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China's electronics and IT exports down 4.0% in Jul

Sep. 3, 2012 (China Knowledge) - China's exports of electronics and information technology products fell 4.0% YoY to US$57.2 billion in July this year, after rising 7.1% in June, due to weakening eternal demand, according to the latest statistics released by the Ministry of Industry and Information Technology.
In the first seven months of this year, the country's electronics and IT products climbed 3.7% YoY to US$376.3 billion, accounting for 33.3% of the country's total exports.

The country's imports of these products fell 1.5% YoY to US$258.4 billion in the seven-month period.

The country's foreign trade of electronics and IT products amounted to US$634.7 billion in total during the period, up 1.5% YoY.

The exports of computers increased 5.1% YoY to US$131.8 billion in the first seven months. The exports of telecom equipment saw slower YoY growth of 12.9%, reaching US$77.2 billion. Export value of electronics components and electronics devices was US$49.1 billion and US$44.5 billion in the first seven months, up 1.5% and 0.4% YoY, respectively. However, the exports of home appliances dropped 5.0% YoY to US$49.5 billion.

The top five products that record the highest export value were laptops, cell phones, integrated circuits, LCD panels and cell phone components, whose exports were US$63 billion, US$41.3 billion, US$22.6 billion, US$19.2 billion and US$14.3 billion.

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