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China-US trade volume down 13.1% in Q1 to $161.58 bln — Chinese customs

Consequently, China's trade surplus with the US reached $68.88 bln over three months, down by around 25% year-on-year

BEIJING, April 13. /TASS/. Trade turnover between China and the US fell by 13.1% in Q1 year-on-year to $161.58 bln, the General Administration of Customs of China reported on Thursday.

Chinese exports to the US lost 17% to $115.23 bln, while imports of US products slipped by 1.7% to $46.35 bln, according to the report.

Consequently, China's trade surplus with the US reached $68.88 bln over three months, down by around 25% year-on-year.

In March, China-US trade volume amounted to $59.76 bln, up by about 40% compared with February. Chinese exports climbed by 60% in the period to $43.67 bln, while imports from the US added 4.7% to $16.08 bln.

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