Home / Knowledge / News / China's exports rise faster than imports in H1
China's exports rise faster than imports in H1
17
Jul '12
China’s total exports grew at a faster rate than overall imports during the first six months of 2012.
 
Growing at a rate of 9.2 percent year-on-year, China’s total exports were worth US$ 954.38 billion during January-June period, while total imports rose at about 6.7 percent year-on-year to US$ 885.46 billion. Thus, there was trade surplus of US$ 68.92 billion in China’s favour.
 
Imports and exports together touched US$ 1.839 trillion, showing an increase of 8 percent year-on-year. Of these, general trade of imports and exports achieved US$ 975.09 billion, an increase of 8.9 percent year-on-year. While imports and exports of processing trade accounted for US$ 643.15 billion, registering a rise of 4.3 percent year-on-year.
 
General trade exports during the six month period were worth US$ 460.58 billion, up 10.1 percent year-on-year, while processing trade exports accounted for US$ 415.27 billion, a jump of 6.4 percent year-on-year.
 
On the other hand, imports of general trade contributed US$ 514.52 billion, showing a growth of 7.8 percent year-on-year, whereas imports of processing trade reached US$ 227.88 billion, an increase of 0.7 percent year-on-year.
 
In June 2012, Chinese imports and exports totaled US$ 328.69 billion, an increase of 9.0 percent year-on-year, of which, exports registered US$ 180.21 billion, up 11.3 percent year-on-year, and imports were worth US$ 148.48 billion, an increase of 6.3 percent year-on-year.
 

Fibre2fashion News Desk - China


Must ReadView All

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Alibaba to invest $15 billion in DAMO Academy for research

Textiles | On 17th Oct 2017

Alibaba to invest $15 billion in DAMO Academy for research

Alibaba will invest $15 billion over the next several years in its...

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search