Quick Answer: What Is The Main Export Of The United States?

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)..

Which country exports the most?

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.

What are the top 10 US exports?

America’s Top 10 ExportsSpacecraft and aircraft – $131 billion. … Cars – $127 billion. … Petroleum – $106 billion. … Medical equipment – $83 billion. … Plastics – $60 billion. … Gems, precious metals, and coins – $58 billion. … Pharmaceuticals – $47 billion. … Organic chemicals – $39 billion.More items…•

What is the most important export?

World’s Top Export ProductsRankProduct Category2019 Exports (US$)1Electrical machinery, equipment$2,747,375,396,0002Machinery including computers$2,228,234,388,0003Mineral fuels including oil$2,062,513,939,0004Vehicles$1,495,529,701,00092 more rows•May 2, 2020

Where does the US get most of its produce?

The Bottom Line: Our fruits and vegetables come from all over the United States, but California leads production by a huge margin. When the season ends in the United States, production shifts to Mexico, Central and South American countries allowing Americans to enjoy many fresh produce items year-round.

What is China’s biggest export?

Searchable List of China’s Most Valuable Export ProductsRankChina’s Export Product2019 Value (US$)1Phone system devices including smartphones$224,069,819,0002Computers, optical readers$148,463,426,0003Integrated circuits/microassemblies$102,187,884,0004Processed petroleum oils$38,345,208,0006 more rows•Nov 7, 2020

What does us produce the most?

The largest manufacturing industries in the United States by revenue include petroleum, steel, automobiles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, and mining. A large portion of U.S. industrial output, the United States leads the world in airplane manufacturing.

Why does US import more than export?

That means that Americans import $450 billion of goods and services more than they export to the rest of the world. … The real reason is that Americans are spending more than they produce. The overall trade deficit is the result of the saving and investment decisions of US households and businesses.

What is the best product to export from USA?

Searchable List of America’s Most Valuable Export ProductsRankUS Export Product2019 Value (US$)1Processed petroleum oils$87,507,951,0002Crude oil$65,323,191,0003Cars$56,163,761,0004Automobile parts/accessories$43,018,677,0006 more rows•Nov 11, 2020

What food does America export?

The most popular exports from the United States are maize, soybeans, and milk. Other common exports include wheat, sugar beet, sugar cane, potatoes, and chicken.

What are the major exports of the United States?

Automotive industryFood industryIndustrial Organic Chemicals, NECPharmaceutical PreparationUnited States/Major exports

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…•

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.

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 is the biggest export in the world?

List of countries by exportsRankCountry% of GDP1China18.4%2United States11.7%3Germany47.0%4Japan18.5%91 more rows

Does US export more than imports?

Key Takeaways The United States imports more than it exports. The 2019 U.S. trade balance is negative, showing a deficit of $617 billion. Capital goods comprise the largest portions of both U.S. exports and imports. The United States exports more services than it imports.

What does the US produce and export?

U.S. exports in 2019 was 8.5% of GDP. Capital goods top the list of U.S. exports. These include aircraft, machines, equipment, and semiconductors. The production of soybeans, meat, poultry, and corn benefits the most from government farm subsidies.

What country does the US import the most from?

Year-to-Date Total TradeRankCountryImports—Total, All Countries1,908.3—Total, Top 15 Countries1,501.41China348.72Mexico265.913 more rows

What does India export to USA?

The top export categories (2-digit HS) in 2019 were: mineral fuels ($8.2 billion), precious metal and stone (diamonds) ($6.4 billion), aircraft ($2.8 billion), machinery ($2.4 billion), and organic chemicals ($1.9 billion).