US Exports to China

Top Twenty US Exports to China
The data source: U.S.Department of Commerce, International Trade Commission

U.S. Exports to China are growing faster than U.S. exports to other nations. U.S. exports to China(up 157% between 2000 and 2005) have grown faster than US Export to Canada(up 19.8% over the same period),Mexico(7.5%),and Japan(-15%),although exports to PRC have grown from a low base. In 2004,China replaced Germany and the United Kingdom to become the 4th largest market for U.S. goods,moving up from 11th place in 1999. The United States exported somewhat more to PRC($41.8 billion)than it did to United Kingdom($38.6 billion)in 2005. According to Japanese,European,and Korean data,in 2005,Japan was the largest overseas supplier of products to China with$79.9 billion in exports. South Korea and the EU-15 and were the second and third largest exporters to China in 2005 with $69.8 billion and $61.9 billion in exports,respectively.

Top Twenty US Export to China - 2005 (millions of dollars)

Electrical Machinery -------------------------5,170
Transport Equipment ------------------------4,479
Metalliferous Ores ---------------------------3,482
Oil Seeds & Fruits ---------------------------2,256
Gen.Ind.Mach.Equip. -------------------------2,067
Office Machines -----------------------------1,835
Plastics in Prim.Forms ------------------------1,793
Prof.& Scientific Instr.------------------------1,710
Textile fibers --------------------------------1,657
Organic Chemicals ---------------------------1,457
Specialized Ind.Mach ------------------------1,325
Telecom,Sound Recording Equip.--------------1,299
Power Gen.Equip.----------------------------1,042
Pulp & Waste Paper --------------------------- 992
Road Vehicles ---------------------------------903
Nonferrous Metals -----------------------------872
Misc.Manufactures ----------------------------750
Hides,Furskins ---------------------------------629
Chemical Materials -----------------------------604
Metalworking Mach ----------------------------547

The above table of top twenty US Exports to China stats, the top five by dollar value were electrical machinery,transport equipment,metalliferous ores,oil seeds and fruits, and general industrial machinery. Exports of metalliferous ores and oil seeds and fruits have grown by over 12 times and 6 times, respectively, since 1999, suggesting that China's appetite for raw materials and agricultural commodities has grown relative to that for general industrial machinery and office machines. Among the top 20 U.S. Exports to China, textile fibers have experienced the largest growth in the past five years(969%).China's top ten imports from the world in 2005 were: electrical machinery,machinery,mineral fuels,optical and medical instruments,plastics,organic chemicals,iron and steel,iron ores,copper articles,and vehicles.

More Firms Are Exporting to China
According to ITA (International Trade Administration ), A total of 30,050 U.S. firms are known to have exported merchandise to China in 2009 - the last year for which data are available. The 2009 total of exporting firms is more than seven times the number in 1992, when 4,092 firms exported to China. The number of known small and medium-sized enterprises (SMEs) that exported to China in 2009 totaled 27,518- up from 3,143 SMEs in 1992. Ninety-two percent of all U.S. exporters to China in 2009 were SMEs. This is up from 1992, when 77 percent of exporters to the China market were SMEs. The number of SMEs exporting to China has been rising much faster than the number of large companies. From 1992 to 2009 the number of SMEs exporting to China surged by 776 percent, compared to 167 percent for large-company exporters.