Overview In March 2022 United States exported $13.4B and imported $47.4B from China, resulting in a negative trade balance of $34B. Between March 2021 and March 2022 the exports of United States have increased by $833M (6.64%) from $12.5B to $13.4B, while imports increased by $7.14B (17.8%) from $40.2B to $47.4B.
Trade In March 2022, the top exports of United States to China were Integrated Circuits ($857M), Soybeans ($816M), Vaccines, blood, antisera, toxins and cultures ($617M), Corn ($612M), and Cars ($557M). In March 2022 the top imports of United States from China were Computers ($5.43B), Telephones ($5.14B), Other toys ($1.23B), Video Displays ($1.02B), and Motor vehicles; parts and accessories (8701... ($901M).
Origins In March 2022 the exports of United States were mainly from Texas ($1.78B), California ($1.64B), Washington ($1.1B), Louisiana ($994M), and Oregon ($809M), while imports destinations were mainly California ($13.2B), Illinois ($5.46B), Texas ($3.3B), Tennessee ($2.7B), and New York ($2.12B).
Growth In March 2022, the increase in United States's year-by-year exports to China was explained primarily by an increase in product exports in Soybeans ($1.81B or 249%), Petroleum Gas ($419M or 659k%), and Vaccines, blood, antisera, toxins and cultures ($363M or 783%). In March 2022, the increase in United States's year-by-year imports from China was explained primarily by an increase in product imports in Computers ($2.18B or 85.7%), Telephones ($1.06B or 27.2%), and Video and Card Games ($535M or 355%).