China
U.S. Trade with China in 2024
Export Market Rank
#3 Among U.S. Agricultural Export Markets
Total Export Value
$24.65 Billion
3-Year Average
$30.53 Billion
Compound Average Growth
1.9% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to China in 2024
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Soybeans | $12.84 Billion | 27.21 Million | $12.2 Billion | 22% |
Beef & Beef Products | $1.58 Billion | 179,464 | $741.33 Million | 54784332% |
Cotton | $1.48 Billion | 761,173 | $1.3 Billion | 74% |
Coarse Grains (excl. corn) | $1.26 Billion | 4.77 Million | $1.19 Billion | -40% |
Pork & Pork Products | $1.11 Billion | 467,228 | $1.14 Billion | 161% |
Tree Nuts | $1.06 Billion | 172,552 | $634.03 Million | 411% |
Dairy Products | $584 Million | 385,485 | $551.87 Million | 29% |
Poultry Meat & Prods. (excl. eggs) | $490.11 Million | 178,565 | $412.43 Million | 893% |
Wheat | $482.26 Million | 1.77 Million | $348.12 Million | 201% |
Hides & Skins | $433.03 Million | --- | $661.78 Million | -66% |
Data and Analysis
Posts forecasts MY 25/26 cotton production at 6.35 million metric tons (MMT) on stable planted area and a return to normal weather conditions. Imports are forecast at 1.55 MMT and domestic consumption at 8.15 MMT.
China’s MY 2025/26 sugar production is forecast at 11.5 MMT, up 500,000 MT from the MY 2024/25 estimate, as planted areas continue to rise and weather conditions remain favorable.
Attaché Report (GAIN)
China: GACC Interpretation on Implementation of Additional Tariffs on Imports from the United States
On April 10, 2025, the General Administration of Customs of China (GACC) published an interpretation for the implementation of retaliatory tariff assessments on U.S. reciprocal tariffs and clarified text on U.S. “goods in transit”.
Upcoming
All times in ET.
May 19
May 21
Trade Show
|
USDA Endorsed
SIAL China
Shanghai, China
Nov 12
Nov 14
Trade Show
|
USDA Endorsed
Food and Hospitality China
Shanghai, China
News and Features
Private exporters reported the following sales activity for MY 2024/2025: 132,000 MT of soybeans for delivery to China and 135,000 MT of corn for delivery to Taiwan.
Private exporters reported sales of 198,000 MT of soybeans for delivery to China during MY 2024/2025.
Private exporters reported sales of 198,000 MT of soybeans for delivery to China during MY 2024/2025.