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: Cotton and Products Update

Post raises its marketing year (MY) 2024/25 cotton production estimate to 6.2 million metric tons (MMT) on record high yields of more than 2.1 MT per hectare.
Under a new policy, importers of wine and distilled spirits whose domestic agents are registered within the Shanghai Free Trade Zone are no longer required to register the U.S. producer name and brand as a trademark in China prior to commercial sales.
Attaché Report (GAIN)

China: Decree 248 Product List Update - November 2024

The General Administration of Customs of the People's Republic of China (GACC) Bureau of Import and Export Food Safety (BIEFS) updated the list of products and codes subject to Decree 248.

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News and Features

Export Sales Announcement

Export Sales to China

Private exporters reported sales of 136,000 MT of soybeans for delivery to China during MY 2024/2025.
Export Sales Announcement

Export Sales to China

Private exporters reported sales of 134,000 MT of soybeans for delivery to China during MY 2024/2025.
Export Sales Announcement

Export Sales to China

Private exporters reported sales of 132,000 MT of soybeans for delivery to China during MY 2024/2025.