In May this year, China’s total foreign trade value amounted to $400.82 billion, indicating a year-on-year rise of 18.5 percent, as announced by the Chinese customs authorities on June 8. In the given month, the total value of China’s exports amounted to $212.87 billion, increasing by 12.6 percent year on year, while Chinese imports totaled $187.95 billion in value, rising by 26.0 percent year on year, resulting in a trade surplus of $24.92 billion.
In the January-May period of the current year, China’s total foreign trade value amounted to $1.81445 trillion, up 16.8 percent year on year. In the given period, the total value of China’s exports amounted to $957.06 billion, up 13.3 percent, while the value of its imports rose by 21.0 percent year on year to $857.39 billion, resulting in a trade surplus of $99.67 billion in the given period.