Textile

China's foreign trade up 5.3% in Jan-Sept 2024

15 Oct '24
1 min read
China's foreign trade up 5.3% in Jan-Sept 2024
Pic: Adobe Stock

Insights

China's total foreign trade grew by 5.3 per cent year on year (YoY) in yuan terms in the first nine months this year, maintaining stable growth, according to official statistics.

The country’s general administration of customs said the goods trade volume expanded to 32.33 trillion yuan ($4.57 trillion) between January and September.

Exports rose by 6.2 per cent YoY to 18.62 trillion yuan, while imports surged by 4.1 per cent YoY to 13.71 trillion yuan in the period, a state-controlled media outlet reported.

Fibre2Fashion News Desk (DS)