US-China Trade Hit $660.7 Billion in 2024 as Consumer Goods Made Up 46.4% of Imports
Updated
Updated · voronoiapp.com · May 21
US-China Trade Hit $660.7 Billion in 2024 as Consumer Goods Made Up 46.4% of Imports
1 articles · Updated · voronoiapp.com · May 21
$660.7 billion in goods and services flowed between the US and China in 2024, with consumer goods accounting for 46.4% of US imports from China.
$262.2 billion was the US trade deficit with China last year, reflecting a relationship still dominated by goods trade rather than services.
Services remained a smaller share of the total—27.2% of US exports to China and 4.7% of imports from China—even though the US exported more services than it imported.
$24.3 billion in travel services made travel the largest US services import from China in 2024, while China ranked as America’s third-largest trading partner.
The trade snapshot comes as President Trump has recently visited China, putting renewed attention on the scale and composition of bilateral commerce.
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