China - The World's Leading Exporter

China is one of the oldest continuous civilizations andthe United States, computer parts, peripherals, and
is considered as one of the largest and the mostaccessories have the highest value. Other exports
advanced civilizations in the world. Probably becauseinclude computers, toys and sporting goods,
China is a country where its citizens are united, itshousehold goods, video equipment, and household
economy has boost into becoming the world's thirdfurniture among others.
largest in the world. Shortly trailing after Japan, theOn the other hand, the United States imports a
Gross Domestic Product of China is measured atnumber of products to China as well. The main
$4.91 trillion. As such, China is considered as theexports of the United States to China basically
world's fastest growing economy for the past thirtycomposed of industrial products, and some
years. Aside from this, China is also the largestcommodities. The largest imported product s to China
trading nation in the world. While it is also the world'sis semi conductors. Other imported products include
largest exporter, it just ranks second largest importersoybeans, computer accessories, copper, aluminum,
of goods.industrial machines, plastic products, raw cotton,
One of the leading export products of China arecivilian aircraft, and steelmaking material. Moreover,
minerals. These minerals include tin, magnesium,China also imports from the United States precious
antimony, molybdenum, mercury, barite, manganese,metals, railway transportation equipment, tobacco,
and salt. The worldwide demand for China's mineralscorn, oil seeds and food oils.
is so great that it becomes one of the world's topChina has not only invaded the US market, but the
producers of antimony. Moreover, it ranks second torest of the world as well. It is already very common
the United States in the production and export ofto see a China counterpart of almost any product in
salt. In addition, the world's largest exporter ofthe market today. In fact, most people even prefer
aluminum is also China. Indeed, China has establishedChina products because these products are
itself firmly in the global trade.significantly cheaper and are also of good quality.
The biggest beneficiary of China's exports is theContrary to the misconception that China products
United States. In fact in 2006 alone, China was ableare cheaper because these are of less quality; these
to export $287.8 billion worth of products andproducts would certainly be of lower costs because
merchandise to the United States. As such, thelabor costs in China is way cheaper than in any other
United States is considered as the number one traderpart of the world. Undeniably, China exports have
for China's exports. From among China's exports toconquered all parts of the world.