USA vs China: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

USAMetricChina
$1.90TTotal exports$3.41T
$2.98TTotal imports$2.13T
$-1.08TTrade balance$1.29T
$4.87TTotal trade volume$5.54T
#2Global export rank#1
#1Global import rank#2

Direct trade between USA and China

USAChina
$147.30B
ChinaUSA
$441.74B

USA top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$124.16B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$115.84B
  • liquefied, natural gas$39.59B
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$33.69B
  • of an unladen weight exceeding 15,000kg$31.57B

China top exports

  • Telephones for cellular networks or for other wireless networks$223.55B
  • portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display$118.95B
  • lithium-ion, including separators, whether or not rectangular (including square)$69.67B
  • machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus$65.42B
  • memories$49.99B

Shared top trade partners

Both countries appear as major export destinations for 6 of the same partners:

JapanGermanyRep. of KoreaIndiaUnited KingdomMexico