China, Macao SAR

China, Macao SAR

View Profile →

USA-China, Macao SAR Bilateral Trade Analysis 2023

Complete trade statistics: $720.71M total volume •USA surplus: $507.23M

USAChina, Macao SAR

$613.97M

Exports (2023)

China, Macao SARUSA

$106.74M

Imports (2023)

Trade Balance

$507.23M

Surplus for USA

Total Trade

$720.71M

Combined Volume

Trade Flow Visualization

Direct trade relationship between USA and China, Macao SAR. Green line shows exports from USA, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the USA-China, Macao SAR commercial relationship and competitive positioning in global markets.

USAChina, Macao SAR Exports

$613.97M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
28.8% top product
1Cotton: not carded or combed
$176.68M
28.8% of exports
2Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$156.83M
25.5% of exports
3Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power
$34.99M
5.7% of exports
4Vaccines: for human medicine
$18.85M
3.1% of exports
5Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale
$7.68M
1.3% of exports

🎯 Strategic Export Focus

USA's export portfolio to China, Macao SAR demonstrates strategic specialization, with cotton: not carded or combed representing a key competitive advantage in this bilateral market.

China, Macao SARUSA Imports

$106.74M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
23.9% concentration
1Trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton (not knitted or crocheted)
$25.54M
23.9% of imports
2Hats and other headgear: knitted or crocheted, or made up from lace, felt or other textile fabric, in the piece (but not in strips), whether or not lined or trimmed: hair-nets of any material, whether or not lined or trimmed
$19.00M
17.8% of imports
3Jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted
$10.18M
9.5% of imports
4Jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of wool or fine animal hair
$5.03M
4.7% of imports
5Garments and clothing accessories: babies', of cotton, knitted or crocheted
$3.35M
3.1% of imports

📦 Import Strategy Analysis

USA's import pattern from China, Macao SAR reveals significant dependencyin trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton (not knitted or crocheted), highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

USA demonstrates competitive strength in exportingcotton: not carded or combed to China, Macao SAR, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $720.71M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: USA-China, Macao SAR Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $720.71 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: USA maintains a surplus of $507.23 million
  • Export Focus: USA's primary exports include cotton: not carded or combed, jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power
  • Import Dependencies: Key imports from China, Macao SAR include trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton (not knitted or crocheted), hats and other headgear: knitted or crocheted, or made up from lace, felt or other textile fabric, in the piece (but not in strips), whether or not lined or trimmed: hair-nets of any material, whether or not lined or trimmed, jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $720.71M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with USA leveraging its comparative advantages in cotton: not carded or combed.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

USA's specialization in cotton: not carded or combedcomplements China, Macao SAR's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton (not knitted or crocheted).

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $720.71M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $720.71M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $720.71 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in cotton: not carded or combed and trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton (not knitted or crocheted) demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

USA's trade surplus of $507.23 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof present expansion opportunities.
Market Diversification
Beyond current focus on trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton (not knitted or crocheted), new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in cotton: not carded or combed may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between USA and China, Macao SAR represents a total trade volume of $720.71 million in 2023. This partnership demonstrates a favorable trade balance for USA, with exports exceeding importsby $507.23 million.

Export Strengths

USA's exports to China, Macao SAR total $613.97 million, with competitive advantages in cotton: not carded or combed, representing $176.68M or28.8% of bilateral exports.

Import Dependencies

Imports from China, Macao SAR amount to $106.74 million, highlighting economic interdependence in trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton (not knitted or crocheted), with Trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton (not knitted or crocheted) comprising23.9% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates USA's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between USA and China, Macao SAR in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023