China
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% |
Data and Analysis
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.
Attaché Report (GAIN)
China: Simplified Label and Brand Registration Requirements for Wine and Spirits in Shanghai Free Trade Zone
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.
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.
Upcoming
All times in ET.
Mar 17
Mar 19
Trade Show
|
USDA Endorsed
Food Ingredients China
Shanghai, China
May 19
May 21
Trade Show
|
USDA Endorsed
SIAL China
Shanghai, China
News and Features
Private exporters reported sales of 136,000 MT of soybeans for delivery to China during MY 2024/2025.
Private exporters reported sales of 134,000 MT of soybeans for delivery to China during MY 2024/2025.
Private exporters reported sales of 132,000 MT of soybeans for delivery to China during MY 2024/2025.