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Imports touch a record US $100 billion in April
11
Jun '08
According to customs statistics, from January to April this year, China's total import and exports amounted to US $791.14 billion, an increase of 24.4 percent from the same period last year, of which exports registered US $424.57 billion, an increase of 21.5 percent while imports scored US $366.57 billion, an increase of 27.9 percent.

Cumulative trade surplus marked US $58 billion, a year-over-year decline of 7.9 percent and a net decrease of US $4.95 billion.

In the month of April China's total imports and exports value reached US $220.74 billion, an increase of 23.9 percent.

The combination of monthly imports and exports crossing US $100 billion each is a new record for any month. April exports were US $118.71 billion, an increase of 21.8 percent; imports were US $102.03 billion, an increase of 26.3 percent, and the first month when import scaled over US $100 billion.

April trade surplus realized US $16.68 billion, basically stayed the same with the corresponding period of last year.

Fibre2fashion News Desk- China

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