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China's machinery exports up 14.73% in Jan-Apr

Jun. 4, 2012 (China Knowledge) - China saw its machinery exports grow 14.73% YoY to US$108.76 billion in the first four months of this year, according to data from the China Machinery Industry Federation.

The country's machinery imports fell 4.01% YoY to US$94.99 billion from January to April, taking its foreign trade of such products to a total of US$ 203.75 billion in the four-month period, 5.16% less than in the same period of 2011.

China recorded a trade surplus of US$13.76 billion in the period.

In April, the country saw further slowdown in its exports and imports of machinery, which rose only 1.54% YoY to US$53.81 billion in the month, slowing from a 5.35% growth in March. China's machinery exports increased 11.25% to US$29.78 billion in April, and its machinery imports slid 8.38% to US$24.04 billion, with a trade surplus of US$5.74 billion in the month.

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