| Rank | Country / Territory | China exports |
|---|---|---|
| 1 | United States | 429.7 |
| 2 | European Union | 375.1 |
| – | ASEAN | 277.9 |
| 3 | Japan | 137.2 |
Then, does the US depend on China?
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.
Considering this, how many countries have China as their largest trading partner?
China has become a top trading partner of over 120 countries and regions including the United States, the European Union, as well as Japan, and this shows that the country has emerged from the shadows of the pandemic and will generate strong momentum for global economic recovery.
Is China the world’s top trader?
China has been the largest exporter of goods in the world since 2009. 1 Official estimates suggest the country’s total exports amounted to $2.641 trillion in 2019. 2 In 2013, China became the largest trading nation in the world. 1 The United States previously held that position.
What is China’s global company?
Many of China’s largest companies are state-owned enterprises, due to the significant presence of the Chinese government in the national economy.
| Rank | 1 |
|---|---|
| List Rank | 2 |
| Name | State Grid Corporation of China |
| Headquarters | Beijing |
| Revenue (US$ Million) | 386,617.7 |
What is China’s main export to the US?
| China Exports to United States | Value | Year |
|---|---|---|
| Cereal, flour, starch, milk preparations and products | $219.92M | 2020 |
| Coffee, tea, mate and spices | $216.53M | 2020 |
| Cotton | $212.08M | 2020 |
| Products of animal origin | $203.65M | 2020 |
Which country imports most from China?
China’s Trading Partners – Top Countries from Where China Imports the Most
- South Korea: $203 billion.
- Japan: $180 billion.
- Taiwan: $177 billion.
- United States: $156 billion.
- Germany: $106 billion.
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%.
Who is China’s biggest customer?
The United States. At $20.49 trillion, the United States boasts the largest economy in the world and is China’s largest trading partner.
Who is China’s trading 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.
Who is Japan’s biggest trading partner?
| Rank | Country/District | Total Trade |
|---|---|---|
| – | World | 1,368.1 |
| 1 | China | 296.907 |
| – | ASEAN | 208.492 |
| 2 | United States | 206.633 |
Who is Russia’s biggest trade partner?
Who is the biggest trading country in the world?
Why is China Top Trader?
The World’s Top Traders (2018)
The value of China’s exports in goods annually surpasses the amount it imports from the rest of the world. In 2018, China exported $2.49 trillion in goods while it imported $2.13 trillion. The majority of China’s surplus comes from trade with the US and Hong Kong.