A look at the latest US exports to China

A look at the latest US exports to China
China Business Minute

 
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The latest data on US exports to China paint a picture of extremes. In 2021, as global trade continued recovering from the pandemic, goods exports to China grew by 21 percent to an all-time high of $149.2 billion. On the other hand, in 2020, the latest year of services data available, services exports to China contracted by 33 percent to $37 billion. The number of US jobs supported by both goods and services exports to China stood at just over 858,000 in 2020, roughly 44,000 fewer than in 2019, a five percent drop. This week, my colleague Erin Slawson and I dig into our US Export Report 2022.

Ian Hutchinson

Ian Hutchinson

Ian is the digital editor at the US-China Business Council. He hosts the weekly China Business Minute podcast and cohosts the China Business Review podcast. He also covers the Belt and Road Initiative for USCBC.

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