Line
US–China Goods Trade, as Each Side Reports It
Merchandise trade between the United States and China, US dollars billions per month, quarterly average
4 of 4 series are above their level a year earlier
Plays the chart through its history. Pauses are where the data set a record or moved most.
Source: IMF International Trade in Goods by partner (IMTS, formerly Direction of Trade Statistics). Monthly values averaged by quarter by Palanor. The two sides' figures differ because of valuation (CIF vs FOB), timing and re-exports via Hong Kong.
Goods trade between the two largest economies, from both sides' customs records: the gap after 2018 shows the tariffs, and the gap between the two countries' figures shows how much trade is rerouted or valued differently.
What this chart reads
- United States Goods Imports from China (IMF)as “US imports from China (US data)”latest 2026-06-01
- China Goods Exports to United States (IMF)as “China exports to the US (China data)”latest 2026-06-01
- United States Goods Exports to China (IMF)as “US exports to China (US data)”latest 2026-06-01
- China Goods Imports from United States (IMF)as “China imports from the US (China data)”latest 2026-06-01
Sources
United States Goods Imports from China (IMF). Source: International Monetary Fund, International Trade in Goods by partner country (IMTS, formerly Direction of Trade Statistics), read from the IMF data API (api.imf.org, dataflow IMF.STA/IMTS). https://data.imf.org/ Attribution: Source: International Monetary Fund. Transformations by Palanor where stated. Transformation by Palanor: the IMF publishes US dollars; Palanor divides by one billion. IMF data is available free of charge from the IMF. Use follows the IMF Copyright and Usage terms, Special Terms for Statistical Data (imf.org/en/About/copyright-and-terms).
China Goods Exports to United States (IMF). Source: International Monetary Fund, International Trade in Goods by partner country (IMTS, formerly Direction of Trade Statistics), read from the IMF data API (api.imf.org, dataflow IMF.STA/IMTS). https://data.imf.org/ Attribution: Source: International Monetary Fund. Transformations by Palanor where stated. Transformation by Palanor: the IMF publishes US dollars; Palanor divides by one billion. IMF data is available free of charge from the IMF. Use follows the IMF Copyright and Usage terms, Special Terms for Statistical Data (imf.org/en/About/copyright-and-terms).
United States Goods Exports to China (IMF). Source: International Monetary Fund, International Trade in Goods by partner country (IMTS, formerly Direction of Trade Statistics), read from the IMF data API (api.imf.org, dataflow IMF.STA/IMTS). https://data.imf.org/ Attribution: Source: International Monetary Fund. Transformations by Palanor where stated. Transformation by Palanor: the IMF publishes US dollars; Palanor divides by one billion. IMF data is available free of charge from the IMF. Use follows the IMF Copyright and Usage terms, Special Terms for Statistical Data (imf.org/en/About/copyright-and-terms).
China Goods Imports from United States (IMF). Source: International Monetary Fund, International Trade in Goods by partner country (IMTS, formerly Direction of Trade Statistics), read from the IMF data API (api.imf.org, dataflow IMF.STA/IMTS). https://data.imf.org/ Attribution: Source: International Monetary Fund. Transformations by Palanor where stated. Transformation by Palanor: the IMF publishes US dollars; Palanor divides by one billion. IMF data is available free of charge from the IMF. Use follows the IMF Copyright and Usage terms, Special Terms for Statistical Data (imf.org/en/About/copyright-and-terms).
Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.