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.

In July 2025, the total value of the U.S. trade in goods with China exceeded 35 billion U.S. dollars. This comprises a 9.3 billion U.S. dollar export value and around 26.41 billion U.S. dollar import value.

China Exports to United States was US$525.65 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to United States - data, historical chart and statistics - was last updated on November of 2025.

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.

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'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.

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 December of 2025.

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.

Key information about United States Total Exports to China

• United States Total Exports to China recorded 8.632 USD bn in Aug 2025, compared with 10.043 USD bn in the previous month
• US Total Exports to China data is updated monthly, available from Jan 2009 to Aug 2025, with an averaged value of 10.526 USD bn
• The data reached an all-time high of 14.914 USD bn in Jan 2021 and a record low of 4.530 USD bn in Jan 2009

The U.S. Census Bureau provides monthly Total Exports to China, FAS, in USD.

In 2024, the import value of services to China amounted to around ***** billion U.S. dollars, increasing significantly from around *** billion U.S. dollars in the previous year. Meanwhile, China's export value in 2024 amounted to about ***** billion U.S. dollars. Total value of services imported to and exported from China in 2024 was around **** trillion U.S. dollars.

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).

China Imports from United States was US$164.59 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Imports from United States - data, historical chart and statistics - was last updated on December of 2025.

Key information about China Total Exports to USA

• China Total Exports to USA recorded 34.920 USD bn in Oct 2025, compared with 34.308 USD bn in the previous Sep 2025
• China Total Exports to USA data is updated monthly, available from Jan 1981 to Oct 2025, with an averaged value of 7.281 USD bn
• The data reached an all-time high of 57.397 USD bn in Sep 2021 and a record low of 78.416 USD mn in Feb 1981

CEIC extends history for monthly Total Exports to USA. The General Administration of Customs provides Total Exports to USA, FOB, in USD. Total Exports to USA prior to January 1993 is sourced from the International Monetary Fund.

Graph and download economic data for U.S. Imports of Goods by Customs Basis from China (IMPCH) from Jan 1985 to Aug 2025 about China, imports, goods, and USA.

Key information about China Total Imports from USA

• China Total Imports from USA recorded 10.156 USD bn in Oct 2025, compared with 11.485 USD bn in the previous month
• China Total Imports from USA data is updated monthly, available from Jan 1981 to Oct 2025, with an averaged value of 2.887 USD bn
• The data reached an all-time high of 18.671 USD bn in Jan 2022 and a record low of 139.302 USD mn in Jul 1983

CEIC extends history for monthly Total Imports from USA. General Administration of Customs provides Total Imports from USA, CIF, in USD. According to the Customs: 'Since 2020, the Customs will no longer release separate trade data for January and February.' Data in February are the cumulative figures of January and February. Total Imports from USA prior to January 1993 is sourced from the International Monetary Fund.

With an export share of over ** percent, the United States had been China's largest trade partner for years, until 2018, when the share fell significantly to **** percent, after the U.S. president, Donald Trump, imposed a *** percent tariff on goods from China. In 2024, the United States accounted for approximately **** percent of Chinese exports, reaching their lowest level in the last decade.

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.

Graph and download economic data for Current Account Credit: Trade: Total Exports of Goods for China (DISCONTINUED) (BPCRTD01CNA637N) from 1998 to 2012 about current account, BOP, credits, China, trade, exports, and goods.

Macau SAR (China) Total Exports: America: USA data was reported at 24,505.315 MOP th in Oct 2025. This records a decrease from the previous number of 24,559.149 MOP th for Sep 2025. Macau SAR (China) Total Exports: America: USA data is updated monthly, averaging 49,177.000 MOP th from Jan 2000 (Median) to Oct 2025, with 310 observations. The data reached an all-time high of 1,326,104.000 MOP th in Aug 2004 and a record low of 3,660.025 MOP th in Feb 2018. Macau SAR (China) Total Exports: America: USA data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR (China) – Table MO.JA: Trade Statistics: by Country.

United States Imports from China was US$462.62 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from China - data, historical chart and statistics - was last updated on December of 2025.