China's Trade Surplus Widens in January

China's exports beat expectations, rising 10.6 percent from a year earlier in January, while imports jumped 10 percent, leaving the country with a trade surplus of $31.9 billion.

Surplus with the United States fell 34 percent to $9.2 billion. The surplus with the 27-nation European Union, China’s biggest trading partner, narrowed by 25 percent to $9.2 billion.

Shipments to Hong Kong fell 18.3 percent in January from a year earlier to $26.3 billion, contrasting with a 10.7 gain in exports to the U.S. and an 18.8 percent jump in goods bound for the European Union.

Compared to December of 2013, exports declined 3 percent  to USD 207.1 Billion and imports dropped  4.5 percent. to USD 175.3 Billion.


General Administration of Customs |
2/12/2014 11:34:24 AM