Home / Knowledge / News / Trade surplus zooms in first 11 months of 2008
Trade surplus zooms in first 11 months of 2008
15
Dec '08
According to the statistics released by the General Administration of Customs, from January to November this year, China's foreign trade reached US $2.37 trillion, an increase of 20.9 percent from the same period last year, of which, exports marked $1.31 trillion, up 19.3 percent and imports touched $1.06 trillion, up 22.8 percent.

Accumulated trade surplus recorded $255.95 billion, up 6.9 percent, a net increase of $16.39 billion from the same time last year.

Customs statistics reveal that in November, foreign trade amounted to $189.89 billion, down 9 percent; of which, exports were $114.99 billion, down 2.2 percent and imports were US $74.9 billion, down 17.9 percent.

In the first 11 months, of the overall foreign trade, China's imports and exports in general trade registered $1.14 trillion, an increase of 31.1 percent and accounted for 48.2 percent of China's total import and export volume, 3.7 percent higher than the growth over the same period last year.

Of this, exports reached $608.71 billion to aggregate 24.7 percent; imports were $536.98 billion, up 39.2 percent thereby representing a growth rate of 12.1 percent year-on-year.

Over the same period, imports and exports of processing trade achieved $981.280 billion, an increase of 9.8 percent. Among them, exports were $626.56 billion, up 11.9 percent; imports were $354.72 billion, an increase of 6.2 percent.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Alibaba

Apparel/Garments | On 21st Feb 2017

Alibaba announces retail partnership with Bailian Group

Chinese e-commerce giant Alibaba Group has made another move in its...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Apparel/Garments | On 21st Feb 2017

Govt may free up retail FDI for domestic goods

Government may remove restrictions on retailers like Walmart and...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Steve Cole
Xerium Technologies

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search