Top Twenty US Exports to China

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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.

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.

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