Flag United States / China Flag

2020
Flag → Flag
Exports
: $122B, Rnk 3 / 218

2020
Flag → Flag
Top Product
: $13.9B, Soybeans

2020
Flag → Flag
Exports
: $438B, Rnk 1 / 209

2020
Flag → Flag
Top Product
: $48.9B, Computers

2020
Flag
Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
Flag  
GDP
: $20.9T, CURRENT US$
Rnk 1 / 204

2010-2020
Flag
GDP GROWTH
: 38.8%, CURRENT US$
Rnk 78 / 204

2020
Flag
 GDP
: $14.7T, CURRENT US$
Rnk 2 / 204

2010-2020
Flag
GDP GROWTH
: 141%, CURRENT US$
Rnk 5 / 204

2020
Flag
GDP PC 
: $63,028, CURRENT US$
Rnk 9 / 204

2010-2020
Flag
GDP PC GROWTH
: 29.6%, CURRENT US$
Rnk 65 / 204

2020
Flag
GDP PC
: $10,409, CURRENT US$
Rnk 77 / 204

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 4 / 204

United States-China In 2020, United States exported $122B to China. The main products that United States exported to China are Soybeans ($13.9B), Integrated Circuits ($10.4B), and Crude Petroleum ($6.68B). During the last 25 years the exports of United States to China have increased at an annualized rate of 9.58%, from $12.4B in 1995 to $122B in 2020.

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 2020, China exported $438B to United States. The main products that China exported to United States were Computers ($48.9B), Broadcasting Equipment ($47.5B), and Other Cloth Articles ($16.1B). During the last 25 years the exports of China to United States have increased at an annualized rate of 10.5%, from $36.1B in 1995 to $438B in 2020.

In 2020, China did not export any services to United States.

Comparison In 2020,  United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T). That same year, China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, United States exported $122B to China. The main products exported from United States to China were Soybeans ($13.9B), Integrated Circuits ($10.4B), and Crude Petroleum ($6.68B). During the last 25 years the exports of United States to China have increased at an annualized rate of 9.58%, from $12.4B in 1995 to $122B in 2020.

In 2020, China exported $438B to United States. The main products exported from China to United States were Computers ($48.9B), Broadcasting Equipment ($47.5B), and Other Cloth Articles ($16.1B). During the last 25 years the exports of China to United States have increased at an annualized rate of 10.5%, from $36.1B in 1995 to $438B in 2020.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $218B

China
Top Destination
: United States, $438B

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 2019, countries that imported more from United States than China were Canada ($218B), Mexico ($196B), and Ireland ($12.6B).

In 2019, countries that imported more from China than United States were Hong Kong ($262B), Vietnam ($104B), and Japan ($151B).

Comparative Advantage United States - China

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Flow
Scale

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

During 2020, United States had a large net trade with China in the exports of Machines ($27B), Vegetable Products ($19B), and Chemical Products ($14.2B).

During 2020, China had a large net trade with United States in the exports of Machines ($209B), Miscellaneous ($53.8B), and Textiles ($48.4B).

Bilateral Service Trade

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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.

Economic Complexity

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Competitive Landscape

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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.