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The Census data showed that in 2023, the US imported $67 billion in cellphones and other household goods from China, $37 billion in computers, and $32 billion in games, toys, and sporting goods.
Since 2018, Chinese electric vehicle imports have increased from $7.2 million to $388.8 million – but were only 2% of all US electric vehicle imports, according to the US International Trade ...
Last year, Japan’s exports to the US amounted to $145 billion, about 20% of its total. In 2023, the US was South Korea’s second-largest export market after China, with $116 billion of goods ...
The U.S.'s domestic production is less than its domestic consumption. [14]: 273 Its imports therefore exceed its exports and its current account is in deficit.[14]: 273 Continuing through at least 2024, the global current account deficit is almost entirely composed of the U.S. [14]: 274 Conversely, China's domestic production is greater than its domestic consumption.
The United States imported $130 billion worth of vehicles from Mexico in 2023, making it the top good the US imports from there, according to the United Nations’ international trade database.
18 September – A ten-year old student of a Japanese school dies in a knife attack in Shenzhen. The suspect is arrested. [81] 25 September – China carries out its first test of an intercontinental ballistic missile since 1980, launching a dummy warhead into the Pacific Ocean [82] that lands near the Marquesas Islands. [83]
As of 2024, China and the United States are the world's second-largest and largest economies by nominal GDP, as well as the largest and second-largest economies by GDP (PPP) respectively. Collectively, they account for 44.2% of the global nominal GDP, and 34.7% of global PPP-adjusted GDP.
In 2023, China was the biggest exporter of medical-grade masks by volume, with an average selling price of $4.14 per kg, lower than rival exporter Malaysia's $5.5 selling price, according to U.N ...