What Is The Biggest Trade In The World?

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..

Which country has the most trade?

The United StatesThe United States is the world’s largest trading nation, with over $5.6 trillion in exports and imports of goods and services in 2019. The U.S. has trade relations with more than 200 countries, territories, and regional associations around the globe. The United States is the 2nd largest goods exporter in the world.

Who is our biggest trading partner?

U.S. trade with other nations is worth $4.9 trillion per year. China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports.

Which country is Nigeria largest trading partner?

Nigeria’s main trade partners are Brazil, China, India, Japan, US and the European Union. The country’s long-term economic performance remains broadly positive, driven by rising oil and gas production.

What China produces the most?

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

Which country exports the most food 2020?

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

What is Asia’s biggest export?

Asia’s Major Exported ProductsRankExport ProductUS$1.Integrated circuits/microassemblies$540.1 billion2.Phone system devices including smartphones$423.7 billion3.Crude oil$421.3 billion4.Processed petroleum oils$284.6 billion6 more rows•Dec 29, 2018

What is the largest trade in the world?

China led the world in exports in 2019. China was followed by the United States, with exports valued at 1.64 trillion US dollars, and Germany, with exports valued at 1.49 trillion US dollars. The value of goods exported from China grew immensely between 2002 and 2014.

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…•

Who is China’s biggest trade partner?

List of largest trading partners of ChinaNo.Country / RegionExportsTotal2,263.31United States429.72European Union375.13Japan137.217 more rows

Which country exports the most 2020?

China is the top country by exports in the world. As of last month, exports in China was 246,985 million US dollars that accounts for 46.77% of the world’s exports. The top 5 countries (others are Japan, Republic of Korea, Singapore, and Taiwan Province of China) account for 78.95% of it.

Which product has high demand in world?

Meat Exportation. There’s huge demand of meat products in many countries. You can identify which meat is being exported the most and which meat has huge demands. Buffalo meat has been in huge demand and India has remained a huge exporter of buffalo meat in the world.

What two countries trade the most?

Year-to-Date Total TradeRankCountryExports—Total, All Countries1,299.0—Total, Top 15 Countries919.31China110.02Mexico193.013 more rows

What is the most exported product in the world?

World’s Top Export ProductsRankProduct Category2019 Exports (US$)1Electrical machinery, equipment$2,747,375,396,0002Machinery including computers$2,228,234,388,0003Mineral fuels including oil$2,062,513,939,0004Vehicles$1,495,529,701,00092 more rows•May 2, 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.