United States.
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 |
What does the US buy most from China?
The Top 10 Imports from China to the U.S. (2017)
| Items | Value (US$B) | % of Total Imports |
|---|---|---|
| Automatic data processing machines | $37.2 | 8.4% |
| Trycicles, scooters and similar wheeled toys & other toys | $12.3 | 2.8% |
| Communication apparatus | $11.3 | 2.5% |
| Games; articles for funfair | $5.4 | 1.2% |
What does China sell the most?
Searchable List of China’s Most Valuable Export Products
| Rank | China’s Export Product | Change |
|---|---|---|
| 1 | Phone devices including smartphones | +1.5% |
| 2 | Computers, optical readers | +7.5% |
| 3 | Integrated circuits/microassemblies | +19.4% |
| 4 | Lamps, lighting, illuminated signs | +18.7% |
What is China’s main export to the US?
| China Exports to United States | Value | Year |
|---|---|---|
| Aluminum | $4.40B | 2021 |
| Glass and glassware | $4.22B | 2021 |
| Wood and articles of wood, wood charcoal | $3.91B | 2021 |
| Paper and paperboard, articles of pulp, paper and board | $3.68B | 2021 |
Who does China export to?
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| China Exports By Country | Value | Year |
|---|---|---|
| United States | $577.13B | 2021 |
| Hong Kong | $349.44B | 2021 |
| Japan | $165.82B | 2021 |
| South Korea | $148.85B | 2021 |
What US buys from Russia?
| United States Imports from Russia | Value | Year |
|---|---|---|
| Pearls, precious stones, metals, coins | $2.98B | 2021 |
| Iron and steel | $2.77B | 2021 |
| Fertilizers | $1.28B | 2021 |
| Fish, crustaceans, molluscs, aquatics invertebrates | $1.21B | 2021 |
What would happen if the US stopped trading with China?
If the U.S. is forced to sell half of its direct investments in China, that would cost American investors $25 billion a year in capital gains and up to $500 billion in GDP losses, the report said. U.S. businesses risk losing global competitiveness if sweeping policies force separation from China, the report said.
How much money does China own the US?
China holds more than $1 trillion of the U.S. national debt. That’s a large portion of the $7.6 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $29 trillion national debt is owned by either people in the U.S. or by the U.S. government itself.
What is the biggest import from China?
Its top import product categories track with those of the U.S. overall:
- Machinery & Electrical: 24% of U.S. imports from China.
- Miscellaneous: 19%
- Metals: 10%
- Textiles: 8%
- Plastics/Rubbers: 7%
How much money does the US owe China?
Get ready for this statistic – China owns 981 billion dollars in U.S debt. That means we owe China nearly a trillion dollars! But wait, let us explain. While this number may seem large, the total amount of U.S Treasuries outstanding is more than 30 trillion dollars.
What does China need from the US?
Aircraft, soybeans, motor vehicles and microchips are top U.S. exports to China. Since 2001, the share of these exports going to China has increased sharply. Soybeans and motor vehicles are targets of recent Chinese tariffs.
Who is Russia’s biggest trading partner?
China
RUSSIA top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| China | 49,146 | 14.58 |
| Netherlands | 24,819 | 7.36 |
| United Kingdom | 23,158 | 6.87 |
| Germany | 18,619 | 5.52 |
Who is America’s biggest trading partner?
Year-to-Date Total Trade
| Rank | Country | Total Trade |
|---|---|---|
| — | Total, All Countries | 303.6 |
| — | Total, Top 15 Countries | 226.5 |
| 1 | China | 51.4 |
| 2 | Canada | 44.9 |
HOW MUCH OF US economy depends 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.
What would happen if China stopped exporting?
Accordingly, ceasing the production of all China-made goods would lead to an overwhelming drop in all sorts of raw material. This will cause a commodities market crash which will in turn crash all financial markets and thus cause a worldwide financial crisis that will be almost impossible to recover from.
What does the US import from China?
| United States Imports from China | Value | Year |
|---|---|---|
| Machinery, nuclear reactors, boilers | $115.64B | 2021 |
| Toys, games, sports requisites | $40.42B | 2021 |
| Furniture, lighting signs, prefabricated buildings | $31.45B | 2021 |
| Plastics | $27.05B | 2021 |
What does the US buy from Ukraine?
| United States Imports from Ukraine | Value | Year |
|---|---|---|
| Iron and steel | $1.02B | 2021 |
| Articles of iron or steel | $138.31M | 2021 |
| Electrical, electronic equipment | $99.38M | 2021 |
| Animal, vegetable fats and oils, cleavage products | $88.93M | 2021 |
What does Ukraine provide to the US?
The top goods of Ukrainian exports to the USA in 2021 were: ferrous metals (56.2%) and articles (8.7%); ore, slag and ash (4.6%); fats and oils of animal origin (3.8%); electrical machinery (3.7%).
Does US trade with Ukraine?
The U.S. trade balance with Ukraine is positive. In 2019, of the $2.4 billion in U.S. exports to Ukraine, the top commodity sectors were Transportation Equipment (33.5%), Minerals (30.7%), and Machinery and Mechanical Appliances (9.8%).
Who is winning the trade war between US and China?
15 Ha and Phuc, “The US-China Trade War,” 4.
The US–China Trade War: Vietnam Emerges as the Greatest Winner.
| HS Code | 2018–2019 Loss Abs Value (Millions US$) | Amount Diverted (Using 63%; Millions US$) |
|---|---|---|
| Sum of Positive Change (Millions US$) | % Diverted | |
| 50-63 | 1752 | 51.37% |
| 84, 90 | 13496 | 51.22% |
| 85 | 11447 | 42.03% |
Can China surpass the US?
Bert Hofman, director of the East Asian Institute at the National University of Singapore and a former economist at the World Bank, said he believes China can surpass the U.S. in GDP size by 2035, if it raises its retirement age, allows more rural workers to move to cities, and takes steps to enhance productivity such