Home / Knowledge / News / Textiles / Trade surplus drop as imports exceed exports for April
Trade surplus drop as imports exceed exports for April
May '08
Foreign results of China for the first four months of 2008 were revealed by the General Administration of Customs according to which the total import and export of the country reached US $791.14 billion.

An increase of 24.4 percent was recorded compared to the same period last year of which exports registered $424.57 billion while imports touched $366.57 marking a surge of 21.5 and 27.9 percent respectively. The cumulative trade surplus amounted to $58 billion, down by 7.9 percent with a net drop of $4.95 billion.

In the month of April alone, China's total imports and exports fetched $220.74 billion, an increase of 23.9 percent, individually exceeding $100 billion for the month setting new records. While exports touched $118.71 billion with a surge of 21.8 percent, imports stood at $102.03 billion, jumping by 26.3 percent over $100 billion for the first time on single month imports. On an average, trade surplus for April was marked at $16.68 billion which was nearly same as recorded last year.

Since the beginning of 2008, imports by state-owned enterprises grew significantly. According to customs statistics, from January to April, imports and exports by foreign-funded enterprises were $443.52 billion, an increase of 19.7 percent.

Over the same period, imports and exports by state-owned enterprises were US $191.48 billion, an increase of 29.3 percent. In addition, imports and exports by collective enterprises, private enterprises and other enterprises stood at $156.14 billion, escalating by 33 percent.

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Suresh Patel
Sidwin Fabric

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

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

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search