$161,025,400,000 Merchandise Trade Deficit With China in First Half of 2016

Terence P. Jeffrey | August 5, 2016 | 9:07am EDT
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(AP Photo)

(CNSNews.com) - The United States ran a $161,025,400,000 merchandise trade deficit with China through the first six months of 2016 (Janaury through June), according to data released today by the U.S. Census Bureau today.

That deficit with China was by far the largest the U.S. accumulated with any country in the first half of the year.

According to the Census Bureau, the second largest merchandise trade deficit in the first six months of 2016 was with Japan ($33,699,300,000), the third largest was with Germany ($32,459,900,000), the fourth largest was with Mexico ($31,571,300,000) and the fifth largest was with Ireland ($16,868,100,000).

Census Bureau listing of the 15 nations with which the U.S. ran the largest merchandise trade defiits in the first six months of 2016 in billions of dollars.

In the six months from January through June, the U.S. exported $51,221,200,000 in goods to China, according to the Census Bureau, but imported $212,246,600,000.

In 2016, the U.S. ran a record merchandise trade deficit with China of $367,172,900,000. The merchandise trade balance with China and other countries includes the trade in goods but not services.

Census Bureau chart on U.S. exports and imports of goods with China from January through June 2016.

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