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China

China ranked No. 3 in total trade value through May with a total of $223.01 billion. Exports totaled $42.97 billion and Imports totaled $180.04 billion, a deficit of $137.08 billion.

January – May 2019

Top Trading Ports

Total Trade: $223.01 billion

RankPortTotal YTD
1Port of Los Angeles $51,134,703,831
2Chicago O’Hare International Airport $23,627,791,872
3Port of Long Beach $16,176,876,016
4Port of Newark $13,080,139,977
5Los Angeles International Airport $11,890,404,351
6Port of Savannah, Ga. $10,818,462,476
7John F. Kennedy International Airport $6,870,890,107
8Port of Charleston $6,237,618,582
9Port of Tacoma, Wash. $5,886,570,143
10Port of Oakland, Calif. $5,615,226,853

U.S. trade with China rose to $223.01 billion through May

China’s trade with the United States rose to $223.01 billion through the first five months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 13.05 percent below its total trade during the same time period last year. U.S. exports to China decreased 18.78 percent while U.S. imports from China fell 11.56 percent. The U.S. deficit with China was $137.08 billion.

Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 Chicago O’Hare International Airport; No. 3 Port of Long Beach; No. 4 Port of Newark; and No. 5 Los Angeles International Airport. During the same period the previous year, the top five were No. 1 Port of Los Angeles No. 2 Chicago O’Hare International Airport No. 3 Port of Long Beach No. 4 Port of Newark and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 51.98 percent of China’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles fell 11.04 percent to $51.13 billion.
    Exports fell 16.28 percent to $3.06 billion. Imports fell 10.68 percent to $48.07 billion.
  • Trade with No. 2 Chicago O’Hare International Airport fell 4.25 percent to $23.63 billion.
    Exports fell 1.44 percent to $3.28 billion. Imports fell 4.69 percent to $20.34 billion.
  • Trade with No. 3 Port of Long Beach fell 25.95 percent to $16.18 billion.
    Exports fell 43.3 percent to $2.51 billion. Imports fell 21.54 percent to $13.67 billion.
  • Trade with No. 4 Port of Newark fell 4.5 percent to $13.08 billion.
    Exports fell 9.78 percent to $314.75 million. Imports fell 4.36 percent to $12.77 billion.
  • Trade with No. 5 Los Angeles International Airport fell 0.99 percent to $11.89 billion.
    Exports rose 1.44 percent to $3.58 billion. Imports fell 2 percent to $8.31 billion.

China ranked No. 3 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 2.

Meanwhile, total U.S. trade with the world increased to $1.71 trillion, up 0.56 percent compared to the same period last year. The nation’s exports climbed 0.12 percent to $685.55 billion; imports climbed 0.86 percent to $1.03 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $342.77 billion, up compared to the same period of last year when the deficit was $334.82 billion.

The top five U.S. exports to China by value through May were the categories of Civilian aircraft, parts; Computer chips; Motor vehicles for transporting people; Soybeans; and Machinery, parts for semiconductor manufacturing, respectively. They accounted for 34.36 percent of total exports to China.

The value of the top five categories of U.S. imports from China –– Cell phones, related equipment; Computers; TVs, computer monitors; Seats, excluding barber, dental; and Motor vehicle parts –– accounted for 28.08 percent of all inbound shipments.

Looking more closely at U.S. exports to China:

  • Civilian aircraft, parts fell 13.26 percent compared to last year to $4.71 billion.
  • Computer chips rose 56.58 percent compared to last year to $3.53 billion.
  • Motor vehicles for transporting people fell 23.43 percent compared to last year to $2.82 billion.
  • Soybeans fell 16.23 percent compared to last year to $2.32 billion.
  • Machinery, parts for semiconductor manufacturing fell 10.74 percent compared to last year to $1.39 billion.

Looking more closely at U.S. imports from China:

  • Cell phones, related equipment fell 23.07 percent compared to last year to $20.41 billion.
  • Computers fell 12.26 percent compared to last year to $16.92 billion.
  • TVs, computer monitors rose 19.12 percent compared to last year to $5.07 billion.
  • Seats, excluding barber, dental fell 9.8 percent compared to last year to $4.12 billion.
  • Motor vehicle parts fell 9.44 percent compared to last year to $4.03 billion.

In the latest annual figures available, China recorded $635.97 billion in trade with the United States. At year’s end, its were Los Angeles; Chicago; New York City; New Orleans; and Atlanta/Savannah. Total U.S. exports to China were $ 130.37 billion and imports from China were $505.6 billion. The U.S. deficit with China was $375.23 billion.