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.

China Exports to United States was US$501.22 Billion during 2023, according to the United Nations COMTRADE database on international trade. China Exports to United States - data, historical chart and statistics - was last updated on May of 2025.

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.

China recorded a trade surplus of 103.22 USD Billion in May of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

This data package includes the underlying data and files to replicate the calculations, charts, and tables presented in The US–China trade war and phase one agreement, PIIE Working Paper 21-2.

If you use the data, please cite as: Bown, Chad P. (2021). The US–China trade war and phase one agreement. PIIE Working Paper 21-2. Peterson Institute for International Economics.

Net trade in goods and services (BoP, current US$) in China was reported at 386063151780 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Net trade in goods and services (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

United States Imports: CIF: 2-Digit: Estimate Of Import Items Valued < $251 data was reported at 301.057 USD mn in May 2018. This records an increase from the previous number of 268.178 USD mn for Apr 2018. United States Imports: CIF: 2-Digit: Estimate Of Import Items Valued < $251 data is updated monthly, averaging 195.992 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 309.627 USD mn in Oct 2014 and a record low of 13.581 USD mn in Apr 1996. United States Imports: CIF: 2-Digit: Estimate Of Import Items Valued < $251 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.

US: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: China, People Republic: Mainland data was reported at -91.089 USD bn in Mar 2018. This records an increase from the previous number of -101.468 USD bn for Dec 2017. US: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: China, People Republic: Mainland data is updated quarterly, averaging -7.849 USD bn from Sep 1971 (Median) to Mar 2018, with 187 observations. The data reached an all-time high of 835.500 USD mn in Dec 1980 and a record low of -103.088 USD bn in Sep 2017. US: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: China, People Republic: Mainland data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Quarterly.

In 2024, China's service trade deficit (also called invisible trade deficit) reached around 164.7 billion U.S. dollars. The invisible trade balance includes sales and purchases of services such as transportation services, insurance services, consulting services, and tourism. A negative trade balance value indicates that imports exceeded exports that year.

China's total Imports in 2023 were valued at US$2.56 Trillion, according to the United Nations COMTRADE database on international trade. China's main import partners were: the United States, South Korea and Japan. The top three import commodities were: Electrical, electronic equipment; Mineral fuels, oils, distillation products and Ores slag and ash. Total Exports were valued at US$3.38 Trillion. In 2023, China had a trade surplus of US$822.98 Billion.

With an export share of over 19 percent, the United States had been China's largest trade partner for years, until 2018, when the share fell significantly to 16.7 percent, after the U.S. president, Donald Trump, imposed a 200 percent tariff on goods from China. In 2024, the United States accounted for approximately 14.7 percent of Chinese exports, reaching their lowest level in the last decade.

Imports: 5-Digit: CN: Fuel Oil data was reported at 63.059 USD mn in 2017. This records an increase from the previous number of 52.436 USD mn for 2016. Imports: 5-Digit: CN: Fuel Oil data is updated yearly, averaging 0.239 USD mn from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 63.059 USD mn in 2017 and a record low of 0.000 USD mn in 2012. Imports: 5-Digit: CN: Fuel Oil 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.

U.S. trade balance for 2023 was -797.34 billion US dollars, a 16.85% decline from 2022.

<ul style='margin-top:20px;'>

<li>U.S. trade balance for 2022 was <strong>-958.94 billion US dollars</strong>, a <strong>11.5% increase</strong> from 2021.</li>
<li>U.S. trade balance for 2021 was <strong>-860.03 billion US dollars</strong>, a <strong>37.34% increase</strong> from 2020.</li>
<li>U.S. trade balance for 2020 was <strong>-626.20 billion US dollars</strong>, a <strong>8.47% increase</strong> from 2019.</li>
</ul>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.

Imports: 2-Digit: CN: Paper, Paperboard & Pulp data was reported at 293.565 USD mn in May 2018. This records an increase from the previous number of 212.367 USD mn for Apr 2018. Imports: 2-Digit: CN: Paper, Paperboard & Pulp data is updated monthly, averaging 147.746 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 337.198 USD mn in Sep 2017 and a record low of 12.132 USD mn in Mar 1996. Imports: 2-Digit: CN: Paper, Paperboard & Pulp 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.

Exports: 3-Digit: CN: Articles of Rubber data was reported at 13.923 USD mn in May 2018. This records a decrease from the previous number of 14.499 USD mn for Apr 2018. Exports: 3-Digit: CN: Articles of Rubber data is updated monthly, averaging 3.842 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 17.737 USD mn in Jul 2014 and a record low of 0.024 USD mn in Feb 1996. Exports: 3-Digit: CN: Articles of Rubber data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA077: Trade Statistics: China: Exports: FAS: SITC.

Techsalerator’s Import/Export Trade Data for United States's $26.9 trillion economy provides a detailed and insightful collection of information on international trade activities involving companies in United States.

To obtain Techsalerator’s Import/Export Trade Data for the United States, please reach out to info@techsalerator.com with your requirements. Techsalerator will provide a customized quote based on your data needs, with delivery available within 24 hours. Ongoing access options can also be discussed.

Techsalerator's Import/Export Trade Data for the United States offers a rich and detailed collection of information crucial for businesses, investors, and trade analysts. This dataset provides a thorough examination of trade activities, documenting and classifying import and export transactions across various U.S. industries. By integrating data from customs reports, trade agreements, and shipping records, the dataset delivers a comprehensive view of the U.S. trade landscape.

Key Data Fields

Company Name: Lists companies involved in trade transactions, helping identify potential partners or competitors and track industry-specific trade patterns. Trade Volume: Details the quantity or value of goods traded, offering insights into the scale and economic impact of trade activities. Product Category: Specifies the types of goods traded, such as raw materials or consumer products, aiding in understanding market demand and supply chain dynamics. Import/Export Country: Identifies the countries of origin or destination for traded goods, providing information on regional trade relationships and market access. Transaction Date: Records the date of transactions, revealing seasonal trends and shifts in trade dynamics over time.

Top Trade Trends in the U.S.

Trade Deficit Dynamics: The U.S. continues to face a notable trade deficit, particularly with major partners like China and the European Union. Efforts are ongoing to address these imbalances through various policy measures and agreements. China-U.S. Trade Relations: The trade relationship with China remains pivotal, characterized by negotiations, tariffs, and agreements that impact global trade flows and supply chains. Shift Towards Regional Trade Agreements: There is a growing emphasis on regional agreements, such as the USMCA, which replaces NAFTA, reflecting a trend toward localized trade solutions. Growth in Technology and E-Commerce: Increased trade in technology products and a surge in e-commerce are reshaping trade patterns and logistics. Sustainability and Environmental Regulations: The U.S. is incorporating sustainability into trade policies, focusing on reducing carbon emissions and promoting green technologies. Notable Companies in U.S. Trade Data Apple Inc.: A major exporter of electronics and software, including iPhones and MacBooks, highlighting its significant role in U.S. trade. Amazon.com, Inc.: A leading e-commerce company with a substantial impact on international trade through its global sales and logistics network. Boeing Company: A key player in aerospace, exporting aircraft and components, contributing significantly to U.S. trade. Microsoft Corporation: Exporter of software, cloud services, and hardware, reflecting the importance of tech exports in the U.S. economy. ExxonMobil Corporation: A major exporter of energy products, including crude oil and refined products, impacting the energy sector of U.S. trade. Accessing Techsalerator’s Data

To obtain Techsalerator’s Import/Export Trade Data for the United States, please reach out to info@techsalerator.com with your requirements. Techsalerator will provide a customized quote based on your data needs, with delivery available within 24 hours. Ongoing access options can also be discussed.

Included Data Fields:

Company Name Trade Volume Product Category Import/Export Country Transaction Date Shipping Details Customs Codes Trade Value

For detailed insights into U.S. import and export activities and trends, Techsalerator’s dataset is an invaluable resource for staying informed and making strategic decisions.

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.

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 June of 2025.

Chinese and Vietnamese garment exporters are cautiously optimistic following Trump's comments hinting at a shift in US trade focus away from textiles, amidst ongoing tariff uncertainties.