The United States and China are the world's two largest economies, and their trade relationships have significant implications for global commerce, according to the World Trade Organisation (WTO). In 2020, the USA had a total trade volume of $4.3 trillion, with imports accounting for $2.5 trillion and exports for $1.8 trillion. China, on the other hand, had a total trade volume of $4.6 trillion, with exports accounting for $2.6 trillion and imports for $2.0 trillion.