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.
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.
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Imports: CIF: 3-Digit: CN: Aluminum data was reported at 90.504 USD mn in May 2018. This records a decrease from the previous number of 104.025 USD mn for Apr 2018. Imports: CIF: 3-Digit: CN: Aluminum data is updated monthly, averaging 51.116 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 265.393 USD mn in Jan 2018 and a record low of 0.041 USD mn in Feb 1997. Imports: CIF: 3-Digit: CN: Aluminum data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA081: Trade Statistics: China: Imports: CIF: SITC.
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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 July of 2025.
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China recorded a trade surplus of 114.77 USD Billion in June of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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United States Trade Balance: China: sa data was reported at -32.041 USD bn in May 2018. This records a decrease from the previous number of -30.816 USD bn for Apr 2018. United States Trade Balance: China: sa data is updated monthly, averaging -27.145 USD bn from Jan 2009 (Median) to May 2018, with 113 observations. The data reached an all-time high of -17.570 USD bn in Jun 2009 and a record low of -40.470 USD bn in Mar 2015. United States Trade Balance: China: sa data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.
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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 July of 2025.
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.
In May 2025, *** percent of China's exports to the United States were affected by the U.S. punitive tariffs. On May 14, 2025, the average level of tariffs on Chinese goods announced by U.S. President Donald Trump ranged at **** percent.
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.
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United States Imports from China of Electrical, electronic equipment was US$127.06 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from China of Electrical, electronic equipment - data, historical chart and statistics - was last updated on July of 2025.
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United States Imports: 5-Digit: Rugs and Other Textile Floor Coverings data was reported at 618.020 USD mn in 2017. This records an increase from the previous number of 577.545 USD mn for 2016. United States Imports: 5-Digit: Rugs and Other Textile Floor Coverings data is updated yearly, averaging 358.267 USD mn from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 618.020 USD mn in 2017 and a record low of 195.035 USD mn in 1999. United States Imports: 5-Digit: Rugs and Other Textile Floor Coverings data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.JA080: Trade Statistics: China: Imports: Customs: End Use.
On April 9, 2025, the U.S. imposed high import tariffs on Chinese goods. Average U.S. tariffs on imports from China reached ***** percent on April 10, 2025. In comparison, import levies on exports from the rest of the world were at around **** percent. In response to increased U.S. tariffs, China imposed retaliatory levies, averaging ***** percent as of April 12, 2025. After trade talks, the U.S. and China agreed to temporarily lower mutual trade barriers, leading to average U.S. tariffs of **** percent and average Chinese tariffs of **** percent on May 14, 2025.
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Imports: 5-Digit: CN: Cookware, Cutlery, House and Garden Wares data was reported at 7.178 USD bn in 2017. This records an increase from the previous number of 7.037 USD bn for 2016. Imports: 5-Digit: CN: Cookware, Cutlery, House and Garden Wares data is updated yearly, averaging 4.105 USD bn from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 7.178 USD bn in 2017 and a record low of 1.091 USD bn in 1998. Imports: 5-Digit: CN: Cookware, Cutlery, House and Garden Wares data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA080: Trade Statistics: China: Imports: Customs: End Use.
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China Exports of electrical, electronic equipment to United States was US$125.98 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports of electrical, electronic equipment to United States - data, historical chart and statistics - was last updated on July of 2025.
Toward the end of 2024, American importers had collected over 260 billion U.S. dollars in trade war duties for the U.S. government. While almost 90 billion U.S. dollars of the total was collected under Trump's first administration, over 175 billion U.S. dollars had been collected under the Biden administration. The vast majority of duties collected were assessed under China Section 301, which refers to tariffs ranging from 7.5 percent to 25 percent imposed by the first Trump administration on a variety of Chinese imports. Section 301 of the Trade Act of 1974 is a trade law that gives the authority to take action against trade practices considered unfair to the U.S.
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Imports: 2-Digit: CN: Specialized Machinery data was reported at 643.187 USD mn in May 2018. This records an increase from the previous number of 556.823 USD mn for Apr 2018. Imports: 2-Digit: CN: Specialized Machinery data is updated monthly, averaging 165.032 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 643.187 USD mn in May 2018 and a record low of 7.917 USD mn in Apr 1996. Imports: 2-Digit: CN: Specialized Machinery data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA079: Trade Statistics: China: Imports: Customs: SITC.
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United States Imports: 5-Digit: Nontextile Apparel and Household Goods data was reported at 4.945 USD bn in 2017. This records a decrease from the previous number of 5.031 USD bn for 2016. United States Imports: 5-Digit: Nontextile Apparel and Household Goods data is updated yearly, averaging 5.023 USD bn from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 5.758 USD bn in 2014 and a record low of 2.532 USD bn in 1998. United States Imports: 5-Digit: Nontextile Apparel and Household Goods data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA080: Trade Statistics: China: Imports: Customs: End Use.
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Imports: 2-Digit: CN: Manufactures of Metals, nce data was reported at 1.967 USD bn in May 2018. This records an increase from the previous number of 1.630 USD bn for Apr 2018. Imports: 2-Digit: CN: Manufactures of Metals, nce data is updated monthly, averaging 970.692 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 2.033 USD bn in Jan 2018 and a record low of 84.327 USD mn in Mar 1996. Imports: 2-Digit: CN: Manufactures of Metals, nce data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA079: Trade Statistics: China: Imports: Customs: SITC.
The exports of goods from Russia to China stood at around 69 billion U.S. dollars in 2021, marking an increase compared to the previous year. Russian merchandise imports into China gradually have increased in value since 2015, reaching nearly 72.7 billion U.S. dollars in 2021. Over the observed period, the trade balance of Russia with China was positive only in 2018 in 2019.
Trade in Russia
China was the leading export destination of Russian commodities as well as the major import partner of the country as of 2021. Germany listed in the third place by export value and ranked as the second largest origin of imports to the country over the same period. Russia is one of the leading exporters of goods worldwide. Fuels, minerals, and energy products are its major export commodity groups.
Russian trade in times of coronavirus
The coronavirus (COVID-19) pandemic affected all segments of the Russian economy, including international trade. Nonetheless, in February 2020, certain agricultural product exports from Russia to China experienced a positive growth. The especially significant increase was recorded for fish products at over 50 percent year-on-year. Further up-to-date statistics and facts about trade in Russia can be found in a dedicated topic page.
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.