What is the U.S. trade balance with China in services?

In 2024, the U.S. ran a $33.2B services surplus with China — exporting $55.0B and importing $21.9B.

What services does China export to the United States?

China's top services exports to the U.S. include travel, transport, business services, and financial services. Exact category amounts are below; some smaller categories are suppressed by BEA for confidentiality.

Where does this services trade data come from?

Annual data is published by the U.S. Bureau of Economic Analysis (BEA) under the International Services Trade dataset. Most countries report annually; a small number include quarterly detail.

U.S.–China Services Trade 2024: $55.0B Exports, $21.9B Imports

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Annual data from Bureau of Economic Analysis (BEA) | Latest: 2024

U.S.–China Services Trade in 2024

In 2024, the United States exported $55.0B in services to China and imported $21.9B, running a $33.2B services surplus. Travel services accounted for the largest share of two-way services trade. Source: U.S. Bureau of Economic Analysis (BEA).

Services Exports

$55.0B

To China (2024, Annual)

Services Imports

$21.9B

From China (2024, Annual)

Services Trade Balance

$33.2B

U.S. services surplus with China

Service Categories

Service Type	Exports	Imports
Travel services	$24.3B	$2.4B
Personal travel services	$21.8B	$1.9B
Education-related services	$14.6B	$11.0M
Transport services	$5.0B	$7.7B
Other business services	$5.1B	$7.3B
Other personal travel services	$7.1B	$1.9B
Charges for the use of intellectual property n.i.e.	$7.8B	$1.0B

Frequently asked questions

What is the U.S. trade balance with China in services?: In 2024, the U.S. ran a $33.2B services surplus with China — exporting $55.0B and importing $21.9B.
What services does China export to the United States?: China's top services exports to the U.S. include travel, transport, business services, and financial services. Exact category amounts are listed above; some smaller categories are suppressed by BEA for confidentiality.
Where does this services trade data come from?: Annual data is published by the U.S. Bureau of Economic Analysis (BEA) under the International Services Trade dataset.

See full U.S. services trade data Services trade statistics