Analysis: Mapping the U.S. Tariff Shock on Chinese Manufacturing

Extent of U.S. exposure in China’s manufacturing sectors

Export & Revenue Perspective: Consumer electronics together with cultural, educational, sports and entertainment (CESE) products exhibit high direct dependence on the U.S. market, while textiles and electrical machinery show greater indirect dependence through supply chains. When considering both direct and indirect exports, consumer goods industries generally maintain significant exposure to the U.S. market. While CESE products and consumer electronics are heavily dependent on direct exports, textiles and electrical machinery derive most of their U.S.-related revenue indirectly. Although overall manufacturing revenue dependence on U.S. exports gradually declined over the years, sectors such as CESE goods, furniture and textiles remain highly reliant.