In the January-June period this year, China’s total foreign trade value amounted to $2.161 trillion, indicating a year-on-year decline of 2.0 percent, as announced by the Chinese customs authorities on July 12. In the given period, the total value of China’s exports amounted to $1.17 trillion, increasing by 0.4 percent year on year, while Chinese imports totaled $990 billion in value, declining by 4.3 percent year on year, resulting in a trade surplus of $181.16 billion.
In June, China’s total foreign trade value amounted to $374.7 billion, down 4.0 percent year on year. In particular, the total value of China’s exports amounted to $212.84 billion, decreasing by 1.3 percent year on year, while Chinese imports totaled $161.86 billion in value, declining by 7.3 percent year on year, resulting in a trade surplus of $50.98 billion.