According to the statistics released by China's General Administration of Customs, China's trading volume for the first eight months of the current year totaled $1.33866 trillion in value, down 22.4 percent year on year. Meanwhile, Chinese exports for the period in question came to $730.74 billion, down 22.2 percent year on year, while imports amounted to $607.92 billion, down 22.7 percent. China's total trade surplus for the period stood at $122.82 billion, down 19 percent year on year.
China's total trading volume in August amounted to $191.7 billion, with exports reaching $103.7 billion and imports at $88 billion.
In the January-August period, the value of trade between China and the European Union, its biggest trading partner, totaled $224.69 billion, down 20.7 percent year on year. The trading volume between China and the US during the period in question was worth $183.79 billion, down 16.4 percent year on year. Finally, Japan continued to be China's third largest trading partner, with bilateral trade falling 22.1 percent year on year to $138.68 billion. In addition, the trading value between China and Brazil reached $25.41 billion, down 22.8 percent year on year, with Brazil ranking tenth among China's trading partners.