United States: Trade in Services with China - Trade Balance

Macro

2026-06-16

Description

-

Published by
U.S. Bureau of Economic Analysis (Choice)
Frequency
Quarterly
Next Update

AI Data Insight

The U.S. achieved a service trade surplus of 9,366 million USD with China in Q1 2026, a substantial increase of over 1.2 billion USD from the previous quarter, marking a post-pandemic high. Although the U.S.-China goods tariff war continues to escalate, the U.S. has steadily consolidated its advantage in service exports, benefiting from China's robust demand for outbound tourism and study abroad. In the coming months, attention should be directed to the potential impact of geopolitics and China's domestic consumption power on service trade.

AI Data Insight

The U.S. achieved a service trade surplus of 9,366 million USD with China in Q1 2026, a substantial increase of over 1.2 billion USD from the previous quarter, marking a post-pandemic high. Although the U.S.-China goods tariff war continues to escalate, the U.S. has steadily consolidated its advantage in service exports, benefiting from China's robust demand for outbound tourism and study abroad. In the coming months, attention should be directed to the potential impact of geopolitics and China's domestic consumption power on service trade.

Description

-

Published by
U.S. Bureau of Economic Analysis (Choice)
Frequency
Quarterly
Next Update