Apple Net Sales in the US and China compared

Apple Net Sales in United States, China and other countries (in billion USD)

The chart at the top shows the net revenue of Apple from two of its largest markets including the US and China from 2014 to 2022. While the United States is the single largest market for Apple products and services, China is its second largest market. Apple generated $147.9 billion from the US in 2022 and $74.2 billion from Chinese market.

A comparison of Apple’s revenues from the US and China 2010-2022

The table below shows Apple’s net sales in the United States and China. The amounts are in millions of US dollars.

YearUS Net sales (millions)China Net sales (millions)
2022$147,859$74,200
2021$133,803$68,366
2020$109,197$40,308
2019$102,266$43,678
2018$98,061$51,942
2017$84,339$44,764
2016$75,667$48,492
2015$81,732$58,715
2014$68,909$30,638
2013$66,197$25,946
2012$60,949$22,797
2011$41,812$12,472
2010$28,633$2,764

2022: Apple (NASDAQ: AAPL) experienced growth in net sales across all its major geographic markets except Japan. The United States, which is the largest single market of the company accounted for $147.9 billion in net sales in 2022 compared to $133.8 billion in the prior year ($14.05 billion higher). On the other hand, the company generated $74.2 billion in net sales from china in 2022 compared to $68.4 billion in the prior year ($5.8 billion YoY increase). Apple’s net sales in the US were close to double of China in 2022. The other remaining countries accounted for $172.3 billion in the company’s net sales in 2022 compared to $163.65 billion in the prior year.

Related:

———————————————————————————————————–

China and the US are two of Apple’s largest geographic markets. No other country accounted for more than 10% of the company’s net sales in 2021.

The company experienced solid revenue growth from both the US and China in 2021 compared to the previous year.  Its net revenues from the US grew by around 22.55% in 2021 compared to the last year while revenues from China grew by 70% in 2021 compared to 2020.

Apple’s net revenues from the United States were $133.8 billion in 2021 compared to $68.4 billion from China. Its net revenues from the US were $65.8 billion higher than revenue from China in 2021.

After 2015, 2021 was Apple’s best year in China. In 2015, the company generated $58.7 billion in revenues from the Chinese market, following which, its revenues from China kept sliding. Having touched $51.9 billion in 2018, it slid again, but in 2021, its revenue again rose to the highest from the Chinese market.

Check out Apple’s revenue distribution from each leading geographic market including China, the US and the other countries from the table below. The amounts are in millions.

YearUS Net sales (millions)China Net sales (millions)Other countries Total
2022$147,859$74,200$172,269$394,328
2021$133,803$68,366$163,648$365,817
2020$109,197$40,308$125,010$274,515
2019$102,266$43,678$114,230$260,174
2018$98,061$51,942$115,592$265,595
2017$84,339$44,764$100,131$229,234
2016$75,667$48,492$91,480$215,639
2015$81,732$58,715$93,268$233,715