Quick Answer: Which Two Countries Have The Largest Bilateral Trade Relationship In The World?

Who is the biggest importer in the world?

the United StatesThe world’s largest single importer is the United States, with a 13.4% share of global imports equal to $2.6 trillion of goods.

Following the U.S.

are two other significant economies, each which import over $1 trillion in goods every year: China ($2.1 trillion), and Germany ($1.3 trillion)..

Which country has best economy?

Best Countries Overall Rank: 1Germany.Denmark.Japan.Australia.Sweden.Netherlands.Norway.Austria.More items…•

What country does US export to most?

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 Brazil’s largest trading partner?

In 2017, Brazil major trading partner countries for exports were China, United States, Argentina, Netherlands and Japan and for imports they were China, United States, Argentina, Germany and Korea, Rep..

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.

Who is Europe’s biggest trading partner?

List of the largest trading partners of the European UnionRankCountry/districtTotal trade1United States6152China5593United Kingdom5114Switzerland2566 more rows

What is US biggest export?

Top U.S. service exports 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.

Which country has the most trade?

Year-to-Date Total TradeRankCountryExports—Total, All Countries1,578.9—Total, Top 15 Countries1,078.71Canada300.32China122.013 more rows•Oct 6, 2020

Who are Russia’s biggest trading partners?

ChinaRussia’s leading five export partners in 2019 were China, the Netherlands, Germany, Turkey, and Belarus. The value of total exports from Russia to its major trade partner – China amounted to nearly 56.8 billion U.S. dollars in 2019.

Who is China’s biggest trade 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 is Brazil’s biggest import?

Brazil’s Top Five ImportsAgricultural and industrial machinery $21.1B.Electrical machinery and equipment $16.9B.Mineral fuels including oil $15.1B.Vehicles $10B.Organic chemicals $8.3B.

Which two countries are our biggest international trading partners?

Year-to-Date ImportsRankCountryImports—Total, All Countries1,688.9—Total, Top 15 Countries1,336.71China303.92Mexico232.813 more rows•Oct 6, 2020

Who is biggest exporter in world?

ChinaChina has been the largest exporter of goods in the world since 2009, and total Chinese exports amounted to $2.641 trillion in 2019.

What is Brazil’s biggest export?

List of exports of Brazil#ProductValue1Iron ore32,7382Crude Petroleum20,6943Soybeans17,4044Raw Sugar13,17616 more rows

Is Brazil allies with China?

China is considered Brazil’s largest trading partners. Brazil and China are members of an economic organization called BRICS, also consisting of Russia, India, and South Africa.