7.9 percent rise in China’s foreign trade in the first 4 months
BEIJING, May 9, 2022 (Xinhua) — The total volume of imports and exports increased 7.9 percent year on year to 12.58 trillion yuan in the first four months of this year 2022, official data released by the General Administration of Customs showed on Monday.
According to the authority, the total foreign trade volume for this period amounted to 1.98 trillion US dollars, up 10.1 percent year on year.
The data showed that between January and April, exports grew 10.3 percent year on year to 6.97 trillion yuan, while imports rose 5 percent to 5.61 trillion yuan, resulting in a trade surplus of 1.36 trillion yuan.
In April alone, China’s foreign trade volume increased 0.1 percent year on year to 3.16 trillion yuan, with exports increasing 1.9 percent year on year, and imports down 2 percent from a year ago.
