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China's international trade surges in April 2024

02 Jun '24
1 min read
China's international trade surges in April 2024
Pic: Adobe Stock

Insights

  • China's international trade in goods and services reached 4.11 trillion yuan (~$578.27 billion) in April, a 13 per cent YoY increase.
  • In US dollar terms, exports were $297.4 billion and imports $281.6 billion, yielding a $15.9 billion surplus.
  • Goods exports were 1.9 trillion yuan and imports 1.62 trillion yuan, resulting in a 281.5-billion-yuan surplus.
China's international trade in goods and services reached a total value of 4.11 trillion yuan (approximately $578.27 billion) in April 2024, marking a 13 per cent year-on-year increase, according to the State Administration of Foreign Exchange.

In US dollar terms, China’s export and import values for goods and services stood at $297.4 billion and $281.6 billion, respectively, resulting in a trade surplus of $15.9 billion.

Breaking down the figures, the export value of goods was 1.9 trillion yuan, while imports totalled 1.62 trillion yuan, leading to a surplus of 281.5 billion yuan, as per Chinese media reports.

ALCHEMPro News Desk (DP)
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