China’s exports fell 6.8% on year in Jan – Feb, imports slid 10.2% – customs data
DATA MACRO
China’s exports fell 6.8% on year in Jan – Feb, imports slid 10.2% – customs data
DATA MACRO

China’s exports fell 6.8% on year in Jan – Feb, imports slid 10.2% – customs data

 

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China’s total import and export, in US dollar terms, totaled $895.72 billion in the first two months of the year, a decrease of 8.3% from a year ago, showed the customs data. 

In breakdown, exports reached $506.3 billion, down 6.8% from a year earlier, compared to expected 9.4% fall, and imports were $389.42 billion, down 10.2% year over year, compared to expected 5.5% drop, leaving the trade surplus at $116.88 billion US dollars, expanding by 6.8%, showed the data.

China’s total imports and exports, in Chinese yuan terms, reached 6.18 trillion yuan in the first two months of the year, a slight drop of 0.8% from a year earlier, according to the data.

In breakdown, exports were 3.5 trillion yuan, an increase of 0.9%, while imports were 2.68 trillion yuan, a drop of 2.9%, leaving the trade surplus at 810.32 billion yuan, expanding by 16.2%, showed the data.