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US-China trade in Jan-Jul 2021 grew 40% to $404.57 bn: Chinese Customs

Trade between the United States and China, despite the protracted trade war and the impact of the coronavirus pandemic, in 2020 grew by 8.3 per cent to $586 billion.

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Beijing: In the first seven months of 2021, trade between the United States and China increased by 40 per cent compared to the same period last year and amounted to $404.57 billion, China’s General Administration of Customs said.

Exports from China to the United States in the first seven months of this year rose 36.9 per cent to $302.446 billion, while the United States imported $102.125 billion worth of goods into China, up 50.4 per cent than in the same period last year.

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Separately, in July, US-China trade amounted to $63.756 billion; exports from China to the United States reached $49.592 billion, and China’s imports from the United States reached $14.164 billion.

Trade between the United States and China, despite the protracted trade war and the impact of the coronavirus pandemic, in 2020 grew by 8.3 percent to $586 billion.

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