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USA and China Trade Patterns Comparison


Business organizations and nations tend to have diverse trading patterns about international or global markets to maximize their exports while reducing the volume of imports. Categorically, China, the United States, and EU have different patterns evident in their approaches and decisions on exports and imports. For instance, China seeks to export more textile and clothing products to substantiate its labor-intensive industry, as well as abundance presence of labor in China. Nevertheless, in the current context, labor is becoming expensive in China, thus the need for the nation to consider increasing its investment in technological operation. The U.S and EU, however, focuses on exporting capital-intensive products to highlight the technologically advanced industries. The purpose of this research is to examine and explore trading patterns (exports and imports) of China, the U.S and EU.

In 2012, the trade in private services and goods between the U.S. and China totaled to $579 billion. That year, trade between the two countries (U.S. and China) totaled $141 billion in exports and $439 billion in total imports. As at 2014, China was America’s second greatest trading partner. In 2013, China was the third-largest export market for the U.S. In that year, 2013, China remained the greatest goods supplier of imports to the U.S. there was a recorded trade deficit of $318.4 billion for U.S. goods trade with China in 2013. America’s Foreign Direct Investment (FDI) in 2012 amounted to $51.4 billion according to data by the Office of the U.S. Trade Representative (2014).

USA and China Trade Patterns Comparison

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