Question: Who Is The Largest Trading Partner?

Who is NZ biggest trading partner?

ChinaChina is New Zealand’s largest trading partner, with two-way trade (exports and imports of goods and services) exceeding NZ$33 billion..

Which country has the most trade?

Year-to-Date Total TradeRankCountryExports—Total, All Countries1,172.0—Total, Top 15 Countries827.51China95.82Mexico173.713 more rows

How much of our imports come from China?

U.S. goods imports from China totaled $539.5 billion in 2018, up 6.7% ($34.0 billion) from 2017, and up 59.7% from 2008. U.S. imports from are up 427% from 2001 (pre-WTO accession). U.S. imports from China account for 21.2% of overall U.S. imports in 2018.

Who is the US’s largest trading partner?

These are America’s top trading partners for 2017, ranked by total exchange of goods:China – $636 billion.Canada – $582.4 billion.Mexico – $557 billion.Japan – $204.2 billion.Germany – $171.2 billion.South Korea – $119.4 billion.United Kingdom – $109.4 billion.France – $82.5 billion.More items…•

Can the UK feed itself?

The UK is not self-sufficient in food production; it imports 48% of the total food consumed and the proportion is rising. … Therefore, as a food-trading nation, the UK relies on both imports and a thriving agricultural sector to feed itself and drive economic growth.

Does US import meat from China?

China’s beef imports continue to soar, but obstacles for U.S. beef increase. Total import duty on U.S. beef is now 47%. China has solidified its position as the fastest-growing beef import market in the world in 2019, with Oceania and South America the dominant suppliers.

Who buys the most from China?

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 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 the UK’s largest trading partner?

List of the largest trading partners of United KingdomRankCountryTotal trade-Total for non-EU642,726-European Union (Total)614,9801United States182,5832Germany134,92748 more rows

What is the richest nation in the world?

QatarMany of the world’s richest countries are also the world’s smallest….Advertisement.RankCountryGDP-PPP ($)1Qatar132,8862Macao SAR114,3633Luxembourg108,9514Singapore103,181104 more rows•Aug 3, 2020

Who is the biggest importer in the world?

The United StatesThe United States is the world’s largest importer of goods, followed by China and Germany. Overall out of the world’s 10 largest importers, 4 countries are in Europe, 4 are in Asia and 2 from North America.

What is New Zealand’s most valuable export?

Searchable List of New Zealand’s Most Valuable Export ProductsRankNew Zealand Export ProductChange1Concentrated/sweetened milk, cream+13.2%2Sheep or goat meat-2.1%3Butter, dehydrated ghee-11.6%4Rough wood-7.6%6 more rows•Oct 4, 2020

Which country does Australia trade with the most?

Top 15China: US$89.2 billion (32.7% of total Australian exports)Japan: $24.4 billion (9%)South Korea: $13.6 billion (5%)United Kingdom: $10.4 billion (3.8%)United States: $10 billion (3.7%)India: $9 billion (3.3%)New Zealand: $7.1 billion (2.6%)Taiwan: $6.8 billion (2.5%)More items…•

What does the UK import the most?

People in the UK mainly import crude petroleum, cars, refined petroleum, packaged medicaments and computers. The UK’s main import partners are Germany, China, the Netherlands, France and Belgium-Luxembourg.

What is Britain’s biggest export?

Machinery and transport equipment was the most valuable export commodity for the United Kingdom in 2019, with an export value of 142.87 billion British pounds. Chemical exports were worth over 57.6 billion pounds, while miscellaneous manufacturers were worth 55 billion pounds.

Who is biggest exporter in world?

Top 20 export countries worldwide in 2019 (in billion U.S. dollars)Exports in billion U.S. dollarsChina2,499.03United States of America1,645.63Germany1,489.16Netherlands709.239 more rows•Dec 1, 2020

What is New Zealand’s biggest export?

Economy of New ZealandStatisticsExportsNZ$86.426 billion (FY 2019/20)Export goodsDairy products, meat, logs and wood products, fruit, machinery and equipment, wine, fish and seafoodMain export partnersChina 23.0% Australia 16.4% United States 11.4% European Union 10.6% Japan 5.3% (FY 2019/20)37 more rows