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China's foreign trade up 0.2% in 2023

12 Jan '24
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • China's total foreign trade in goods expanded by 0.2 per cent year on year (YoY) in yuan terms last year, according to official data.
  • The country's foreign trade was worth 41.76 trillion yuan ($5.87 trillion) last year.
  • Exports grew by 0.6 per cent YoY to 23.77 trillion yuan, while imports dropped by 0.3 per cent YoY to 17.99 trillion yuan.
China's total foreign trade in goods expanded by 0.2 per cent year on year (YoY) in yuan terms last year, according to official data.

The country's foreign trade was worth 41.76 trillion yuan ($5.87 trillion) last year, according to the general administration of customs.

Exports grew by 0.6 per cent YoY to 23.77 trillion yuan, while imports dropped by 0.3 per cent YoY to 17.99 trillion yuan, a state-controlled media outlet reported.

Fibre2Fashion News Desk (DS)

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