China’s trade surplus rose to 11.43 billion U.S. dollars in April this year, according to figures released Tuesday by the General Administration of Customs (GAC).

The country reported a small trade surplus of 140 million dollars in March, on the basis of a deficit of 7.3 billion U.S. dollars in February — the country’s first since March 2010.

China’s exports increased 29.9 percent in April from a year earlier to 155.69 billion U.S. dollars, while imports rose 21.8 percent year on year to reach 144.26 billion U.S. dollars, the GAC said.

Last month, the growth rate of exports was 5.9 percentage points down from March while that of imports was 5.5 percentage points lower month on month.

In April, the total value of imports and exports increased 25.9 percent year on year to 299.95 billion dollars, it said. &$

&$Source: Xinhua&$&$
&$

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

What No COVID-Zero in China Could Mean for Vietnam

Unlike China, however, Vietnam implemented an aggressive vaccination campaign. It reached out around the world seeking donated vaccines and set about inoculating its population.

ADB Lowers Growth Forecast for Developing Asia Amid worsening global conditions

The region’s economy will grow 4.2% this year and 4.6% next year, ADB said in a regular supplement to the Asian Development Outlook (ADO) 2022

IMF expects Thai economy to grow by 3.7% in 2023

Thailand’s economy is expected to grow by 3.7% next year, more than the 2.7% predicted for the global average by the International Monetary Fund.