The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, US. Reuters
Explainers
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Firstpost09-01-2026, 19:18

China Overtakes US as World's Leading Trade Power: A Two-Decade Transformation

  • For decades, the United States was the undisputed leader in global trade.
  • In 2000, US trade was $2 trillion, while China's was $474 billion.
  • By 2024, China's trade reached an estimated $6.2 trillion, surpassing the US at $5.3 trillion.
  • Beijing is now the largest trading partner for most countries in Asia, Africa, and South America.
  • Experts suggest this shift was long anticipated, despite recent tariff and geopolitical tensions.

Why It Matters: China has dramatically surpassed the US to become the world's dominant trading nation.

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