2021
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 204
2011-2021
Flag
GDP GROWTH
136%CURRENT US$
Rnk 6 / 204
2021
Flag
 GDP
$23.3TCURRENT US$
Rnk 1 / 204
2011-2021
Flag
GDP GROWTH
49.5%CURRENT US$
Rnk 51 / 204
2021
Flag
GDP PC 
$12,618CURRENT US$
Rnk 75 / 204
2011-2021
Flag
GDP PC GROWTH
125%CURRENT US$
Rnk 5 / 204
2021
Flag
GDP PC
$70,219CURRENT US$
Rnk 10 / 204
2011-2021
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 47 / 204

About

China-United States In 2021, China exported $530B to United States. The main products that China exported to United States are Computers ($57.4B), Broadcasting Equipment ($54.3B), and Office Machine Parts ($16.7B). During the last 26 years the exports of China to United States have increased at an annualized rate of 10.8%, from $36.9B in 1995 to $530B in 2021.

In 2021, China did not export any services to United States.

United States-China In 2021, United States exported $151B to China. The main products that United States exported to China were Soybeans ($14.3B), Integrated Circuits ($12.5B), and Cars ($6.89B). During the last 26 years the exports of United States to China have increased at an annualized rate of 10.1%, from $12.4B in 1995 to $151B in 2021.

In 2017, United States exported services to China worth $58.1B, with Travel ($30.7B), Royalties and license fees ($7.41B), and Financial services ($7.26B) being the largest in terms of value.

Comparison In 2021,  China ranked 25 in the Economic Complexity Index (ECI 1.07), and 1 in total exports ($3.34T). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, China exported $530B to United States. The main products exported from China to United States were Computers ($57.4B), Broadcasting Equipment ($54.3B), and Office Machine Parts ($16.7B). During the last 26 years the exports of China to United States have increased at an annualized rate of 10.8%, from $36.9B in 1995 to $530B in 2021.

In 2021, United States exported $151B to China. The main products exported from United States to China were Soybeans ($14.3B), Integrated Circuits ($12.5B), and Cars ($6.89B). During the last 26 years the exports of United States to China have increased at an annualized rate of 10.1%, from $12.4B in 1995 to $151B in 2021.

Exports from China (Flag) to United States (Flag) (2021)

Exports from United States (Flag) to China (Flag) (2021)

Market Competitiveness

Color
China
Top Destination
United States$530B
United States
Top Destination
Canada$259B

This map shows whether countries import more from China or United States. Each country is colored based on the difference in imports they receive from China and United States or the difference in the growth in imports.

In 2021, countries that imported more from China than United States were Hong Kong ($323B), Vietnam ($129B), and Japan ($168B).

In 2021, countries that imported more from United States than China were Canada ($259B), Mexico ($247B), and Ireland ($18.6B).

Difference in imports from United States (Flag) and China (Flag) (2021)

Comparative Advantage China - United States

Flow
Scale

This chart compares trade between China and United States by product, considering products traded by both, China and United States.

During 2021, China had a large net trade with United States in the exports of Machines ($247B), Miscellaneous ($74.8B), and Textiles ($43.4B).

During 2021, United States had a large net trade with China in the exports of Machines ($32.2B), Vegetable Products ($24.2B), and Chemical Products ($17.7B).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to China worth $58.1B, with Travel ($30.7B), Royalties and license fees ($7.41B), and Financial services ($7.26B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to China (Flag) (2017)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more China has comparative advantage over United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over China.

Product Space of China (Flag) and United States (Flag) (2021)

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