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.

In December 2024, the trade surplus in China amounted to approximately 104.84 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 6.1 trillion U.S. dollars in 2024.China has become a vital trade partner for many economies. In 2023, over 427 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 823.22 billion U.S. dollars as of 2023.

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.

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.

This page displays a table with China Exports By Category in U.S. dollars, according to the United Nations COMTRADE database on international trade.

In December 2024, the total value of the U.S. trade in goods with China amounted to about 50.1 billion U.S. dollars. This comprises an 12.5 billion U.S. dollar export value and around 37.5 billion U.S. dollar import value.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for China (XTEXVA01CNM667S) from Jan 1992 to Dec 2024 about China, exports, trade, and goods.

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.

In 2024, the total value of U.S. trade goods amounted to approximately 5.4 trillion U.S. dollars. This shows the significance and scale of international trade for the economy of the United States. In 2024, the United States imported goods valuing around 3.3 trillion U.S. dollars from international trading partners, in comparison the value of goods exported from the United States to other countries amounted to around 2.1 trillion U.S. dollars.Import and export trade The import of trade goods relate to goods brought into the United States. This typically refers to goods grown, produced, or manufactured in other countries. Imports include goods of domestic origin which have been worked on abroad before reentering the United States. The export of trade goods refer to goods sold internationally which were grown, produced, or manufactured in the United States. It also includes commodities of foreign origin which have been changed in the United States from the form in which they were imported, or which have been enhanced in value or condition by further processing or manufacturing within the United States before again being sold internationally. Leading trade partners of the United States In 2023, Mexico was the largest source of goods imported into the United States, with goods valuing approximately 475.6 billion U.S. dollars. Mexico and Canada were the second and third largest exporters of goods to the United States, respectively. In 2023, Canada was the leading destination of goods exported from the United States, with U.S. trade goods worth over 350 billion U.S. dollars exported to Canada. Mexico and China also feature at the top of the list of importers of U.S. goods.

Hunan: Import: North America: United States data was reported at 47,851.184 USD th in Dec 2024. This records a decrease from the previous number of 73,282.875 USD th for Nov 2024. Hunan: Import: North America: United States data is updated monthly, averaging 74,906.236 USD th from Jan 2015 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 259,415.775 USD th in Mar 2021 and a record low of 25,239.117 USD th in Jan 2016. Hunan: Import: North America: United States data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JBA: USD: Foreign Trade: Hunan.

Hunan: Export: North America: United States data was reported at 345,229.000 USD th in Dec 2024. This records an increase from the previous number of 344,736.496 USD th for Nov 2024. Hunan: Export: North America: United States data is updated monthly, averaging 384,497.287 USD th from Jan 2015 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 1,544,933.357 USD th in Jun 2022 and a record low of 76,659.495 USD th in Feb 2020. Hunan: Export: North America: United States data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JBA: USD: Foreign Trade: Hunan.

This page displays a table with China Imports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade.

Shandong: Import: North America: Others data was reported at 0.010 USD th in Mar 2024. This records a decrease from the previous number of 97.311 USD th for Jan 2024. Shandong: Import: North America: Others data is updated monthly, averaging 0.049 USD th from Jan 2016 (Median) to Mar 2024, with 8 observations. The data reached an all-time high of 97.311 USD th in Jan 2024 and a record low of 0.001 USD th in Jan 2016. Shandong: Import: North America: Others data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JBA: USD: Foreign Trade: Shandong.

Guangxi: Export: North America: Others data was reported at 0.065 USD th in Mar 2020. This records a decrease from the previous number of 0.109 USD th for Feb 2020. Guangxi: Export: North America: Others data is updated monthly, averaging 0.097 USD th from Jan 2019 (Median) to Mar 2020, with 13 observations. The data reached an all-time high of 0.246 USD th in Jan 2020 and a record low of 0.005 USD th in Sep 2019. Guangxi: Export: North America: Others data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JBA: USD: Foreign Trade: Guangxi.

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

Beijing: Export: Latin America: Paraguay data was reported at 8,254.874 USD th in Dec 2024. This records an increase from the previous number of 2,685.268 USD th for Nov 2024. Beijing: Export: Latin America: Paraguay data is updated monthly, averaging 1,914.947 USD th from Jan 2015 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 18,677.997 USD th in Aug 2018 and a record low of 112.491 USD th in Feb 2020. Beijing: Export: Latin America: Paraguay data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JBA: USD: Foreign Trade: Beijing.

Beijing: Import: Latin America: El Salvador data was reported at 81.250 USD th in Dec 2024. This records an increase from the previous number of 67.886 USD th for Nov 2024. Beijing: Import: Latin America: El Salvador data is updated monthly, averaging 74.434 USD th from Jan 2015 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 44,637.711 USD th in Feb 2022 and a record low of 0.478 USD th in Jul 2015. Beijing: Import: Latin America: El Salvador data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JBA: USD: Foreign Trade: Beijing.

Beijing: Import: Latin America: Trinidad and Tobago data was reported at 0.665 USD th in Dec 2024. This records a decrease from the previous number of 24.249 USD th for Nov 2024. Beijing: Import: Latin America: Trinidad and Tobago data is updated monthly, averaging 1.458 USD th from Jan 2015 (Median) to Dec 2024, with 113 observations. The data reached an all-time high of 129,062.835 USD th in Dec 2021 and a record low of 0.006 USD th in Mar 2016. Beijing: Import: Latin America: Trinidad and Tobago data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JBA: USD: Foreign Trade: Beijing.

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.