World Trade Facts

WTM 2023 Fact #11


Despite Conflict, U.S.-China Trade Still on the Rise

Trade in goods between the U.S. and China reached $690.6 billion in 2022, a new record, demonstrating how reliant the U.S. and China still are on each other, despite years of trade conflict. Imports from China grew 6.3%, to $536.8 billion, while exports rose 1.6% to $153.8 billion.

Source: U.S. Commerce Department

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