Economy

China foreign trade volume up by 8.6% in Jan-Nov

China's exports up 11.9%, imports rise 4.6%, according to state news agency

Gökhan Ergöçün  | 07.12.2022 - Update : 07.12.2022
China foreign trade volume up by 8.6% in Jan-Nov

ISTANBUL

China's foreign trade rose by 8.6% to 38.34 trillion yuan (about $5.5 trillion) year-on-year in the first 11 months of this year.

According to state news agency Xinhua, the country's exports and imports increased by 11.9%, and 4.6%, respectively, to 21.84 trillion yuan and 16.5 trillion yuan over the same period.

The country's trade balance posted a surplus of some 5.3 trillion yuan ($764 billion) in this period.

China's trade with the EU and US grew by 7% and 4.8% in January-November on a yearly basis.

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