Question: What Is US Number 1 Export?

Where does the US get its oil?

The largest sources of U.S.

imported oil were: Canada (49%), Mexico (7%), Saudi Arabia (6%), Russia (6%), and Colombia (4%).

According to the American Petroleum Institute, the oil and natural gas industry supports nine million U.S.

jobs and makes up seven percent of the nation’s gross domestic product..

What countries rely on the US?

List of the largest trading partners of the United StatesRankCountry/DistrictImports-European Union434,6331China505,4702Canada299,3193Mexico314,26729 more rows

Which country is the US largest trading partner?

These are the biggest U.S. trade partnersChina – $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…•

What are the top 3 Imports of China?

Its top imports are integrated circuits ($207B), crude petroleum ($144B), iron ore ($59B), cars ($46.8B) and gold ($40.3B).

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 China’s biggest trading partner?

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 does America produce the most of?

The largest manufacturing industries in the United States by revenue include petroleum, steel, automobiles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, and mining. A large portion of U.S. industrial output, the United States leads the world in airplane manufacturing.

Where does the US get its resources?

China is the single largest source of mineral commodities for the United States, particularly for resources like rare earth elements, germanium, and industrial diamonds. In fact, of the 47 mineral commodities that the United States is more than 50 percent reliant on foreign sources, 24 came in part from China.

What are the top 3 exports of the United States?

These are the top US exportsTop U.S. goods exports.Food, beverage and feed: $133 billion. … Crude oil, fuel and other petroleum products: $109 billion. … Civilian aircraft and aircraft engines: $99 billion. … Auto parts, engines and car tires: $86 billion. … Industrial machines: $57 billion.Passenger cars: $53 billion. … Pharmaceuticals: $51 billion.More items…•

What is America’s number 1 export?

Processed petroleum oilsSearchable List of America’s Most Valuable Export ProductsRankUS Export Product2019 Value (US$)1Processed petroleum oils$87,507,951,0002Crude oil$65,323,191,0003Cars$56,163,761,0004Automobile parts/accessories$43,018,677,0006 more rows•Dec 11, 2020

What are the top 5 exporters of the US?

The top five purchasers of U.S. services exports in 2019 were: the United Kingdom ($78.3 billion), Canada ($67.7 billion), Ireland ($57.5 billion), China ($56.5 billion), and Japan ($50.0 billion).

Who does the US export the most to?

Rounding out the list of America’s top trading partners in terms of U.S. export sales, the following 15 countries ranked highest in 2018.Canada: US$300 billion (18% of total US exports)Mexico: $265 billion (16%)China: $120 billion (7.4%)Japan: $75.2 billion (4.6%)United Kingdom: $66.3 billion (4.1%)More items…

Who is the biggest exporter in the world?

ChinaLeading export countries worldwide 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.

Where does US get most of its food?

In 2018, the top partner countries from which United States Imports Food Products include Canada, Mexico, France, Italy and China.

Which country has the largest trade deficit?

United StatesTop 20 countries with the largest deficitRankCountryYear1United States2017 EST.2United Kingdom2019 Q3 Only3India2018-19 EST.4Canada2017 EST.16 more rows