Follow CGSP on Social Media

Listen to the CGSP Podcast

Chinese Trade was Bigger Than Ever Last Year, But 2023 has Everyone Worried

Trade figures released by Chinese customs authorities detailed the country's full-year trade figures for 2022.

For the first time ever, China broke the symbolically important 40 trillion yuan ($6.27 trillion) record for global trade in a single year,  according to new full-year 2022 trade data released by Chinese customs authorities.

Overall, last year’s 7.7% annual increase was better than many had expected, given the massive disruptions to the Chinese economy brought on by the government’s draconian Zero-COVID policy that caused widespread economic disruption. Nonetheless, China traded 4% more with the world in 2022 than it did in 2021.

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

What is The China-Global South Project?


The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.


A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.


Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.


A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.