Global Trade Dominance: US vs China
In 2000, U.S. trade totaled S2.0 trillion —more than four times China's $474 billion. From 2000 to 2024, U.S. trade expanded by 167% (4.2% CAGR), while China's trade surged by 1,200% (11.3% CAGR), surpassing the U.S. in 2012. By 2024, total trade reached $5.3 trillion for the U.S. and $6.2 trillion for China.
Merchandise trade = exports plus imports
The data on U.S. trade partners is sourced from the U.S. Census Bureau and data on China's trade partners comes from the General Administration of Customs.
Posted by Sine_Fine_Belli
6 Comments
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I think it’d be pretty cool if we could stop this pissing contest and just free trade with each other (and even unilateral free trade is good!)
also if we want to increase our output there’s a few secret tricks for that and my favorite rhymes with one grillion americans
Peru choosing China was a really smart decision in hindsight
Yeah China became the largest exporter over that timeframe. Thats how that works
A rapidly industrializating country with an extremely aggressive export policy trades vs a country that has prioritized services and tech.
German guy here. Color my country red as well for 2025.