Home / Knowledge / News / Chinese February trade deficit expands
Chinese February trade deficit expands
Mar '11
In February, China's foreign trade registered impressive growth rate of 10.6 percent compared to the previous year.

According to data released by General Administration of Customs on March 10, during the month, total value of China's import and export was US $200.78 billion, of which exports contributed US $96.74 billion with 2.4 percent growth rate while imports' share was US $104.04 billion, a very impressive 19.4 percent increase. Thus trade deficit between imports and exports was US $ 7.3 billion.

From January to February, China's export growth rate was 21.3 percent while imports increased 36 percent with a US $890 million trade deficit. For that period, trade deficit was significantly higher than market expectations and was expected to narrow down in February. But in February, because of Chinese New Year vacation, pace of export growth slowed down significantly and trade deficit increased.

It was expected that China would register trade surplus with increased exports in February. Now the best hope is to narrow down surplus from January level. As per surveys, economists had expected the trade surplus in February to be US $4.38 billion.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Marcel Alberts

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Suresh Patel
Sidwin Fabric

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


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