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China's Manufacturing Value Added Surpasses Combined U.S., Germany, Japan, and UK in 2021–2022, Matches in 2023
In 2021 and 2022, China's share of global manufacturing value added exceeded that of the combined U.S., Germany, Japan, and UK, before...
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Jan 41 min read
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EU Trade Surplus with the U.S. vs. Growing Deficit with China
In 2023, the European Union's goods trade balance with the U.S. stood at +$126 billion, while its deficit with China reached -$387...
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Jan 41 min read
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U.S. and EU Manufacturing Value Added: Convergence Since 2015
U.S. and European Union share of world manufacturing value added fluctuated around 17% since 2015. Manufacturing comprises 11% of U.S....
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Jan 41 min read
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U.S. and EU Manufacturing Value Added Remains Higher than China Despite Long-Term Decline
The combined U.S. and EU share of global manufacturing value added fell from nearly 50% in 2004 to 32% in 2023, while China surged from...
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Jan 41 min read
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China's Share of U.S. Trade Deficit Shrinks from 47% to 26% Amid Trade War
From 2018 to 2023, China's share of the U.S. trade deficit dropped from 47% to 26%, while the combined deficit with Japan, South Korea,...
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Jan 41 min read
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EU and Four Leading Asian Economies' Exports to the U.S. Surpass China in 2023
China's goods exports to the U.S. surpassed the combined exports of the four leading Asian industrial economies (Japan, South Korea,...
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Jan 31 min read
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Leading Global Exporters to the U.S. in 2023
In 2023, U.S. imports totaled $3,173 billion. Imports from NAFTA partners, Mexico ($480 billion) and Canada ($431 billion), accounted for...
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Jan 31 min read
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U.S.-China Economic Interdependence Through Exports
China's Economy's Reliance on Exports to the U.S. is Five Times Greater Than the U.S. Economy's Reliance on Exports to China
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Jan 31 min read
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The Manufacturing Share of Exports from the U.S. and China
The share of manufactured products in goods exports for the U.S. dropped from above 80% in the early 2000s to below 60% in 2022, while...
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Sep 16, 20231 min read
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Manufactured Products Exports of the U.S. and China
China's exports of manufactured products surpassed those of the U.S. in 2005 and reached nearly three times the U.S. figure in 2022.
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Sep 16, 20231 min read
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