Textile

China reports 23% increase in international trade for January

02 Mar '24
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

China has experienced a significant boost in its international trade activities for January, with total trade in goods and services reaching 4.23 trillion yuan (approximately $596.09 billion), marking a 23 per cent increase compared to the same period last year.

The data reveals that exports of goods accounted for about 2.02 trillion yuan, while imports stood at 1.6 trillion yuan, culminating in a trade surplus of 413 billion yuan.

Fibre2Fashion News Desk (DP)