World Trade Facts

WTM Facts 2023 #12


China's Portion of U.S. Trade Drops

Despite record trade between the U.S. and China, political forces may be having an impact: China accounted for just 13.1% of overall U.S. trade in 2022, the lowest level in at least a decade and down from a peak of 16.4% in 2017. China’s share of U.S. imports dropped from a peak of 22% in 2017 to less than 17% last year.

Source: U.S. Commerce Department

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