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China’s foreign trade value down 6.8 percent in 2016

Monday, 16 January 2017 10:05:44 (GMT+3)   -   Shanghai
SteelOrbis News

In December last year, China’s total foreign trade value amounted to $378.02 billion, indicating a month-on-month increase of 10.0 percent and a year-on-year decrease of 2.2 percent, as announced by the Chinese customs authorities on January 16. In the given month, the total value of China’s exports amounted to $209.42 billion, up 8.3 percent month on month and decreasing by 6.1 percent year on year, while Chinese imports totaled $168.6 billion in value, up 12.2 percent month on month and rising by 3.1 percent year on year, resulting in a trade surplus of $40.82 billion.

For the whole of last year, China’s total foreign trade value amounted to $3.68493 trillion, down 6.8 percent year on year, while the total value of China’s exports amounted to $2.09744 trillion, down 7.7 percent, and the value of Chinese imports declined by 5.5 percent year on year to $1.58748 trillion, resulting in a trade surplus of $509.96 billion in the given period.

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