As per latest statistics released by General Administration of Customs, China exported goods worth US $86.62 billion last month which was 33 percent higher than January 2006. Imports for the month rose 27.5 percent year-on-year to $70.74 billion.
Bilateral trade with EU upturned 37.9 percent from last year to $26.46 billion in January, that with US went up 27.8 percent to $23.43 billion whereas that with Japan rose 26.5 percent to $17.51 billion.
Export of machinery and electronic products surged 35.1 percent year-on-year last month to $48.8 billion, apparel exports elevated 22.3 percent to $8.14 billion and footwear exports increased 17.2 percent to $2.26 billion.
Import of machinery and electronic products in January rose 25.2 percent to $37.12 billion, whereas import of automobiles was up 11.4 percent. Import of iron ore went up 31.9 percent to 35.85 million tons.
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