General Administration of Customs of China (GACC) announced on June 9 that in the first five months of 2022, China's total import and export value of foreign trade was RMB16.04 trillion (USD2.40 trillion), an increase of 8.3% YoY. In specific, the export value was RMB8.94 trillion (USD1.34 trillion), up by 11.4% YoY, and the import value was RMB7.1 trillion (USD1.06 trillion), up by 4.7% YoY. The trade surplus recorded RMB1.84 trillion (USD0.27 trillion), rising by 47.6% year on year.

In May, China's import and export value was RMB3.45 trillion (USD0.52 trillion), up by 9.6% year on year. The export value was RMB1.98 trillion (USD0.29 trillion), up by 15.3%, and the import value was RMB1.47 trillion (USD0.22 trillion), up by 2.8%. The trade surplus was RMB502.89 billion (USD75.23 billion), an increase of 79.1%.