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Imports & exports post new highs in Jan-June
14
Jul '10
General Administration of Customs released China's foreign trade report of imports and exports in the first half of this year.

China's overall import and export value registered US $1.354 trillion from January to June, an increase of 43.1 percent compared with the same period last year.

Of which, exports fetched $705.09 billion, up 35.2 percent; imports scored $649.79 billion, up 52.7 percent; trade surplus realized US $55.3 billion, down 42.5 percent.

China's import and export value reached $254.77 billion in June, up 39.2 percent. Of which, exports represented $137.4 billion, up 43.9 percent and imports marked $117.37 billion, up 34.1 percent.

Customs statistics showed that China's export value and import and export value in June touched a historical record, last seen in July 2008.

On month-on-month comparison, June import and export value increased by 4.4 percent from May; of which, exports gained 4.3 percent, and imports rose 4.6 percent.

Fibre2fashion News Desk - China

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