In 2024, the total value of the U.S. trade in goods with China amounted to around 583 billion U.S. dollars composed of a 143.55 billion U.S. dollars export value and a 438.95 billion U.S. dollars import value. This represented a negative trade balance of 295.4 billion U.S. dollars.
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 295.4 billion U.S. dollars.
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United States Exports to China was US$143.55 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to China - data, historical chart and statistics - was last updated on March of 2025.
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China recorded a trade surplus of 104.84 USD Billion in December of 2024. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2023, Chinese exports of trade goods to the United States amounted to about 427.23 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.
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This page displays a table with China Exports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade.
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Exports to United States in China decreased to 30786817 USD Thousand in February from 42633059 USD Thousand in January of 2024. This dataset includes a chart with historical data for China Exports To Us.
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Imports in China increased to 369.43 USD Billion in February from 230.79 USD Billion in December of 2024. This dataset provides - China Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Exports to Latin America in China decreased to 18889718.37 USD Thousand in February from 22057751.72 USD Thousand in January of 2024. This dataset includes a chart with historical data for China Exports To Latin America.
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Germany Exports to China was US$62.14 Billion during 2024, according to the United Nations COMTRADE database on international trade. Germany Exports to China - data, historical chart and statistics - was last updated on March of 2025.
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.
In 2023, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 475.6 billion U.S. dollars. China and Canada rounded out the top three as these countries continue to enjoy a close trading relationship under the United States-Mexico-Canada trade agreement. Germany and Japan were also high on the list, both providing the U.S. with over 140 billion dollars worth of imports in 2023.
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Mozambique Exports to China was US$1.18 Billion during 2023, according to the United Nations COMTRADE database on international trade. Mozambique Exports to China - data, historical chart and statistics - was last updated on March of 2025.
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Imports from China in the United States decreased to 31894.80 USD Million in February from 35793.58 USD Million in January of 2024. This dataset includes a chart with historical data for the United States Imports from China.
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Brazil Exports to China was US$94.41 Billion during 2024, according to the United Nations COMTRADE database on international trade. Brazil Exports to China - data, historical chart and statistics - was last updated on March of 2025.
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Croatia Exports to China was US$84.9 Million during 2023, according to the United Nations COMTRADE database on international trade. Croatia Exports to China - data, historical chart and statistics - was last updated on March of 2025.
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China Exports to Bahamas was US$493.33 Million during 2023, according to the United Nations COMTRADE database on international trade. China Exports to Bahamas - data, historical chart and statistics - was last updated on March of 2025.
As of 2024, the United States had a trade deficit of about 918 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.
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Georgia Exports to China was US$303.13 Million during 2024, according to the United Nations COMTRADE database on international trade. Georgia Exports to China - data, historical chart and statistics - was last updated on March of 2025.
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China Imports from Equatorial Guinea was US$1.37 Billion during 2023, according to the United Nations COMTRADE database on international trade. China Imports from Equatorial Guinea - data, historical chart and statistics - was last updated on March of 2025.
In 2024, the total value of the U.S. trade in goods with China amounted to around 583 billion U.S. dollars composed of a 143.55 billion U.S. dollars export value and a 438.95 billion U.S. dollars import value. This represented a negative trade balance of 295.4 billion U.S. dollars.