China’s foreign trade down 2.9% in Q1 to $1.43 trillion — customs

Business & Economy April 13, 2023, 9:52

In March, China’s foreign trade volume amounted to $542.98 bln, up by 32% compared with February, while exports rose by 47.4% to $315.58 bln

BEIJING, April 13. /TASS/. China’s foreign trade volume decreased by 2.9% in January-March 2023 year-on-year to $1.43 trillion, the General Administration of Customs of China reported on Thursday.

The country’s exports edged up by half a percent in the reporting period to around $821.83 bln, while imports fell by 7.1% to $617.12 bln, according to released figures. China’s surplus reached $204.71 bln in the first three months of 2023, up by 25.6% year-on-year.

In March, China’s foreign trade volume amounted to $542.98 bln, up by 32% compared with February, while exports rose by 47.4% to $315.58 bln.

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