China's trade surplus hits 1.68 bln USD, down sharply in April

16:36, May 10, 2010      

Email | Print | Subscribe | Comments | Forum 

China posted a trade surplus of 1.68 billion U.S. dollars in April, down 87 percent from a year earlier, the General Administration of Customs (GAC) said on Monday.

According to the GAC figures, China's exports in April totaled 119.92 billion U.S. dollars, up 30.5 percent from a year ago and 6.3 percent from March. While imports reached 118.24 billion U.S. dollars, up 49.7 percent year on year.

Combining imports and exports, China's April external trade rose 39.4 percent year on year to 238.16 billion U.S. dollars.

Taking the first four months together, China's January-April external trade increased 42.7 percent from a year earlier to 855.99 billion U.S. dollars.

From January to April, China's exports rose 29.2 percent year on year to 436.05 billion U.S. dollars while imports grew 60.1 percent to 419.94 billion U.S. dollars, resulting in a trade surplus of 16.11 billion U.S. dollars in the first four months, sharply down 78.6 percent from a year earlier.

According to the GAC figures for the January-April period, the European Union remained China's largest trading partner, with China-EU bilateral trade topping 137.77 billion U.S. dollars, up 34.6 from the same period last year.

January-April trade between China and the United States, the country's second largest trading partner, increased 25 percent year on year to 107.18 billion U.S. dollars.

Japan outpaced the Association of Southeast Asian Nations (ASEAN) as China's third largest trading partner in the first four months, revealed the GAC statistics.

January-April trade between China and Japan gained 37.5 percent to 88.66 billion U.S. dollars, up 34.6 percent from a year ago. In the first four months, China's trade deficit with Japan more than doubled to 17.72 billion U.S. dollars.

China also recorded a trade deficit of 5.87 billion U.S. dollars with ASEAN from January to April, compared with 830 million U.S. dollars of trade surplus with ASEAN in the same period last year.

Source: Xinhua

http://paper.people.com.cn/rmrb/html/2010-05/11/nw.D110000renmrb_20100511_7-01.htm

(Editor:黄硕)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • On Sept. 26, a resident passes by a flower terrace decorated for the coming National Day. (Xinhua/Hang Xingwei)
  • The photo, taken on Sept. 26, shows the SWAT team ready for the joint exercise. (Xinhua/Wangkai)
  • Two metro trains in Shanghai collided Tuesday afternoon, and an identified number of passengers were injured in the accident, the Shanghai-based eastday.com reported. Equipment failures were believed to have caused the crash on the Line 10 subway, Xinhua quoted local subway operator as saying.
  • An employee at a gold store in Yiwu, located in east China's Zhejiang province, shows gold jewelry on Monday.(Xinhua/Zhang Jiancheng)
  • Tourists ride camels near China's largest desert lake Hongjiannao in Yulin, north China's Shaanx Province, Sept. 24, 2011. Hongjiannao is shrinking as a result of climate change and human activities, and may vanish in a few decades. Its lake area, which measured more than 6,700 hectares in 1996, has shrunk to 4,180 hectares. Its water level is declining by 20-30 centimeters annually and its water PH value has risen to 9.0-9.42 from 7.4-7.8. (Xinhua/Liu Yu)
  • Actors perform royal dance at the Gyeongbok Palace in Seoul, Sept. 27, 2011. A ceremony commemorating the 38th South Korea Sightseeing Day was held in Gyeongbok Palace on Tuesday. (Xinhua/He Lulu)
Hot Forum Discussion