US-China trade volume hits all-time high
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The volume of foreign trade between the United States and China in 2022 increased to $690.59 billion, breaking a historical record. They write about it”Vedomostiwith reference to data from the US Bureau of Economic Analysis (BEA).
China exported $536.75 billion worth of products to the US last year, while imports of American goods to China amounted to $153.84 billion.
The previous record was set in 2018. China is currently the United States’ third largest trade partner behind Canada and Mexico.
Overall, China’s share of all US foreign trade is 13 percent.
Read also: “China called on the US to explain itself after the publication of the undermining of the “Nord Streams”“
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