In 2018, China was consuming more oil than the United States.
In 2018, U.S. commodities to China added up to $120.3 billion, a 7.4% ($9.6 billion) decline from 2017; U.S. imports from China added up to $539.5 billion, a 6.7% ($34.1 billion) increment; and the import/export imbalance was $419.2 billion, a 11.6% ($43.6 billion) increment.
In 2018, the degree of U.S. imports from China surpassed the earlier five-year normal level by esteem not adapted to expansion. The degree of products to China for 2018 was underneath the five-year normal by esteem. In 2018, the U.S. exchange offset with China was negative.
In 2018, of the $120.3 billion in U.S. products to China, the top item areas were Transportation Hardware (23.0%); Apparatus and Mechanical Machines (22.5%), and Synthetic compounds, Plastics, Cowhide Merchandise (16.4%). In 2018, of the $539.5 billion in U.S. imports from China, the top ware areas were Hardware and Mechanical Machines (49.8%); Different Made Things (12.0%) and materials and footwear (10.9%).
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