China
U.S. Trade with China in 2024
Export Market Rank
#3 Among U.S. Agricultural Export Markets
Total Export Value
$24.65 Billion
3-Year Average
$30.53 Billion
Compound Average Growth
1.9% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to China in 2024
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Soybeans | $12.84 Billion | 27.21 Million | $12.2 Billion | 22% |
Beef & Beef Products | $1.58 Billion | 179,464 | $741.33 Million | 54784332% |
Cotton | $1.48 Billion | 761,173 | $1.3 Billion | 74% |
Coarse Grains (excl. corn) | $1.26 Billion | 4.77 Million | $1.19 Billion | -40% |
Pork & Pork Products | $1.11 Billion | 467,228 | $1.14 Billion | 161% |
Tree Nuts | $1.06 Billion | 172,552 | $634.03 Million | 411% |
Dairy Products | $584 Million | 385,485 | $551.87 Million | 29% |
Poultry Meat & Prods. (excl. eggs) | $490.11 Million | 178,565 | $412.43 Million | 893% |
Wheat | $482.26 Million | 1.77 Million | $348.12 Million | 201% |
Hides & Skins | $433.03 Million | --- | $661.78 Million | -66% |
Data and Analysis
China remained the world's largest seafood producer in 2024, with production estimated at 74.1 million metric tons (MMT), up 4 percent from 2023.
Post forecasts MY 25/26 China soybean production at 19.8 million metric tons (MMT) and imports at 106 MMT. The production forecast is down slightly from MY 24/25 and the import forecast is up 2 percent year over year.
On March 4, 2025, China’s Ministry of Agriculture and Rural Affairs (MARA) announced an updated Feed Ingredients Catalog. It is soliciting public comments until April 3, 2025.
Upcoming
All times in ET.
May 19
May 21
Trade Show
|
USDA Endorsed
SIAL China
Shanghai, China
Nov 12
Nov 14
Trade Show
|
USDA Endorsed
Food and Hospitality China
Shanghai, China
News and Features
Private exporters reported the following sales activity for MY 2024/2025: 132,000 MT of soybeans for delivery to China and 135,000 MT of corn for delivery to Taiwan.
Private exporters reported sales of 198,000 MT of soybeans for delivery to China during MY 2024/2025.
Private exporters reported sales of 198,000 MT of soybeans for delivery to China during MY 2024/2025.