Below are Michigan’s top 10 import products highlighting the state’s highest spending on foreign-made goods in 2020.
- Mid-sized automobiles (piston engine): $11.3 billion (9.8% of Michigan’s imports)
- Small automobiles (piston engine): $11.3 billion (9.7%)
- Small gas-powered trucks: $9.8 billion (8.5%)
What are Michigan’s top imports?
Yearly Imports
In 2021 the top imports of Michigan were Spark ignition Trucks < 5... ($10.9B), Small Sized Cars ($8.41B), Medium Sized Cars ($8.07B), Diesel Trucks < 5 tonnes ($7.7B), and Large Sized Cars ($7.36B).
What does Michigan import and export?
The state’s largest market was Canada. Michigan exported $23.9 billion in goods to Canada in 2018, representing 41 percent of the state’s total goods exports.
Agriculture in Michigan depends on Exports.
| 2017 Value | 2017 State Rank | |
|---|---|---|
| other plant products | $563 million | 7 |
| soybeans | $491 million | 13 |
| dairy products | $261 million | 7 |
What 3 goods are imported into the US the most?
What Are the Major U.S. Imports?
- Machinery (including computers and hardware) – $386.4 billion.
- Electrical machinery – $367.1 billion.
- Vehicles and automobiles – $306.7 billion.
- Minerals, fuels, and oil – $241.4 billion.
- Pharmaceuticals – $116.3 billion.
- Medical equipment and supplies – $93.4 billion.
What does Michigan get from Canada?
Natural gas enters Michigan from Ohio, Indiana, and Wisconsin, and, although Michigan receives a small amount of pipeline natural gas from Canada, the bulk of the natural gas flowing across the border goes into Canada, most of it at St. Clair.
What does Michigan produce the most of?
The state leads the nation in the production of several crops, including asparagus; black and cranberry beans; cucumbers; tart cherries; Niagara grapes; and squash. Michigan agriculture contributes more than $104.7 billion annually to our state’s economy, second in diversity only to California.
What are the top 10 exports in Michigan?
Top 10
- Small gas-powered trucks: $36.6 billion (8.3% of Michigan’s exports)
- Motor vehicle transmissions: $23.1 billion (5.2%)
- Large automobiles (piston engine): $21.9 billion (5%)
- Motor vehicle body parts, accessories: $18.2 billion (4.1%)
- Vehicle rear-view mirrors: $14 billion (3.2%)
What is exported in Detroit?
In 2021 the top exports of Detroit, Mi were Spark ignition Trucks < 5... ($5.63B), Large Sized Cars ($4.08B), Engines, spark-ignition reciprocating, over 1000 cc ($2.47B), Others parts and accessories of bodies... ($1.87B), and Medium Sized Cars ($1.7B).
How much of Michigan is farmland?
10 million acres
There are just under 10 million acres of farmland in Michigan, and the state is home to roughly 47,600 farms.
Does the US buy anything from Russia?
Russia is the United States’ 26th largest goods trading partner and imports from the country account for about 1% of total American imports, though Russian sources compose a much larger share of imports of key commodities.
What does the US import from Ukraine?
In 2019, of the $1.3 billion in U.S. imports from Ukraine, the top commodity sectors were Base metals (59.0%), Agriculture products (12.0%), and Machinery and Mechanical Appliances (9.5%).
What is the US number 1 import?
Searchable List of America’s Most Valuable Import Products
| Rank | US Import Product | Change |
|---|---|---|
| 1 | Cars | +1.6% |
| 2 | Crude oil | +69.1% |
| 3 | Computers, optical readers | +12.8% |
| 4 | Phone devices including smartphones | +17.6% |
Does Michigan import electricity?
Michigan imports all coal and nuclear fuel (uranium), and 82% of natural gas. A goal to produce over 10% of electricity from in-state renewable sources was set in 2015. Major electric companies in Michigan include Detroit Edison (11,000 MW) and Consumers Power (9,000 MW).
Where does Michigan gasoline come from?
Its flammability is the major reason why people and businesses buy natural gas. Natural gas consumed in Michigan comes from gas and oil fields located primarily in Michigan’s Lower Peninsula, the Texas-Oklahoma Panhandle, on and off-shore Louisiana, and Alberta, Canada.
Where does Detroit get its electricity?
As of 2020, 49.66% of DTE’s electricity was generated from coal, 21.07% from nuclear, 17.21% from natural gas and 11.81% from renewable energy including wind, solar and hydroelectric.
What is the most profitable crop in Michigan?
AREA 8 – CASH CROPS AND DAIRY
Area 8 is the leading cash crop area in Michigan. The major cash crops are field beans, sugar beets, corn and wheat. The other major crops – oats and forages – are mostly fed to livestock on farms in the area.
How does Michigan earn money?
Revenues come mainly from tax collections, licensing fees, federal aid, and returns on investments. Expenditures generally include spending on government salaries, infrastructure, education, public pensions, public assistance, corrections, Medicaid, and transportation.
What fruit is Michigan famous for?
Apples. Apples are one of the largest and most valuable fruit crops in Michigan. The state slices more apples than any other state for use in pies. Michigan also processes apples into applesauce, fresh and shelf-stable apple cider, and apple juice, such as Indian Summer juice, which is made in Michigan too!
What is the US #1 export?
Searchable List of America’s Most Valuable Export Products
| Rank | US Export Product | YOY |
|---|---|---|
| 1 | Processed petroleum oils | +46.9% |
| 2 | Crude oil | +40.1% |
| 3 | Petroleum gases | +104% |
| 4 | Cars | +19% |
What does the 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.
How much does 1 acre cost in Michigan?
The average value for farmland that was converted to commercial use was $18,211 per acre for the state of Michigan. The value of farmland being converted to commercial use was $20,683 per acre in the Southern Lower Peninsula and $6,950 per acre in the Upper and Northern Lower Peninsula.