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Last year, China’s trade surplus with the U.S. was $361 billion, a third of its record-high total trade surplus, of almost $1 trillion. China ranked as the U.S.’s third-largest trading partner ...
Balance of trade with the United States. The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Canada is the largest trading partner of the United States, followed by Mexico. [1]
China has become the world's second largest economy by GDP (Nominal) and largest by GDP (PPP). 'China developed a network of economic relations with both industrial economies and those constituting the semi-periphery and periphery of the world system.' [1] Due to the rapid growth of China's economy, the nation has developed many trading partners throughout the world.
U.S. states and territories by imports 2018 (in current dollars) National rank State/territory Imports in US$ [7] [8] % of states GDP [9] Largest source [8] Largest import product [8] — United States: $2,540,805,731,547 12.2 China: computer and electronic products 1 California: $441,019,089,038 14.6 China: computer and electronic products 2 Texas
The largest two categories, making up $13.2 billion of the targeted imports from China in 2023, are lithium-ion batteries, according to U.S. Census Bureau data.
New U.S. tariffs on $18 billion in Chinese goods take effect Friday as trade tensions intensify between the world’s two largest economies.
The following is a list and analysis of imports into the United States for 2020 and 2019 in millions of United States dollars. [1] [2] The United States imported $2,810.6 billion worth of goods and services in 2020, down $2,945 billion from 2019. This consisted of $2,350.6 billion worth of goods and $460.1 billion worth of services.
US tariffs on a range of imports from steel and aluminum, electric vehicles and solar cells have given a lift to clean energy stocks. Biden’s tariffs on Chinese imports are boosting these beaten ...