Trade between China and the United States in the first half of 2024 decreased by 0.2% year on year, amounting to $322.63 billion, according to data released on Friday by the General Administration of Customs of the People’s Republic of China.
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The United States remained China’s third largest trading partner after ASEAN and the European Union.
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According to Chinese customs data, exports from China to the United States in January-June grew by 1.5% year-on-year to $241.265 billion, while the United States imported $81.368 billion worth of goods into China, down 4.9%. than for the same period last year.
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Separately, in June, the level of trade between the two countries amounted to $59.247 billion, the United States imported $13.735 billion worth of goods to China, and $45.512 billion from China to the United States.
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At the end of 2023, trade turnover between China and the United States decreased by 11.6% in annual terms, amounting to $664.45 billion.
