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China’s Exports Grow in Emerging Markets, Decline in the U.S.
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China has continued to deepen its economic ties beyond the United States over the last decades.
To visualize this trend, this graphic illustrates China’s exports by region between 2000 and 2022, based on data from World Integrated Trade Solutions as of October 2024.
China Expanding into Emerging Markets
Since 2000, China’s exports have experienced remarkable growth, transforming the country into a global trade powerhouse.
For decades, the United States has remained China’s dominant export destination, importing more Chinese goods than any other country. However, China has strategically increased exports to South Asia, the Middle East, and Africa under its Belt and Road Initiative.
It has also more than doubled its trade with countries in Latin America and the Caribbean.
Partner | 2000 Exports (US$) | 2000 Share (%) | 2022 Exports (US$) | 2022 Share (%) |
East Asia & Pacific | 120B | 48.1 | $1.3T | 36.1 |
Europe & Central Asia | 47B | 18.8 | $821B | 22.8 |
North America | 55B | 22.0 | $637B | 17.6 |
Latin America & Caribbean | 7B | 2.8 | $252B | 7.0 |
Middle East & North Africa | 8B | 3.2 | $197B | 5.4 |
South Asia | 4B | 1.6 | $175B | 4.8 |
Other Asia | 5B | 2.0 | $82B | 2.2 |
Sub-Saharan Africa | 4B | 1.6 | $125B | 3.4 |
🇺🇸 U.S. | 52B | 20.8 | $580B | 16.1 |
🇷🇺 Russia | 2B | 0.8 | $80B | 2.2 |
🌍 World | 249B | 100.0 | $3.6T | 100.0 |
Meanwhile, the U.S. share of Chinese exports dropped from 21% in 2000 to 16% in 2022. By 2023, this share had decreased further to 14.8%, with China’s global exports reaching $3.4 trillion and the United States receiving $502 billion.
On Feb. 1, 2025, President Trump announced a 10% tariff on Chinese goods imported into the United States, which went into effect on Feb. 4, as part of a broader tariff package.
In response, China announced retaliatory measures including tariffs on select U.S. goods, export controls on critical minerals, a WTO lawsuit against the U.S., and an investigation into Google.
Learn More on the Voronoi App 
If you enjoyed this topic, check out this graphic that shows the top five goods the U.S. imported from China in 2023.