Chinas exports rise 6.7% YoY to 3.2 trn in Jan-Nov 2024

发布日期：2024-12-13 作者：Fibre2Fashion 点击：

INSIGHTS

China's exports rose 6.7 per cent YoY to 23.04 trillion yuan (~$3.2 trillion) and imports grew 2.4 per cent to 16.75 trillion yuan (~$2.3 trillion) during January-November 2024.
The total trade increased 4.9 per cent to 39.79 trillion yuan (~$5.6 trillion).
In October, trade expanded 4.6 per cent YoY.
From January-October, trade rose 5.2 per cent to 36.02 trillion yuan (~$5 trillion).

China’s exports increased 6.7 per cent year on year (YoY) during the first 11 months (January-November) of 2024 to 23.04 trillion yuan (~$3.2 trillion), while imports went up 2.4 per cent YoY to reach 16.75 trillion yuan (~$2.3 trillion), as per data from the General Administration of Customs (GAC).

In terms of yuan, the country’s total goods imports and exports rose 4.9 per cent YoY in the 11-month period. The goods trade volume increased to 39.79 trillion yuan, or 5.6 trillion in US dollar terms in this period, as per data from GAC.

In October, China's total goods imports and exports had expanded by 4.6 per cent YoY in yuan terms compared to a 0.7-per cent YoY increase recorded in September, according to the GAC.

The total value of China’s imports and exports were $5.07 trillion—an increase of 3.7 per cent YoY in the first 10 months of this year. Exports value reached $2.93 trillion—a rise of 5.1 per cent YoY; imports totalled $2.14 trillion—an increase of 1.7 per cent YoY.

Fibre2Fashion News Desk (SG)