Flag United States / China Flag

Exports FlagFlag  (2018): $119B, Rnk 3 / 215

Top Product FlagFlag (2018): $15.6B, Planes, Helicopters, and/or Spacecraft

Exports FlagFlag (2018): $499B, Rnk 1 / 206

Top Product FlagFlag (2018): $57.8B, Broadcasting Equipment

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

GDP Flag (2018): $22.5T, CONST 2011 USD
Rnk 2 / 188

GDP GROWTH Flag (2008-2018): 19.1%, CONST 2011 USD
Rnk 58 / 188

GDP Flag (2018): $22.5T, CONST 2011 USD
Rnk 1 / 188

GDP GROWTH Flag (2008-2018): 115%, CONST 2011 USD
Rnk 185 / 188

GDP PC Flag (2018): $55,719, CONST 2011 USD
Rnk 12 / 188

GDP PC GROWTH Flag (2008-2018): 10.7%, CONST 2011 USD
Rnk 77 / 188

GDP PC Flag (2018): $16,182, CONST 2011 USD
Rnk 76 / 188

GDP PC GROWTH Flag (2008-2018): 104%, CONST 2011 USD
Rnk 187 / 188

United States-China: In 2018, United States exported $119B to China. The main products exported from United States to China were Planes, Helicopters, and/or Spacecraft ($15.6B), Cars ($6.86B), and Integrated Circuits ($6.45B). During the last 23 years the exports of United States to China have increased at an annualized rate of 9.79%, from $13.9B in 1995 to $119B in 2018. In 2011, United States exported services to China worth $21B, with Travel ($11.9B), Transportation ($4.32B), and Royalties and license fees ($4.13B) being the largest in terms of value.

China-United States: In 2018, China exported $499B to United States. The main products exported from China to United States were Broadcasting Equipment ($57.8B), Computers ($46.2B), and Office Machine Parts ($25B). During the last 23 years the exports of China to United States have increased at an annualized rate of 11.4%, from $41.8B in 1995 to $499B in 2018.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). That same year, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). In terms of GDP Per Capita, United States was ranked 12 with a GDP Per Capita of $55,719, and China was ranked 76 with a GDP Per Capita of $16,182.

Bilateral Trade by Products

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Depth
Value

In 2018, United States exported $119B to China. China is the 3rd export destination of United States, accounting for 8.23% of United States's exports. The main products exported from United States to China were Planes, Helicopters, and/or Spacecraft ($15.6B), Cars ($6.86B), and Integrated Circuits ($6.45B). During the last 23 years the exports of United States to China have increased at an annualized rate of 9.79%, from $13.9B in 1995 to $119B in 2018.

In 2018, China exported $499B to United States. United States is the 1st export destination of China, accounting for 19.3% of China's exports. The main products exported from China to United States were Broadcasting Equipment ($57.8B), Computers ($46.2B), and Office Machine Parts ($25B). During the last 23 years the exports of China to United States have increased at an annualized rate of 11.4%, from $41.8B in 1995 to $499B in 2018.

Market Competitiveness

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Measure

United States
Top Destination
: Mexico, $237B

China
Top Destination
: United States, $499B

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 2018, countries that imported more from United States than China were Mexico ($237B), Canada ($190B), and Belgium-Luxembourg ($32B).

In 2018, countries that imported more from China than United States were Hong Kong ($282B), Japan ($155B), and Vietnam ($83.3B).

Comparative Advantage United States - China

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Section

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

United States has a large net trade with China in the exports of Transportation ($26.1B), Machines ($24.7B), and Instruments ($13B).

China has a large net trade with United States in the exports of Machines ($243B), Miscellaneous ($61.1B), and Textiles ($42.4B).

Tariff Section

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This sections shows import tariffs for products traded between United States and China (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter China were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2018, the products from China that paid the highest import tariffs to enter United States were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

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*The tariffs present between United States and China are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Trade Predictions

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This section shows a prediction for total trade between United States and China. The Prediction is based on a Long Short-Term Memory Model constructed using annual trade data.

To create custom prediction, or modify the parameters of the predictive model, visit our Prediction Section .

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Bilateral Service Trade

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In 2011, United States exported services to China worth $21B, with Travel ($11.9B), Transportation ($4.32B), and Royalties and license fees ($4.13B) 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 red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over China. Similarly, the more red a dot/product is, the more China has comparative advantage over United States.

Complexity Balance

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This chart shows the PCI of each product at the HS4 level with the delta of the exports by product between United States and China. Products that are above the 0 in the Y axis are exported more by China to United States than by United States to China.