Which country has the largest share of total world exports quizlet?

China has the largest share of world exports. As a percentage of GDP, U.S. exports are the highest among the industrially advanced nations.

Who have the largest share of world trade?

Top 5 Export and Import partnersMarketTrade (US$ Mil)Partner share(%)United States2,364,00912.95China1,655,9139.07Germany1,159,0596.35United Kingdom669,3293.67

What is world’s largest export?

ChinaChina. Aside from the European Union, China is the world’s largest exporter. In 2017, China exported an estimated $2.16 trillion worth of goods and services, primarily electronic equipment and machinery. This comprised about 19.6% of China’s total GDP that year.

Which nation had the largest share of world exports in 2018?

Leading the list of the world’s largest exporters is China, with a whopping $2.5 trillion of goods sent abroad in 2018. If you add in Hong Kong’s numbers, China holds 15.7% of the global export total — roughly equal to Japan, Netherlands, South Korea, France, and Singapore combined.

Who is the biggest exporter in India?

The United States remains India’s top export partner in 2021-22, followed by China.

What is India’s share in world trade?

India bagged the second position among the top 15 developing economies’ commercial services exporters in 2020, with a share of 14 per cent. In 2018, India’s share was 11 per cent, with its rank being third.

Which nation had the largest share of world exports in 2014?

China’s proportion of global exports rose to 13.8 percent last year from 12.3 percent in 2014, data from the United Nations Conference on Trade and Employment shows, the highest share any country has enjoyed since the United States in 1968.

Who is the world’s largest importer?

the U.S.
In 2020, the U.S. were the leading import country in the world with an import value of about 2.41 trillion US dollars. Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports.

What is the rank of India in export?

Yearly Exports

In 2019, India exported a total of $330B, making it the number 15 exporter in the world.

Which nation had the largest share of world exports in 2009?

By 2009, China had become the largest exporter in the world.

What is China main export?

The economy is considered to be relatively open if a country’s exports are around 15 percent or more of GDP. In 2020, China’s major export goods were automatic data processing machines and components, followed by textiles, clothes and clothing accessories, mobile phones, and integrated circuits.

How much did China export in 2019?

In 2020, China exported approximately 2.6 trillion U.S. dollars worth of goods….Value of export of goods from China from 2010 to 2020 (in billion U.S. dollars)CharacteristicExports in billion U.S. dollars20192,499.0320182,486.720172,263.35

Which country is the largest exporter of rice?

IndiaIndia: As of 2020-21, India had the highest export volume of rice worldwide, at 15.5 million metric tons.

Which country exports the most 2020?

The value of exports of China amounted to almost 2.6 trillion U.S. dollars in 2020, which placed this country on place one in the ranking of countries with highest exports globally. The value of goods exported from China almost doubled between 2009 and 2014.

What are the top 3 exports of China?

Searchable List of China’s Most Valuable Export ProductsRankChina’s Export Product2020 Value (US$)1Phone system devices including smartphones$223,217,114,0002Computers, optical readers$170,176,156,0003Integrated circuits/microassemblies$117,099,589,0004Miscellaneous articles, dress patterns$55,225,956,000•Jan 14, 2022

Which country is the biggest exporter of sugar?

BrazilBrazil has the highest export volume of sugar of any country, at 32.15 million metric tons as of 2020/2021.

Who is the largest exporter of garlic?

ChinaGarlic production in China is significant to the worldwide garlic industry, as China provides 80% of the total world production and is the leading exporter. Following China, other significant garlic producers include India (5% of world production) and Bangladesh (1%).

Which country is largest exporter of beef?

In 2020, Brazil was the largest exporter of beef worldwide with exports amounting to a value of of 7.4 billion U.S. dollars, followed by Australia, with 6.9 billion dollars.