Who is the #1 exporter of US exports? (2023)

What is America's number one export?

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 5 exporters of the US?

The United States imports more than 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 comparative advantages.

What is the #1 export that the U.S. sends to China?


Aircraft, soybeans, motor vehicles and microchips are top U.S. exports to China.

What is America's biggest export 2022?

Trade In October 2022, the top exports of United States were Crude Petroleum ($11B), Refined Petroleum ($10.4B), Aircraft Parts ($8.69B), Petroleum Gas ($8.17B), and Soybeans ($5.72B).

Which country sends 80% of its exports to the United States?

Mexico sends about 80% of its total exports to the U. S. Mexican exports sent to the U.S. Percentage of Mexican exports sent to the rest of the world.

What is America's biggest food export?

In 2021, the biggest agricultural export in the United States overall was soybeans, resulting in $27.37 billion in export value. These are the U.S.'s biggest exports in the agricultural sector: Soybeans: $27.37 billion. Corn: $18.72 billion.

What is the US biggest import?

The United States is the world's second-biggest importer. In 2022, the main imports were consumer goods (27 percent), capital goods (26 percent), and industrial supplies (25 percent) followed by automotive vehicles, parts and engines (12 percent), and foods, feeds and beverages (6 percent).

Who does us import the most from?

China was the largest provider of foreign goods to the United States supplying 16.7% of all U.S. imports as of May 2022.

How much does the US owe China?

2021, China owns $1.095 trillion of the total $28 trillion U.S. national debt.

Does Mexico depend on the US?

Mexico's economy is highly dependent on foreign trade, especially on the export of industrial goods such as vehicles and vehicle parts, machinery and electrical appliances. About 80 per cent of Mexican exports are destined for the United States.

What is Germany's No 1 export?

The main German export product: motor vehicles

Accounting for 15.3% motor vehicles and parts thereof of exports, was Germany's main export product in 2021.

Who is Mexico's biggest trading partner?

Mexico's agricultural imports (from all countries) in 2021 totaled about $35.3 billion. The United States is Mexico's largest agricultural trading partner, buying 81 percent of Mexican exports and supplying 69 percent of the country's imports in this category.

How much money does the US give Mexico?

This additional funding brings the total U.S. humanitarian assistance for Central America and Mexico to more than $331 million for Fiscal Year 2021.

How did Mexico lose so much land?

This treaty, signed on February 2, 1848, ended the war between the United States and Mexico. By its terms, Mexico ceded 55 percent of its territory, including the present-day states California, Nevada, Utah, New Mexico, most of Arizona and Colorado, and parts of Oklahoma, Kansas, and Wyoming.

Who supplies the U.S. with the most food?

Canada and Mexico are the two largest suppliers of U.S. agricultural imports.

Where does the U.S. get most of its food?

No other country in the world is as efficient as the United States. The US has a much smaller workforce than China, but it still manages to produce almost the same amounts of agricultural products. The states that produce the most food include Texas, Iowa, California, Illinois, and Nebraska.

What is America #1 import?

Petroleum is the most popular import in 12 states, making it the most common import across America. In 2021, about 72% of imported petroleum was crude oil, which was then domestically refined into products like gasoline, diesel, or jet fuel.

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 dependent is the US on China?

U.S. goods imports from China totaled $434.7 billion in 2020, down 3.6 percent ($16.0 billion) from 2019, but up 19 percent from 2010. U.S. imports from are up 325 percent from 2001 (pre-WTO accession). U.S. imports from China account for 18.6 percent of overall U.S. imports in 2020.

What is the US main export 2022?

In 2022, the main exports were industrial supplies (38 percent of the total), capital goods (29 percent), consumer goods (14 percent), automotive vehicles (8 percent), and food, feeds, and beverages (8 percent).

What is the US number 1 import?

Petroleum is the most popular import in 12 states, making it the most common import across America. In 2021, about 72% of imported petroleum was crude oil, which was then domestically refined into products like gasoline, diesel, or jet fuel.

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