In 2020 the top imports of Michigan were Medium Sized Cars ($11.3B), Small Sized Cars ($11.3B), Spark ignition engine trucks weighing <…
Contents
What is Michigan’s biggest import?
transportation equipment
The state’s largest manufacturing export category is transportation equipment, which accounted for $28.2 billion of Michigan’s total goods exports in 2018.
What is the number 1 import?
Searchable List of America’s Most Valuable Import Products
| Rank | US Import Product | 2020 Value (US$) |
|---|---|---|
| 1 | Cars | $145,659,382,000 |
| 2 | Computers, optical readers | $104,948,207,000 |
| 3 | Phone system devices including smartphones | $102,547,452,000 |
| 4 | Medication mixes in dosage | $95,175,568,000 |
What are the top 3 imports?
What Are the Major U.S. Imports?
- Minerals, fuels, and oil – $241.4 billion.
- Pharmaceuticals – $116.3 billion.
- Medical equipment and supplies – $93.4 billion.
- Furniture, Lighting, and Signs – $72.1 billion.
- Plastics – $61.9 billion.
- Gems and precious metals – $60.8 billion.
- Organic chemicals – $54.6 billion.
What does Detroit import?
In 2020 the top import origins of Detroit, Mi were Canada ($52.9B), China ($2.62B), Germany ($1.65B), South Korea ($1.24B), and Italy ($823M). In 2020 the top imports of Detroit, Mi were Medium Sized Cars ($6.3B), Large Sized Cars ($5.91B), Small Sized Cars ($2.75B), Parts and accessories of bodies nes…
What goods are imported to Michigan?
Top Michigan goods imports from Canada
- Automobiles: $13.2 billion.
- Motor vehicle parts: $3.8 billion.
- Engines & turbines: $1.7 billion.
- Crude petroleum: $1.6 billion.
- Iron & steel alloys & semi-finished products: $835 million.
- Aluminum & aluminum articles: $696 million.
- Plastics & plastic articles: $683 million.
What is Michigan’s biggest trading partner?
Top 25 Countries Based on 2020 Dollar Value
| Rank | Country | 2018 % Share |
|---|---|---|
| — | Total Michigan Exports and % Share of U.S. Total | 3.5 |
| — | Total, Top 25 Countries and % Share of State Total | 93.5 |
| 1 | Canada | 41.2 |
| 2 | Mexico | 21.2 |
What is the US #1 Export?
Searchable List of America’s Most Valuable Export Products
| Rank | US Export Product | YOY |
|---|---|---|
| 1 | Processed petroleum oils | -30.6% |
| 2 | Crude oil | -23% |
| 3 | Cars | -18.7% |
| 4 | Integrated circuits/microassemblies | +10.3% |
What is Mexico main import?
Mexico’s major imports include machinery and transport equipment, chemicals, and consumer goods.
What do we import from China?
The United States continues to import food from China, including $4.6 billion worth in 2017 alone. Top imports include fruits and vegetables, snack foods, spices and tea. In 2019, for example, the U.S. imported $89 million worth of tea and $300 million worth of apple juice.
Who trades the most with the US?
China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. But this landscape could be reshaped as President Trump pursues “America First” policies and reworks free trade deals.
What country does US import the most from?
Year-to-Date Imports
| Rank | Country | Percent of Total Imports |
|---|---|---|
| — | Total, All Countries | 100.0% |
| — | Total, Top 15 Countries | 78.6% |
| 1 | China | 17.5% |
| 2 | Mexico | 13.7% |
What are the most imported products?
World’s Top Import Products
| Rank | Product | 2019 Import Purchases |
|---|---|---|
| 1. | Crude oil | $1,056,062,568,000 |
| 2. | Integrated circuits/microassemblies | $848,913,525,000 |
| 3. | Cars | $774,285,065,000 |
| 4. | Processed petroleum oils | $663,640,142,000 |
Who does Michigan trade with?
Michigan’s trade partners in North America, Canada and Mexico, account for almost three-fifths (59.2%) of the overall value of exported goods from the state.
What does Michigan produce?
Michigan is one of the leading producers of apples, blueberries and cherries. Traverse City is famous for its cherries. Important Michigan vegetable crops are asparagus, bell peppers, carrots, celery, cucumbers, onions, potatoes, pumpkins, snap beans, sweet corn and tomatoes.
What does the US export 2021?
Exports of goods increased $0.3 billion to $145.9 billion in June. Exports of goods on a Census basis increased $0.2 billion. Industrial supplies and materials increased $1.2 billion. Crude oil increased $1.6 billion.
U.S. International Trade in Goods and Services, June 2021.
| Deficit: | $75.7 Billion | +6.7%° |
|---|---|---|
| Exports: | $207.7 Billion | +0.6%° |
| Imports: | $283.4 Billion | +2.1%° |
What is the US main import?
The United States is the world’s second biggest importer. Main imports are: capital goods (22 percent) and consumer goods (21 percent). Others include: automotive vehicles, parts and engines (12 percent) and foods, feeds and beverages (5 percent).
What does US produce the most?
Most Produced Commodities In The US
- Refined and Crude Petroleum: Both Imported And Exported.
- Soybeans: Runner-Up To China.
- Cotton: Over Double India’s Exports.
- Corn: Most Exported From The US.
- Wheat: Another Leading Exported Commodity.
- Oil: Heavily Imported Despite Production.
- Natural Gas: Self-Sufficient Energy In The US.
What is Mexico’s number 1 export?
Searchable List of Mexico’s Most Valuable Export Products
| Rank | Mexico’s Export Product | 2020 Value (US$) |
|---|---|---|
| 1 | Cars | $39,476,275,000 |
| 2 | Computers, optical readers | $31,823,594,000 |
| 3 | Automobile parts/accessories | $26,701,510,000 |
| 4 | Trucks | $24,336,274,000 |
What is Mexico’s biggest import?
Mexico’s Top Imports
- Refined petroleum – $31.3 billion.
- Petroleum gas – $7.06 billion.
- Corn – $3.1 billion.
- Raw aluminum – $2.28 billion.
- Soybeans – $1.94 billion.
What does the US trade with Canada?
In 2020, U.S. exports of goods to Canada totaled $256.1 billion. The top export categories (2-digit HS) in 2020 to Canada were: machinery ($39billion), vehicles ($38 billion), electrical machinery ($22 billion), mineral fuels ($16 billion), and plastics ($13 billion).
