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.

China recorded a trade surplus of 98.24 USD Billion in July of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 August of 2025.

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.

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.

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 September of 2025.

Net trade in goods and services (BoP, current US$) in China was reported at 538958018244 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Net trade in goods and services (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

United States Imports from China of Iron and steel was US$537.11 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from China of Iron and steel - data, historical chart and statistics - was last updated on September 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.

China Exports to Russia was US$115.28 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to Russia - data, historical chart and statistics - was last updated on July of 2025.

Beijing raises tariffs on US farm goods, intensifying trade conflict with a focus on soybeans and other key exports.

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 September of 2025.

China Imports from United States of Headgear was US$4.29 Million during 2024, according to the United Nations COMTRADE database on international trade. China Imports from United States of Headgear - data, historical chart and statistics - was last updated on August of 2025.

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.

China Export: Latin America: Cuba data was reported at 76.693 USD mn in Mar 2025. This records an increase from the previous number of 53.231 USD mn for Feb 2025. China Export: Latin America: Cuba data is updated monthly, averaging 71.898 USD mn from Jan 2001 (Median) to Mar 2025, with 291 observations. The data reached an all-time high of 213.210 USD mn in Jul 2015 and a record low of 5.195 USD mn in Feb 2020. China Export: Latin America: Cuba 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.JA: USD: Trade by Country.

We measure the tariff shocks by matching the U.S. products of Section 301 Tariffs with China provincial customs export data in 2017, the year before the trade war.First, based on the tariffed product lists released by the Office of the United States Trade Representative (USTR), which specify products at the Harmonized Tariff Schedule (HTS) eight-digit code level, we calculate the proportion of tariffed product categories under each six-digit HTS code. For instance, under the U.S. HTS-6 code 6309.29 (tents of other textile material), the corresponding sub-code includes 6306.29.11 (tents of cotton) and 6306.29.21 (tents made of other materials), with only 6306.29.11 being subject to additional tariffs. Thus, the tariffed rate for HTS code 6309.29 is 50%.Second, since the HTS-6 codes are consistent under the Harmonized System (HS) across countries, we estimate the scale of Chinese export affected by the trade war by multiplying the export data of HS-6 products by the corresponding HTS-6 tariffed rate.Third, we further adjust for provincial differences by dividing each province’s tariff-affected export scale by its total export scale.Fourth, the intensity of tariffs varied across the four rounds of the trade war. In the first three rounds, listed products were subjected to a 25% tariff, whereas the fourth round, while covering nearly all remaining U.S.-bound exports, had a lower tariff rate (7.5%), following the signing of the “Phase One” trade agreement between China and the U.S. in January 2020. To account for these differences, we assign a weight of 0.25 to the first three rounds and a weight of 0.075 to the fourth round. The weighted sum serves as a proxy variable for the provincial exposure of the U.S.-China trade war.

On September 1, 2019, China imposed additional tariffs on ** billion U.S. dollars worth of the U.S. import goods. A trade war between the world's two largest economies was initiated by president Trump in mid-2018 and escalated further throughout 2019.

United States Imports: 5-Digit: Photo and Service Industry Mac & Trade Tool data was reported at 9.552 USD bn in 2017. This records an increase from the previous number of 8.595 USD bn for 2016. United States Imports: 5-Digit: Photo and Service Industry Mac & Trade Tool data is updated yearly, averaging 4.397 USD bn from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 9.552 USD bn in 2017 and a record low of 751.745 USD mn in 1998. United States Imports: 5-Digit: Photo and Service Industry Mac & Trade Tool 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.

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.