Overview In July 2022, United States exported $12.3B and imported $46.7B from China, resulting in a negative trade balance of $34.4B. Between July 2021 and July 2022 the exports of United States have increased by $547M (4.67%) from $11.7B to $12.3B, while imports increased by $6.3B (15.6%) from $40.4B to $46.7B.
Trade In July 2022, the top exports of United States to China were Crude Petroleum ($728M), Integrated Circuits ($695M), Vaccines, blood, antisera, toxins and cultures ($547M), Corn ($535M), and Machines and apparatus of a kind... ($526M). In July 2022 the top imports of United States from China were Computers ($5.54B), Telephones ($4.05B), Other toys ($1.58B), Party Decorations ($1.02B), and Video and Card Games ($960M).
Origins In July 2022 the exports of United States were mainly from California ($1.81B), Texas ($1.79B), Louisiana ($1.02B), Washington ($712M), and Oregon ($596M), while imports destinations were mainly California ($13.6B), Illinois ($4.99B), Texas ($3.4B), Georgia ($2.21B), and New York ($2.19B).
Growth In July 2022, the increase in United States's year-by-year exports to China was explained primarily by an increase in product exports in Soybeans ($1.81B or 249%), Petroleum Gas ($419M or 659k%), and Vaccines, blood, antisera, toxins and cultures ($363M or 783%). In July 2022, the increase in United States's year-by-year imports from China was explained primarily by an increase in product imports in Computers ($2.18B or 85.7%), Telephones ($1.06B or 27.2%), and Video and Card Games ($535M or 355%).