Overview In October 2022, China exported $47B and imported $12.8B from United States, resulting in a positive trade balance of $34.2B. Between October 2021 and October 2022 the exports of China have decreased by $-6.72B (-12.5%) from $53.7B to $47B, while imports decreased by $-226M (-1.74%) from $13.1B to $12.8B.
Trade In October 2022, the top exports of China to United States were Telephones ($6.89B), Computers ($4.73B), Commodities not elsewhere specified ($1.05B), Other toys ($1.01B), and Light Fixtures ($969M). In October 2022 the top imports of China from United States were Integrated Circuits ($1.04B), Cars ($617M), Crude Petroleum ($592M), Petroleum Gas ($588M), and Soybeans ($534M).
Origins In October 2022 the exports of China were mainly from Guangdong Province ($11.9B), Jiangsu Province ($7.09B), Zhejiang Province ($6.08B), Shanghai Province ($3.82B), and Shandong Province ($3.3B), while imports destinations were mainly Shanghai Province ($2.57B), Beijing ($2.51B), Jiangsu Province ($1.22B), Guangdong Province ($1.15B), and Sichuan Province ($905M).
Growth In October 2022, the decrease in China's year-by-year exports to United States was explained primarily by an decrease in product exports in Non-Knit Women's Suits ($-125M or -23.3%), Leather Footwear ($-59.3M or -23.5%), and Non-Knit Active Wear ($-55.5M or -39.3%). In October 2022, the decrease in China's year-by-year imports from United States was explained primarily by an decrease in product imports in Other Measuring Instruments ($-44.9M or -25.4%), Nitrile Compounds ($-43.8M or -60.4%), and Surveying Equipment ($-43.2M or -80.9%).