This statistic shows the United States goods trade deficit with China from 2014 to 2024. In 2024, the value of U.S. imports from China exceeded the exports to China by around ***** billion U.S. dollars.

China recorded a trade surplus of 90.07 USD Billion in October of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, China's merchandise trade surplus amounted to around 992.2 billion U.S. dollars, significantly higher than in the previous year. The merchandise trade balance is the value of exported goods minus the value of imported goods. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. Trade balance and partnersIn 2024, Chinese imports of goods amounted to approximately 2.59 trillion U.S. dollars, whereas total exports added up to about 3.58 trillion U.S. dollars. In contrast, China’s invisible trade balance, an indicator measuring services and government transfers between countries, closed with a deficit and ranged at about -92 billion U.S. dollars at the end of 2022. Being an economy heavily reliant on export, China ranked first among countries with the highest trade surplus, followed by Germany and Russia. The United States, with imports exceeding exports by approximately 1.15 trillion U.S. dollars that year, ranked first among leading import countries worldwide. In 2023, the value of the U.S. imports from China exceeded the exports to China by around 279.4 billion U.S. dollars. Another important trade partner for China is the European Union. In 2023, the EU imported around 514 billion euro-worth of goods from China, leading to a trade deficit of around 291 billion euros. Product categories with the highest trade deficit were mostly finished goods such as machinery and transport equipment, clothing, and other manufactures, whereas product categories with a more balanced trade sheet consisted of raw materials and agricultural products to a large extent.

The United States recorded a trade deficit of 59.55 USD Billion in August of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In August 2025, the trade surplus in China amounted to approximately ****** billion U.S. dollars. A positive value implies a trade surplus, a negative trade balance implies a trade deficit. International trade in China China surpassed the United States as the worlds’ largest goods trading economy in 2013. Despite the impacts of the global coronavirus pandemic, the total value of China’s imports and exports amounted to more than *** trillion U.S. dollars in 2024.China has become a vital trade partner for many economies. In 2024, over *** billion U.S. dollars worth of the United States’ imports originated in China, making China its second-largest import partner. A trade surplus occurs when exports of a country exceed its imports. It leads to a net inflow of domestic currency from foreign countries. The trade balance is a major growth factor for an economy. Because of running a large trade surplus, China holds a vast amount of foreign exchange reserves. Foreign exchange reserves may be viewed as a sign of national strength, but also represent a form of forced savings on the people. China was the country with the highest trade surplus of approximately ****** billion U.S. dollars as of 2023.

In 2024, the total value of the U.S. trade in goods with China amounted to around *** billion U.S. dollars composed of a ****** billion U.S. dollars export value and a ****** billion U.S. dollars import value. This represented a negative trade balance of ***** billion U.S. dollars.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for China (XTNTVA01CNA667S) from 1992 to 2024 about China, trade, Net, and goods.

As of 2024, the United States had a trade deficit of about *** billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.

Techsalerator’s Import/Export Trade Data for United States's $26.9 trillion economy provides a detailed and insightful collection of information on international trade activities involving companies in United States.

To obtain Techsalerator’s Import/Export Trade Data for the United States, please reach out to info@techsalerator.com with your requirements. Techsalerator will provide a customized quote based on your data needs, with delivery available within 24 hours. Ongoing access options can also be discussed.

Techsalerator's Import/Export Trade Data for the United States offers a rich and detailed collection of information crucial for businesses, investors, and trade analysts. This dataset provides a thorough examination of trade activities, documenting and classifying import and export transactions across various U.S. industries. By integrating data from customs reports, trade agreements, and shipping records, the dataset delivers a comprehensive view of the U.S. trade landscape.

Key Data Fields

Company Name: Lists companies involved in trade transactions, helping identify potential partners or competitors and track industry-specific trade patterns. Trade Volume: Details the quantity or value of goods traded, offering insights into the scale and economic impact of trade activities. Product Category: Specifies the types of goods traded, such as raw materials or consumer products, aiding in understanding market demand and supply chain dynamics. Import/Export Country: Identifies the countries of origin or destination for traded goods, providing information on regional trade relationships and market access. Transaction Date: Records the date of transactions, revealing seasonal trends and shifts in trade dynamics over time.

Top Trade Trends in the U.S.

Trade Deficit Dynamics: The U.S. continues to face a notable trade deficit, particularly with major partners like China and the European Union. Efforts are ongoing to address these imbalances through various policy measures and agreements. China-U.S. Trade Relations: The trade relationship with China remains pivotal, characterized by negotiations, tariffs, and agreements that impact global trade flows and supply chains. Shift Towards Regional Trade Agreements: There is a growing emphasis on regional agreements, such as the USMCA, which replaces NAFTA, reflecting a trend toward localized trade solutions. Growth in Technology and E-Commerce: Increased trade in technology products and a surge in e-commerce are reshaping trade patterns and logistics. Sustainability and Environmental Regulations: The U.S. is incorporating sustainability into trade policies, focusing on reducing carbon emissions and promoting green technologies. Notable Companies in U.S. Trade Data Apple Inc.: A major exporter of electronics and software, including iPhones and MacBooks, highlighting its significant role in U.S. trade. Amazon.com, Inc.: A leading e-commerce company with a substantial impact on international trade through its global sales and logistics network. Boeing Company: A key player in aerospace, exporting aircraft and components, contributing significantly to U.S. trade. Microsoft Corporation: Exporter of software, cloud services, and hardware, reflecting the importance of tech exports in the U.S. economy. ExxonMobil Corporation: A major exporter of energy products, including crude oil and refined products, impacting the energy sector of U.S. trade. Accessing Techsalerator’s Data

To obtain Techsalerator’s Import/Export Trade Data for the United States, please reach out to info@techsalerator.com with your requirements. Techsalerator will provide a customized quote based on your data needs, with delivery available within 24 hours. Ongoing access options can also be discussed.

Included Data Fields:

Company Name Trade Volume Product Category Import/Export Country Transaction Date Shipping Details Customs Codes Trade Value

For detailed insights into U.S. import and export activities and trends, Techsalerator’s dataset is an invaluable resource for staying informed and making strategic decisions.

Hong Kong SAR (China) HK: Trade Balance: Services: United States data was reported at 66,201.000 HKD mn in 2021. This records an increase from the previous number of 42,604.000 HKD mn for 2020. Hong Kong SAR (China) HK: Trade Balance: Services: United States data is updated yearly, averaging 50,130.000 HKD mn from Dec 2005 (Median) to 2021, with 17 observations. The data reached an all-time high of 66,201.000 HKD mn in 2021 and a record low of 31,501.000 HKD mn in 2005. Hong Kong SAR (China) HK: Trade Balance: Services: United States 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 Hong Kong SAR (China) – Table HK.OECD.TISP: Trade in Services: Trade Balance: by Country: Non OECD Member: Annual.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for China (XTNTVA01CNQ667N) from Q1 1992 to Q3 2025 about China, trade, Net, and goods.

Trump urges China to quadruple U.S. soybean orders to reduce trade deficits, sparking market reactions and skepticism from trade analysts.

In 2024, China's service trade deficit (also called invisible trade deficit) reached around 164.7 billion U.S. dollars. The invisible trade balance includes sales and purchases of services such as transportation services, insurance services, consulting services, and tourism. A negative trade balance value indicates that imports exceeded exports that year.

China: Trade balance, billion USD: The latest value from 2024 is 538.96 billion U.S. dollars, an increase from 385.58 billion U.S. dollars in 2023. In comparison, the world average is 4.90 billion U.S. dollars, based on data from 109 countries. Historically, the average for China from 1982 to 2024 is 139.68 billion U.S. dollars. The minimum value, -12.59 billion U.S. dollars, was reached in 1985 while the maximum of 577.61 billion U.S. dollars was recorded in 2022.

View quarterly updates and historical trends for US Trade Balance on Goods with China. from United States. Source: Bureau of Economic Analysis. Track econ…

China's total Exports in 2024 were valued at US$3.58 Trillion, according to the United Nations COMTRADE database on international trade. China's main export partners were: the United States, Hong Kong and Vietnam. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Imports were valued at US$2.59 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.

Key information about China's Trade Balance

• China's Trade Balance recorded a surplus of 90.1 USD bn in Oct 2025, compared with a surplus of 90.5 USD bn in the previous month
• China's Trade Balance data is updated monthly, available from Jan 1992 to Oct 2025, with an averaged value of 40.3 USD bn
• The data reached an all-time high of 138.0 USD bn in Jan 2025 and a record low of -62.0 USD bn in Feb 2020

Description

This dataset provides monthly economic indicators examining the relationship between US protectionist trade policies and Chinese economic growth from May 2022 to May 2025. The dataset can be used for academic research, statistical analysis, and educational purposes in international economics and trade policy studies.

Context

The dataset captures the economic dynamics during a period of heightened trade tensions between the United States and China. It includes comprehensive indicators of US protectionist measures and their potential impact on various dimensions of Chinese economic performance.

Dataset Structure

Time Period: May 2022 - May 2025 Frequency: Monthly Total Observations: 1127 Total Variables: 14

Column Descriptions

Date

• Type: Categorical (YYYY-MM format)
• Description: Month and year of observation

US Protectionism Indicators

US_Tariff_Index

• Type: Continuous
• Range: 100-120
• Description: Tariff rate index where 100 represents the baseline. Higher values indicate increased protectionist measures.

US_Trade_Restrictions

• Type: Discrete
• Range: 5-15
• Description: Number of new trade restrictions implemented per month, including tariffs, quotas, and non-tariff barriers.

US_AntiDumping_Cases

• Type: Discrete
• Range: 0-12
• Description: Number of anti-dumping cases filed against Chinese products per month.

US_Trade_Policy_Uncertainty

-Type: Continuous - Range: 90-160 - Description: Index measuring uncertainty in trade policy (0-200 scale). Higher values indicate greater uncertainty.

Chinese Growth Indicators

China_GDP_Growth_YoY

• Type: Continuous
• Unit: Percentage (%)
• Range: 3.5-5.5%
• Description: Year-over-year GDP growth rate for China.

China_Industrial_Production_YoY

• Type: Continuous
• Unit: Percentage (%)
• Range: 2.5-5.0%
• Description: Year-over-year change in industrial production output.

China_Exports_Growth_YoY

• Type: Continuous
• Unit: Percentage (%)
• Range: 0-15%
• Description: Year-over-year growth rate of Chinese exports.

China_Manufacturing_PMI

• Type: Continuous
• Range: 47-52
• Description: Purchasing Managers' Index for manufacturing sector. Values >50 indicate expansion, <50 indicate contraction.

China_FDI_Inflow_USD_Billion

• Type: Continuous
• Unit: Billion USD
• Range: 7-15
• Description: Monthly foreign direct investment inflows into China.

Bilateral Trade Indicators

US_China_Trade_Volume_USD_Billion

• Type: Continuous
• Unit: Billion USD
• Range: 40-60
• Description: Total monthly bilateral trade volume between US and China.

US_Trade_Deficit_China_USD_Billion

• Type: Continuous
• Unit: Billion USD
• Range: -32 to -24
• Description: US trade deficit with China. Negative values indicate deficit.

Additional Economic Indicators

USD_CNY_Exchange_Rate

• Type: Continuous
• Range: 6.7-7.3
• Description: Exchange rate expressing yuan per US dollar.

China_Stock_Index

• Type: Continuous
• Range: 2,800-3,500
• Description: Shanghai Composite Stock Index (normalized).

The United States' total Imports in 2024 were valued at US$3.36 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main import partners were: Mexico, China and Canada. The top three import commodities were: Machinery, nuclear reactors, boilers; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$2.06 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

The average for 2023 based on 137 countries was 3.89 billion U.S. dollars. The highest value was in China: 385.58 billion U.S. dollars and the lowest value was in the USA: -774.22 billion U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.