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Home » United States » Who is Tennessee’s largest import trading partner?

Who is Tennessee’s largest import trading partner?

December 14, 2021 by Bridget Gibson

Top 25 Countries Based on 2020 Dollar Value

Rank Country 2019 % Share
— Total Tennessee Imports and % Share of U.S. Total 3.5
— Total, Top 25 Countries and % Share of State Total 95.9
1 China 26.8
2 Mexico 11.8

Contents

What is Tennessee’s largest export?

Soybean
Top Five Agricultural Exports, Estimates, FY 2016

RANK EXPORT VALUE MIL $
1st Soybean 369.7
2nd Other plant products (see 1) 217.6
3rd Cotton 98.5
4th Corn 88.2

Who are their largest import partners?

China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports.

What is imported in Tennessee?

In 2020 the top imports of Tennessee were Medicaments nes, in dosage ($9.16B), Automatic data processing machines: portable, weighing… ($7.24B), Medium Sized Cars ($6.56B), Blood, human or animal, antisera, other… ($4.46B), and Telephones for cellular networks or for…

Who is the 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 country is Tennessee’s top export partner?

Top 25 Countries Based on 2020 Dollar Value

Rank Country 2020 % Share
— Total Tennessee Exports and % Share of U.S. Total 2.0
— Total, Top 25 Countries and % Share of State Total 88.2
1 Canada 20.7
2 Mexico 11.6

What does Tennessee buy the most?

The state’s largest market was Canada. Tennessee exported $7.9 billion in goods to Canada in 2018, representing 24 percent of the state’s total goods exports.
Agriculture in Tennessee depends on Exports.

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2017 Value 2017 State Rank
soybeans $401 million 16
other plant products $216 million 20
cotton $196 million 8

Who are the US largest trading partners in order?

Year-to-Date Total Trade

Rank Country Total Trade
— Total, All Countries 3,338.8
— Total, Top 15 Countries 2,505.1
1 Mexico 486.6
2 Canada 484.0

Who is France’s largest trading partner?

France top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 47,114 8.47
Italy 42,047 7.56
Spain 41,703 7.50
United Kingdom 38,469 6.91

Who is the US number 1 trading partner?

Mexico
List of the largest trading partners of the United States

Rank Country/District Total Trade
1 China 635,364
2 Canada 581,584
3 Mexico 557,581
– ASEAN 247,203

What does Tennessee import from China?

China is a major supplier of electronic components used to make cellphones, printers and computers in Tennessee, Livingston said. China also is among Tennessee’s top 10 states for the level of foreign direct investment in the state with 14 Chinese companies investing more than $457.7 million in Tennessee facilities.

What products are manufactured in Tennessee?

Processed foods (grain products, bread, breakfast cereals, flour) are the most important sector of the manufacturing industry in Tennessee. Important contributing beverages are beer, whiskey and soft drinks. Other processed food products include candy, meats, dairy products and vegetable oil.

What is the economy like in Tennessee?

The US average is 7.3%. – The Income Tax Rate for Tennessee is 0.0%. The US average is 4.6%.
Income and Salaries for Tennessee.

ECONOMY Tennessee, Tennessee United States
Unemployment Rate 5.1% 6.0%
Recent Job Growth -5.4% -6.2%
Future Job Growth 41.6% 33.5%
Sales Taxes 9.8% 6.2%
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Who are the top 3 importers and exporters?

The United States, Germany, China, and Japan are the world’s largest importers and, consequently, the world’s largest economies. In recent years Germany overtook the traditional position of the world’s largest exporter held by the United States over the last 50 years.

What are the top 5 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.

Who is the largest trading partner of the United States quizlet?

Feedback Canada, China, and Mexico are the top three trading partners with the United States. Japan is the fourth-largest trading partner of the United States.

What are Tennessee’s top 10 exports for 2021?

Top 10

  • Cotton (uncarded, uncombed): $713 million (2.5%)
  • Artificial joints, parts and accessories: $703 million (2.5%)
  • Mid-sized automobiles (piston engine): $657 million (2.3%)
  • Precious metals waste, scrap: $549 million (1.9%)
  • Sterile sutures: $500 million (1.8%)
  • Whiskies: $465 million (1.7%)

What are Tennessee’s natural resources?

NATURAL RESOURCES
One of Tennessee’s top resources is its fertile soil—in fact, almost half the state is farmland! The state is also known for mining minerals such as fluorite, calcite, pyrite (also called fool’s gold), marble, and zinc.

What does Texas export the most?

petroleum & coal products
The state’s largest manufacturing export category is petroleum & coal products, which accounted for $56.3 billion of Texas’s total goods exports in 2018.

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Who are the 10 largest trading partners with the US in order?

US Top Trading Partners

  • Canada: US$255.1 billion (17.8% of total US exports)
  • Mexico: $212.7 billion (14.9%)
  • China: $124.6 billion (8.7%)
  • Japan: $64.1 billion (4.5%)
  • United Kingdom: $59 billion (4.1%)
  • Germany: $57.8 billion (4%)
  • South Korea: $51.2 billion (3.6%)
  • Netherlands: $45.5 billion (3.2%)

Who are the top 5 trading partners for the US?

The top five purchasers of U.S. goods exports in 2019 were: Canada ($292.6 billion), Mexico ($256.6 billion), China ($106.4 billion), Japan ($74.4 billion), and the United Kingdom ($69.1 billion). U.S. goods exports to the European Union 27 were $267.6 billion.

Filed Under: United States

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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