# US-China Trade in Goods Set Record in 2022

> U.S.-China goods trade reached a record $690.6 billion in 2022, up 2.5% year on year. U.S. imports from China rose 6.3% to $536.8 billion, and U.S. exports to China reached a record $153.8 billion. The U.S. trade deficit with China widened 8.3% to $382.9 billion.

- Date: 2023-02-15 · published 2023-02-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/14868-us-china-trade-in-goods-set-record-in-2022
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong bilateral trade flows show continued demand for goods, including farm products, despite political tensions. Direct effects on feed commodity prices are limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-03-21 | [China to import record soybean volume in 2022-23 \| World Grain](https://feedsoft.ai/events/42291-china-to-import-record-soybean-volume-in-2022-23-world-grain.md) | +2.5% | +2.8% |
| SOY | 2018-08-10 | [USDA Sees Record Corn Yield in 2018](https://feedsoft.ai/events/63480-usda-sees-record-corn-yield-in-2018.md) | -0.3% | -6.3% |
| SOY | 2023-01-06 | [Record U.S. FY 2022 Agricultural Exports to China \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14870-record-u-s-fy-2022-agricultural-exports-to-china-usda-foreign-agricultural.md) | +4.3% | +4.4% |
| SOY | 2021-02-05 | [US sets new record for ag exports to China in 2020 \| 2021-02-05  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/48476-us-sets-new-record-for-ag-exports-to-china-in-2020-2021-02-05-agri-pulse.md) | -0.4% | +4.5% |
| SOY | 2024-08-22 | [Record US soybean crop forecast in 2024 \| World Grain](https://feedsoft.ai/events/28788-record-us-soybean-crop-forecast-in-2024-world-grain.md) | -0.5% | +5.2% |
| CORN | 2018-08-10 | [USDA Sees Record Corn Yield in 2018](https://feedsoft.ai/events/63480-usda-sees-record-corn-yield-in-2018.md) | -7.5% | -9.1% |
| CORN | 2023-01-06 | [Record U.S. FY 2022 Agricultural Exports to China \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14870-record-u-s-fy-2022-agricultural-exports-to-china-usda-foreign-agricultural.md) | +1.7% | +0.6% |
| CORN | 2021-02-05 | [US sets new record for ag exports to China in 2020 \| 2021-02-05  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/48476-us-sets-new-record-for-ag-exports-to-china-in-2020-2021-02-05-agri-pulse.md) | -2.2% | -4.1% |

## Sources

- china-briefing.com: https://www.china-briefing.com/news/us-china-trade-in-goods-hits-new-record-in-2022-what-does-it-mean-for-bilateral-ties/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.