The value of trade between China and the rest of the world increased by 13.3% year-on-year in the first two months of the year, according to official data published today by the General Administration of Customs of the Asian country.
In January and February, China’s foreign trade reached a value of 6.2 billion yuan (981,263 million dollars, 903,749 million euros).
Specifically, exports advanced 13.6% compared to the same period in 2021 to 3.47 billion yuan (549,088 million dollars, 505,142 million euros).
For their part, imports did the same by 12.9% and reached 2.73 billion yuan (432,236 million dollars, 397,642 million euros).
Thus, the Chinese trade surplus stood at 738,800 million yuan (116,853 million dollars, 107,502 million euros) in the first two months, which represents an advance of 9.31% compared to the data of the previous year.
In the global of 2021, trade between China and the rest of the world had increased by 21.4% thanks to a significant rebound in exports in the framework of the global economic recovery after the impact of the covid-19 pandemic.