Review of China’s Foreign Trade in the 1st Quarter, 2019
[2019-04-16]
According to China Customs statistics, in the first quarter (Q1) of 2019, China’s foreign trade volume stood at RMB7.01 billion, an increase of 3.7% year-on-year (similarly hereinafter). Exports increased by 6.7% to RMB3.77 trillion and imports grew by 0.3% to RMB3.24 trillion. The trade surplus increased by 75.2% to RMB 529.67 billion.
In USD terms, the trade volume reached USD1.03 trillion in Q1, a decrease of 1.5%. The exports hit USD551.76 billion, up by 1.4%. The imports registered USD475.45 billion, down by 4.8%. The trade surplus was USD76.31 billion, an increase of 70.6%.
Source: China Customs
Keywords:foreign tradeexport import
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