US-China trade turnover exceed $452B in Jan.-July 2022

The trade turnover between the United States and China increased by 11.8% in the first seven months of 2022 and reached $452.3 billion, Report informs, citing the General Customs Administration of the People's Republic of China.

Exports from China to the United States in January-July 2022 increased by 15% year-on-year and amounted to $347.4 billion. Meanwhile, the United States exported $104.8 billion worth of goods to China, 2.5% up year-on-year.

In July only, the trade turnover between the two countries amounted to $68.5 billion; China exported goods worth $55.03 billion to the United States, but imported goods worth $13.5 billion.