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No cheating question - trade and China

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dmallind Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-25-08 11:26 AM
Original message
No cheating question - trade and China
Data and perception are interesting things. So without looking it up please guess - to yourselves if you like - the answers to the following.

I ask, without much expectation, that nobody post the real data for a little while.

By how much do Chinese exports exceed US exports?

How much of their GDP does either country import?

Where does the US rank on the list of import/GDP countries?

What percentage of US imports come from China?

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entanglement Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-25-08 04:07 PM
Response to Original message
1. I remember Germany, the US and China are the three largest exporters
Don't remember the order, though. I also know China's export to GDP ratio is quite high (40% or so) , and Germany's figure is similar. The US is #1 on the import list. Don't know the answers to the other questions.
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dmallind Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-25-08 05:04 PM
Response to Reply #1
2. Very good - but a caveat
US is most definitely #1 importer in raw dollars, but imports far LESS of its GDP than China does.

IIRC it's something like 15% versus almost 40%
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