Flag China / United States Flag

2020
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Exports
: $438B, Rnk 1 / 209

2020
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Top Product
: $48.9B, Computers

2020
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Exports
: $122B, Rnk 3 / 218

2020
FlagFlag
Top Product
: $13.9B, Soybeans

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

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

2020
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GDP
: $14.7T, CURRENT US$
Rnk 2 / 195

2010-2020
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GDP GROWTH
: 142%, CURRENT US$
Rnk 5 / 195

2020
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 GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 195

2020
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GDP PC 
: $10,435, CURRENT US$
Rnk 68 / 195

2010-2020
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GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 195

2020
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GDP PC
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
Flag
GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

China-United States In 2020, China exported $438B to United States. The main products that China exported to United States are 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.

United States-China In 2020, United States exported $122B to China . The main products that United States exported 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 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.

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

Historical Data

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Bilateral Trade by Products

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Depth
Value

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.

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.

Market Competitiveness

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Measure

China
Top Destination
: United States, $438B

United States
Top Destination
: Canada, $218B

This map shows whether countries import more from China or United States. Each country is colored based on the difference in imports they receive from China and United States or the difference in the growth in imports.

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

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

Comparative Advantage China - United States

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Flow

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

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

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).

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 yellow.  This mean that the more blue a dot/product is, the more China has comparative advantage over United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over China.