In 2024, Chinese exports of trade goods to the United States amounted to about 438.95 billion U.S. dollars; a significant increase from 1985 levels, when imports from China amounted to about 3.86 billion U.S. dollars. U.S. exports to China Compared to U.S. imports from China, the value of U.S. exports to China in 2020 amounted to 427.23billion U.S. dollars. China is the United States’ largest trading partner, while China was the United States third largest goods export market. Some of the leading exports to China in the agricultural sector included soybeans, cotton, and pork products. Texas was the leading state that exported to China in 2020 based on total value of goods exports, at 16.9 billion U.S. dollars. U.S. - China trade war The trade war between the United States and China is an economic conflict between two of the world’s largest national economies. It started in 2018 when U.S. President Donald Trump started putting tariffs and trade barriers on China, with the intent to get China to conform to Trump’s wishes. President Trump claimed that China has unfair trade businesses. As a result of this trade war, it has caused a lot of tension between the U.S. and China. Nearly half of American companies impacted by the U.S.-China trade tariffs said that the trade war increased their cost of manufacturing. The healthcare product industry has suffered the most from the trade war in regards to reduced profits.

Prices were expected to change for all agri-food products in the United States due tariffs imposed on China, Mexico, and Canada in 2025. Imported products were expected to suffer the greatest price increases, but domestic products would see prices rise too, mostly due to the fact that stages of the production process might involve raw materials from other countries. Among the domestic agri-food products processed, rice would see the highest price increase, with 4.8 percent, while among imported products wheat would see the highest increase at 14.9 percent.

China Imports of Goods and Services: Volume data was reported at 3,548.573 USD bn in 2026. This records an increase from the previous number of 3,385.647 USD bn for 2025. China Imports of Goods and Services: Volume data is updated yearly, averaging 796.384 USD bn from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 3,548.573 USD bn in 2026 and a record low of 26.926 USD bn in 1982. China Imports of Goods and Services: Volume data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Trade Statistics: Trade Volume and Relative Price: Forecast: Non OECD Member: Annual. MGSVD - Imports of goods and services, volume (national accounts basis)

In August 2025, the total value of imports to China amounted to around ***** billion U.S. dollars. This indicated an increase in import value compared to the same period of the previous year. Import trade partners As of 2023, China was the world’s second-largest importer of merchandise goods, representing **** percent of worldwide imports. Over the last decade, the value of imports to China has increased significantly.In 2024, ASEAN and the European Union were China’s most important import trade partners, with an import value of about **** trillion yuan and **** trillion yuan respectively. About ** percent of China’s imports from the European Union were manufactured goods; the main import commodities to China were machinery and transport equipment. Trade balance With a merchandise trade surplus of more than *** billion U.S. dollars in 2023, China is still the nation with the highest trade surplus worldwide. Despite the pandemic, China exported nearly **** trillion U.S. dollar-worth of goods in 2024, setting another record in history. Nevertheless, a rising number of economists have estimated a downturn in China's economic development recently.

US Tariff Impact on Market

The U.S. drone market is affected by tariffs imposed on Chinese imports, which have led to higher costs for drones and drone components. In particular, the tariffs on multi-rotor drone parts, which dominate the market, have increased production costs for U.S.-based manufacturers.

As a result, drone prices have risen, making them less affordable for consumers. In response, U.S. companies have started to source parts from alternative regions or explore local manufacturing to reduce tariff-related costs. These shifts in the supply chain have sparked innovations, such as the development of cost-effective alternatives to high-priced Chinese components.

While the tariffs have led to short-term price increases, they have also prompted greater investment in the domestic drone industry, stimulating local production and technological advancements. However, the tariff impact on the consumer drone market is felt mostly in segments reliant on imported components, like multi-rotor drones used for hobbyist purposes.

https://scoop.market.us/wp-content/uploads/2025/04/US-Tariff-Impact-Analysis-in-2025.png" alt="US Tariff Impact Analysis in 2025" class="wp-image-53722">

Tariff Impact Percentage for Sector

The U.S. tariff on drone parts has impacted approximately 20-25% of the consumer drone market, particularly affecting multi-rotor drones and other products that rely on Chinese-manufactured components.

US Tariff Impact Data

• Tariff Effect on Drone Prices: The U.S. imposes tariffs on Chinese drone components, raising prices.
• Supply Chain Adjustments: U.S. companies are adapting to tariff impacts by sourcing locally.
• Cost Pressure on Drone Manufacturers: Drone manufacturers face increased costs due to tariffs on Chinese imports.

➤➤➤ Get More Detailed Insights about US Tariff Impact @ https://market.us/report/consumer-drone-market/free-sample/

Economic Impact

• U.S. tariffs have raised the price of consumer drones, making them less affordable.
• Increased production costs have forced companies to either absorb the costs or pass them onto consumers.
• Companies are investing in local manufacturing to mitigate the impact of tariffs.

Geographical Impact

• North America and Europe are experiencing higher retail prices due to the U.S. tariffs on Chinese imports.
• Asia Pacific faces minimal tariff impact, but may still experience supply chain disruptions due to global trade policies.
• U.S. companies are shifting their supply chains to non-tariffed regions, impacting global market dynamics.

Business Impact

• U.S. b...

Imports of Textile Material and Products in China increased to 2983.35 USD Million in May from 2967.74 USD Million in April of 2019. This dataset includes a chart with historical data for China Imports of Textile Material And Products.

China Imports Shadow Price Index: Goods and Services data was reported at 1.171 Index, 2021 in 2026. This records an increase from the previous number of 1.150 Index, 2021 for 2025. China Imports Shadow Price Index: Goods and Services data is updated yearly, averaging 0.955 Index, 2021 from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 1.171 Index, 2021 in 2026 and a record low of 0.186 Index, 2021 in 1982. China Imports Shadow Price Index: Goods and Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Exports and Imports Price Index: Forecast: Non OECD Member: Annual.

Time series data for the statistic Imports_China_from_Belize. Indicator Definition:Goods, Value of Imports, Cost, Insurance, Freight (CIF), US DollarsThe indicator "Goods, Value of Imports, Cost, Insurance, Freight (CIF), US Dollars" stands at 0.02 Million as of 5/31/2025, the highest value since 2/28/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 71,328.57 percent compared to the value the year prior.The 1 year change in percent is 71,328.57.The 3 year change in percent is -75.72.The 5 year change in percent is 266.30.The 10 year change in percent is 110.99.The Serie's long term average value is 0.183 Million. It's latest available value, on 5/31/2025, is 89.08 percent lower, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 5/31/2024, to it's latest available value, on 5/31/2025, is +71,328.57%.The Serie's change in percent from it's maximum value, on 9/30/2014, to it's latest available value, on 5/31/2025, is -99.15%.

Time series data for the statistic Imports_China_from_Guyana. Indicator Definition:Goods, Value of Imports, Cost, Insurance, Freight (CIF), US DollarsThe indicator "Goods, Value of Imports, Cost, Insurance, Freight (CIF), US Dollars" stands at 61.99 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 268.56 percent compared to the value the year prior.The 1 year change in percent is 268.56.The 3 year change in percent is -52.10.The 5 year change in percent is 60.19.The 10 year change in percent is 1,672.53.The Serie's long term average value is 11.34 Million. It's latest available value, on 5/31/2025, is 446.50 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 2/28/1990, to it's latest available value, on 5/31/2025, is +7,317,974.48%.The Serie's change in percent from it's maximum value, on 6/30/2022, to it's latest available value, on 5/31/2025, is -82.38%.

Time series data for the statistic Imports_China_from_the_United_Kingdom. Indicator Definition:Goods, Value of Imports, Cost, Insurance, Freight (CIF), US DollarsThe indicator "Goods, Value of Imports, Cost, Insurance, Freight (CIF), US Dollars" stands at 1.23 Billion as of 02/28/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 4.67 percent compared to the value the year prior.The 1 year change in percent is 4.67.The 3 year change in percent is -26.38.The 5 year change in percent is 12.95.The 10 year change in percent is 16.11.The Serie's long term average value is 0.89 Billion. It's latest available value, on 02/28/2025, is 37.72 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 01/31/1993, to it's latest available value, on 02/28/2025, is +4,348.90%.The Serie's change in percent from it's maximum value, on 03/31/2021, to it's latest available value, on 02/28/2025, is -59.20%.

Hermes web scraped data

  About the website

The luxury goods industry in the Asia Pacific, particularly in China, is experiencing significant growth driven by rising wealth and changing consumer preferences. Hermes, a high-end luxury brand, is a notable player within this affluent sector. This industrys success is tied to the robust ecommerce landscape in China, characterized by innovative digital platforms with extensive customer reach. The dataset examined contains… See the full description on the dataset page: https://huggingface.co/datasets/DBQ/Hermes.Product.prices.China.

Time series data for the statistic Imports_China_from_Denmark. Indicator Definition:Goods, Value of Imports, Cost, Insurance, Freight (CIF), US DollarsThe indicator "Goods, Value of Imports, Cost, Insurance, Freight (CIF), US Dollars" stands at 694.31 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 53.29 percent compared to the value the year prior.The 1 year change in percent is 53.29.The 3 year change in percent is 60.67.The 5 year change in percent is 57.33.The 10 year change in percent is 106.70.The Serie's long term average value is 203.36 Million. It's latest available value, on 5/31/2025, is 241.42 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 2/28/1991, to it's latest available value, on 5/31/2025, is +28,805.50%.The Serie's change in percent from it's maximum value, on 6/30/2024, to it's latest available value, on 5/31/2025, is -18.87%.

Time series data for the statistic Imports_China_from_Liberia. Indicator Definition:Goods, Value of Imports, Cost, Insurance, Freight (CIF), US DollarsThe indicator "Goods, Value of Imports, Cost, Insurance, Freight (CIF), US Dollars" stands at 3.76 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -68.25 percent compared to the value the year prior.The 1 year change in percent is -68.25.The 3 year change in percent is -12.19.The 5 year change in percent is 1,168.00.The 10 year change in percent is -85.51.The Serie's long term average value is 6.30 Million. It's latest available value, on 5/31/2025, is 40.36 percent lower, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 10/31/1992, to it's latest available value, on 5/31/2025, is +375,900.00%.The Serie's change in percent from it's maximum value, on 3/31/2014, to it's latest available value, on 5/31/2025, is -91.45%.

Balenciaga web scraped data

  About the website

The fashion industry in the Asia Pacific region, particularly in China, is a hotbed of activity. It is one of the most lucrative markets in the world, spurred by a fast-growing middle class with an increased appetite for luxury products. The Chinese market, especially, plays host to many high-end, luxury fashion brands like Balenciaga. A significant transition has been noted in the mode of shopping, with a sharp turn towards… See the full description on the dataset page: https://huggingface.co/datasets/DBQ/Balenciaga.Product.prices.China.

Time series data for the statistic Imports_China_from_Haiti. Indicator Definition:Goods, Value of Imports, Cost, Insurance, Freight (CIF), US DollarsThe indicator "Goods, Value of Imports, Cost, Insurance, Freight (CIF), US Dollars" stands at 1.06 Million as of 5/31/2025, the highest value since 5/31/2024. Regarding the One-Year-Change of the series, the current value constitutes an increase of 154.51 percent compared to the value the year prior.The 1 year change in percent is 154.51.The 3 year change in percent is 132.65.The 5 year change in percent is 250.80.The 10 year change in percent is 65.40.The Serie's long term average value is 0.507 Million. It's latest available value, on 5/31/2025, is 108.96 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 3/31/2004, to it's latest available value, on 5/31/2025, is +178,954.05%.The Serie's change in percent from it's maximum value, on 4/30/2010, to it's latest available value, on 5/31/2025, is -68.18%.

Time series data for the statistic Imports_China_from_Portugal. Indicator Definition:Goods, Value of Imports, Cost, Insurance, Freight (CIF), US DollarsThe indicator "Goods, Value of Imports, Cost, Insurance, Freight (CIF), US Dollars" stands at 271.47 Million as of 5/31/2025, the highest value since 1/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 15.93 percent compared to the value the year prior.The 1 year change in percent is 15.93.The 3 year change in percent is 10.66.The 5 year change in percent is 79.21.The 10 year change in percent is 103.48.The Serie's long term average value is 84.19 Million. It's latest available value, on 5/31/2025, is 222.46 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 1/31/1991, to it's latest available value, on 5/31/2025, is +3,016,233.33%.The Serie's change in percent from it's maximum value, on 1/31/2021, to it's latest available value, on 5/31/2025, is -24.73%.

Time series data for the statistic Imports_China_from_Gabon. Indicator Definition:Goods, Value of Imports, Cost, Insurance, Freight (CIF), US DollarsThe indicator "Goods, Value of Imports, Cost, Insurance, Freight (CIF), US Dollars" stands at 287.08 Million as of 5/31/2025, the highest value since 2/28/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 8.94 percent compared to the value the year prior.The 1 year change in percent is 8.94.The 3 year change in percent is 93.90.The 5 year change in percent is 11.71.The 10 year change in percent is 257.93.The Serie's long term average value is 102.55 Million. It's latest available value, on 5/31/2025, is 179.94 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 11/30/1990, to it's latest available value, on 5/31/2025, is +14,225,862.32%.The Serie's change in percent from it's maximum value, on 7/31/2022, to it's latest available value, on 5/31/2025, is -53.93%.

Time series data for the statistic Imports_China_from_Nicaragua. Indicator Definition:Goods, Value of Imports, Cost, Insurance, Freight (CIF), US DollarsThe indicator "Goods, Value of Imports, Cost, Insurance, Freight (CIF), US Dollars" stands at 22.94 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 416.20 percent compared to the value the year prior.The 1 year change in percent is 416.20.The 3 year change in percent is 449.03.The 5 year change in percent is 1,023.16.The 10 year change in percent is 821.69.The Serie's long term average value is 2.80 Million. It's latest available value, on 5/31/2025, is 719.47 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 1/31/1993, to it's latest available value, on 5/31/2025, is +2,293,900.00%.The Serie's change in percent from it's maximum value, on 4/30/2025, to it's latest available value, on 5/31/2025, is -39.17%.

China's total Imports in 2024 were valued at US$2.59 Trillion, according to the United Nations COMTRADE database on international trade. China's main import partners were: South Korea, the United States and Japan. The top three import commodities were: Electrical, electronic equipment; Mineral fuels, oils, distillation products and Ores slag and ash. Total Exports were valued at US$3.58 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.

In 2024, goods imports to China increased by about *** percent compared to the previous year (based on yuan value). Resulting from a difficult global economic environment and the high base of total imports during the pandemic, China's international trade saw only slow growth that year. Goods import to China In 2024 China’s total international trade value reached **** trillion yuan, comprised of **** trillion yuan merchandise export value and **** trillion yuan import value. Imports accounted for nearly **** percent of the gross domestic product (GDP) that year.China is the world’s second largest merchandise importer after the United States. Among the country’s major import goods are integrated circuits, crude oil, and iron ore. The ASEAN was the major region exporting to China in 2024, accounting for over ** percent of China’s total imports. The European Union was China's second largest import origin that year. In addition, China's closest neighbors – South Korea, Taiwan, and Japan – each covered *** to ***** percent of the total import value. Import growth China's merchandise imports were stalled as a result of the difficult global economic environment in 2024. Guangdong province was China's largest import destination, followed by Shanghai municipality and Jiangsu province. As for trade partners, China has increased its imports of merchandise from Russia significantly since 2022. In 2023, China imported nearly *** billion yuan of products from Russia.