Uscbc State Export Report China Third Largest Export Market For In 2023, china remained the united states’ sixth largest export market for services. growth in services exports to china was comparable to other top services export destinations. For a new report published by the us china business council, trade partnership worldwide produced one pagers highlighting the importance of exports to china for all 50 states and all congressional districts.
Uscbc State Export Report China Third Largest Export Market For The report includes detailed information on exports from every us state and congressional district to china. While 2022 goods exports to china grew slightly compared to 2021 to reach an all time high, those figures were largely boosted by inflation. oilseeds and grains was the largest export category by far, while semiconductor and oil and gas exports saw significant declines. For a new report published by the us china business council, trade partnership worldwide produced one pagers highlighting the growing importance of exports to china for all 50 states and all 436 congressional districts. China was the third largest export market in 2023 for the u.s., the report said, with oilseeds and grains as the top exports. by state, texas, california and louisiana were the top u.s. exporters to china in 2023. texas saw 146% growth over the previous 10 years.
Uscbc Export Report China Third Largest Export Market For Us Goods For a new report published by the us china business council, trade partnership worldwide produced one pagers highlighting the growing importance of exports to china for all 50 states and all 436 congressional districts. China was the third largest export market in 2023 for the u.s., the report said, with oilseeds and grains as the top exports. by state, texas, california and louisiana were the top u.s. exporters to china in 2023. texas saw 146% growth over the previous 10 years. All us goods exports to china—valued at $140.7 billion in 2024—are now subject to at least a 125% retaliatory tariff following recent trade actions. In 2023, china was the third largest goods export market for the us, trailing only canada and mexico. China is also the us’s third largest export destination. about 50% of the soybeans, 30% of the cotton, 17% of the integrated circuits, and 10% of the coal, petroleum gas and medical devices that the u.s. exports are sold to china, directly supporting more than 860,000 jobs across the u.s. As of 2023, china was the third largest export market for the united states after canada and mexico.
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