U.S. Trade with China in 2023

Export Market Rank
#1 Among U.S. Agricultural Export Markets
Total Export Value
$28.84 Billion
3-Year Average
$33.24 Billion
Compound Average Growth
1.8% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023

Top 10 Exports to China in 2023

Commodity Total Value (USD) Total Volume (Metric Tons) 10-Year Average Value (USD) 10-Year Growth
Soybeans $15.06 Billion 26.39 Million $12.37 Billion 4%
Corn $1.63 Billion 5.61 Million $1.37 Billion 1850%
Beef & Beef Products $1.61 Billion 189,373 $582.92 Million 593949%
Cotton $1.55 Billion 775,619 $1.27 Billion 40%
Pork & Pork Products $1.24 Billion 496,396 $1.07 Billion 162%
Coarse Grains (excl. corn) $1.19 Billion 3.87 Million $1.21 Billion -19%
Tree Nuts $1.18 Billion 222,808 $546.82 Million 518%
Poultry Meat & Prods. (excl. eggs) $732.75 Million 412,108 $394.96 Million 132%
Dairy Products $607.3 Million 423,023 $563.03 Million -13%
Other Feeds, Meals & Fodders $563.66 Million 575,282 $393.68 Million 33%

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Data and Analysis

Attaché Report (GAIN)

China: Sugar Annual

China’s MY 2024/25 sugar production is forecast at 10.4 MMT as the planted areas for both cane and beet are expected to rise. Given sugar prices are expected to trend down, China’s MY 2024/25 sugar consumption estimate is also forecast to increase to 15.7 MMT.
On March 28, 2024, China notified the National Food Safety Standard of Maximum Residue Limits for Pesticides in Foods to the World Trade Organization (WTO) under G/SPS/N/CHN/1299.
On March 12, 2024, the People’s Republic of China (PRC) National Health Commission (NHC) and State Administration for Market Regulation (SAMR) jointly published 47 new or updated national food safety standards and six amendments.

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News and Features

Export Sales Announcement

Cancellation of Export Sales to China

Private exporters reported the cancellations of sales of 264,000 MT of soft red winter wheat for delivery to China during MY 2023/2024.
Export Sales Announcement

Cancellation of Export Sales to China

Private exporters reported the cancellations of sales of 110,000 MT of soft red winter wheat for delivery to China during MY 2023/2024.
Export Sales Announcement

Cancellation of Export Sales to China

Private exporters reported cancellations of sales of 130,000 MT of soft red winter wheat for delivery to China during MY 2023/2024.