U.S. Trade With China Actually Increased Last Year: Here Are The 10 Top Imported Items

[beijingwalker]

U.S. Trade With China Actually Increased Last Year: Here Are The 10 Top Imported Items​

Emily Washburn
Forbes Staff

Feb 10, 2023,12:20pm EST

While the Biden Administration considers restricting American investment in China, trade between the two countries continued to expand, particularly in these key areas.

U.S. imports from China went up 6.3% from 2021-2022, according to the Commerce Department, despite rising political tensions.

American exports to China went up 1.6% in 2022.

President Biden has tried to curb Chinese imports by maintaining some Trump-era tariffs on Chinese goods, pumping money into domestic industries, like semiconductor production, to make them more competitive, among other strategies.

Top 10 Most-Imported Products From China

1. Smartphones ($50.2 billion)
2. Automatic digital processing machines ($49.2 billion)
3. Wheeled toys, inflatable balls, puzzles and scale models ($16.3 billion)
4. Video game consoles and console parts ($10.2 billion)
5. Machines to transmit, convert and receive voices, images and other data ($8.5 billion)
6. Lithium ion batteries ($7.3 billion)
7. Monitors for automatic data processing machines ($7 billion)
8. Pharmaceuticals in pre-measured doses ($6.9 billion)
9. Accessories for computers and other data processors ($6.8 billion)
10. Plastic items ($4.6 billion)

U.S. Trade With China Actually Increased Last Year: Here Are The 10 Top Imported Items

Increasing political tensions between China and the U.S. did not deter trade, data shows

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