Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

 Search News  Or
China's trade surplus expands to US$27.3 bln in Jan

Feb. 14, 2012 (China Knowledge) - China, the world's largest exporter, saw a trade surplus of US$27.3 billion in January 2012, more than US$16.5 billion last December or US$6.46 billion in January 2011, according to the General Administration of Customs.

The trade surplus was previously expected to narrow to US$10.6 billion last month, according to a forecast made by 16 economists at Dow Jones Newswires.

Song Yu, one of these economists, said the trade surplus increase was principally affected by operation suspension in Chinese New Year, as less raw materials were imported.

Statistics from China's General Administration of Customs indicated that export value slid 0.5% year on year to US$149.94 billion in January, while import value reached US$122.66 billion, down 15.3% from a year earlier.

Last month, the export and import value in Guangdong Province decreased 16.7% year on year to US$61.81 billion, Jiangsu Province declined 12.8% year on year to US$38.05 billion, Shanghai slid 9.7% year on year to US$31.76 billion and Beijing down 1.7% year on year to US$31.75 billion.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved