557.9 billion and U.S. exports to China valued at $179.3 billion.

Who is the largest exporter in the world?

ChinaLeading export countries worldwide China led the world in exports in 2019. China was followed by the United States, with exports valued at 1.64 trillion US dollars, and Germany, with exports valued at 1.49 trillion US dollars. The value of goods exported from China grew immensely between 2002 and 2014.

Where does the US get most of its imports?

Key Takeaways. The United States imports half of its total volume from five countries: China, Canada, Mexico, Japan, and Germany. Although the United States can manufacture goods it imports, these exporting countries have the comparative advantage over it.

Who buys the most from China?

China’s Trading Partners – Top Countries Where China Exports the MostUnited States: $481 billion.Hong Kong: $304 billion.Japan: $148 billion.South Korea: $110 billion.Vietnam: $84 billion.

What country imports the most?

The United States, China and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order. The top traded goods and commodities are oil and fuel, electronic equipment and machinery.

What foods does the US import?

The Most Imported Types of Food in U.S. MarketsLive meat animals.Meats.Fish and shellfish.Dairy.Vegetables.Fruits.Nuts.Coffee, tea and spices.More items…•

Where does the US get its oil?

Where The U.S. Gets Its Oil. America is one of the world’s largest oil producers, and close to 40 percent of U.S. oil needs are met at home. Most of the imports currently come from five countries: Canada, Saudi Arabia, Mexico, Venezuela and Nigeria.

Who owns the most oil in the world?

VenezuelaVenezuela – 300 billion barrels Venezuela has the largest oil reserves of any country in the world, with more than 300 billion barrels of proven reserves. In 2011, the country surpassed Saudi Arabia to top the list of countries having the largest oil reserves.

Which country is largest importer of gold?

IndiaIndia is the largest importer of gold, which mainly caters to the demand of the jewellery industry. In volume terms, the country imports 800-900 tonnes of gold annually.

What is America’s biggest exports?

Services are the biggest US export, with total foreign sales of $778 billion last year. Indeed, the United States has a $243 billion trade surplus in services, which is good news since service industries account for 71% of US jobs.

What are the top 3 imports of the China?

Its top imports are integrated circuits ($207B), crude petroleum ($144B), iron ore ($59B), cars ($46.8B) and gold ($40.3B).

Is the US the world’s largest importer?

The world’s largest single importer is the United States, with a 13.4% share of global imports equal to $2.6 trillion of goods.

What food does the US get from China?

The U.S. imported $4.6 billion in agricultural products from China in 2017. The top U.S. import commodities from China are fruits and vegetables (fresh/processed), snack food, spices, and tea – the combined which accounts for nearly one-half of the total U.S. agricultural imports from China.

What does US import most from China?

The U.S. imports thousands of products from China ranging from TVs and cell phones to clothing and handbags to industrial chemicals and rare metals.

Which country is the largest exporter of gold?

Top 10 Gold Producing CountriesChina – 383.2 tonnes. For many years, China has been the top producing nation, accounting for 11 percent of global mine production. … Russia – 329.5 tonnes. … Australia – 325.1 tonnes. … United States – 200.2 tonnes. … Canada – 182.9 tonnes. … Peru – 143.3 tonnes. … Ghana – 142.4 tonnes. … South Africa – 118.2 tonnes.More items…•