US trade in goods with China in 2017

The report on US foreign trade in goods with China in 2017: exports, imports, balance, product types and groups, dynamics.
 
 
US trade with China in 2017
US trade with China in 2017
 
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June 15, 2018 - PRLog -- In 2017, US trade with China totaled $656.5 billion, up 9.88% ($59.0 billion) from 2016.

US exports to China in 2017 totaled $130.4 billion, up 12.61% ($14.6 billion) from 2016.

US imports from China in 2017 totaled $526.2 billion, up 9.22% ($44.4 billion) from 2016.

US trade deficit with China in 2017 was $395.8 billion, a 8.15% increase ($29.8 billion) over 2016.

China was the US largest trading partner in 2017 (just as in 2016), accounting for 16.6020% of US total trade (up from 16.1361% in 2016).

China was the US 3rd largest export market in 2017 (just as in 2016), accounting for 8.4323% of US total exports (up from 7.9671% in 2016).

China was the US largest supplier in 2017 (just as in 2016), accounting for 21.8466% of US total imports (up from 21.4129% in 2016).

The major share of US exports to China in 2017 (and in 2016) was accounted for the following product types:
• Machinery, equipment and vehicles (HS codes 84-90) - 48.58% of US total exports to China (49.81% in 2016);
• Food products and agricultural raw materials (HS codes 01-24) - 14.46% of US total exports to China (18.20% in 2016);
• Chemical products (HS codes 28-40) - 13.47% of US total exports to China (13.20% in 2016).

The major share of US imports from China in 2017 (and in 2016) was accounted for the following product types:
• Machinery, equipment and vehicles (HS codes 84-90) - 55.42% of US total imports from China (53.79% in 2016);
• Textiles, textile products and footwear (HS codes 50-67) - 11.33% of US total imports from China (12.53% in 2016);
• Chemical products (HS codes 28-40) - 7.05% of US total imports from China (6.87% in 2016).

The full report is available here: http://us-export-import.com/china/us-trade-export-import-...

For more information on US international trade, please go to: http://us-export-import.com/
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