U.S. Trade Deficit Gap With China Is Growing


by Steven Davies on Jun 5, 2013 | Views: 66 | Score: 2
ImportsExports
19853861.73855.7
198647713106.3
19876293.63497.3
19888510.95021.6
198911989.75755.4
199015237.44806.4
199118969.26278.2
199225727.57418.5
199331539.98762.9
199438786.89281.7
199545543.211753.7
199651512.811992.6
199762557.712862.2
199871168.614241.2
199981788.213111.1
2000100018.216185.2
2001102278.419182.3
2002125192.622127.7
2003152436.096928367.94286
2004196682.033934427.77246
2005243470.104841192.01012
2006287774.352653673.00834
2007321442.866962936.89158
2008337772.627869732.83754
2009296373.883569496.67861
2010364952.633691911.08094
2011399378.942103986.4958
2012425578.9205110483.5868
U.S. trade in goods with China ($ millions)
Sources: census.gov
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Steven Davies
Steven Davies on Jun 5, 2013 1:45 PM said:

In 2012, the U.S. both imported more from China and exported more to China than ever before. However, the rate at which imports are increasing is much faster than the rate that exports are increasing, causing a growing trade deficit gap. The trade deficit in 2012 was 315 billion dollars.

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