China and the United States have the two largest economies in the world by gross domestic product (GDP), according to 2021 Agriculture Department data. The two nations combined to make up over 42% of global GDP.
Of the $2.1 trillion in global goods exports from the US in 2022, $154 billion — or 7.5% — was sent to China. Of that, $17.9 billion was from soybeans.
