U.S. Services Trade with China: 2011–15

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  • U.S. exports increased by 14.1 percent annually to $47.9 billion in 2015
  • U.S. imports increased by 6.4 percent annually to $15.0 billion in 2015

China is an important U.S. services trade partner. Total services trade between the United States and China increased during 2011–15; U.S. exports of services grew by $19.7 billion, while U.S. imports grew by $3.3 billion. The United States reported a services trade surplus with China of $32.9 billion in 2015, up from $16.5 billion in 2011, driven by increasing surpluses in travel services and in charges for the use of intellectual property. Travel services accounted for the largest category of U.S. services exports to and imports from China, accounting for almost two-thirds of U.S. services exports and a third of U.S. services imports. For more information on U.S. trade in services, see chapter 1 of Recent Trends in U.S. Services Trade: 2017 Annual Report..