Overview: In January 2021 China exported $44.3B and imported $16B from United States, resulting in a positive trade balance of $28.2B. Between January 2020 and January 2021 the exports of China have increased by $11.7B (36.1%) from $32.5B to $44.3B, while imports increased by $7.42B (86.4%) from $8.59B to $16B.
Trade: In January 2021, the top exports of China to United States were Computers ($4.59B), Telephones ($4.26B), Light Fixtures ($1.22B), Other Plastic Products ($1.09B), and Vehicle Parts ($985M). In January 2021 the top imports of China from United States were Soybeans ($3.04B), Integrated Circuits ($1.22B), Cars ($1.1B), Crude Petroleum ($769M), and Petroleum Gas ($761M).
Origins: In January 2021 the exports of China were mainly from Guangdong Province ($10.9B), Jiangsu Province ($7.1B), Zhejiang Province ($6.3B), Shanghai Province ($3.51B), and Shandong Province ($3.23B), while imports destinations were mainly Beijing ($3.87B), Shanghai Province ($2.87B), Jiangsu Province ($1.6B), Guangdong Province ($1.29B), and Sichuan Province ($1.04B).
Growth: In January 2021, the increase in China's year-by-year exports to United States was explained primarily by an increase in product exports in Computers ($2.25B or 95.7%), Telephones ($768M or 22%), and Other Plastic Products ($576M or 111%). In January 2021, the increase in China's year-by-year imports from United States was explained primarily by an increase in product imports in Soybeans ($1.74B or 135%), Petroleum Gas ($761M or 300k%), and Cars ($440M or 66.5%).