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Chinese Trade

Chinese Exports to U.S. Plunge 33 Percent Y-o-Y in August

Chinese exports to the U.S. dropped 33 percent year-over-year in August, The decrease is the steepest in years together with a 34-percent drop in May after the effects of the Trump administration's tariffs first showed their major impact on the trade between the two countries. At the same time, China has been selling more to the European Union and ASEAN countries, which include Indonesia, Malaysia, Thailand and Vietnam, as overall Chinese exports rose 4.4 percent year-over-year.

While the export trade from China to the U.S had some seasonal ups and downs throughout the year, this balance has now been thrown into disarray. The front-loading of Chinese imports into the U.S. in March and the crash of trade following April's introduction of tariffs is clearly visible. There was some recovery in June as the pause on additional tariffs higher than 30 percent on Chinese imports to the U.S. persists, but July and August showed more of a downwards trend once again.

Despite the struggle, the U.S. remains China's biggest export market. The nation's exporters have meanwhile pushed to grow in other markets, from the EU, to other places in Asia to Africa. China's slow domestic demand - an issue for years now - is further pushing Chinese manufacturers into overseas markets.

Description

This chart shows monthly Chinese exports to the U.S. (in billion U.S. dollars) and change year-over-year.

EU-China Relations: total annual goods exports from EU to China 2002-2025
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China's share in global exports 2016-2024
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Leading goods exports to China from the U.S. 2025, by end-use category
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Distribution of EU exports to China 2017-2025, by product class
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Taiwan's exports to mainland China 2014-2025
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Monthly value of exports from China 2024-2026

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