In October this year, China’s total foreign trade value amounted to $323.187 billion, indicating a month-on-month decrease of 7.8 percent and a year-on-year decrease of 12.1 percent, as announced by the Chinese customs authorities on November 8. In the given month, the total value of China’s exports amounted to $192.414 billion, down 6.4 percent month on month and decreasing by 6.9 percent year on year, while Chinese imports totaled $130.774 billion in value, down 9.8 percent month on month and declining by 18.8 percent year on year, resulting in a trade surplus of $61.64 billion.
In the January-October period of the current year, China’s total foreign trade value amounted to $3.226964 trillion, down 8.5 percent year on year, while the total value of China’s exports and imports amounted to $1.856448 trillion and $1.370517 trillion, down 2.5 percent and declining by 15.7 percent year on year, respectively, resulting in a trade surplus of $485.931 billion in the given period.