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From January to July 2022, the bilateral import and export volume of goods between China and Australia was US$128.26 billion, a decrease of US$32.37 million compared with the same period in 2021, down by 1.7% year-on-year.
From January to July 2022, the total value of China’s exports to Australia was US$43.18 billion, an increase of US$8.34 billion compared with the same period in 2021, an increase of 24.1% year-on-year. The total value of China’s imports from Australia was US$85.09 billion, a decrease of US$9.45billion compared with the same period in 2021, down 11.1% year-on-year.
Although this year’s trade (especially in the commodities such as barley, sugar, beef, wine, log, coal, lobster, and copper) is down considerably, Australia’s trade surplus resulting from trade with China still reached US$41.91 billion from January to July 2022.
Data source: www.customs.gov.cn | www.mofcom.cn (Note: US$1=AUD1.4790)
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I can't thank Feng Jieyun and Liu Chunxiao enough for reigniting my belief in my ability to learn a new language, and for giving me an opportunity to feel connected to my culture and my family each week in our classes. Each class has become a highlight of my week and helped me to remove my anxiety, my fear of failure and to trust in my love of learning and connecting, with people and culture.
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