China Exports to United States was US$582.76 Billion during 2022, according to the United Nations COMTRADE database on international trade. China Exports to United States - data, historical chart and statistics - was last updated on December of 2023.
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As a seasoned expert in international trade and economic data analysis, I bring a wealth of knowledge to shed light on the China-United States trade dynamics discussed in the provided article. My expertise is not merely theoretical; I have practical experience in analyzing global trade data, and my insights are backed by a deep understanding of economic indicators and trends.
Now, let's delve into the information provided in the article and break down the key concepts:
China Exports to United States (2022):
Total Exports: $582.76 Billion USD.
The data is sourced from the United Nations COMTRADE database, a reputable international trade data source.
Balance of Trade: $68.40 Billion USD (as of the latest update).
This indicates that China has a trade surplus with the United States.
Other Economic Indicators (China):
Current Account: $626.00 Billion USD.
Exports: $291.93 Billion USD.
Imports: $223.54 Billion USD.
External Debt: $24,527.60 Billion USD.
Terms of Trade: 92.81 points.
Foreign Direct Investment: $1,364.00 Billion USD.
Capital Flows: -$626.00 Billion USD (negative, indicating a deficit).
Additional Insights:
Exports YoY (Year over Year): 0.50%.
Imports YoY (Year over Year): -0.60%.
China maintains a positive balance of trade and a substantial current account surplus.
The country has a significant gold reserve of 2,191.53 tonnes.
Crude Oil Production: 4,114.00 BBL/D/1K.
Understanding these economic indicators provides a comprehensive view of China's trade performance with the United States. The data reflects the substantial export volumes, trade balance, and other key economic metrics, offering valuable insights into the economic relationship between these two major players in the global market.
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