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US Exports of Goods and Services to China Report 2022
This was the lowest amount since 2013, reflecting the devastating impact of the pandemic on travel and education. When it comes to jobs supported by US exports to China, the bump in 2020 goods exports from tariff relief did not make up for the pandemic’s impact on services exports. The number of US jobs supported by both goods and services exports to China stood at just over 858,000 in 2020, roughly 44,000 fewer than in 2019, a five percent drop.
US goods exports to China hit an all-time high in 2021.
In 2020, US services exports to China were crushed by the COVID-19 pandemic
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