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China's global trade in goods and services in Jul exceeds $526.5 bn

27 Aug '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • The international trade in goods and services in China in July this year exceeded 3.77 trillion yuan, or $526.5 billion, according to official data released recently.
  • Exports of goods were worth nearly 1.83 trillion yuan and imports crossed 1.44 trillion yuan, resulting in a surplus of 385.5 billion yuan, the state administration of foreign exchange said.
The international trade in goods and services in China in July this year exceeded 3.77 trillion yuan, or $526.5 billion, according to official data released recently.

Exports of goods were worth nearly 1.83 trillion yuan and imports crossed 1.44 trillion yuan, resulting in a surplus of 385.5 billion yuan, the state administration of foreign exchange said.

Services exports totaled 183.8 billion yuan last month, and services imports were worth 315.3 billion yuan, resulting in a services trade deficit of 131.5 billion yuan, a state-controlled news agency reported.

Fibre2Fashion News Desk (DS)

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