1、 US Exports to China Goods and Services Exports to China and the Jobs They Support,by State and Congressional District 2023 US-China Business Council 2023 US Exports to China Generously sponsored by US-China Business Council 2023 1 US Exports to China Executive Summary US exports to China support a

2、broad swath of the US economy.These exports contribute to American livelihoods across the country.This report explores the latest comprehensive data available for both US goods(2022)and services(2021)exports to China,as well as the American jobs(2021)they support.China was the United States third-la

3、rgest goods export market in 2022 and its sixth-largest services export market in 2021.For combined goods and services exports in 2021,China was the top export market for four states,in the top three markets for 38 states,and within the top five markets for all but three states.China is just one of

4、three countries whose purchases of US goods and services supported more than 1 million jobsCanada and Mexico were the other two.The US-China trade relationship has grown steadily for decades,but in 2022,it appeared to weaken slightly.Goods exports to China reached a record high,but much of that year

5、-over-year growth can likely be attributed to inflation.When compared to US exports to other top markets,goods exports to China grew at a significantly slower rate.Stunted economic growth in China,Russias war in Ukraine,and US-China tension are weighing on the bilateral trade relationship,as are lon

6、g-standing barriers,such as tariffs.On the services front,US exports to China increased in 2021 but had not recovered from the shock of the COVID-19 pandemic.US goods exports to China increased by 1.2 percent in 2022 and were led by oilseeds and grains.Both oilseeds and grains and pharmaceutical exp