According to the statistics released by China's General Administration of Customs, China's total trading volume in June amounted to $182.57 billion, down 17.7 percent over the same period last year and up 11.2 percent month on month. Exports in June decreased 21.4 percent year on year to $95.41 billion, while imports were down 13.2 percent to $87.16 billion.
China's trading volume for the first six months of the current year totaled $946.12 billion in value, down 23.5 percent year on year. Chinese exports for the period in question came to $521.53 billion, down 21.8 percent year on year, while imports amounted to $424.59 billion, down 25.4 percent. China's total trade surplus for the period stood at $96.94 billion, down $1.3 billion or 1.3 percent year on year.
In the January-June period, the value of trade between China and the European Union, its biggest trading partner, totaled $159.97 billion, down 20.9 percent year on year. The trading volume between China and the US during the period in question was worth $132.09 billion, down 16.6 percent year on year. Japan continued to be China's third largest trading partner, with bilateral trade falling 23.1 percent year on year to $99.73 billion. In addition, the trading value between China and ASEAN countries reached $88.06 billion, down 23.8 percent year on year.