2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

United States-China In 2022, United States exported $151B to China. The main products that United States exported to China are Soybeans ($18B), Integrated Circuits ($9.61B), and Crude Petroleum ($6.9B). During the last 27 years the exports of United States to China have increased at an annualized rate of 9.58%, from $12.7B in 1995 to $151B in 2022.

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.

China-United States In 2022, China exported $551B to United States. The main products that China exported to United States were Broadcasting Equipment ($59.3B), Computers ($51.9B), and Office Machine Parts ($17.2B). During the last 27 years the exports of China to United States have increased at an annualized rate of 10.5%, from $37.5B in 1995 to $551B in 2022.

In 2022, China did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (2.94M), AMAZON SERVICES LLC (1.06M), and LG ELECTRONICS U.S.A. INC. (683k) were at the forefront of exporting goods from China to the United States. Conversely, SAMSUNG ELECTRONICS CO., LTD (234k), JENNY (215k), and LG ELECTRONICS TIANJIN APPLIANCES (173k) were notable for importing China products to the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $151B to China. The main products exported from United States to China were Soybeans ($18B), Integrated Circuits ($9.61B), and Crude Petroleum ($6.9B). During the last 27 years the exports of United States to China have increased at an annualized rate of 9.58%, from $12.7B in 1995 to $151B in 2022.

In 2022, China exported $551B to United States. The main products exported from China to United States were Broadcasting Equipment ($59.3B), Computers ($51.9B), and Office Machine Parts ($17.2B). During the last 27 years the exports of China to United States have increased at an annualized rate of 10.5%, from $37.5B in 1995 to $551B in 2022.

Exports from United States (Flag) to China (Flag) (2022)

Exports from China (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
China
Top Destination
United States$551B

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

In 2021, countries that imported more from United States than China were Canada ($308B), Mexico ($294B), and Switzerland ($37.7B).

In 2021, countries that imported more from China than United States were Hong Kong ($276B), Vietnam ($138B), and Japan ($178B).

Difference in imports from China (Flag) and United States (Flag) (2022)

Comparative Advantage United States - China

Flow
Scale

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

During 2022, United States had a large net trade with China in the exports of Machines ($30.7B), Vegetable Products ($27.4B), and Chemical Products ($20.3B).

During 2022, China had a large net trade with United States in the exports of Machines ($254B), Miscellaneous ($74.7B), and Textiles ($42.5B).

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 United States has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over United States.

Product Space of United States (Flag) and China (Flag) (2022)

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