Quick Answer: Which Country Trades The Most?

Who is the largest exporter of milk?

The statistic shows the Leading exporters of milk worldwide in 2019, in billion U.S.

dollars.

In 2019, New Zealand was the main exporter of milk worldwide with an export value of 6.3 billion U.S.

dollars, followed by Germany with 2.9 billion dollars milk export value in that year..

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•Dec 13, 2020

Who are Israel’s largest trading partners?

Top 15United States: US$16.1 billion (27.5% of total Israeli exports)United Kingdom: $5 billion (8.5%)China: $4.7 billion (8.1%)Hong Kong: $3 billion (5.1%)Netherlands: $2.2 billion (3.7%)India: $2 billion (3.4%)Turkey: $1.7 billion (2.9%)Germany: $1.7 billion (2.8%)More items…•

Who is the world’s biggest exporter?

ChinaChina has been the largest exporter of goods in the world since 2009, and total Chinese exports amounted to $2.641 trillion in 2019.

What is the biggest trade in the world?

Is China the World’s Top Trader? Over the past several decades, Chinese trade has expanded at a breakneck pace. In 1995, the value of China’s imports and exports of goods totaled $280.9 billion or 3 percent of global trade. By 2018, its total trade in goods had jumped to $4.6 trillion or 12.4 percent of global trade.

What are the top 10 trading countries in the world?

Exports by Country Around the World – Top 10China: $2.5 trillion.United States: $1.7 trillion.Germany: $1.6 trillion.Japan: $738 billion.Netherlands: $723 billion.South Korea: $605 billion.France: $582 billion.Hong Kong: $569 billion.More items…•

Which country is the largest trading partner?

In other parts of the world the European Union or the United States is the largest trading partner, however other leading trading countries may be the most prominent in certain countries. Brazil, Russia and South Africa are becoming increasingly dominant in their respective regional areas.

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

Which country is the largest exporter of garments?

ChinaIn 2019, China was the top ranked global clothing exporter with a share of approximately 30.8 percent, followed by the European Union, Bangladesh and Vietnam. In that year, China and the European Union were also the leading textile exporters in the world.

Who is the second largest exporter in the world?

The United StatesThe United States is the world’s second largest exporter in terms of absolute value.

Which country exports the most food?

Largest Food Exports By CountryRankCountryValue of Food Exports (US Dollars, Thousands)1United States72,682,349.792Germany34,628,800.733United Kingdom29,540,218.714China25,152,286.276 more rows•Apr 25, 2017

Which countries dominate world trade?

Who dominates global trade? It is well recognised that China has become the world’s largest trading nation. Less appreciated is the effect this has had in displacing the United States from its traditional dominance as a trading partner for other countries around the world.

Who leads the world economy?

1. United States: USD 24.9 trillion in 2023. FocusEconomics panelists see the U.S. retaining its title as the world’s largest economy, with a forecast for nominal GDP of USD 24.9 trillion in 2023.

What countries rely on China?

List of largest trading partners of ChinaNo.Country / RegionImports1United States153.92European Union197.93Japan165.84Hong Kong73.117 more rows